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
I had said it. Mr. Rogers' eyes snapped just once. Only on two other
occasions in all my long and intimate acquaintance with this wonderful
man have I seen him lose his self-control. To anger he will give way
frankly if the occasion justifies it or he desires to intimidate or
impress an individual; but his face, mobile though it is, presents a
calm and impassive mask. I caught the snap, and I think he caught me
catching it. It meant much to me--more even than if he had said in so
many words "I've got him." In such encounters one cannot see into one's
adversary's mind nor know what he is trying to do, and any indication is
like the sight of a buoy in a fog to a mariner. I gathered that the snap
indicated relief at my compliance, and that he had been afraid I might
balk. That showed me that consent on my part was important--which meant
that he saw no possible way of carrying the enterprise to the end we had
mapped out unless I stepped into the gap. Then I knew that he would have
to agree to my terms, provided they were not too harsh and that I did
not too vehemently insist upon them. It is a cardinal principle of
"Standard Oil" never to do anything they decide they won't do, and that
which they decide they won't do is what any man on earth says they must
do. You may lead "Standard Oil," but you cannot drive it. If at that
critical moment I had foreseen all that subsequently occurred, or
realized that this copper affair, which was to me a matter of life and
death, was to Henry H. Rogers only another device to extort dollars from
the public, I should then and there have thrown down the gauntlet and
demanded that "Standard Oil" step out into the open and assume all legal
responsibility, or have exposed the whole scheme. But my suspicions were
suspicions only, and I could not be sure that Mr. Rogers was doing other
than discretion warranted, when he desired to have things done in such a
way as to allow me to continue to conjure with the magic name "Standard
Oil." In other words, wasn't he doing exactly what I myself was engaged
upon? I was planning to have him consent to things he was otherwise
unwilling to allow, and he, in his turn, was scheming to have the bank
and his "Standard Oil" associates pass over things they would be sure to
question if presented less adroitly, or if they came from some other
quarter. Yet all I was trying to accomplish was honest and best for all.
Why might not his intentions be as fair as mine? However, the eye-snap
determined me to steer nearer the wind.
"Well and good, Mr. Rogers," I went on. "I will tell the story I know is
true and that you know is true, and that you have repeatedly given me
your word you would stand by me in telling, but I will only do so in a
way I deem safe and fair to myself. Is that agreed?"
He winced a bit. "What do you mean by that?" he said. "What do you mean
by a 'way safe and fair' to yourself? You are not suspicious of any of
us, are you?"
Public-domain text, read in full here on John Shaqi.
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