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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Aug 13, 1908
Page
3
The text claims absolute control of a corporate instrument to manipulate the stock market and money in banks, outlining the system's billions and right to use people's deposits to fix security values. It argues the stock market must serve those purposes to dislodge the system's hold on Americans.
A Boston document from August 13, 1908 outlines a bold scheme centered on a corporate instrument called National Stock. The author proclaims absolute control, proposing unlimited stock, vast capital, and aggressive market plays to unite Wall Street, the System, and the Press against current power structures. The plan envisions selling National Stock to the public, driving profits through market activities and stock underwriting, with the author stating past efforts redirected to the corporation.
A bold, conspiratorial vision outlines creating National Stock to manipulate and rewrite stock markets in New York Boston Philadelphia and beyond. The speaker pledges to use vast public funds to back aggressive campaigns against the System, promising huge profits to early buyers and a radical transfer of control to stockholders.
By order of executors an auction lists numerous stocks and bonds including Lincoln National Bank Gulf & Chicago R R Co United Copper Co and Northern Pacific Railway with quantities named. Accrued interest per bond terms and due dates noted. bidders warned of purchaser charged interest from last coupon date.
A speaker urges universal purchase of National Stock with promises of 500 to 1000 percent returns, safety since funds stay in the stock treasury, and a mission to topple the financial System. He declares plans to advertise aggressively and sell to millions, detailing boastful stock-market maneuvers and personal gains, dated Boston August 13, 1908.
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