P. Erlangen 4 is papyrus fragment of an ancient Greek, “Socratic” dialogue discussing cures for the (desire) of the beautiful—and, by implication, the meaning of moral beauty itself. Previous discussions have made general comparisons with the works of Plato, Xenophon and Aeschines. Prior to its philosophical analysis, I will re-examine the fragment, suggesting new reconstructions of the text, accompanied by an English translation. Although the precise authorship still remains a mystery, I will attempt to show that its philosophical language, argument and dramatic background are closer to the remains of Antisthenes than other Socratic writers and in particular to one of his Alcibiades compositions. The possibility will then be considered that it originated in one of his works or with one of his immediate followers.