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Author Arthur Hailey urges Fox''s O''Reilly to take up gold issue

Section: Daily Dispatches

12:35a ET Friday, July 20, 2001

Dear Friend of GATA and Gold:

The author Arthur Hailley, a longtime supporter of
GATA, has sent the letter below to Fox News'
Bill O'Reilly, and we couldn't be more grateful.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

* * *

July 19, 2001

Dear Bill:

Since your kindly and generous reference to me
on Page 139 of your book quot;The O'Reilly Factor,quot; I have
basked in countless congratulations, including many
from people I do not know and will probably never see.
I have also become a devotee of your excellent
TV program, frequently agreeing with you, though
not always -- but you don't expect that anyway, since
you are a living legend for the belief in free thought
and speech.

Anyway, I take the liberty of bringing up a subject --
gold.

For a long time now I have been a strong and active
supporter of GATA and its chairman, Bill Murphy, and
believe the time is coming when Murphy will be regarded
as both a hero and one who has protected the ethics of
sound money internationally.

And yes, I am a strong believer in gold, and am
convinced there has been, and still is in existence,
a strong program to hold the price, unethically and
unconstitutionally, down.

An old book of mine (circa 1975), quot;The Moneychangers,quot;
which has already appeared in multi-millions of copies
worldwide, is shortly to be republished and, in a new
Author's Foreword I have written:

quot;There are some who believe -- and this author is one --
that the only real, honest money that has ever existed, is
based on gold, a fact that the history of centuries
confirms and even now (in 2001) evidence is
accumulating that gold's monetary eminence will be
acknowledged once more.quot;

There's more; I'll send you a copy of the book
when published. (Incidentally two others of my old
books -- quot;Airportquot; and quot;Hotelquot; -- have been republished,
also with new Author Forewords and are selling well ...
all quite exciting in my 82nd year. Enough!).

Anyway, I am sending this note in support of the
GATA request that you look into the subject they are
bringing to your attention and hope too that you will
apply to it your remarkable and honest investigative
talent.

With salutation and warm regards,

ARTHUR HAILEY