Daily press. [volume] (Newport News, Va.) 1896-current, 1905-05-20
He REACHES CRIME
OF AMALGAMATED'
CONTINUED from first page.)

I
TO this: Every subscriber legally en-
titled to three shares OF Amalgamated
aolrk wns deprived of two Of them by
the National City Bank. and the proc.
Is to ba fClnd In the books of said
National city Bank. My renders may
say hero that this constitutes a fortu.
nate coalition rather than crime To-
be punished. FOR the less Amalgnmated
a man had. the better he was OF, as
the stock afteIward declined. This
conclusion is a false one, however.
A Simple Illustration.
Here, In simple terms, Is an illus
traticn Of what was done In Amalga,
mated and CT whit the wrong was.
ID had valuable race horse and de.
ci,ied to dispose of him in five shares.
lie Offered these five shares for pub
lie subscription and advertised thar
If over five were subscribed for h,,
would split up the shares and allot
them pro rata. There were on the fin
al day seven subscriptions Instead of
Turning over the horse 10 the seven
subscribers to own aud race in their
own way. 3 notified them that twenty
one subscriptions had hcen received.
and TINT fer their seven he had allotted
thcHi onn-third ownership. while thu.
hhther subscribers would retain two
thirds. In the two.thirds resided the
right TO manage and drive The horse.
and the seven had no say whatever Il,
his direction The seven honest sub
scribers. not suspecting that b had
simply sold them one third Of his
horse nj lis actual cost. and thai he
still retained two-thirds ownership
In him, supposed that fourteen others
hal subscribed on the same terms a.
themselves. If the horse were really
able 10 race and thereby earn large
sums of money, by this arrangement
II was In BIS power to make him APP
pear SO worthless that the seven bona
tlue subscribers would he irclned to
turn over their ownerships To Il ut his
own figure. ContratIwjse. II could SD
dose the horse as TO make him appear
more valuable I han he really was, and
use the advantage to dispose of his
fourteen shares for Actiticnsly high
prices.
Deed Itself Seems sloodIess.
| THE world assumes an attitude of
horror and amnZement at the mention
OF crime. and thousands Of words are
written to describe what led up TO and
away from one certain overt deed; bur
The decd Itself, However, grave. shame.
ful. or portG:tious, seems strangely
bhrren and hcolless set down in max.
ell words. Yet the mountain peak
that tops tho great ranges is but Il
shoulder over it's neighbor. though 1.
may be tho apex OF continent. n
misconstrlied word has caused the
splitting Of the blood of millions; the
needle'poin of q stllettn has severed
Kingdoms Between temptation and
consequence there is but little space
yet 1t is deep AMI wide enough for Il!
the poison IN the tongues of all Tie
worlds snrpents. To-day. simps
peasant. humble, gentle. is an insig
nficnnt atom in the great Russian
Empire. and Nicholas Is the supreme
ruler of rulers. Tomorrow. by sim
pic swing of an arm a bomb is thrown
and the peasant is The one human
being In all the world; tho face of Rus
sia Is changed. and Nicholas-is not
The first crime Of Anal gamatcd Is
matter of mathematics. 1t involved
plain fraud and misrepresentation. the
insertion Of bogus subscription ana
The disruption IF solemn pledges. The
consequences were worldwide That
night no bnmb was thrown. hut a seed
Was suwn for The crueest harvest of
crime. dishnlor. unhappiness. and DIES.
olation ever reaped within the confine.;
of our republic"
The Remedy"
In discussing his proposed remedy
MIR. lawson says:
I'm doing all in my power. and in.
tend to. to get every investor,
woman and child,-in America to sell
at present high prices on to The schem.
Ing. Specializing, pl;lndering System
every share of stock they own. and at.
ter they have done so and the System
is loaded with billions of these stocks.
| will endeavor to have the people
take their money out of the hanks,
10 the end that the System cannot
use II to maintain their fictitious price
structure, and when they cannot do
this, prices will decline. and Mt this
si8ye ,ylll pivo m Tho reon,o