New-York tribune., 1878-02-18
nav their exchange in that way because u would be for
their interests TO pay money Of the least value
PETER COOPER ON SILVER MONEY.

| PETER COOPER ON SILVER MONEY.
RECONCILIATION THE DUTY OF THIS AND OF OTHER
| GOvERNMENTs-A PLAN FOR PRESENT AND FU'
TURE ACTION.
Peter Cooper has issued an appeal to the
country n which he declares 1t to be "tEe duty OF our
Government TO remonetze silver and also to do all that
Is possible to done to induce those Governments that
have denonetized silver to remonetize the same ne
declares that the policy Of specie payments producing
similar condition Of wretchedness TO that wnich was
brought England by the attempt to force specie pay
ments that country after suspension OF more than
twenty years. He outlines policy for the present
emergency and for the future prosperity OF the people OF
this country" Its principal features are the following
Let the Government place the method OF giving DacK
to the people their money proposed as the best means
to give immediate relief to unemployed labor either
through such definite methods Of help giving to settlers
OF unoccupied lands in the West, by great and obv
public improvements which to be necessary
to the prosperity and safety of the country such as
Northwestern and q Southwestern railroad. Restore
the silver coinage legal tender aud while 1t swells
the currency, it may be made as light as paper Tor
transportation, by "bis OF exchange" or by cur
rency that represents silver Let us adopt permanent
policy OF public finance that shall hereafter control both
tho volume and the value of the national currency In
the interest OF the whole people, and not OF class Let
us promote and instruct industry all over the lana by
founding under National, State and municipal eDcour-
agement, industrial schools Of every kind that can a
vance skill in labor. The Government can do much
toward promoting the industry OF this people ana en-
cOuragng capital to enter upon works OF Manufacture,
by judicous tariff upon all imporatons OF whcn We
have the raw material in abundance, and the labor rea
to be employed in the production, Let us nave cNn
service well organized and specific as the military or
naval service"
In concluding his appeal, which made IN the eighty
eighth year of his age, Mr. Cooper says There Is ast
forming in this country arls0cracy or weaIt-tAe
worst form OF arisocracy that curse the prosperity
Of any country. For such an arIstoeracy has no
country absenteeism, living abroad, While they draw
their income from the country IS one OF It's common
such an aristocraeY is without soul and
without patriotism Let us save our country from ths
its most potent ani hope its last enemy There IS
section of country tnat needs so inncn
the reviyng influence OF an abundant and SOUND cur
rency as South The Southern people have the finest
natural that our country Affords every Iacty
Tor manufacture the material, labor and waterpOwtr
indefinite. They need only money, wisely distributed
among It's working aud entcrpr.s!ng populations and IL
was well said lately, by OF the Southern statesmen
that the Government had Impoverished, dscomllteu
and crushed the South by its financial policy since
peace was declared inun by its arms during the wnO.e
war OF the rcbelbOnV"