The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1876-07-11

trump up something derogatory to the
high character of the Democratic stand
ard bearer. 1t matters not how unrea-
sonable, how illogical, or how improbable
the story may be, some irresponsible
party, without any regard as to whether
the matter has, or has not, any foupda-
ton, and perhaps knowing its untruthful-
ness, sets it afest and the over-zealous
partisans take it up, magnify it, discourse
over it, and pronounce this condemna-
ton of Mr.. TiLpEN in terms of holy
horror. Why they pursue this policy OF
falslfying is somewhat strange, unless it
be that some advantage may be gained
on the theory that a lie travels league
while truth is putting on his boots. It's
boomerang" policy, however, and
ere the campaign Is half over,
will kick backward much harder
than it ever shot forward. The
first story that started on the rounds,
but early nipped in the bud, was that
Mr.. rILDEN was the author OF the Res
olution at Chicago in "a, pronouncing
the WAR failure. The next is that while
Mr.. TILDEN is hard-money man, he
deprived the government OF consider
able revenue by being prominently
identified with the issue of large amount
of unlawful money by the Lake Superb
or iron mines. Here is clincher,
on that charge, that emanates
right at home. w. l.. HEARN, Esq, Of
our own city, who is a prominent and
wealthy iron man, and is good authority
for whatever he may assert, took the
Trouble to investigate this wholesale mis-
representation, by writing to Messrs.
CLEAvELAND, Brown d Co.. agents for
the mines. He received an answer from
that gentleman yesterday, which quashes
the charge about as etlectually rs any
thing we have read for some time. Here
is the letter:
Nos. 25 To 81, MgRwIN STREET,
CLEVELAND, o., July 7, 1876.
TO Wm. Il. Hearn Esq, Wheeling, W.
DEAR SIR:-Your esteemed favor OF
the 9th inst, Just received, calling atten-
tion to the statement going the rounds OF
the press, in reference to the alleged is
suiHg of millions of dollars Of unlawful
paper money by the different Lake Su.
perior iron mines, and especially two
mines in which the Hon. Samuel j. Til
den is understood to be interested, as set
forth in the artic le or statement referred
to.
The figures given and the assumptions
made are so ut variance with the facts,
easily susceptible of proof, that we should
have supposed the article carried its own
antidote with it. Of course, in saying
this, we refer to the mine of which we
~" the agents, and the period since we
l. ,.,me so, namely, early in 1868.
nc so-caled "currency" is nothing
,l nan DRAFT or order upon Cleve-
land. Brown u Co., To pay certain
amount of money on presentation or
"sixty days after sight" in the following
form:
s5.UU NEw YORK IRON MINE.
MARQUErTE, MICH,
December u, 1868.
sixty days after sight
Pay TO the order OF
&. l.. Pease, Superintendent or bearer, Five
Dollars, value received, and charge to ac
count OF NEW YORK lion NINE,
ISignedl IS. WETMoRE.
Messfs. Cleveland, Brown 4 Co.,
Cleveland, Ohio.
CIV. SMITH, Secretary.
Our books show that of $55,00O issued
To creditors of the Mine at Ishpening,
during the years of 1869 and 1870, and
$50, 900 issued during the years Of 1873
and 1874, there were presented and paid
bv us MS follows: In 1869, Sal 1886; 1870,
Sll.G55; 1871, $3.50; ~, $S5; '73, $l6,-
725; "A, $500; rs, $50, and making a
total of exactly SsS,9l0 paid Of $4,000
drawn during the seven years named
This covers all the socalled "rag money
from 1868 up TO this time.
We do not write you the foregoing
from any political sympathy with the
party which has seen fit to place Mr..
Tilden before the people as a candidate
for the highest office within their gilt.
On the contrary, every member of our
firm has, we learn on inquiry, voted
for the Republican candidates in every
Presidential election since the forma-
ton of that party. But these consid-
erations do not influence us to with
hold any facts we may properly fur
nish TO you, concerning our business
relations with MIR. Tilden. extending
through period of nearly ten years.
And we cheerfully place on record the
gratifying facts that in all of our inter-
course with him, involving the disposal
Of many million dollars worth of ore
since 1866, we have found him the imper-
sonation Of commercial rectitude and
honor.
He would never consent TO depart from
his invarying rule OF exactihg enly seven
per cent interest for deferred payments
on ore contracts, though the laws Of the
State Of Ohio permitted more, and dur
ing the panic Of 1873, 10 or II per cent
was voluntarily offered him for such &C.
oommodatlon, in the presumption that he
would not hesitate to accept what others
often eXacted.
We should say, in. conclusion, that
Mr.. Tilden has not now, and never hid
dollar of interest in the store, or profits
Of the store, or at the mine directly or
indirectly. II has always been owned
and managed by Wetnnore Bros. Of Mar
Quette, and rs . branch Of their store
there. Yours Respectfully,
CLKyELASD, Brown d Go.