The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1875-09-25


cIal rrform,rs are gathered together dis
GUESSING the situation, he Is very apt {,
be- soon IA the midst of them, not for i'll,
gossip, but earnest nving pointed We
brief expedition az his favorite views
He seeks alike the great Wall stree
banker aud the humble but big braIneC
workmgman who has gained or Is trying
to gdu an insight into the science 81
money and each and all feel that they
have gained something by his visit. How
often during this last summer has he come
tuIlInG III e. sre me, with his heavy bag
and often stepping a few moments "a wipe
the beads ~ sweat from his brow, and chat
upon " the latest news from the front,
mas gone on to cheer some other brother
who Is tuIhug IT. the golden calf ic"naclasm.
PETER COOPER.
Although tins grand old man could not
be omitted from any list &C prominent
friends uf currency reform "A tins city, he
is 50 well known that 40 description Of
him H. necessary. Ii viii he enough to say
THAT he Is inclined 10 affiliate IN a very
| friendly way with our clearest, soberest
( financial philosophers and be heard from
most Enthusiastically when any scheme for
/ furtherIrg the cause gives good promise Of
Y use As Mr Cooper has long been a
7 student and disciple If Henry a. Carey,
/ Il j. NIT strange that he follows that great
master In Tins new departure.
WALLACE =. GROOM.
TIN, earnest and careful advocate OF the
: % bond, Is the proprietor and editor Of
the Ntsr9utt. J.uyJ,di Of this city, which
is considered valuable property. 1t covers
und, r its wings two other journals. For
Mr.. Groom seeing the disposition to estab-
llsh special grounds for different branches
ot trade started simultaneously with
the Mercantile Ia 1868 the Grocers Price
Current and the Dry Goods Jo,pHdj - fore
stating rivalry in those directions He is
careful, sedate, methudIcal and rather
cons ervauye business man, a pillar in his
church, and high official IN the Young
Mems Christian Association. He Is very
clear Ia his views and utterancts upon
those points III which he has departed from
the good old ways" but like similar
men who engaged, III decades past, IN
anti slavery and other unpopular reforms,
suffers much from apprehension that some
ut the brethren Hill carry things too far
Although his papers circulate largely
among bulluusts. he openly and ably de-
lNitAo anu lhlltlldl III llltl
columns.
Several years ago and about the time
when Mr. Greeley advocated the 3 80
bond, and he aud his friends did not see
that 1t would soon smash the " golden
calf, Mr. Groom was invited by great
array IT notable citizens to lecture "a them
un the inject III the Christian Association
Hall. Many NJ the same men are nov
calling loudly WI Grant and Ruthschild
4, y the rest uf the European Jews to save
them from the hurrld 3 COS
The Financial and Commercial Plat
form IN twelve plauks, laid down by MIR.
Groom, contains many Of the propositions
Ipon which the most advanced thinkers
are agreed. Artiole Of his platform may
seem tu some very radical and revolu-
uunary, but is not 40 i'll reality. 1t advo
Gates " the abrugation If all laws for the
coll ctiun If debts, except as presented
by mortgages on real and personal estate !
duly filed aud recorded. There is really
scarcely any more serious hInd-ance to
sound business than those laws If they
were anuuled three. quarters Of cur vicious
system If doubtful credits would come to
an end. Ii no credit was given without a
fixed and specified security half If our llti
CATION would cease People would only trust
where the certainty of payment vas almost
absolute Rogues now get all the credit !
they can and then squlrm and Idge to get |
md # payment and when time Of |
H panic comes they all fail honorably." |
WI. II. wINDER.
Here Is another gentleman If substance /
and brains who has been most careful |
student and vulunInous writer upon I
finance. Some Of ms friends think that /
he has made mistake in writing anouy- |
mousiy. Ii he had put his full name To
all his articles he would now have a wide !
reputation, and could be much more use
Jul In the rush Of printed matter III this !
country few people vii read carefully any
anonymous philosophical articles, except
editorials of leading daIIes
Mr. Nnder Is not in tuil accord with
the regular greeuhdck party; his Is a mind
that has o. do It's own WORK IuIts own way
His strong point Is IL demonstrating. by
help 10 European history, the folly ot the
attempt Ut any debtor nation" ike purs
u MAINTAIN specie payment. Though not
desiring resumption here, H. lays great
stress upon the necessity of holding
specie m the country to maintain
healthy condition, and shows more clearly
than any one else how 1t can be done, VIZ
as England does ~, 10y paying foreign debts
IN raw and manufactured products
| started ID TIL, HAT | kuea about the
most prominent ana influential men mere
about who are pushing the greenback
movement | could write dozens Of col
uInns about the many interesting charac
tiers here. no have made a study OF this
subject and are also interested in many
other reforms Paul said Il disputed two
years Ia the school Of one Tyrannus -
that i IN a certain debating society. 50
ia the last seven years, since my return to
NcN York, | have carefully followed all
the more important movements 81 the
worklngmen and labor retormers, have at
tended their meetings and discussed With
them the exceedingly Important subjects
that they have handled
| might mention twenty names Of nien
that have been prominent debutees ii the
Liberal CLUB, the Cosmopolitan Confer
ence. ana the Wrklngmens Lyceum
during the past five years; all Of whom
exhibit very interesting traits, and have
had an important influence in moulding
public opinion IN this region. 1t might be
veil some day t. describe them all briefly,
on the plan Of saying only such things as
| can commendatory Of each. Then no
one would be offended.
But | must return for while to the
vastly important matters that are now
agitatlug the public mind, the OHIO con
test California bullion breakdown, the
pretty certain nomination If Grant for
thrd term, the misery Of the people OPP
SAMUEL LEAvITT.