The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-07-14
FIGHT
ON THE SYSTEM"
Frenzied Bostonian Holds Forth IN
st. Paul Church.
NOT ACCEPT OFFICE
ONLY PART OF HIS ALLEGED
PLAN DIVULGED.

OT. PAUL, Mimi, July 81 have
no political ambitions. ! could not
accept political Office were it ten
dered me. have work cut out which
even if I devote eighteen hours per day
to it will last me until I am over 30
years old-too old to think of political
honors."
SO said Thomas w. Lawson in an ad-
dress to a large audience at the PEG
pies church in this city tonight
Answered Many Questions.
Mr.. Lawson did not deliver a set
speech; he talked informally in con-
VerSational tone, devOting his time to
answering series of questions pro-
pounded to him by a local newspaper.
He declared that should his SO-called
remedy be put into effect, there would
be no political revolution. the various
parties would go on battling for their
principles as heretofore. But a great
financial revolution there would be;
there would be no more stock imitation.
the money stolen from the people by the
system" would be returned to the peO-
pie, and because railroads and indus
trial corporations would have only TO
earn a fair percentage on the true
value of their investments, the cost of
living would be reduced and wage
earnerS would be able to enjoy greater
Iuxuries and to lay by a greater pOr-
ton of their earnings
Keeps His Secret.
As to when he would PROFOUND this
remedy he said that it would be fool
ish to make it known until the people
were ready for it; otherwise the "sys-
tenn would find means TO render il non
eeffctiVe. The people must first get rid
of their stocks and bonds; sell them 10
the system at the present inflated
fnr-rr- nd hcro ~ tom
was forced to let them go. the people
should buy them back cheaply and for
ever keep the control in their own
hands. When this had been accom-
plished his remedy, which he declared
to be a simple, business proposition.
could be put into force. and there would
never again be imitation of capital
stocks.
Plan Not Dangerous.
AS to whether or not his plan was n
dangerous one, he replied that it was:
that is, dangerous 'fOr the other fell
low" A panic might ensue; in fact. he
hoped and believed a panic would en-
sue, but not until the people had sold
their stocks to the ''system-'r
MY friends" said Mr.. Lawson. wall
street is nothing but a machine trick
machine Every year ffnanciers run
the American people through that ma
chine from one end to the other and as
IIeg pass llAIouSA the ltlOileN III Intif
pockets falls into the systems bucket.
What / propose to you is simply TO re-
verse the operation; run the system
through the other way. and in that
manner separate them from their III
gotten gains and return their stolen
millions to their rightful oWnerS-the
American people.
Insurance Question.
OF the insurance question he said
ms
insurance. and he believed that most of
the Insurance companies were based
upon honest principles. Some of them
however, We're run in a dishonest man
ner. He expected to bring suits against
certain companies on behalf of 5000
policy -holders, in an effort to secure
restitution of moneys wrOngfully re-
tanned. and these suits would be prose-
cuted to the end.
Mr. Lawson was introduced to the
audience by Governor John A. Johnson
and throughout his address was fire.
quentiy applauded.