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
As I listened to the pleadings of these men there flashed into my mind a
conviction of the malignant humor of my situation. Here was I, father of
a plan in the successful execution of which I had figured myself out as
a benefactor to all concerned, turning the torture screws of "Standard
Oil's" new dollar rack--fashioned from my structure--and I was powerless
to stop or rescue the screaming victim. "But why," ask my readers, "did
you not denounce the men and renounce the work, instead of profiting by
it, as you undoubtedly did?" You have never--you who ask that
question--sat in at the great game of millions; you know nothing of the
excitement of the dollar chase, of the terrible joy of hearing, "A
million while you wait." I am not, in telling this story, setting myself
up as an angel, nor posing as better than others. My experience of
business has demonstrated to me long before this that rapacity rules in
the modern dollar game, and that in wholesale dollar making many of the
laws of men and more of the laws of God are inevitably violated. But he
who cannot or will not play according to the rules of those who are
making the game is disqualified. He should go elsewhere. Hitherto in my
life I had followed the code of a smaller game, in which we seldom
pressed an advantage to the limit or cut our pound of flesh from out a
vital part. Now I had voluntarily associated myself with other men in a
venture I believed was big, fair, and square, and I was learning that
the rule of their game was thumbs down--give nothing--take everything. I
might have retired, but I was already deep in, with resources pledged to
the limit; and what would my reluctance to press our advantage with
Clark, Ward & Co. be considered but fool sentimentality? If I insisted
on my view, what would happen? The people who had followed me so
far--and their number was thousands and their quality, measured by any
heart and soul standard, more human than any of those whom Rogers was
thumb-screwing--as well as I myself, would be surely ruined. If I went
on, at least I could care for those I had brought along with me. I
looked at the complication fairly and squarely, weighed my duty with
such powers of judgment as I possessed, and decided, wisely or
unwisely, that it was best to go on. Wisely or unwisely I made up my
mind to accept the responsibility of acting as fireman to the
engine--and to bide my time. That time, thank God, is here now.
I reported to Mr. Rogers. His fox-trap jaws, with their bone-and
heart-and soul-crushing teeth, came together with a snap, and when they
relaxed his lips parted into one of his marrow-chilling smiles.
Public-domain text, read in full here on John Shaqi.
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