The Emmett index. [volume] (Emmett, Idaho) 1893-1925, 1908-02-06
TOM LAWSON HAS GONE BACK.

There was time when VIVA
Thomas Lawson said was of tire
mendous interest to the American
public. He has a faculty of ex-
preston that makes his writings at
tractive. His story of ''Frenzied
Finance" was probably the best ex-
pose of the Wal! street methods and
especially of the methods of lot
of hnanciers of the Rockefeller and
Rogers order, that had ever been
written. The story was marred
somewhat by the tremendous ego.
tsm of the writer, but still it was
good story and stirred up the pub
lie as few stories have done 1t
was the means also Of running the
circulation of "Everybody's Maya
zine" up from a comparatively
insignificant number until it was
the best selling magazine in the
United States.
But for year or two Lawson has
tended to add to the WEAKNESS of
the public. When he started his
story he promised that at the end
he was going to promulgate a
remedy that would wipe out all OF |
the iniquity the American reople |
had suffered from and bring to
them a prosperity and happiness
such as they bad never known.
The public waited patiently for
several months for Thomas to come
TO the front with his remedy.
Finally he published his remedy
it was for people to sell their stocks
10 the Wall street outfit unload
them onto the Standard Oil crowd
and then refuse to buy more. May
be that advice amounted to some
thing in the East, but il amounted ,
to nothing in the West for the rea- {
son that there wasn't one western
man in a hundred who had any of
these stocks or who expected to J
have. Thomas now complains be- |
cause the people didn't rise up and
whoop in unison when he proposed |
his remedy He says that they just
grinned. Well, why shouldn't
they grin? After telling them for ?
year that he would let them know c
just how all the financial wrongs o
that have afflicted the country f
could be righted then to give them v
such advice as he gave themit is t
no wonder they just grinned. And il
now Thomas says that he is going o
blck to Wall street to gamble in il
stocks again and that the people a
can go to 49,. is
In the last number of Everybody's
Thomas delivers himself of several
pages OF alleged reasons for quit
ting his self imposed task of guard
ing the interest of the people In
this article he pours ont several
,ia,s of wrath on the people. call
ng them such pet names as 'saf-
IRON blooded apes "gelatine-
;piued shrimps''; idiots" and
'shivering Gobbos. " He says that
lie has lost great part of his for
une in making the fight he has
made and now he proposes to go
,ack and let the people get along
IS best they can.
There was time when there were
great many thousands of people
II this country who pinned their
aith to Lawson. When the ques-
ion of electing a new board of di.
ecto-s for the New York Life was
p they sent their proxies to Law
on. When Lawson sent out word
Or them to sell stock a lot of them
Did. When he said for them to
ny they Immediately dug up their
ard earned cash and invested ac-
ording TO his advice. In every
ise they lost
And now he has the nerve to say
lat he knew they would lose
hen they took his advise. He III,
lys that the System, as he calls on
lie Wall street operators, the Stand sc
ID Oil crowd and others, was re- &C
,onsible. When he told the peo- go
lie to buy advising them that the sh,
ock was going up he knew, he eve
Iys, that the System" would put of
lie price down and when he told the
lie people to sell, because the price mi
certain kind of stock was go cat
* down he knew that the "Sys- ter
m would Immediately boost the litt
rice of that stock. In other words ter
to his own story he adj the
sed the people 10 take course par
at he knew would lose them dey
oney. He says that his object dro
as to make the System suffer. the
This will be mighty poor COM slis
IT to the people who lost their bag
ouev by following his advice. are
one sentence he raves about spr
e way in which the members of the
e ''System" have made hundreds spa
millions and another paragraph and
lis how he has made the 'Sys- Thi
II" suffer. His whole article sug
hich appears in the February up
lmber Of Everybody is about the Ga