Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-12-17
LAWSON HARD PUSHED
Standard Oil Interests Crowd
Him to the Wall.
MAY BECOME BANKRUPT
HAS MoRTGAGED RESIDENCE AND
OTHER PROPERTY.
But He Says He Will Continue Fight,
Even If Beaten This
Time. Ill
MAY BECOME BANKRUPT

Special Dispatch to The Star.
BOSTON. December 18.-Thomas w. Law
SOU has announced today that he is making
his last stand in the market against Stand
Oil and "the system" and he will either
make 200 per cent profit In this. his last
great raid, or the public will know OF his
defeat by his going into bankruptcy. The
fight began yesterday and was continued
today. but Lawson, with his Sit. 000. 900 bear
pool. failed to make any impression on the
market. What slight recessions were noted
were the result mainly Of profit taking.
Amaigamated opened at 1O1z, flve-eighths
higher than the close yesterday. A food
of buying orders was poured into the mar
lxet on all coppers, the Standard Oil crowd
evidently determined to push the prices
higher and break Lawson once for all The
tip has gone forth that Amalgamated will
score big advances next week and that
certain other stocks are good Tor ten
points, all stocks which Lawson has at
tempted to raid or sell short.
Lawson's Statement.
But Lawson says he Is not broke, while
claiming to have dropped 100000 Of his
own and associates money in previous
bear operations. My portion Of the first
and second bear pools I have formed and
am forming" he said. embraces every
dollar Of my fortune. If I fail. the world
will know 1t by my published bankruptcy,
in which event shall be compelled to fall
back upon my pen, unaided with money, to
fight the battle to finish. ask no sym
pathy from any one It's my fight for the
public, against the system
II have covered all contingencies in re-
gard to Trinity stock. have disposed of my
holdings in the Santa Rita Company and
have SO fixed my three Mexican mining
properties that they can never be at
tackled"
II warn the street that If I get them
going my way they need look for no
mercy for will smash to the last possible
atom regardless of who is beneath. 1
promise in my present operation to either
vindicate my past advices or to give the
system such quick and merry battle that
they and the world will know they have
been to the wars.
Crash Predicted.
II repeat that know IL know anything
at all about the business, that the metal
Is going to have crash from legitimate
causes. said It weeks ago. I say It to-
day."
The rumor that Lawson has been trying
to make other loans, besides the $685., 600
recently raised on his Back Bay residence,
Is confirmed by himself, with the adnis-
sion that he has just clinched a mortgage
of $4,000 on some other property.
Lawson intimates that the stocks he will
particularly attack will be Amalgamated
American Smelling, North Butte, Reading
and Allouez. These are the stocks of which
his pool have been short and on which
they lost out to the Standard Oil crowd.
Yelled charges are published here today
that Lawson only got about 100000 of
the publics money into his first blind
poo" the money disappearing, of course,
in short operations, as Lawson alleges or
in other ways that he can best explain To
forestau any public clamor regarding this
money Lawson Is now advertising his
losses. so no one will ask for his money
back.