The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1876-09-07
nesota if every man that thinks with us
will vote with US.
PETER COOPERS LETTER TO THE
CHICAGO MEETING.

At the great Greenhack meeting held
in Chicago, on the I'D ult.. the follow
inc letter was read from Peter Cooper:
New York, August 2l.-The Hon. Moses W.
Field, Chairman, etc, etc.-DEAR SIR: must
beg you to accept the warm weather incident to
this season Of the year (togeth-r with the
thought that forces itself upon my mind that
some persons who do not know ms-to think
that was electioneering)asa sufficient apology
for not accepting you kind invitation to JOIN
our friends i'll the convention at Chicago on
"Wednesday next.
shall be with you however in spirit. and
also by the presentation of thousands OF PAM
phlets which give my views on the most I'M
portant issues Of the day, and some OF the
errors of the public administration to winch
both the republican and democratic parties
neglect to give attention.
waited long, and with, trust, a fair degree
of patience, for Governor Tilden'5 letter OF ac-
ceptance, entertaining the hope that ! might
| find sufficient ground for retiring from the field
as a candidate nominated for the same Office.
/ But in tuis was disappointed, as he indicates
a determination similar to that expressed by
Governor Hays in his letter Of acceptance. to the
/ effect that ii successful III the canvass, mo
step backward fromthe wrong policy pursued
by the government relative to finance Will be
taken, notwithstanding it has ruined untold
| thousands and brought sore distress upon
| find my self compelled to agree with Sen
ator Jones when he says that "the present i
the acceptable time to undo the unwittlng an1
blundering work Of 1873, and to render ou
legislation ON the subject of money consistep
with the physical facts concerning the stocl
aud supply Of the precious metals througnou
the world, and conformable the constitution
of our country.o He further says, addresslil!
, our present senate, and, as think with grea
propriety and force, I'VE cannot we dare not
avoid speedy action on this subject. Not onl
! doesyreasOn, justice, and authority unite i
: urging us to r.trace our steps, but the organl
law commands MS to do so, and the presenc
OF peril enjoins what the law commands"
1t is extremely difficult to frame All apolog
for the course of financial legislation that ha
been adopted by the government Of our countr
and is still insisted on by both political psrtie,
It | find, on close examination that It y ]u:
such y policy as men and nations would I'd
= wise whu have direct and Immediate Object
(. mislead and deceive us.
,r The legislation of our country Oh the sui
:, iect of fi,anc. has been nearly identical wit
=. that adopted by Great Britain during Al
u after the Napoleonic wars, and is attended vii
d similar results. The English Govrrnmel
e caused suspension OF specie payments 4
more than twenty years. Those years OF su
pension proved 10 be the years of England
greatest prosperity.
But England, like our own country, In I
OF evil hour, undertook enforce specie paymen
1y by law This shrank the values, as Sir Arch
y bald Allison says, ''some 30 per cent. al
$; ss caused OBSERVATION-DISCLOSURES and ruin 'ov
~ ~ that country.
~ A similar policy has paralyzed all our indu
We tries, and brought suffering to millions
n. American people; and this must continue
le,. long as the present contraction OF the CT
~ ~. rency is allowed to 60 on.
=! r. here rep-atuly belief that prosperity "
ils never again Oless our glorious country un
ie Justice is established by giving back to
C people sufficient volume Of currency W
III which to transact business. This can only
.n m assured by the use OF national paper money
~, defraying all proper expenses OF the gove'
-. ment.
~. When our government has secured to
~. .s people one kind Of paper money, receivable
sie all frms OF taxes duties, and debts, and INT
.ee convertible with national bonds bearing All eq
table rat. of interest," " hen such an inestima
ef. blessing has been secured to my beloved cot
'ns try shall be able to say with one Of
l loE Lord, now lettess Thou Thy servant deI
iof in p.,ace," for I have seen tbs salvation Of
country.
> Very respectfully yours.
PETER CooPEr
up The letter was received with ev
u demonstration Of delight, and th
cheers we're given TO the ''old man."