The citizen-Republican. (Scotland, Bon Homme County, S.D.) 1???-19??, 1905-04-27
LAWSON GOT AWAY
WITH 4 MILLION
s-ltss
Boston Man Sold Short, Az.
vertised for a Bear Market
and Promptly Got II
HE BOUGHT STOCKS
When 1t Was Over He out the Million
in His Pocket and Started for
Boston, Giving Mall Street
the Merry Ha Ha.

New York, April 25.-Thomas w
Lawson took advantage yesterday pf
the psychological IascElent In the his
tory OF Wall street Ier u bear rasd.sandS
carried off profits amounting to almost
q million dollars, according 10 the
statement of brokers who claimed to-
-knoH~4o his transactions. Seldom
have conditions peeII== IssiS
than yesterday. The signing Of the
stock tax bill by Governor Higgins;
in the fan. east: the closing of the stock.
exchange Friday and Saturday.; the
possibility of trouble owe neutrality
between Japan III rance which
might draw England; the marvellous
ly high prices of stocks--all these
which Lawson was shreWd enough to
turn to his advantage.
Brokers all over the street who were:
heavy losers We're Indignantly protest.
ing against the action of the board OF
governors yesterday invoting to close
the stock exchange for a three days
holiday ingtilnes when conditions are
so unsettled. Many brokers in their
nge openly charged that certain
members of the governing committee
We're IN league With the bear operators.
Prices Took Tumble.
Prices of all stocks broke on an av-
efage of about four points and Wall
street. which since the memorable day.
IN December when Lawson made his
first bear raid, had laughed and joked
about the Bostonian. went to bed TOT
night trembling under the blow which
ne struck and feeling that he had made
good his threats. The results today
showed thai Lawson has been par
ing for weeks for this raid. One story
In The street was that James II. Keene,
wa1 the nan who had helped him to-
engineer the deal. Keene's friends de-
MED this.
Lawson's first move was to announc
In an advertisement that a panic was
at hand. He addressed to bank and
trust company managers a appeal be-
ginning thus.
You are loaning hundreds OF m~illions5oft
your deposits TO stock gamblers upon
STOCKS and bonds at prices which Ill a pam
iG can decline 10 to so per cent. more than
these at which you have taken them.
ms VIII mean failure to many insti-is
tut,ons which hold the peoples savings.
me American people are in no mood at
present to have their savings sacrificed to
stock gamblers.
Therefore.
It .behooves you to heed when your att
tention Is called to present conditions.
Ihls is the purpose, and only purpose of
.nis auVertisement-that you cannot plead
ignorance when too late,
The Insurance Fight.
And to policyholders of the big in-{
s1,peestioSs a nia ~ o legs, scihei
Then 49, s4a.,, .,I,s ~ 4ni.a.
gan. / said saTlhe, .systanp.s :, = -, ita = ,ias ~, 9a,
run your Companies are using yo,,r funds
for their personal enrichment" / said
nothing stronger than this.
~ howl OF LIAR went up throughout
tnG country.
a9aay me highest officers in these cons
lanaes are accusing each other OF almostI
~ 49, "a Il n r,, ~ E~,,t rtl ~ q
,n hnfGsr and proving II. The president OF
ois isquitapie says It's wee president and
oWnsl mas looted the treasury; The vice.
pIesIoeilt answers by giving back what
ne AZ, aahilts ne has secured, and charges