The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1906-12-15
RIpeEwAY's GREAT SYNDICATE

10 little concern vas felt this week over rumors about town. hat Goidheia
vast TO be invaded by a horde of special newspaper writers from M asst sent
here to "Trip up Goldfed and expose" the mining stock "inoi a inc
instance of wall street Especial alarm was felt yer the appearance of a rep
resentatve of ''Ridgeway's' magazine, who admitted nat ms MISSION was nv na
a friendly one and that he wa here,n not to find the good in Goldheid mines INC
stocks, but to unearh anything harmful that he might b BILE to md Tor 'e
use of the great syndicate. o. iase~ss . WeeAs pSpon' .aaSna. .a. ~
mnsioned him n his work. 1t al reasoned by many Of or people ina. IN d
wbereth there were scores of promotion houses that naturally something might be
found Ito crticia, and that it would be used to the dScredit of thu entire camp
and business community, ant result in great harm.
1t would 10 be amissa at this time, while we await with beathless anxiety
the bnw tina is to all and crush tut or mines an stock business to enquire
into this great syndicate known as Ridgeways, and discover thu influence
that is behind its crusade and the probable effect OF fits campaign.
Ridgeway,s is a publication owned by he proprietors of 'Eveybodys
MAGAZINE y, he Thayer Ridgeway company, and its chief stakeholder is under
stood tt be none other than Tom Lawson, # copper fame Some IS months ago.
''Everybodys' vas an unknown magazine. Tom Lawson bought into it tic use
the magazine for a series If articles against Henry Rogers and otherso f the
Standard Oil crowd, who w@sted him lin his fight to control malgamatea copper
Lawson produced a mos remarkable series OF aruces'a M eryo0as d
once jumped inosm enormou circulation, and made money right and left. Law
SOL has sine rn cut of dope and the business of the magazine is beginning
decline in consequence, it is said.
Now we begin to see the hand IF the crafty promoter. Just before the ter
minaion of Lawson's series of articles, "Everybodys' began printing full
page aaVsrnssmenu. n @n. .s wv aanor4putty 30 sb~s with tbs owner in
the immense profits Of Everybodys The sale of bonds seemed to lag. Something
aomnanu rm ;. begin the nubrcaiono # a chaino Of weekly papersw which would
be immensely profitable. Details of this new scheme were printed and the
weekly PAPER proposition vas elaborated upon as ne If the best money makers
ever concocted. It was proposed to print a weekly paper in ten different cities
of the country, all edited from The main Office. with local editors in III various
cities AS III scheme vas elaborated, there vas not a practical newspaper man
in the country that did not know that it was impossible and would be a dead
failure; but it sounded good to ii general public. It vas made very aIming
and after he first ad, wherein tnw weekly papers were promised, there came an
other. The scheme Was such a good m TIL tn number OF eekhe would De
The fateful hsto of October came, when the greatest literary and financial
enterprise of the country IA launched And launched it was On hat day
about a dozen papers appeared in as many different cities. By the first of No
had still further dwindled to four, New York, Chicago, Denver and San Fran
cisco. By the first OF December, the Chicago phenomenon had died, n before
tmsp paper reaches its subscribers te terrible mortality IN tn Kiageway family
may have still been added to-
the meantime ant Lawsonh had turned the trick.
And this was the great militant weekly that was to blow III mining
stock business INTO eternity, because it was a fraud upon he people,, Law
SOL undoubtedly conceived this attack as he perceived the money of the country
coming to Nevada instead of into his bond crib.
This whole campaign against Nevada stocks is just as hollow and super
fidal 1t is actuated by greed and malice. and the country las become con-
WINGED, before the campaign is fairly Il, that it is because it hurts Wall street
IND TIL Quotations of eastern fnanciers, and not because Of any inherent weakness
n the proposition, that the u If Wall streetar ire turned upon Nevada stocks