The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-05-20
The Venerable Philanthropist on the
Condition of the Country.
THE VITAL ISSUE IN THE COMING CAMPAIGN.
Commercial Depression Directly Trace.
able to Contraction.
THE MODERN SEARCH FOR A MAN.

81 think Grant has better chance than anybody else
don't object a thlrdterm 1t isn't the length of
time so much the If Grant second
Washington, should think il good idea rc-clcct
him. But he isn't If l to suggest any change
Mt all in thatsdircotion It would be have but
term-a longer than four years-and then make 1t
Impossible for President TO be his own successor.
That being the law the incumbent instead OF worrying
about denomination a desire get out with for
tune, would be naturally DESTROYS OF leaving good
impression that late in life, he might perhaps, BIO
recalled TO that exalted station"
RgPoRTER-From tho emphasis you laid on the
words "the man." just now, infer that you are like
Mcssrs. Adams and woed-looking for the .Grcat I'm
known" Tho Western convention seemed TO think
you might be he.
Mr.. CoorER-Yes; | see l sce God knows love
my country would cheeruly lay down my life Tor
her in this dark hour OF her need The terrible con-
dton OF affairs is well calculated TO stir every senti
OF patriotism and regard has in his breast
The end is not yet Half
MoRTGAGED,
and mortgages can't pay the interest Let me
give you specimen brick. Some time since friend
OF mine purchased property for $4,000 He had
mortgage II OF 900. He didn't comply with tho
terms 1t was advertised for sale. He attended. The
only bidder the mortgagee who bought the 5000
properly for $500 cash. and holds the 500 600
property and the bond for So, 500 besides
'Evcry OF It, until it takes the last drop OF blood
in his debtors body. Now, that's nice state Of
things ISN'T il? And it's what we all coming
to. Labor is too high Everything else is depressed,
and yet the
encouraged by the great body Of workngmen and by
of the inconsiderate press know what labor is
began life worker and from my 81 so day saved
and saved until went into business and amasscd
To keen m In ne long a. asst So
with the honest and industrious men of to-day. They
work and lay by something Tor rainy day, but pres
entity strike comes They thrown out OF york
and the hard earned money they carefully put away
wasted supporting lot of lazy fellows whose only
claim that they belong to the union. it's all wrong
and very terrible, but the
''when at war; struggling for the life of the
nation sacrifice was great To save the country
was our first and constant thought. We did right to
borrow gold and silver long could and then
did right to issue certificates of Indebtedness until
peace and then the borrow ng should cease We
had then in circulation about So 600, 600 900;
have about $500 600 900 $500 600 000 Look at the
stupendous, the ruinous diffcrcncel How
expect 20 prosper with this state Of thngss The
$4,000 600 the price OF the nations life 1t
should be restored to circulation again. 1t
should be made the never changing never fuctuatng
standard Of value, increased or diminished only per
capita with the growth OF our population"
GOVERNOR nLpEN.
REroKrgR-The politicians rather avoid the serious
aspects of this question. Have you spoken with Gov
ernor Tilden on the subjectS
Mr. CooPER-oh, yes called Mr.. Tilden few
days ago and left with him address was to have
read, and which was read, at the indianapolis Conven-
tion. As l did So l said:-sMr Tildcn IL you
stand on this platform it will afford very much
pleasure to do what can to make you President"
But he has other things to think Of All these poll
ticaus are thinking of self and how to advance their
own prospects. Mr.. Tilden is well meaning man. but
he take stand this question If he hopes be
supported by thinking men.
MAN.
REroRrER-who is the coming man in your opinions
Yoursefg
Mr.. CoopEE-Heaven knows, l would mako any
sacrifice for my country; but old.
eightyeight years old and would hardly live reach
the place. let alone the end OF the term. oh, no.
wrote the Convention that admonished by the
nrmities of age-although am in better health than
have been IN twenty years-,hat must decline, and
did. They have nominated Mr. Allen who is an OK
rcent candidate and will develop strength that will
surprise tho critics. There will be enough voters
leave the party ranks elect the third party candi
date unless action which relief is taken at the
conventions
RgPoRrER--How about Grant?
MI toOPkk-On, GranL wrote 10 Grant long ago
in relation the subject | told him then that the
who left their parties having faith his leader
ship, would stand by him again II he placed
himself right this vital question. We look
too much at and forget the neces-
,ity OF looking at principles. The constitution
shows what to do. Nowadays people know very
iittle about the constitution and less That
mont is chart by which the way to prosperity al
ways be found. 1t expressly directs the government
a
government shall coin money, and that monoy-not
necessarily gold sveris be receivable for taxes
duties and debts Of every kind When we borrowed
money Of the people issued these evidences debt
and their Withdrawal is the chief OF financial
distress. Tho depression affects all alike and am
glad find that the ranks OF labor throughout the
country thcrcis not only appreciation Of the act
that our trouble is properly chargeabIe 10 the none
tary mistakes OF Congress. but also an intelligent
understanding OF the desired remedy. have been in
correspondence with trade unionlsts all over the
country and find very gratifying response to these
suggestions. You may depend upon IT, If the two
great parties ignore the central feature Of tho
paign,
will take tho matter In their hands and elect the
ticket of their choice The present condition Of
affairs is unbearablc Where will all end is easily
seen Mortgaged property closed stores lazy strikers
living the little savings OF the industrious, bust
paralyzed, while idcness and extravaganza
waste substance. We need return TO
tho solid foundations Equity demands the
turn 10 the people OF that amount Of money
which in their hands the close tho
war, and what equity demands should always DO
granted Why ] sat next 10 Jones. vi the Times al
the Chamber OF Commerce dinner the other day and
went all over this question with him. He asscntcd
went along, and then said:--'You correct Mr.
Cooper; this is all you say. but say
the Times" The fact Is the papers subsidized with
out knowinglt; absolutely overshadowed by the power
and wealth OF great corporations Both ends
wrong
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