, 1879-05-22
Moses HAWKS :" Financial Policy"

Moses HAWKS "Flnnnefal Policy"
To The Eltlnr NJ The Tribune.
CHICAGO, May 20.-As occasional altaston to
this subject has been made By THE TH1puHn,
edftosia'ly nnd otherwise. truat you will Grnut
me space sufficient to rcfute the ERRONEOUS stasn-
mcnts which hare for several wears past been
| going the rounds III the prcss concerning my
| deceasea fathur. The story that Moses Hawks
oncc ISSUED an unlimited quantity ot spurious
phnplaetets originated With ,tlc ceottst!cal ass
{stich., True Aorth.rn<f Office, md who doubt-
| loss wrote the article purely from Imagination,
as e9a was nerer essa acquainted with Nj.
| providing always there s enough ot him to ba
harmed" for Il Is base fabrication, possessing
not even tissue OF Foundation. Next,
the article 10 question was copied BY ''pro!."
Held, ofthe Allcgau t,iic.,) s|oasaa, who hears
the reputation Vi being The mcailest maj, in
AlleQan County, a,la WHO oucc attempted to
cast sturs up0n the writer BECAUSE he wrote
MI article III vinltcatfon Of u man whose ears
we're hashel io the ta:e ,snputatlons east upon
him. This satne man Reid, whose otlaer nane
Is Es1wy, and who is perhaps butter known II,
the village where lie resides As "poly-FiooI
! Reid" ia still loboriug Auuer the nsnne tlea
tnar q lie well Told a,lA stuck to is equnl To
the truth. nud by this same token llas gotten
himself iuto my 0uautisy Of ridiculous scraues.
boil, personally ind c1ltor!a!ly, aud ut Que
in the courts Of Aiecan County, which IL rery
convincing evidence usut hc is slightly addicted
! to pr+yareatlhg.
Moses llawks, at tho time Of h!sdcath, oet.7.
siate s q Il! Mchisan IL at had yesy INTENSIVE
acquaintance amou:+ tile leading men o[ his duY,
such as President Pierce, Senator Lewis Caa*,
Morgan Batcs, Thomas II. Ferry, GeorGe Daw.
sum- etc., etc., :Itid wus esteemed mud respected
| Gy oil who knew him. Lie was always sound on
tic financial question: a.s! believed that 'aoid
bottotnn was the pnly foundatlon upon which
| our Satonat currency could stand: 81 there wal
rand Df 1ll ntE,t +&tnttnt TIM et1rr u
Or ucckinE protection In the bankrupt Ian, as
ctar1cd by sosnc Of tho country editors Of
Michigan.
| Tic whotc truth Of the mattcs Ia, that Mr..
EfaHks never tsslcd any shnplasters ut NIL,
rutsller did s,e ever haze .auy ct,uuection what
eyer with the 1}npk Of SINGAPORE, md MI stories
to 1ie contrary nrc anun Of wliulc cloth, and arc
| FnAHk E. llAwEs.
Who Will Make Money by the Free Coln-
] age OF sl,vrrf
1 tn The Editor Of Ihr 1riblne.
| CHICAGO, May 2l.-Thc great objection made
to .llc free co'uaeo Of sitrer Is that It would
cnulle tic hu!ders Of bullion to make large
profits by tho rl.o OF silver to par With gold.
Well, this comedies tho fact lint free co!nnee
would bring silver 10 a par With gold, which Ia
| what the advocates OF silver have always
ciu,mcd. II Is true that there would be u
temporary profit to the owuers OF bullion on
| KIT uussnE.E III III" 1C5tVItIE4 buNGE W te otN
place in ont currency, anu Tic Government snay
uvall Itself Of this profit, II It cf'ooscs, by n,a
!uE eo1ttrncts for two or three huudrcd millions
| ut pyesrnt prices. hut the UWliers Of
silver bullion can nlaku hut onu prut!t.
Water III lie spout Will rise to tlle
level OF t,e watcr IN Tie krttlo when the OBJ.
structlon Is Fcupvttl, but when the equilibrium
ia once rustosca It will rciau1n so. unless human
| fosiy should asain att~rIpt to disturb this cQut
l!bfsun. But who will Maku ti,e u.ost mon0yt
Tie nalotnt of silver IN this country, coined
! a,lh uucoinotl, is about l per ceut. nnd the
! wealth OF this country. This snlall amount Of
silver eau ontY bo ADVANCED to the extent Of IL
| per cent by free coinage, while tla value OF
| wnges and OF o. per cent Of tue property ot thu
country will be advanced IL per cent On present
prtccs 10 fnct. when frye culnagc Is fully cstab
other property, gold e1eepted, us ts saI1'u
! amount Ut unrolned E.Iycr will to-ttnY. To 6Iluw
/ the evils ut decentralization nj alyoF, lot mo
/ VIgu yuu une Illustration out ot thousands,
which y u llferat fuet+ except tllr naines:
In 1871 Mr. lnyer purchased Of Sir. Seller a
house ua laruu lot for &. 900. THIS the purchaser
beaatslrd by planting vines and roses, hoping
! to llInke It the home for II long timet md pts-
lnps for tfr Irf0gt The tletn"net!zatton OF atI-
yrr lo had pail OIL hls iulsu 4!!,NiD. Stucc that
tercst until thk surllig wl,eu tu could no long.
| cr ;,ay tnterest, md ltae seller WIS compelled
| to take It hark fur tho rcnlaIntn. s3,000. 'iho
seller wUMid Elaily rueeivo hIs f3.000 In silver,
! ~ tIlr pruperty Ii not HOW worth eycu $3,OpQ.
Wio Is bcneteA by this want0n destruction of
values Sat 1l,c debtor. for he Is ru!ncd. Aud
not The creditor. for fe Is simply 1oadcki up with
depreclatcd anti u.lsa!a9le prnpurty, which pro-
duccs lor HIN MI annual crop q faxcs, Instead
| of tucutue. .. II. hED2tE.
u Fnr-0r Cunlrln'nt,
| sbs E.tfffnr nj Ths Trbtus.