"By taking off one coupon—if you can wait—the money and interest would buy about 7 of these bonds. That would give 490 in gold, or a gain of 130 a year in gold.
"I would like to have you inquire into the matter if you incline to do this, so as to act as much as possible on your own judgment. If you wish to come down here I will be happy to consult with you and put you in the way of making up an independent judgment.
"If you incline to something more current you can buy Cleveland and Pittsburg stock—which can be converted at any time into money; but it will only give you 7 p. c. currency on 90.
Very truly yours,
"S. J. Tilden."
WM. M. EVARTS TO TILDEN
"New York, June 17, '73.
"My dear Tilden,—I send you letters:
"1. Mr. Forster, a member of Parliament and of the present Cabinet. A strong friend of ours through the war and in keeping up the treaty of Washn. during the last year's storm.
"2. Lord Houghton, formerly member of H. of Commons as Rich. Monckton Milnes, an author and society man, friend of Am. politics, etc.