New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-07-26
TWO-HUNDRED-C CENT DOLLARS.

THE PRETExT on THE PART OF THE SILVER
MEN TO FORCE THE Efficient DOLLARS.
To the Editor Of The Tribune
Sir: AS alleged answer to the announcement
Of the proposed 5O-cent dollar" swindIe It is pre-
tended that creditors trying to force payment
in ''2OO-cent dollars This Is but pretext on the
part OF the silver tallists. and is another
exhibit Of the old game of Heads win. tails you
lose"
Let US 20 back number Of years. About 1850
boom in real estate. including town lots. ETC.. be-
gan to develop In several of the Western States,
based chiefly on the facility with which money
could be borrowed by spectators and others.
chiefly the former. When money loaned In 1880
came due in 1888 and 1883. the mortgagers rendered
I'm payment TO the mortgages 1W-cent dollars.
Meanwhile the property had generally trebled, and
in n large number Of cases had increased fourfoid
in market value In other words, had yielded to
the mortgager 300 to 400 cent dollars as the result
OF the speculation. This process kept going on
for period OF years Always l0o-cent dollars for
the lender 300 400 cent dollars for the borrower
No offer TO divide profits. Did the morgager say
TO the mortgagee. This property has advanced
greatly since you loaned money upon 1t. several
hundred per cent in fact. therefore. will pay you
n proportionate share OF the advance on what you
risked and lent me-? Nothing OF the kind &C.
Cured The 300-cent and 40-cent dollars were
coollv pockeed and only l0ocent dollars offered in
payment.
But when the tide turned when the speculation
collapsed and more money could be borrowed
10 sustain interest payment and inflated values,
then all OF sudden the lender is called upon TO
share losses. When the cream was abundant and
running over there was no offer to share In pro-
norton but when the days OF SKINNED mix ar
r,ved then the cry came out, share and share
alike" the crime OF demanding 2V,cent DOL,
lars etc The lender to be debarred from MI
chance OF gain but was to stand and suner as
much OF the loss as the borrower ana as mucn
more as the borrower could scheme 10 Iorce OUT o.
him Verify. a game Of Heads ! win ana
tails you lose. Inc foregoing feih''us iho u :"
An Indian and white man once went hunting.
The sole proceeds OF the days efforts was turkey
and an owl How TO make an equitable division OK
the game was q problem So the white man re-
allied as he and the Indian wendell their way back
TO camp especially the paleface noticed that
his companion eyed him keenly on the way. on ar
rival the white man. with an air OF great APP,
parent candor and fairness addressed MI. 10
Az follows: , .., l.. ami. a
TO prove It | will leave to you which to choose
I will take the turkey and you can take the OWL or
Won can lake the ow. and will take the turkey,
lust az you feel most like doing" AS he said all
with an air of well-assumed innocence. The Ind
ian eyed him keenly and laconically replied: You
no saw turkey once to me-.
rhe moral OF this incident Is plain. II needs
no application. especially Tor those who have
been dealing out 300 and 400 cent turkeys to them
selves exclusively when any turkeys were to DO
had leaving the lCO-cent owls to their creditors.
Now when the turkeys are run out the creditor Is
NOT 10 get even the l00-cent OWL but Is to be put
or with 5O-cent breed Of that undesirable bird.
This scheme is n clear exhibit OF Southern and
far Western morality. tl'ME->i WARREN.
BROOKLYN July IA, lS9b