New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-11-01

IalSeuOOuS ana ueluSlOns Oh INC duNOCdocS Va
imitation and fat money in o very effective
way.
ORGANIZING THE MEETING.
The audience at the Republican rally in the
Cooper Institute was large and enthusiastic teontained
number Of ladies and OF unusually high character
for political meeting. The instant that Thurow Weed
recognized crossing the platform general applause
burst FORTH followed by another hearty greeting when
the Hon. Edwards PierrepOnt appeared. Among those
the platform besides the vce-presidents and secre'
taries. Collector Merritt, Sheridan Shook,
Mrs. A. B. Cornell and Mrs. Case. A. b. Cor
hell proposed the name Of Clarence A. Seward for
chairman, and he was unanimously elected The names
Of seventy five vce-presideDts and wentyfour secre-
then read, and they elected. In the
list Of vcepresidents the names OF the Hon. Ham,
iltOn Fish, Ex-Governor Edwin ID. Morgan, General
John A. Dix Thurlow Weed, Elliot G. Cowdin william
f. Dodge Judge Fancher, Chauncey NJ. Depew, David
BOWS, Levi P. Morton, General Arson O. Me-
Cook Joel b. Erhardt, Jacob Hess, Lloyd
Aspnwall Joseph W. Harper Sinclair Tousey, the Rev.
Henry Highland Garnett, A. J. Dittenhoefer, Elliott f.
Shepard and Others.
sVR Crugcr read the following resolutions, which
were unanimously and enthusiastically adopted:
Resotred, That the Republicans OF New;York with full
cpes adopted by the Republican State on the
26h Of September and to the nomination then made OF
the Hon George f. Danforth for the Office OF Associate
Judge OF the Court Of Appeals we pledge our cordai
Resoiced. That in view Of the great danger which
threatens our city from the corrupt and dsspes rule o,
successfully made to unite all political elements opposed
to THIS common and We here tonSn v
Cooper for Mayor and do therefore, pledge 10 an I'M
acation The indications everywhere visible Of power
full uprising OF the people aud shall rejoice IN tne dev
OF city from the reign OF an eXtravaeant aho
INSCRIPTIONS oligarchy.
General Seward then made an address The most
pressing question OF this hour be said il that OF
finance, as 10 which there Is more than one heresy
aoa He spoke of the importance Of honest money for
the interests Of all classes In the community.
The folly of the flat money" idea was
shown and he called attention 10 the first issue OF paper
money by Congress IN 1775 and exhibited one Oh the
notes issued then. When 1t was rumored that these
notes would be redeemed Congress passed resou-
ton 10 the effect that this is false and derogaory 10
the honor of Congress-"
At the conclusion his remarks General Seward In
few graceful words introduced the peaker OF the
evening Edwards Pierrepont. The announcement OK
| Mr. Perreponts name was the signal tor
| long and hearty applause, which was renewed'
| vigorously when the speaker walked slowly
TO the front OF platform He stood there TOT several
minutes before the enthusiasm Of the audience would
permit him 10 begin his speech Mr. Pierrepont spoke
for an hour Illustrating his address by specimens OF
United States and Confederate currency, and oy lump
of pure gold He spoke with great elaboration and ear
nestness and was interrupted frequently with applause
EDWARDS PIERREPONTS SPEECH
FELLOw-C lTIZRNs: We have come TO talk
about money. Tne subject is not new, but the sub
stance is always attractive. II could show each one
of you how to make million OF dollars within two
years. pect that no one would grow lmpatlento Oh
drowsy or II with Aladdins Lamp could reveal to you
vault in the earth piled with heaps Of eod and should
warn YOU III at in Ave minutes the door would be shut
forever but that during those minutes you might all en-
ter and carry away as much treasure as yoe
could the strife would be immense, and feai
that the magic door would close over many
who in their eagerness had forgot the limit OF ume and
must starve to with plenty OF gold in their hands
Ihaye not the Lamp OF Aladdin. nor can tell you how
TO make great fortune in little time; but may, per-
hans say something which shall tend TO tighten the
laborer OF his toll through better understanding Ok
the principles upon which prosperity rests.
Quite early In the history Of civilization. was found
that men we're endowed with very different faeuites
some had skill IN the working of metals some In rude
tools and machinery some could make Doat ana
Others could sail it, and some understood the uage OK
the soil Finally. IL became apparent that n each woud
use the peculiar talent which he possessed me pfOducs
f the same hours OF labor would be largely increased
and the community proportonately enriched. Inc
sone-utter could cut coat, nor could the farmer
make a scythe; but each could supply bis wants ~
exchanging the results OF his espec'a work. anu nus
nv dividing labor according TO the faculties ana
Of different the aggregate product would be
changes were great The butcher mad siaus OF
which he wanted 10 SELL and fifty people wanted TO Guy
\ ANAL norton OF the beef. The wheclwright PAD
cart which the butcher wished TO buy but the owner VI
the cart wanted beef and least OF all enough 10 pay
for the cart SUCH and other inconvenience III making
exchanges led TO the invention Of money But money
would not answer the purpose of exchanging produeH
of value unless the money had also value eouia 20
easily divided without loss; would not perish WI"
the use and could be carried rom pi"oe
"a Mace The beef could be dvided but wouid soon
decay aud was not convenient to carry Ia the pocAe
MANY other things could be divided ana Not peIis ""'
the division would destroy the use aud the ouk u
weight would prevent them from being carried about
MONEY IN THE RUDE AGES
In the ruier ages and in the newer e0ohie-'-pea"s
shels bright plumage and skins were used as money!
and to-day sheep the currency among the great
tribes OF Central Asia and human life Is valued q,
more than hundred head Of sheep BY the statutes OF
NewYork It's extreme limit Of value five thousand dol
lara Reads made OF polished shells with much skill ana
labor by the Indians, were q legal tender In the
colony OF Massachusetts,, and the req men receives
them as money in exchange for furs; but the ~hts
man soon showed his superiority IN finance py III
aatng the currency with counterfeit bead made Oh cor
ra rood and caused collapse II the fret settlers
q, had been advanced In potieai SCI
ence as OF her descendants they might nave tuneu
the terfeit beads into nat money anu sos aons
for n while A Dutchman who had imnigrated 10 MAUI
haitian Island about this time, hearing OF the WOODEN
and learning that the English colonsts 81 Aass
chusetts we're very intelligent refused 60 let hs son 90
60 school at all he should become counterfee'
Homer speaks of the greenbaess Oh MS 'ime'
and gives the number of oxen which the armor OF Do
medes and the splendid rapplngs OF oauens COST
p, e carly gold and silver regarded as precious
metals and long before kings or emperos we're ever In
vented abraham weighed to Ephron for the cave OF
Machpeab shekels Of silver current money with the
The love of gold implanted in the nature Of man