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
My profession is business. My writing is an incident. "Frenzied Finance"
was set down during the twenty-fifth and twenty-sixth hours of busy
days. I pass it up as the history of affairs of which I was a part. The
men who move within the book's pages are still on the turf. A period of
twelve years is covered. So far, eighteen instalments, in all some
400,000 words, have been published. The spigot is still running. I have
written from memory, necessarily. While it is true that fiction is
expressed in the same forms and phrases as truth, no man ever lived who
could shape 400,000 words into the kinds of pictures I have painted and
pass them off for aught but what they were. The character of my palette
made it mechanically impossible to shade or temper the pigments, for the
story was written in instalments, and circumstances were such that often
one month's issue was out to the public before the next instalment was
on paper. Considering all this, the consistency of the chronicle as it
stands is the best evidence of its truth. In submitting it to my readers
I desire to reiterate:
It _is_ truth--of the kind that carries its own bell and candle. Within
the narrative itself are the reagents required to test and prove its
genuineness. Were man endowed with the propensity of a Muenchhausen, the
cunning of a Machiavelli, the imagination of Scheherezade, the ability
of a Shakespeare, and the hellishness of his Satanic Majesty, he could
not play upon 400,000 words, or one-quarter that number, and make the
play peal truth for a single hour to the audience who will read this
book, or to one-thousandth part the audience that has already read it in
_Everybody's Magazine_.
Such as the story is, it is before you. If in its perusal you fathom my
intentions, my hopes, my desires, I shall have been repaid for the pain
its writing has brought me. At least you will find the history of a
colossal business affair involving millions of dollars and manned by the
financial leaders of the moment. It is a fair representation of
financial methods and commercial morals as they exist in America at the
beginning of the twentieth century. As a contemporary document the
narrative should have value; as history it is not, I believe, without
interest. As a message it has had its influence. Indeed, it is not an
exaggeration to say that no man in his own generation has seen such a
crop come forth from seed of his own sowing since the long bygone days
when the wandering king planted dragons' teeth on the Phoenician plain
and raised up an army of warriors.
Yours very truly
Thomas W. Lawson
FOREWORD
Public-domain text, read in full here on John Shaqi.
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