Martinsburg independent. [volume] (Martinsburg, W. Va.) 1875-1900, 1876-08-26
THE GREENBACK CANDIDATE.
Cary's Letter of acceptance.
CINCINNATI, OHIO,
August liz. 1915.

Hon. Moses W. Field, Chairman ;
Hon. Thomas j. Durdnt, Secretary
National Executive Council Of the
Independent Party:
CONTAMINATION formal noti-
fcation Of my nomination for the
office of Vice President Of the
United States is before me, togeth-
or with the admirable platform
adopted by the indianapolis Con-
vention. / sincerely thank you
for associating my name with that
of Peter Cooper to represent a par
ty organized to resist the efforts
now being made to establish a
monied despofism more cruel and
memorable than was ever to slave
power. / regret that the Conven-
ton did not concur with me that
my place to render most effective
service was Is q private in the
ranks, and not IS a leader. The
public mind was saturated with
malicious falsehood during my
canvass in Ohio last Autumn by a
venal press, in the interests OF
moneyed corporations, and the
large holders of government secu-
rites. These probably will be re-
| peated to divert the minds of the
people from the real issues. /
would have preferred that our
cause should have been unembar-
rassed by any suspicion of peroo-
nal ambition. / would have pre-
ferred that Peter Cooper should
have stood alone upon the ticket
to represent our principles and
that his name should be our battle
cry. Your Presidential candidate
is invulnerable. His name para
lyzes the tongue of SANDER. His
wealth, accumulated not by trick
cry and fraud, but by a wise and
successful developments of indus
trial enterprises, has showered
blessing upon thousands as well as
upon himself. With his candida
cy the vilest spirit OF detraction
has been able to find no fault ex-
cept that he is too old. The peo-
pie will pardon that offence, and
recognize him, living or dead, as a
fit representative of their princl-
pies.
My opinion was that my place
in this struggle was not in a post
of honor, and / yield, not without
misgivings, to your wishes, and
accept the position assigned ne
/ stand squarely on the resolutions
reported by the committe(of which
l was a member) at the late Ohio
State Democratic Convention, and
| which harmonic fully with the
platform of the Independent par
ty. That no one car mistake my
position, l declare:
First. That | am in favor OF re-
storing the silver dollar to its old
position as the unit of value.
Second. That all national bank
notes should be withdrawn from
circulation.
Third. That paper money should
| consist exclusively of notes issued
by the government, with such
legislation as would cause them to
be fully equal in value to the spe-
Gle dollar under all circumstances
and throughout all time.A
Fourth. That interconvertible
bonds of the Government, bearing
an equitable rate of interest should
be issued, so that money circula-
ton may be determined, not by
an arbitrary law of Congress, nor
by a board of national bankers, but
by the laws Of trade and COM
merce, or, in other words, by the
demands of business. The gold
basis of a currency is asham and a
cheat. The true basis is national
credit, represented by interest
bearing bonds. Stripped of all dis
guises, the point as issue is whether
the national banks shall furnish
all the currency or whether il
shall be supplied by the Govern.
ment.
Both the old parties are distinct
ly committed to the policy of al
unlimited issue of national bank
notes and the withdrawal and can
collation. of all government cur.
rency. The widest initiation o.
national bank notes is provided fol-
in the Resumption act, which both
parties are in favor of, differing
only as to the time when the work
shall be completed:
1 shall avail myself of an early
opportunity to print an address t.
the people of the United States
showing the causes which have
brought business men to the verge