The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-12-08
WILD TIME ON THE STREET.
FOLLOWS LAWSON RAIl
WANTS A RECEIVER
FOR AMALGAMAIED
Lawson Says He Will Follow Cop
per Raid with Appeal to
the Courts.
New York Sun Special Service.

New York Sun Special Service.
Boston, Dec. 8.-Thomas w. Lawson
announced last night that he would APP
ply for receiver for the Amalgamated
Copper company and -substantiate
every statement he had issued IN re-
gard to the great Rockefeller trust.
He added he was placing advertise
ments in Europe and America for pub
LEGATION today that would bring crisis
in the stock market.
The Boston news bureau says:
Unless he carries out his threat he can
be- under New York laws, put in jail
for circulating false reports calculated
to depress the price of shares Possibly,
the Massachusetts authorities would give
him I'D to the New York authorities on
extradition papers.
Great Slump in Stocks.
New York, Dec. 8.-Thomas W. Law
son s information and warning In re-
gard to Amalgamated Copper resulted
in " frenzied finance day in Wall
street yesterday. Copper received. a
staggering blow, and before the session
nine points, while the shares were
| thrown overheard in lots as big as
brokers could handle them.
Holders of Amalgamated had taken
Lawson at his word to. sell "before
another crash came,' and they started
in as soon as the trading opened. The
transactions in Copper in the entire ses
sion were 100000 shares.
The conditions under which Lawson
be these: From 40 up to 80 the Boston
operator conducted bull pool in thu
stock He undoubtedly has big fol
lowing all over the country. It is con
servatively estimated that his clientele
was long Of 100000 shares. Lawson
makes the number 100000. r:
I.awson's Attack Deliberate.
1 After the close of the market yes
4 terday Lawson sent the following mes
sage into Wall street: ' -
| want just one word with the American
people who come into Wall street.
stranger in Wall street today would thinl
from the gnashing of teeth Of its 'fren
zied financiers' and the deep curses the
are hurting at me, that had done some
one a wrong. Let Wall street make n
mistake. I made up my mind after tn
: shaking down it gave the American pee
pie short time ago, when 1t loaded Their
with hundreds of millions of Amalgamat
: ed: Steel and other made-to order secnr
81 tiles and then dubbed them into insensi
=
!. would nip the tfrenzied f1nanciers' c
: their next trip. ,sas- ~. II -
g I think it has been accomplished an
Q the people have been able this time
exchange the watered chronos for tt
'frenzied financiers' - cash. Anyway,
I they have not all done so, it is thru I
:. fault of mine. e. ..r - ~
The country has been covered by t,
"frenzied fnanciers' - press agents fro
e one end to the other, and Europe, to
1, to show the wonderful things that we
j going to happen in Steel, and every ms
20 who ran into an Amalgamated insid
n was earnestly told that Amalgamated w
e: going to ITO in the next twentyfo
u hours. So it was all along the line. L
y stead Of listening to the curses of t
q "frenzed financiers,''- let the people a
~ them, "Where is that ITO on Anna
VI gamated and that 1875 on Steel preferred
~ And see if they dare answer: 1--WE we
~, honest, but an insignificant New Engla
n. countryman made it impossible for us
make good our promises