Arizona republican., 1905-01-09
PHoENIx. ARIz.. JANUARY g, 1905.
The Other Side of FreuEled Finance.

The other SlQe or TeIlZlCu is to be presented. A series of articles dealing not only with the subject which MT. Lawson has been discussing in Everybody's Magazine but with MT. Lawson himself, will be print ed in Public Opinion under the title of Truth About Frenzied Finance" Public Opinion offers the following reasons for the publication:
 If our financial system rests on so rotten foundation as MT Lawson describes, there is cause for the most profound uneasi- ness. w are a business people: the strong industrial and commercial spirit of this age has found in us a most complete embodiment. To take away, or to try to take away, our confidence in existing financial meth ods is a very serious matter, since the iconoclast may bring us face to face with the necessity of reorganizinS our finance at a cost of time, money, and that business momentum which is so important in the race for international supremacy MT. Lawson's story has been closely followed by the editorial staff of Public Opinion. The results of a careful study of the narrative are here given:
 ''1. MT Lawson is essentially and +emperamentalIy a writer of fiction. The pen of the romancer is strongly evident in his story. He loves dra- matic effects better than he loves truth-and he has no scruples in sac rificing both truth and dramatic effect when he sees anything to gain there by
 "2. There is in his charges a sub stratum of truth Our financial system is not perfect; nor can it be so long as men are not perfect. Interruptions if not illegal, financial movements have been, or perhaps are now, in progress Starting with this incontestable fact, MT. Lawson Is weaving web of plau- sible charges His story is cleverly written, but it is filled with many ridiculous. reckless and misleading statements.
 "3. There is very little doubt that MT. Lawson's "Frenzied Finance is a part of a far-reaching and comprehen- sive plan of stock manipulation, in which the public is expected to do as it is bidden by this financial Moses who is to lead the American people to the Promised Land.
 A. The exact truth in regard to our financial system ought to be told by someone who has no personal gains to seek, no vanity or revenge to satis- fy. Since this important subject is to be aired, the facts should be so stated as to deserve the confidence of the people.
 "These points suggest certain per sonal questions. Who is LawsonT What is his record7 What is the real motive behind his 'Frenzied Finance?
 Tn the interest of accuracy in the interest of fair play, above all in the interest of a public which has every right to know the truth, Pubic Opin- ion will begin In it's issue of January 1s the publication of series of twelve articles under the general title, "The Truth About Frenzied Finance The name of the author will appear at the head of the first article The articles will be written by a we'll known finan- ciaI writer who is thoroughly in touch with his subject. and who knows how to write with vigor and ability. Many facts. never before published, concern ing MT Lawson and his picturesque career will be printed. Before the se- ries of articles is finished, the Ameri- can public will be in a position to es- timate the real truth of 'Frenzied Fi- nance It will be a tale of black du- plicity. of clever stock-juggling- it will rattle the bones in many a financial skeleton"
 After this reply has been put in, af- ter this second disclosure has been made will the American public feel as- sured that it is yet in possession of all the facts? Will not it feel that there is a question of veracity in which Mir Lawson and the respondent are concerned?