The Spanish Fork press. [volume] (Spanish Fork, Utah) 1902-current, 1907-09-19

inside VIII understand how can -un
cede that selfish reason mo.ed me
to draw my sword and still can claim
a higher motive In such straits as
were mine. some men OF ny a;;-"r
none temperament deUauch them.
selves; others thresh about blindly,
reckless whether they strike innocent
or guilty did neither
Probably many will recall that Ions
before the securities of the reorgan.
lied coal combine were issued. had
In my daily letter to investors been
preparing the public to give them
hitting reception A few days after
my whole being burst into flames OF
resentment against Anita. out came
the new array OF new stocks and
bonds. Roebuck and Langdon ar.
ranged with the underwriters for a
lake four times oversubscription,
lndorsed by the two greatest banking
houses In the Street. Despite this
oftentried and always-good trick, the
pubic refused to buy. felt had not
oeen overestimating my power But
made no move until the securities"
began to so up, and the financial re-
porters-under the influence where
not actually in the pay of the Roe
puck-Langdon clique-shouted that,
IN spite of the malicious attacks
from the gambling element the rev
securities are being absorbed by the
pubic at prices approximating their
Vaiue. Then But | shall quote my
investors letter the following morn
ing:
AL haif-past nine yesterday-nine-
tWenty-eight. to be exact-President
Melville, of the National Industrial
bank, loaned six hundred thousand
doilars. He loaned It to Bill Van
nest an ex-gambler and proprietor of
poor rooms, now silent partner in Hoe
Wittekind, brokers, on the New
YORK stock Exchange, and also in Fill
pert d. Jonas. curb brokers. He loaned
IL TO Van Nest without security.
van Nest used the money yester.
DAY TO push up the price of the new
coal securities by wash sales'-whicb
means, by making false purchases and
sales OF the stock in order to give the
pubic the impression of eager buying
van Nest sold to himself and bought
from himself 947o60 of the 1852 6S1
shares traded in.
Melville, in addition to being pres
ident of one of the largest banks in
the world. is a director in no less
than seventy-three great Industrial en-
terprlses, including railways, telegraph
companies, savings banks and life in
surance companies. Bill Van Nest has
done time in the Nevada State Peni.
tentiary for horse-stealing."
That was ALL And it was enough
quite enough l was a national figure.
as much so as il had tried to assas.
slnate the president. Indeed. had
exploded bomb under greater than
the president-under the chiefs of the
real government of the United States.
the government that levied daily upon
every citizen, and that had state and
national and the principal municipal
governments in its strong box.
| confess | was as much astounded
at the effect of my bomb as old Mel
vile must have been. felt that |
had been obscure, as | looked at the
newspapers, with Matthew Blackjack
appropriating almost the entire front
page OF each. | was the isolated, the
conspicuous figure, standing alone
upon the steps of the temple of Mann
MI ind IniI
voutly comes to offer worship.
Not that the newspapers praised
me. recall none that spoke well of
me. The nearest approach to praise
was the Blackjack squeals on the
Wall Street gang" in one of the SEN
the plutocracy by lying about it.
Some of the papers insinuated that
| had gone mad; others that | had
been bought up by rival gang to the
Roebuck-Langdon clique; still others
thought / was simply hunting noto-
riety. All were inclined to accept as
sufficient denial of my charges
Melville's dignified refusal Ito notice
any attack from a quarter so dis.
credited"
AS my electric whirled Into Wall
Street, / saw the crowd in front of
the Textile building, dozen police
men keeping it in order. descended
amid cheers, and entered my offices
through mob struggling to shake
hands with me-and. in my ignorance
of mob mind, | was delighted and
inspired! Just why a man who knows
men, knows how wishy-wishy they are
as individuals, should be influenced
by a demonstration from a mass OF
them, is hard to understand. But the
fact is indisputable. They fooled me
then; they could fool me again, in
spite of all have been through.
There probably wasn't one in that
mob for whose opinion l would have