Frenzied Finance, Vol. 1: The Crime of Amalgamated — John Shaqi
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
In the beginning it will be necessary, for that clear understanding of
the whole subject which is one of my principal objects, to treat at
sufficient length the Bay State Gas intricacies and trickeries, in which
in a certain sense Amalgamated had its being. This will compel me to
devote a chapter to one of the most picturesquely notorious characters
of the age, John Edward O'Sullivan Addicks, of Delaware, Everywhere, and
Nowhere.
The main part of my narrative must of necessity deal with the two real
heads of Standard Oil and Amalgamated, Mr. Henry H. Rogers and Mr.
William Rockefeller; and with the biggest financial institution of
America, if not of the world, the National City Bank of New York, and
its head and dominating spirit, Mr. James Stillman.
An important chapter should be that devoted to the conception and
formation of the United Metals Selling Company, which was specially
organized to control the copper industry of the world without coming
within the restrictions of the laws for the prevention or regulation of
monopolies.
I shall also deal at length with a notorious character, who, like the
spot upon the sun, looms up in all American copper affairs whenever they
appear in the full vision of the public eye--Mr. F. Augustus Heinze, of
Montana.
There will be a chapter of more or less length devoted to one of the
most important episodes in Amalgamated affairs, wherein I shall describe
one of Wall Street's most picturesque, able, and intensely interesting
men, Mr. James R. Keene.
I shall touch on a bit of the nation's history in which within a few
days of the national election of 1896 a hurry-up call for additional
funds to the extent of $5,000,000 was so promptly met as to overturn the
people in five States and thereby preserve the destinies of the
Republican party, of which I am and have always been a member.
I shall draw a picture of two dress-suit cases of money being slipped
across the table at the foot of a judge's bench in the court-room, from
its custodian to its new owners, upon the rendering of a court decision;
and I shall show how the new owners frustrated a plot having for its
object their waylaying and the recovery of the bags of money.
Public-domain text, read in full here on John Shaqi.
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