after midnight, and risen before five in the morning.
In that one day he had forced nearly 3,000,000 shares of
stock into the market in New York.
"My one instrument is publicity," he said. "It is the most
powerful weapon in the world. With it I have been able to
strike with some of the power which eighty millions of
Americans possess when they are wide-awake and in earnest.
"This week's work is only the beginning of a demonstration
that the secrecy of the frenzied finance system--under the
cover of which the savings of the people gathered into
banks, trust institutions, and insurance companies, have
been used by the Standard Oil crowd to rob the people
through the stock-market--cannot succeed against publicity.
The people only need light to save themselves.
"At the beginning of the week I advised the people of the
United States to sell Amalgamated Copper and the other pool
stocks. It was the first step in the final realization of
plans I had been maturing for ten years. Since then, against
the whole force of the billions and billions commanded by
the Standard Oil system, Amalgamated has dropped from 82
into the 60's. I give the people my word, which I have never
yet broken, that not once in that time have I sold a share
of Amalgamated stock. Not only that, but I have actually
bought large blocks of Amalgamated in order to steady the
market and prevent too great and too sudden a panic, so that
my friends everywhere might be able to get out without
complete ruin. But for that I believe we would have had a
panic greater than the Northern Pacific crash.
"I simply went out into the public square and told the
people the truth. I was in a position to tell the truth. I
knew the methods by which they had been robbed. I knew that
ruin was staring them in the face unless they acted quickly.
SPENT $92,000 ADVERTISING
"I advertised the fact over my signature in the newspapers
of New York, Boston, Chicago, Los Angeles. I cabled the
advertisement to London. All this cost, with incidental
expenses, something like $92,000.
"The frightened leaders and agents of the 'System' spread
reports that I was in league with the leading plungers and
manipulators of Wall Street, that I was making a mere stock
raid, that I was tr
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