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
Surely an adder crawled from that tiny golden cylinder and upon the
smooth white paper distilled its subtle venom. I, poor fool, exulting in
the splendid throes of accomplishment, never dreamed that the real
christening of my bantling was the toast the Master of Hell drank as the
name "Amalgamated" was slowly traced upon the pad before my eyes; never
dreamed that this cherished offspring on whose rearing I had lavished
all I possessed of dollars, of ideals, of generous hopes and high
expectations--whose growth I had literally watered with my sweat--was an
imp of darkness. My fool's paradise I had planted with all manner of
fair flowers and lordly trees, and in my folly believed that those who
had been my friends were forever after assured of pleasant places,
lovely perfumes, and grateful shade; but like the Grecian in the ancient
fable, I found I had sown dragon's teeth, and the crop I reaped was of
hatred and envy, passion and revenge.
CHAPTER XXI
FIXING THE RESPONSIBILITY
On the day before Amalgamated's incorporation, Mr. Rogers and I
conferred long and earnestly upon the plan of campaign for the company's
organization. It was very necessary to avoid all errors, and to have
everything cut and dried in advance. We were obliged to railroad things
through, once started, a hitch or a side-track might be fatal, and I
desired to have Mr. Rogers pass upon the programme I had drawn up.
Therein was set down the work of each captain, lieutenant, and
water-carrier who was to take part, and we discussed every detail to a
finish. When he had approved everything up to the point where formation
ended and the flotation began, I said:
"Now comes the most important part of all--the offer to the public; for
a slip-up, the misuse of a single phrase, or even of a word, at this
point might destroy our whole structure."
"Quite true, Lawson," he answered, "but I have no fear of you there. Let
me have your idea."
"First," I replied, "there should be an advertisement of the National
City Bank, and one of the Amalgamated Company, and in this advertisement
the story of the good things we have collected must be told in strong
terms."
I am now about to explain exactly of what the First Crime of Amalgamated
consisted, and it behooves my readers to weigh carefully the details,
for I make the claim here that without further proof they will be able
to realize not only my own position and purpose at this, the crucial,
stage of the Amalgamated enterprise, but to grasp the cold-blooded
villany of the men I am exposing.
Public-domain text, read in full here on John Shaqi.
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