Omaha daily bee., 1905-12-17
SYSTEM IS SQUEEZING LAWSON
Copper PIunRer's Bear Pool Now
$3.OOO,OOO short and More
Danger il in sight.

Thomas W. Lawson announced in Bos-
ton Thursday night that his SO 00O, 0NO bear
pool in Amalgamated Copper had been hard
hit because of the stocks rise above par.
He admits it is personal loss of 5000 O0o.
and says his entire personal fortune is now
involved in the operation.
Mr.. lawson lays the blame for the slump
OF his pool upon the system" but an
nounces his intention TO fight it to a finish.
Stories that Lawson was in dire financial
straits and on the edge of bankruptcy
were current. but the best informed finan-
ciers place no credence in them.
A statement that two mortgages, total
ing S265, 900 had been placed on Lawsons
palatial residence on Beacon street gave
color TO the stories of his financial dis
tress.
As matter of fact. the residence has
been i'm Mrs. Lawson's name for some time
and the mortgages, for a much smaller
sum, were put on IL more than n year ago.
Lawson's magnificent country estate at
Dreamwold is not encountered as yet.
Lawson in October advised the public in
full-paGe advertisements to sell copper
short and several weeks ago Mr.. Lawson
announced the formation of 100000
bear pool to speculate in copper stocks.
re mas sent OUT HOllCeS 10 MS poor SUD-
scribers showing a loss of SO per cent
81 200 900 in the metal and S. 400, 900 in stocks
since the last accounting. He advises
his followers that they may withdraw the
balance of their subscriptions.
They are also allowed to share in a new
100000 subscription to carry the pool on.
Mr.. Lawson announces at the same time
that his only outstanding unfulfilled direct
prediction is on Trinity. I advise all 20
hold on TO Trinity" In a statement Mr..
Lawson SAYS:
My portion OF the 100000 remaining of
my first pool OF SlO.OOO. coo. and Of the 5000
600 addition. sll,6o0,OOO in all, embraces every
dollar of my fortune.
III my operation is unsuccessful | shall
lose all Of it. which will mean will have
lost Sl50O0,OOO belonging 10 myself and those
who had faith enough in me TO join me.
II will mean that l will have sacrificed
every dollar and everything Of worth be-
longing to me upon which / could raise a
dollar
Therefore, this is the opportunity for
Wall street and the system once and for
all TO do me up and get me on their trail.
The system, in the face OF my exposure
Of its frauds, has used its countless mill
lions to put up the price OF stocks, so that
at any cost l may be discredited
If my operations are successful | ex-
pect to secure profits of 100 to 200 per cent
My profits l will devote TO the further ex-
posture of the system
III l fail the world will know it by my
public bankruptcy II So will continue
the fight with my pen. II go under no
one need have any sympathy for me-
| don't expect or deserve any.
ION the other hand. | warn the street
that II | get them going they need ex-
| pect no mercy. l have disposed of or ar
ranged my other properties Of a stock ma
| ture so that they will not be involved.
| Il promise either TO vindcate my past
! advices or to give the system such a
| quick and merry battle that they and all
the world will know they've been in a
| hght"-St. Louis Republic