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
"The trap is perfect, and I'm in it. They've caught me with every bar
down. Before, when they attempted to get a receivership, things were
ready for them--books and papers packed for Europe and cash in charge of
an unserved officer prepared at the first word to start for Canada. But
now, a few days before election, when if I don't throw a lot of money
into Delaware for my followers, they'll turn on me like wolves--they've
caught me napping. It's a plot, sure--a receiver in possession,
particularly Braman, and appointed in a way that shows deliberate
calculation, proves it was done by some one who knows our situation to a
'T.' It means ruin for me and the company. You know I won't have a
friend left on earth, and enemies now will rise up like snakes before a
prairie fire."
It was indeed a stiff, tough turn, yet I was watching the man rather out
of curiosity to note how he could take a reverse than out of sympathy. I
don't believe there was another man on earth who, similarly placed,
would not have aroused my pity; but Addicks--no man or woman has pity
for Addicks.
"Well," I repeated, "what are we going to do?"
He did not reply for a moment. I continued to look at him. The eyes
haunted me. I noted that the lines round the lids had deepened into
furrows. He half raised himself from the lounge.
"I've said they would never get me, and they won't." Instinctively his
hand sought the pocket into which he had dropped what he had taken from
the dresser's drawer. Then I knew. The yellow streak showed plain at
last. I had guessed from the start it was there.
The stock manipulator in common with the successful general must have
the capacity to deal with the unexpected. The faculty to see a situation
whole must be his, to focus instantly the lay of the land, the enemy's
plans and strength, his own resources, the strategic possibilities of
his position; and instantly, if necessity demands it, he must be ready
with a new plan of campaign fitted to the first emergency. The more
rapidly his mind works the safer are the interests he is guarding. But
if he has not this capacity, he can never be a market manipulator.
Public-domain text, read in full here on John Shaqi.
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