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LORE.it tf»#*6 of theit for the I applied t auction 6 East Seise, in ire these s all the Irm oar-for the In the mte are jw that i deliv-ae poor •glected riler tomacks*Jttpan-Dn has % and »al W-e true a into curio-ir gal-ronse, of hie on % trem. •obber •e are burn-70, of lapee,■ manurecosn-metalocksneseLAWSON TO THE iConsiders Values Alone—Amalgamated Fight for the Pub«ic.HE'S LOSING MILLIONS BY IT(OldCouft, invMtfgatlon of Hit MothoSo —Wouldn’t »pr-d loo Impreo-•lorn or Hurt Any One.— *** THOMAS W. LAWSON.Bostok, Dec. 30, 1904.*»v OK. financial Bditor of The New York Timer dJTanraraMt writer. X b.v. fjund In your articles evidences of serious ^pur-noce and a desire to be honest In interpret-1 STthe affairs of finance to your readers. I I know nothin* about you save what I have| ^Ttayour articled. «nd It to bectwj I thTlmwiMloo I bave obtained of your bon- I TTrpo- that X doelro to offer you I another point of view concernin* myself | than thaUjrou have so far expressed. IWe wUlboth I think, that you art I responsible to your readers for your Judg- I »ents of men and conditions, and that if I wrW you do them an Injury. X I it, tbaa. that It la your duty to bo I c^jful of your facta and not to venture I decisive atatemeota without propor lov*e It)Su°(ay In your artlole to last Sunday’* I iMue of Thu Tuut* that I caro notbln*-for I values, that all I want la action; all I I want Is (peculation. Now, listen; Toff I statement Is absolutely untrue, and 11 you 1 bad fairly tovoatl*ated you would not bavo I mads It. It la absolutely tbs tact that la I my entire career to etocka the one thto* I I have always looked to baa boea value-to- I trtoido value. In the (enso to which yoa I urn the word. I never speculate. I do net I buy or *oU a aharu of (too* from one year's I mad to the other but those stocks In which I I am totarestad. which I bar# investigated I to ascertain the worth or worthiessness of. I I bave been thtrty-flve years in stocks, and I in the last twenty-five of them have abeo- I lately avoided dealin* with a stock until I after I had been fully shown what that I stock rsaily waa That strikes you curt- I ously, too, doesn't ft? But it's a fact, too. I I am one of the very few men In the stook I business who will refuse a Job of mnnipute- I tlon unites it can be done conscientiously, I that is, unless I believe in that particular I Job. I have absolutely refused many kuch I in the past, and will continue to do so in I the future. I care everythin* for values. |I have written for years that values arol the only thin*s that oount I care nothin*! for activity, and have written for years! plainly and openly that all speculative! roads, all active roads lead to loss and ruin. I Now, as a matter of honesty and fair-1ness, don't you think you owed it to r ■readers, or at least to yourself as an hoi_—_ man, to look up, as you well might, my | part in atocks-look up those things I have! “attacked” or “boomed before you at-1 tempted to tell others who believe In you! through your writings, what I am and what *I have done? Why did you not first lnvss-| tigate the business in which Z spent fKXMWufl 1--:—*—1— ^— you «—1 —rl —*-■ia 9WIIBWWU yww am It as a reason for condemning me for the Instructs* of your readers? Did it never occur to yea1 that a man who for thirty-five years has been In stocks, and for twenty-five yean of that time more active in stocks than any lt;----than anyuxkh naw aaw. naioa. In Wall Of tttStO Streets, who Waa looking for activity wouldDirww, wnv WM iwuuf ivr wutuj wywamove from the conservative community ofYou probably think that I do many1 things you would not do, things your Ideas] of right and wrong would not allow you to do. Isn’t It quoer how fallible t-mans are? Now, I would aacrffiee my arm, I would willingly give to others dollar I have or ever hope to have, t than spread a false Impression or sclously in writings do an injury to a nocent man. That --doesn’t It? Yet it Is the simple UuM write about what I know. The men I I exposed I learned all about through y of personal intercourse. My opinions, J merits, statements, are based on persw Information and first-hand knowledge. .You write of my recent movement tnflAmalgamated as one wherein I was actant-1 ed only by a desire to make money. Bel honest and admit you cannot comprehend! Mxo who is professionally a stock broker! ind manipulator who. having this great! opportunity In his grasp, cared neth-| ng for the opportunity tor pesko rain. I could have made millions f Amalgamated, yet there h bo r er of millions on earth to-day a : would take In exchange for my p* nt work. In which I cannot make a 4 sr. but which, on the oontrary\ oat me millions to carry through. V annot comprehend it, yet it Is so, suiu ledge you my word that at the end «#**•! ay’s Interview with me, If y*U UfU tthc. I onset man I take youtob*Iaa*ss*| rove it that you will see and admit it. 1 I You My to comprehend my work r lust first know how I stand on my s'—Copper Range, for Instance. Pardos s not so. It Is well known hers hi exactly where I etand or “cause before starting my mm$t I mid publicly ever my sfgaatuk^. * ve sold my interest of MOOD shares, a d let I have done I am doing solely 1 r s people, for tbs purpose of helping t a nt 1 have undertaken end for no cth rThe Other day one of the ablest newep -per mb of the oountry, James CreeJnu., came to taUi with me. He oame beMevh ;J as yes do, and I said to him as I say i» you. If I do not absolutely coo vinos yo my work is one for the people and Inf wnleh personal gain doos not enter you no write me up to the world as a fakfe *0* cheap one at that, and I will © K ft end! slink away into obscurity, and tester re-main there.*’ James Credmaa Is nobody's fool; he didn’t write me a fakir, but m and others know what be did write Ones mors X ask. can you eontlaa criticise me and my work aad rotate your honesty when, with a bit of inventteaOsm On Vour nark, mu nan in— —, - —. • wiv wi urmomusi uon fow part, you can Inform yeurseSTan I to jur. vhat I and my aete yldo. go your way. and later, when m wHh Iall »Ha naa* tk. . ^ WfM |—» •*«* tater, Wm9Qall the rest of the world win teooi to do Justice to one who, stngt* ] has brought great benefits to the e wtorraoua aaerifioee to hixueeif. I « the Md so Refaction of iSSSSi ri ulsor aad your pen more vT^ fore-sad eatlsfaction, for I aa satisfaction mud te mized“^ben I think how foolieh tees wise and honest can bscowa tern ^ consulting their prejudloen , and crime, of otCTSSld, wwwmsajdtdsn u their Maker * »•* with. Believe me, yours t THOMA* W. IDeadly Absinth*
Newspaper Details
New York Times
New York, New York, US
Sun, Jan 01, 1905
Page 6
Full Page
Clipped by
Nick N.
NA, 14 Jun 2024
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