reed with most bankers in believing that you
were actuated by a desire to get even with Mr. Rogers, Mr.
Rockefeller, or Mr. Addicks; but as your tale progressed I
thought I perceived a sincere desire to carry out some
genuine work of reform in the system of conducting the stock
business; then when you began your advertising work last
December, I shifted again and felt that your efforts were
probably for personal gain.

Since then I have noted your every move with an acute
interest, for I became convinced that you were going to work
considerable mischief before you got through. Of late you
have been so bold--and I believe I voice the opinions of the
large majority of men connected with financial affairs when
I say _dangerous_--that I cannot resist writing you as I do
herewith.

You advertise through the daily press and in your "Critics"
pages that you are doing all in your power to create unrest
and fear among the people for the purpose of frightening
them into selling their stocks and bonds, and you go further
and openly make the most astounding of statements, the most
dangerous and vicious--that you will endeavor to have all
the people owning deposits in banks, trusts, and insurance
companies withdraw them in concert.

I will be frank and state that if I did not know your
business career, and had not read your writings, I should
dismiss this latter statement of yours by calling on the
proper authorities to take cognizance of you as a most
dangerous lunatic, but as your business career and your
writings show you to be an able financier, a successful
business man, an advanced thinker and brilliant writer, I
feel that mental derangement cannot be the cause of this
remarkable proceeding.

Therefore I challenge you, as one who professes to be an
honest man, to answer at once the inclosed list of questions
fully and unqualifiedly in your magazine before you make any
more extraordinary and, I believe, perilous public requests;
and I warn you that if you do not do so, I shall consider it
my duty to make public through the press of this country,
and in other places where you have been advertising your
vicious theories, that you have not dared to make answer. In
other words, I shall, after the next issue of _Everybody's