Frenzied Finance, Vol. 1: The Crime of AmalgamatedLawson, Thomas William
History
Frenzied Finance, Vol. 1: The Crime of Amalgamated
Lawson, Thomas William
Amalgamated Copper Co.; Gas companies -- Massachusetts -- Boston; Insurance -- United States; Speculation; Standard Oil Company
"Say you'll come with us, and we'll fix up the Boston situation in some
way that will forever eliminate Addicks from our affairs--your and my
affairs. I would not insult you by asking you to sell Addicks out. It is
unnecessary. He has no real rights in Boston. You and I can figure out a
scheme that will take care of every other interest, and we'll give
Addicks a lot more money than he can secure in any other way and show
him the door. As for you and me, we'll make a lot of money and make it
fairly and above board. But I am not thinking so much of the immediate
situation as I am of the possibility of you joining us and working on
some of the deals we have on hand. I shall put you in a position to make
more money and secure more real power than you could possibly obtain in
a like time under any other conditions. You know corporations and the
stock-market, and you can readily see what the combination of our money
and prestige and your knowledge of the market and investors will mean."
Heaven knows I could see what it all meant. I had even at that time in a
chrysalis state those plans for destroying the "System" which now in a
rounded out and matured form I intend to be the superstructure of my
story of "Frenzied Finance." I had, a year before in Paris, outlined
those plans to some of the brightest financial minds of Europe, and
while they had marvelled at their radicalness, they had pronounced them
sound, and had offered to furnish the hundred million of dollars
required for their execution. Then I realized that to take this money
from bankers would hamper me in the execution of my plans, and I
postponed putting the project in force until I could furnish the
necessary money through my own connections. Again, I had big ideas as
to the copper situation--ideas that only awaited unlimited capital to be
brought before the people, and which, if carried out, would do for them
what had as yet never been done--give them tremendous profits upon their
savings. And here were the unlimited capital and unlimited business
prestige right at hand, but----
"Mr. Rogers," I said, "don't! Please don't! I appreciate your
proposition, and I thank you, but I can't accept. I agree with you about
Addicks, the position I am in, and the mistake or foolish recklessness I
was guilty of when I linked up with this Boston mess, but that doesn't
alter the case an iota. I am enlisted with this man. I knew what he was
when I consented to take charge of his affairs, and I should hate myself
if I sold him out, even though I knew he would without hesitation sell
me out. I must be true to myself."
Mr. Rogers remained silent. I went on:
Public-domain text, read in full here on John Shaqi.
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