The citizen-Republican. (Scotland, Bon Homme County, S.D.) 1???-19??, 1905-05-25
LAWSON BREAKS OUT
IN renewed FRENZY
He Tells OF Perfdy Of tie
Standard Oil Magnates in
AmaIgamated Bubble.
MAS STEAL
He Claims He Was Entrapped by
Them, Then Erow-Eeaten and
Cajoled Into Joining Their
Piraticai Plans.

New York, May 23.-Thomas w
Lawson has broken forth in a greater
frenzy than ever before. In a maya
zine article published today he
launches into his promised exposure OF
"Amalgamated," the great copper deal
which set the financial world crazy
five years ago and by which, Lawson
says, the Standard Oil virtually robbed
thousands of Q investors of many
millions and then crueliv let the bubble
burst, leaving the feeced victims to
hold the sack.
Mr.. Lawson's article is a very long
one. He tells how the company was
organized. He conceived the plan as
a legitimate investment and then sub
mitted it to MIR. Rogers, Rockefeller's
right hand man, whose assistance he
needed TO finance the project.
Made Rogers His Fortune.
However one looked at the situa-
tion,' says Mr.. Lawson, lit was evil
dent that Henry H. Rogers and Wilt
am Rockefeller were playing for the
stake of their lives, though how great
the stake was no one at that time
guessed. Since then they have stead
ly forged ahead, both in riches and in
influence, until today hey have actu-
''' 80 ooiiii ~. l.
the klngship of finance. Then, though
his had always been the master mind
of Standard OIL l don't believe Mr..
Rogers was worth, all told, over s12,-
100000 or $4,000, 900, while today he is
probably a hundred and fifty times a
millionaire.
so far as man could do I had safe
guarded he public and my own repu-
tation, aid believed that the assur-
anceS l>had secured eliminated all op-
portunities of Fleeing investors. We
had formally agreed, and Mr.. Rogers
and Mr.. Rockefeller had each pledged
me his solemn word, under no circum-
stances to sell to subscribers over S.
100000 of the stock, and to place at
my disposal the $4,000, 900 cash re-
ceiVed, to use in the open market for
the purpose of protecting the stocks
so that 1t should never decline below
par
Frenzied Finance Indeed.
The enterprise was assuming unheard
of proportions. Instead of millions, the
subscriptions were running up into the
tens and hundreds of millions. Where
upon Rogers remarked to Lawson:
Lawson he said, this is some
thing unheard Of, unprecedented. The
bank is being buried under subscrip-
tons. Stillman says he is adding scores
OF clerks, but that he cannot possibly
keep pace with the subscriptions. MI.
Rockefeller is very nervous and 7
must confess to feeling a bit of rattle
myself. 1t now looks as though the to-
TAI would run into fabulous figures. The
LeWisohns are being swamped with or
GERS from Europe. They alone will
PROBABLY put in more than ten millions.
Wall street has lost its head entirely,
our people at 26 Broadway are COM
ing IN asking advice and doubling and
trebling their subscriptions. If we don't
keep our heads something bad may
happen, for it looks now as though the
cash the subscription is tying up would
make a moEey-pinch. This affair must
not be allowed to run away with us,
What do your reports from Boston and
the country shown"
Makes Lawson Furious.
But there came a day of reckoning.
when Lawson discovered thai he had
been used as a cats paw and that
Rogers Rockefeller and Stillman had
proceeded to eliminate him from con-
slderation as an active factor, had de-
clded TO appropriate more of the spoils
to their use thar the original under-
standing had provided. Lawson was
furious. He drove to Rogers office,
burst into the room without asking per-
mission of the attendants and an
his presence in raging tones.
Mr.. Rogers looks up:
What does this mean, Lawson?"
NO one ever enters Mr.. Rogers room
without his permission.
IT means that l haVe just learned
you and Stillman have decided to break
your solemn promise to me-"
tried to control myself, but the seethe
of rage almost choked me. 1T means
you have decided to take more of that
subscription money thar the five mil
hell"
MI. Rogers stood up, his jaws set as
IN their last hold. and. recognizing the
crisis, he met me, not with the fierce
anger | half expected and hoped he
would show. but with quiet earnest
ness.
Stop Just there, Lawson-remem-
Der you are in my office. Who gave
you this tale?"
Never mind. Is it true? Are you
going to break your promise to me-?
Do you intend to allot the public more
five millions? %
Takes Buli by Horns.
He hesitated only a second. Just al
second, but it seemed longer than eter-
rSty; then slowly and calmly: yes
1t has been decided that considering
the tremendous urnber and amounts
Of the subscription it viii be best to
give them more"
How much more?" shouted for 7
w lily SS1l.E |
Ten millions in ALL" he slowly an
swered.
Who has %decided?'
Everyone, Mr.. Rockefeller, Stillman.
all of u.s.
All of US? Have / been consulted9
Have I decided? Eave / consented to
the breaking Of o II word, Mr.. Rookie
fe!ler's word? What have Stillman
and the rest to say about this What
they to do with the promises
have made the people? have been
trapped just as all the others YOU and
| have dealt with have beer trapned
I see 1t all now. Trapped, trapped I'm.
til it is now too late for me even 10
save my reputation. To thin,sI shonld
nave been fool enough to allow NV
self to be made a stool pigeon for
Standard Oil and all because / took
word
Lawson Entreats Him.
My rage was exhausted, and then
heartbroken, / turned and pleaded
pleaded for fair treatment. for
honest deal for my friends
and associatesrpleaded for nv
good name in his keeping-pleaded
as l never before pleaded TO any man.
had lost control of myself-begged 40