Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1905-01-23
MONDAY. JANUARY 20. 1905.
MORE oFagnzlgp FINANCE"

MORE "FHENZIEp FlNHNCc.
The Optic has received a telegram
from Thos. W. Lawson OF Boston In
which he asserts that the blows he
has dealt at the trust system" have
cost him 10000 or $4,000. and hel
asks Ms 70 supplement his efforts. BY
a little, In the attempt To complete
the demolition OF the mythical mon
ster. II IL not, however, with the Idea
OF acting as a c%oadjutor OF the re-
dOubtablc Boston knight, that we de-
vote considerable space to his utter
ances and those OF his leading oppo-
ncnt in the public eye. Denis Don
ahoc Of the New York Commercial,
hut simply with a View 10 giving pub.
Ilcity TO what Is OF considerable inter.
est.
In the February number Of Every.
body's Magazine Lawson tells How
l Did IT. Publicity. he declares. de-.
fcated the plans Of the system" to
unload Its securities on the people at
inflated prices. The market, he says.
had been rugged for a great killing,
when there appeared the Lawson ad-
yartising advising the public that the
system was nearly ready to dcpress
prices and rake In millions Of the say.
ings of small fry.
or the yotaries OF the system an
Lawson characterizes the heads OF
Standard OH. the great banks. trust
companies and insurance corpora.
tions. he says, with promise Of fur
Their action on his part:
have stripped the veil from these
h%ypocritca and exposed To all the
world their sonlless rapacity, have
let the light of heaven Into the dim
recesses Of Wall street, In which these
buccaneers OF commerce concocted
their plots. have done more than
this: ] have nipped In the bud the
newest conspiracy for the ~entangie.
ment of the public the great "hull'
market which was organized late In
the last year by the chief yotarics
OF the System" 10 harvest n new
crop Of profits on the securities they
had latin In during their last raid.
In other words. | have treated Wall
street 10 a dose OF it's own medicine.
During last month tho newspapers
devoted considerable space to the do
ings OF the stock market in connection
with this episode. | use The word
episode" purpoacly. for ! warn my
readers that II was but one OF a series
OF disturbances which must occur he,
fore the grasp Of the pirates on the
great financial interests OF this coun.
try can be shaken off. David slew
Goliath with one pebble from his sling
but the giant "syatem.. i~ntrenchei
In the ssoutest citadel ever con
s%tructed, and armored In gold and
riyen steel. VIII yield TO no mere call
for surrender, NY own part I have
cheerfnlly taken with nc aelusions ~
70 the difficulties Of the contest He
who interferes between the laml, and
the wolf In likely to provoke tbs
wrath OF the wolf. and have dona
worse. for have | not come between
the lions OF finance and their willing
prey9
All this Is pa~renthetlcal % the con,
ciusion Of the first section Of rfren-
xied Finance" one month 4 and the
beginning of the second part, which II
"a tell tho detailed story ~ amalga.
mated copper. As a preface TO the
second section Lawson deals with the
financial structure Of the country n
genera, terms. makes allegations re-
garalng the systematic batting of ths
public through financial news agen
cies. and says;
II Il only a matter Of simple mathe
matics TO ascertain the day. and tina
only a few years away, when ten mef
will be as absolutely and cumpleiel,
the legal owners Of the entire United
states and all there Is OF value In II
~s John n Rockefeller is the absolute
iewal owner Of the large section @
II ~ which he Is today possessed
when that day a here, the people
vnl legally be the slaves Of these ter
nssn.
Denis Donahoe Joins the Issue VIII
fawaga 10 Public opinion today, be
w~e1ey = vrfles NJ articles Ia answer