there were purchased by hundreds
of people all over the country directly and indirectly
through me, rising 260,000 shares, at an average of 40 to
42, and probably hundreds of thousands more which I could
not trace.

This campaign I have prosecuted incessantly up to the
present time, until now I estimate the public holds
1,000,000 shares, 700,000 of which show at to-day's price,
82, a profit of $28,000,000.

When my story, "Frenzied Finance," began, I advertised that
it could do no damage to Amalgamated stock, but would help
it.

Hoping to divert the dangerous disclosures I threatened, the
leading attorney of Messrs. Rogers and Rockefeller asked for
a conference. At it he demanded of me what I expected to
accomplish. I replied: "One thing, at least--to put the
price of Amalgamated back to 100, that those unfortunates
who still retain their stock may recover their money."

Then the secret was revealed to me that Amalgamated was not
worth anything like the price at which it had been sold to
the public. I said: "How can this be?"

He answered: "Mr. Rogers knows for a certainty that Marcus
Daly deceived him about the worth of the properties."

I had great faith in this attorney. He was sincere in what
he said; his knowledge and relations were such he could not
have been deceived, and his special information about this
property was such that he could speak in the first person. I
believed him. Soon afterward another official of Amalgamated
confirmed his statements.

When I received this information my dilemma was a terrible
one. If I gave it to my following they would at once throw
over their stock, probably at a great loss. I waited. Sooner
or later I knew these men would get behind the market, push
up the prices of the stocks they had gathered in at bottom
figures, and, when the moment was ripe, again unload on the
public.

The market "came in." I did all in my power to assist in
raising the price of Amalgamated.

To-day's situation is the same as that of 1901.

"Frenzied finance" stock gamblers have accumulated immense
lines of Amalgamated. The same sensational rumors of a great
rise to come flood Wall and State streets as in 1901. They
have asked me to join in creating a wild market upon which
al