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
Try to conjure before your mind's eye a picture of the anomalous character
these instances suggest. I'll warrant your mental image as little
resembles the original Addicks as Mr. Hyde did Dr. Jekyll in the story. He
does not look the part assigned him here, nor any other part for that
matter. I saw him coming toward me on State Street one summer day some
years ago, a tall, wiry man, in a white-flannel suit, perfect in fit and
spotless as snow, wearing a fine Panama hat. This was in the period before
Panamas were commonly worn. He was to the life the elegant and luxurious
Southern planter of ante-bellum days. Six months afterward in about the
same place I saw approaching me a splendid person in rich sable outer
garments who looked for all the world like an exiled Russian grand duke.
It was Addicks in winter. You will not surprise his secret from that
pleasant, rather ambiguous, but square-jawed face, nor from the mouth
hidden under a long, drooping, gray, military mustache. His is a
good-sized, well-shaped head, you might say, and the gray, shallow eyes
that look out at you are almost merry in their glances. But they are
inscrutable eyes which seem to have a challenge in their gaze, a sort of
"look-me-over-as-long-as-you-like-and-you'll-never-guess-what's-under-the-surface"
expression that is baffling and provocative. Yet this sybarite, this
daring coward, this stingy prodigal, this sincere hypocrite, this
extraordinary blending of contradictory qualities, is the man who from
1887 to 1892 made Boston look like the proverbial country gawk at
circus-time.
Power the man certainly has, and of a distinct quality, yet his
intimates cannot explain the reason of their obedience to him. After a
brief acquaintance he is revealed as the very soul of insincerity--he
"works" his friends, he pays toll to his enemies, he frankly shows
himself without the sense of moral obligation. I believe his talent
resides in his capacity to select the proper type of man to "make rich"
in the illicit schemes his abnormal mind conceives. These coworkers of
his are of different grades; some have a super-abundance of cash; others
a desire to get it--in common are their lack of principle and dearth of
brains. Addicks cannot do business long with men of real ability, nor
does he understand them, whereas he can read the minds of his ordained
victims as if they were an open book. The big men who have encountered
or been associated with Addicks are prone to characterize him as a
mountebank, a joker, or a chump.
CHAPTER X
ADDICKS COMES TO BOSTON
J. Edward O'Sullivan Addicks was born in Philadelphia in 1841, and was
in the eighties plodding along the ordinary, uneventful path of a seller
of flour to the people of that city which since the death of William
Penn holds the record for the highest and densest percentage of sleep
per capita of any English-speaking community.
Public-domain text, read in full here on John Shaqi.
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