The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-10-20
PETER COOPER PRESIDING.
THE CONDITION OF THE COUNTRY
UNDER GRANTS RULE.
An Orator Exhibiting the Kind Of Coat thnt
lie has been Forced to Wenr while Grant
has been President OF the United states.

An Orator Exhibiting the KIND of Cont thnt
lie has been Forced TO Wenr while Grant
has been President OF the United states
The workingmen and women comfort
ably filed the large hall OF the Cooper Union
last evening, and listened to Cen Samuel r.
Cary, the Inhationists candidate for the Vice
Presidency. II Ia not supposed that any con-
siderable number OF the Generals hearers
would vote the Greenback ticket, but whenever
a speaker uttered the talismanic words, more
money" he touched a chord that vbrated into
the widest cheers. The venerable Peter Cooper
presided, with Gen. Cary on his right and DIR.
wocott OF pain paint celebrity on his left.
The venerable presiding ofiicer, on taking the
chair, delivered a discourse upon making the
circulating medium as un1uctuating as the yard
and the bushel measure, quoting Benjamin
Franklin, John c. Calhoun, and other political
economists. The vcnerai phllanthropist was
vehemently cheered as he took his seat
Mr.. william Hansen OF Brooklyn, the next
speaker, described the sufIlciency OF the wan
pun that was used as a medium OF exchange by
the aboriginal Indians and adopted by the
Massachusetts Bay colonists, and used by them
az currency for one hundred years. II was not
that the bits Of shell were worth money, said
the speaker, but simply that the colonists and
the aboriRines had confidence in the certainty
that the wampum would be redeemed at Its
current value. Further on he styled the ma
tional and State banking system as lesalized
robbery, which enabled men OF capt. i to reap
many per centum profit In times Of prosperity.
but ct the 1rst note Of panic IN commerci |
values precipitated distress upon the poor by
the inability OF moneyed institutions to meet
| the dem ands on their resources. A Govern
ment monopoly Of currency making, he SAID, is
| the ony remedy for the evil. 1t Is because this
Inns mi hp.n apnliad. n aat1. that thu
| poor are 50 poor and that the highways are
NIL with uamps. LOOK at this coat" said
cidedly thread6are outer glrment. lit has
been bound and reb b!und, lined and refined,
patched and stitched, buttonh oled, collared
and worn for seven years. simply because have
| not mai enough money to buy another"
| Early and late, the speaker continued, " l
| have ulonheed md hoed and paned and sawed.
| can build house or make watch. from its
| centre TO ITS crcumference. do my own
| chores, lose no time, spend no money on luxu-
ries or amusements, ana yet, In spite Of all
this industry and economy, | have not been
| able to save money enough, money more tn sn
was necessary for the support OF my family, to
buy new SUIT OF clothes in seven years"
Republicans. he said, are telling the people
| everywhere that this canvass turns upon ques-
ton OF war. They are waving the bloody SHIRT
| instead of the ragged shirt. rney were pre-
| senting these issues at a meeting ia ohio ie v
| days ago, speaker was turning thrilling
their grasp on the fruits OF the war, rough, tat.
| tere son OF the soil shouted, damn the war
| me Wner0 can get WOIk anu Duy some
| thing to eat"
That ought TO be the keynote OF this canvass,
G. ~. Cary continued, to learn how we can re-
| build the altars broken down by the war; how to
| restore trade. revive work, aud promote internal
| development. In the West business Is PROSTATE.
Illinois farmers are looking for judgment tn
| come In the shape of foreclosures OF the $50
10000 mortgages on the farm property in that
| State, IN ortgaRes payable In gold after 49, and
bearing 10 per cent. interest. Farmers can hardly
| make per cent on their capitol, aud that capital
| Is deireciatine Two per cent. a month. They are
| the life Insurance companies, which will soon
| have to turn into real estate AGENCIES to realize
| even u h ~ OF tn ir advances. Houses are rent
| Ing for half the taxes In Chicago and 81. Louis.
| ODD farmers, Joun the Bapti,ts whose brswDy
| arms cleared and opened up the wilderness, and
| ougbt now to be able to retire upon the frui
| OF their toll, are compelled to I'LL their own
| farms because their PROD ucts Will not y y the
| wages Of "A laboTer. Inc worAingmen, Gen
| Cary continued. complain that the policy Of
| the Government Is TO make rich men richer anu
| poor men poorer.
| hen sIeaking OF candidates and urging the
| claims Of the venerable Greenback candid te,
| Gen. Cary said "1he people think Peter Coop r
too old: Whs, sen,lemen," said Mr; Cary, point
ing to the venerable Chairman, "ll wager that
| Peter Cooper, old as he Is. can throw sam lii
| den as fass as ne can get up." The ludicrOus no
| tion Of the octogeuarian wrestling the vigorous
| champion Of reform was greeted with pro-
| longed shouts Of laughter.
Wewdut, Gen. Ctry said resumin0. more OF
| the tool Of tr4ue. Oar circulating medium Is a
| little more th4n hif that of France and l. y
| land, and just bali that Of Germany. ana yet
| our country Is many times more expansive than
| all the three, and so takes much longer time u
| make exchanges and transfers. We need more
| circulating medium tn "a those countries. The
| SOlqns OF finance demonetized silver. Garfield
| Of ONO, utOus man, who hates all dishonesty,
| Hwoke to ind tnat IL Is the natural disposition
| of man to CHEAT some odt, and he Is an excel
| lent Illustration VI tho truth of his own aphor-
|