The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-09-19
WHAT MIR. LAWSON
DID TO HEINzE
Author of "Frenzied Finance
Gives His Version Of Famous
Mining Stock Fight.
He Played the Montana Man at
His Own Subtle Game
and Won.
Special to The Journal.

Special to The Journal.
New York, Sept. 19.--What Lawson
Standard Oil and the Montana copper
man, is the story told by Thomas w.
Lawson in Everybody's for October.
Mr.. Heinze's story has been told, but
this is the first time Mr.. Lawson S YER
sion in detail has been made public,
and it makes sensational reading, as
sensational, almost, as anything Mr..
Lawson has done since he began Fren-
zied Finance. -
The Boston financier opens the story
with character sketch of the Mon
tana miner that would seem to call for
nothing short of swords or pistols. He
paints the character Of Heinze about
as deep black as ever was painted.
Heinze's First Move.
According to Mr.. Lawson, Heinze,
thru the "Apex'' law Of Montana and
the corruption of the Montana courts,
attempted to blackmail the Boston &
Montana and the Butte & Boston COM
panies. The companies would not pay.
"Then,' says Mr.. Lawson, began
that warfare which has astonished the
struction of property, which has MADE
Montana Justice a byword and dragged
her governmental institutions in the
mire. Because of it, the state has been
divided into two parties, and judges
and lawyers, and state officers and
bought and sold as openly as beer over
a Butte bar. Already the fighting has
cost the contending parties $12,000O00,
and, at writing, there seems little pros
pect of peace.' -.
Offer of s5,ooo,ooo.
Standard Oil, says Mr.. Lawson, tried
to buy Heinze off. It offered him So ,000,-
900, and then $5,O0O,OOO. But Heinze
and would not sell out for that amount
and quit. He had had a receiver APP
pointed for the Boston & Montana com
pany, and by selling ttshort' on the
stock market, had sent the stock Of that
company .tumbling. Panic seized the
system Something must be done.
Henry H. Rogers, master Of Standard
up. 'Heinze, - he said to Lawson after.
ward, is impossible'' The next day
promised panic in Boston & Montana
The situation was desperate. STANDARD
Oil must step into the breach openly
That was Mr.. Lawson s remedy. Mr.
Rogers refused. Of this refusal, Mr.
Lawson says:
"Standard Oil is 'sure thing oper
L dtOI. 4 IL uoVtI elteiS d .uoo1 Oh 0yeI
terms. It's cards are always STACKED,
it's dice scogged s and its boxes fixed.
The truth is that Mr.. Rogers and Mr.
r Rockefeller, with all their millions, art
the veriest cravens in an open stocl
:, gamble. -
: Plays Heinze's Own Game.
They would not step into the breac1
, Mr.. Lawson, seeing no other course
4 then went to try his hand with Heinze
He talked with the Montana man fo
:. hours. Heinze, feeling sure Of his hand
: not only refused to accept So, 100000
:. that had been the price named before
= but put the price to $5,000,OO0 AM
made that conditional. Carried ava,
q by the sense of his power, Heinze final
J |ly delivered his ultimatum to Lawson
J in these words:
= whatever sum Rogers and I agre
= upon tonight, whether it is three mill
ion, five or one hundred and five, I pc
it in one way and no other. Roger
. and, Rockefeller sign a paper, which
9 am to publish where I please, admit
> ting that they came to me and begge
to settle-you understand, don't you
(. begged me to settle, and, in addition
< they are to acknowledge that I am a.
s dent Of the consolidated company"
/. Helnze Loses Millions.
!. Mr.. Lawson was convinced tina
5 Heinze was impossible by any ope
f.. method Of persuasion. He says tina
. he at once decided to play Heinze a
!. his own game. He did, and by MAJ
. ipulation of the stock market the mex
!. day, he put Heinze out of the game
!. loser by several millions. The gam
+. was played by Lawson s pretending t
/. turn traitor to Standard Oil and joi
-: hands with Heinze. He says the enc
. in his ewes then iustified the means