The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1876-08-26
Gen. Cary's Letter of Acceptance.

The following letter addressed by Gen.
Samuel f. Cary to the National Executive
Council Of the Independent Party, accepting
his nomination TO the office Of vice-president'
will he read with interest:
ClScISSArI, Ohio, Aug. 18th, 1876.
Hon Moses W. Field, Chairman, and Hon.
Thomas J. Durant, Secretary, Of the Nat
ional Executive Council Of the Independent
Party:
GENrIEMES-Your formal notification Of
nv nomination for the office Of Vice President
Of the United States is before me, together
with the admirable platform adopted by the
Indianapolis Convention.
| sincerely thank you for associating my
name with that Of Peter Cooper to represent
a party orgamzed to resist the efforts now
being made to establish q monied despotism
more cruel and memorable than ever was the
| slave power.
| regret that the committee did not concur
with me that my place to render the most ef-
ficient service was as private in the ranks
and not as leader.
The public mind was saturated with mali
cious falsehOods during my canvas in Ohio
last Autumn by venal press in the interest
Of monied corporations and the large holders
Of Government SC securities. These probably
will lie repeated to divert the minds of the
people from tine real issues. | would have
preferred that our cause should have been IN
embarrassed by any personal considerations
or any suspicion Of personal ambition. l
would have preferred that Peter Cooper
should have stood alone upon the ticket to
represent our principles, and that his name
alone should be our battle cry. Your Pres
idential candidate is invulnerable. His name
paralyEes the tongue Of SANDER His wealth,
accumulated not by trickery and fraud, but
by wise and successful development of in
dustrial enterprises. has shUwered blessings
upon thousands as well as upon himself.
With his candidacy the vilest spirit OF de-
traction has been able To find no fault, except
that he is too old The people will pardon
that offense and recognize him. living or dead,
as fit representative Of their principles.
My opinion was that my place in this strug-
gle was not post Of honor, and yield, not
without misgivings, to your wishes, and ac-
cept the position assigned me.
] stand squarely on the resolutions reported
by the Committee (of which | was q MEM
ber) at the late Ohio State Democratic Con-
vention, and which harmonic fully with the
platform of the independent Party.
That no man can mistake my position,
declare:
LIST. That am in favor of restoring the
silver dollar to it's old position as the unit Of
value
I'd. That all National bank notes should
be withdrawn from circulation.
Sd. That Paper Money should consist excia-
sirely of notes issued by the Government,
with such legislation would cause them TO
be fully equal in value to the specie dollar,
| under all circumstances and throughout all
time.
4th That Interconvertible Bonds OF the
Government, bearing an equitable rate OF In
terest, should be issued 50 that the money
circulation may be determined, not by an ar
bitrary law of Congress, nor by q board OF
National Bankers, but by the laws Of trade
and commerce; or, in other words, by the
demands Of business. The gold basis of a
currency is a sham and a cheat. The true
basis is the National credit represented by
interest bearing bonds.
Stripped Of all DISCUSSES, the point at issue
is, whether the National banks shall furnish
all the currency, or whether 1t shall be sup
piled by the Government. Both the old par
ties are distinctly committed to the policy Of
an unlimited issue Of National bank notes
and the withdrawal and cancellation of all
Government currency The widest initiation
of National bank notes is provided for in the
Resumption Act, which both parties are In
favor Of, differing only as to the time when
the work shall he completed
/ shall avail myself of an early opportuni-
ty to print an address to the people OF the
United States, showing the causes which
have brought the business men TO the verge
Of bankruptcy and the working Glasses to
starvation; causes which, if left to operate,
must result in financial embarrassment and
rum to individuals, to corporations, to munie-
ipalities, to the States and the Nation, show
ing also that the policy of the Independent
Party is the only one that can bring saliva
ton. Even if we do not attain complete
success, we shall rally force Of earnest,
true men in each of the States which will be
standing menace to whichever party succeeds
in the election, and prevent its accomplishing
the purpose to which both are now pledged.
have the honor to remain, with great re.
spect, very truly yours,
SAMUEL F. CARY.