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
The task of diagramming a territory for invasion is one after Henry H.
Rogers' own heart. His campaigns are planned with Napoleonic power and
foresight. When the capture of Brooklyn was decided on, the several
corporations to be subdued were "sized up" as to their revenues and
liabilities; the resources of their stockholders were studied out, and a
plan of action organized to separate each one from his shares at
"hard-pan" prices. In the "Standard Oil" armory there are many
instruments of "persuasion," and he is indeed a hardy fellow who can
resist the various "trying-out" processes to which mutineers are
subjected. This obstinate capitalist will be summarily knocked on the
head; that other inveigled into a dark corner by a strong-arm man;
another group owe money to one of the "System's" banks and a brief spell
on the financial rack will weaken their grip. Sooner or later all
succumb. While such details as these were being attended to, lines were
being strung here and there to bring about the passage by the city of
Brooklyn and the Legislature of New York State of ordinances and laws
which should allow this and compel that to be done, and so rivet the
various links of the great venture.
While in the midst of this campaign, to which Henry H. Rogers' genius,
matured in many a hard-fought business battle, foresaw an early and easy
triumphal termination, there came athwart his victorious path a
financial guerilla, "balloony," mysterious, yet as sticky as a
jelly-fish, who was destined to exert a most maleficent influence on his
after-life. Fate hangs no red lights at the cross-roads of a man's
career. No "pricking of his thumbs," no strange portents warned the
Master of "Standard Oil" that the impudent Philadelphia swashbuckler who
dared interfere with the execution of his plan to fetter the "System's"
yoke to the necks of the citizens of Brooklyn was the factor that
destiny had chosen to shape the ends that he had rough-hewn.
The financial guerilla was J. Edward O'Sullivan Addicks, votary of
rotten finance, perpetual candidate for the United States Senate,
wholesale debaucher of American citizenship and all-round corrupter of
men--J. Edward O'Sullivan Addicks, a corporation political trickster,
who has done more to hold up American laws, American elective
franchises, and American corporations to the scorn of the civilized
world than any other man of this or any previous age.
FOOTNOTES:
Public-domain text, read in full here on John Shaqi.
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