New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-04-03
ONEDEAL NETSS66, 100000
L4WSONiS SETTLEMENT.
ShipbuiIding Case Insignificant to
Ne5o Revelations, He Says.
ley TELEGRAPH TO THE TRIBUNE


Boston. April 2.-Statements made a few days
ago that Thomas w. Lawson would bring suits
against certain well known fnanciers as re-
suit Of testimony brought out at the gas hear
ings are confirmed tonight by an announcement
made for Mr.. Lawson to the press.
Referring TO his statement Of March 4. Mr.
Lawson says he intended TO say only that the
gas hearings would be the first step in series
OF revelations which would, by the time the last
one was reached. show TO the public most
ominous condition of affairs. to which the United
States Shipbuilding episode would appear in
significant. He says that he would have been
well within the facts in his testimony in the
gas case If he had put his profits and those Of
II. II. Rogers in one deal at S66.0O0.0O0, in
stead OF at S46O0OOO0. He declares that Anal
gamated stockholders have nothing to worry
over in the litigation now going on. and that il
the real owners Of the company come into con-
troll they viii be able to declare an extra cash
dividend Of 500 on each share from funds other
than those coming from the sale OF copper. Mr.
Lawson says:
The present gas case is orc IN which was in
terested only witness. and had no ioea II was
going TO kick up such furor. As had been sub
the truth the whole truth and nothing but the
truth; but as knew the truth would be confined TO
litter aIibouFb did Enoa that otbers frsfeTrirs
TO his coming suifs1 which wouId innrnedIatelv
follow could not proceed far without the years OF
blowing the I'D and the receptacle to which It was
attached so far into space that it would require
the passing OF the present generation and Jhe com
ing Of new ones before any new Id could be so
any Kind Of public plandering fermentaton OF
course. / sat day after day in the courtroom,
~onneed ia a ronciusjoU tbat t6e first leg of what
had been started tuning UP contest was. be
cause Of the rawness developed. liable to be ad-
raising set-to before reaching one of those natural
sobering down hating places when usually orlngs
dollars and when / informed. before going on
taking nv medicine as all others in the history OF
standard OH" had taken theirs. I knew that my
ii I.iTd s1e5 % a. j-to an evtrHordnarv accident At
the present time-that is. during the pendency OF
this suit-it Is only meet for me 20 say il is 10
affair OF mine how it ends: it is my affair how the
many suits which viii Immediately follow this one
Nv friends and the public may rest assured I
appreciate than any one else the step have
been compelled to take ana nave tahe1 ,b II Cn C6g
ditions. What ] have done have done with
situations strength and weakness Yet, knowing
what ] do, / would shudder Tor any fiieaa @ wiz, wLo
shuddering so continuously for my friends since
the Smaieamated hotation. I have forgotten how
There are a few things ] owe 30 my friends and
witness stand spoke Of a deal whereby $46o0O.OOO
profits had been made: immediatey are spread pc
details far from the facts as only to ntslesd
these details when the witness stand; not be-
fore Much comment has been made at the tre-
nervousness OF the amount. ] VIII say IL I had
put 81 at an SSs 100000 would have been well
inside the truth and. by-he-bye the public should
keen IN mind that all statements I made the
witness stand were made under oath in the Su-
preme Court OF Massachusetts
The result OF Mr.. Lawson's testimony regard
ing this s46.O00.Oo0 deal has been TO create 4
general impression in financial circles that Mr..
Lawson and the Standard oil people have had
a serious falling out. and by reason thereof that
MI Lawson's prestige is likely to suffer
severely Regarding this phase OF the situation
Mr.. Lawson is silent. preferring to wait until
he is on the witness stand in his own suits,
when he promises to let in the light on a dark
subject.