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
Then the people rose in their irresistible might, and between the rising
of one day's sun and its setting this powerful machine went as goes the
gum-drop on the red-hot stove cover at a pop-corn soiree. It melted,
leaving nothing but a faint odor and a thin stain, both of which
disappeared in the next morning's scrubbing, and the Louisiana Lottery
was as though it had never been. Yet during its reign its insolent
votaries could prove to the absolute satisfaction of all intelligent,
patriotic men that it was useless for any man or set of men to attempt
the lottery's destruction, because they would be met with the
accumulated resistance of the reckless spending of the vast amounts of
festered dollars which had been stolen from the people. The argument of
these comparatively petty thieves was: "No men nor sets of men can hope
to 'stack up' against us, for their money comes hard, cents and dollars
at a time; they are obliged to earn it, while we get ours in chunks by
simply taking it. We can buy lawyers and can hire law-makers, and we can
lease Government officials, and we can outbid any honest men, who are
the only ones who object to our game. In the market for legislative or
business talent you cannot get within touching distance of us." Yet the
people had but to sneeze and this foul parasite was detached from their
free and honest structure and was wafted away with the dead leaves and
the dust to bottomless nowhere.
In the height of its prosperity the Louisiana Lottery took from the
people only a paltry ten or twenty million dollars a year, while to-day
there are single groups of banks, trust companies, corporations, and
trusts which take from the people by might, by trick, and by theft
hundreds of millions each year; and there are scores of such groups. The
Sugar trust has been the instrument of gathering, in one year, a hundred
millions of the people's savings, and the Steel trust alone has robbed
the people of over five hundred millions of dollars in a single twelve
months.
Public-domain text, read in full here on John Shaqi.
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