, 1876-08-24

boroe in this city yesterday included the
roading Of letter from tho venerable PETER
CoorEn, The Greenback candidate for Presi-
dent. Fortunately, it is not as long as might
have been expected from former experiences,
and in this respect 1t is vast improvement
over Mr. TnpEa's letter Of acceptance. Nor
is 1t tirosomo in tho genBo Of celebrating tho
details Of tho peculiar sophisn which Mr.
CoorEn represents before the people. This
was left for Mr.. SAM CAnY and Mr. CoopER'H
pamphlets which 10 furnished by tho thou
sand. This, 1t must be admitted, is a vory
fair way of campaigning. If Alr. COOPER
can mike voters by any Of his pamphlets, he
is certainly entitled to them. The old gen.
t1eman says lo did not como to tho meeting
in porson partly On account of tho warm
weather, which Is certainly q good
excuse, aud partly because those who do
not know him might suspect him of elcction-
ecring. We do not think anybody will do
him the injustice OF suspecting this; since,
notwithstanding his financial vagarios, he
must be accradlted with too much sonso to
suppose for m instant tint lo will recoive q
single electoral vote.
Slr. CoorEn's reference to Gov. T11pEN
and his letter Of acceptance Is significant.
Ho sayB he waited patiently in the hope that
TupEN would 10 express himself as to war;
rnnt him (CoopEn) In retiring from the field; 3;
but TINT ho WINS disappointed. This means
tint the Groenbnckers and In1ationists have
boen looking, as Il matter OF fact, to tho
Democratic party for their relief. The dem-
agogues and tho unwary have professed to
find hopa Of this relief with T1LDEN and
HENpn1cgs, but Nlr, CoorEn is too honest to
accept equiyocal and ambiguous generaliza-
tions, which arc nll things to all mon,
and hc will rally around him as
many honest Democrats as actually bo-
lieye in the potency Of Groonbackism, and
who would rnther bo dofented In sustaining
their principles than be- successful at the
sacrifice thereof. Tho principle il not q very
high one, 1t is true, but devotion to n creed,
even though 1t be n superstition, is moro ia
bo admired than pretonse Of apostaoy for
| selfish purposes. Therefore those who rally
nround CoorEn and CAnr occupy more
honorable position, aftor nil, than tho Green
back crow enters who have agreed to swallow
T1LpEN in the hope TINT it may enable them
to attain tho spoils Of Office.
| Thore Is hut ono point in Afr. CooPEn'f
lottor which ia worthy Of my special atten.
ton. IIo says Tint England was In state
OF suspension for twenty yenrs, which proved
to be tho era Of Englantl'a greatest prosper
| ity; anl that, when specie payments wort
resumed, tl,ore was n ahrlnkage In values
which ho quotes Sir ARCHIBALD ALISON al
saying reached 30 per cent. Now OF thoss
twenty years Of suspension OF specie
payments In England somo twely'
years were during the European war o
tho early part Of this century. England re
su.ned In 1923, Or eight yeara after the Gloss
OF tho war; but ITO sclleme of resumption it
this country Inns contemplated a date Garlic
thnn fourteen years after tho close Of th
war. And there could scarcely have been
ahriukago of vnlueB-by which VIC presume
shrinkage Of prices is meant-anounting Il
30 per cent, as English pnper money wa
worth SO per cont when resumption was at
tempted. But t!sat theso twcnsy years o
suspension were "tl!e years Of England
greatest prosperity ID not ut all sustained b.
tl!o facts. England's greatest commerce
largest wealth, most extensive manufactur
ing, aud most general political liberty an,
popular education, haye been attainaa sine
the period Which E1r. CoorEa describes
During tho war mud the few years Of Bua
pension TINT followed, there was probabl,
tbs same s,el,,sive appearance Of proH
pority in England as in this countr,