ABSTRACT
In the spring of 1906 F. Augustus Heinze, the hero of Butte's miners, arrived in New York City with ten and a half million dollars. The panic of 1907 was then not even a speck on the horizon. Yet there was a close connection between the event of Heinze's coming to New York and the coming of panic. With the perspective of years, many writers on financial affairs have come to the conclusion that the sudden panic was precipitated by the struggle to get rid of Heinze. The struggle, as nobody doubted, was waged by the Standard Oil crowd, not company, headed by the indomitable Henry H. Rogers, with his close partner, William Rockefeller, and their financial aide, James Stillman of the National City Bank. Amalgamated was born in the brilliant, restless mind of Thomas William Lawson of Boston, one of the most spectacular figures in stock market history.
