Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1878-07-29
r. COOPER.

His Letter to the Near York Nationals---Ths
Necessity for q Ne,c Party---Mettods for
Restoring Financial Prosperity.
1t was expected that Peter Cooper would |
attend the New York national greenback |
convention at Syracuse, buthe sent the fol.
lowing letter and was not present:
GENTLEMEN OF THE CONVENTION: Having
entered my sSth year, with the natural in
frmities incident to that time of life, and
which prevent me from taking an active part
| in your deliberations, have yet SO much
personal interest in the results of your action
and resolves to the welfare of our distressed
country, that have yielded to the soliclta-
ton of some of your body to address few
words of counsel to your convention.
am convinced the country needs new
party, such as you propose to 1naugurate IN
this country. New and important questions
of public policy have come up, with which
the present organized parties feel unable or
unwilling to grapple These questions have
reference to the currency and financial policy
of the government; the clearer recognition
and definition of the rights of labor, and a
4 concerted effort to secure for the people in
each State more universal and useful form
of public instruction in matters that concern
the practical and every day life of the people.
These are the present felt wants of the peo-
ple-more INC icy ready to invest II active
business, and trust TO production for its
!, securities more diversified and greater
degree of unfaiIing employment for the in
dustrious and poor: and more practical edu-
cation among the masses of children VIII Oh
they can turn to account in the conduct "of
life. liberty, and the pursuit of happiness
. These questions must be made subject to
party consideration and action IN this coun-
= try; because they require the best concerted
!, wisdom of the people, a majority consent
:. and the whole wealth of the commonwealth
" to carry out the purpose and application OF
such principles in the government of tn,
country. But it requires also a 6 eat har
mony and energy of action, as we'll as grea
), purposes and distinct principles to organic
new party i'll this country and draw ma
iorty of the people to its support. Remem
Der. fellow-citiZens. we are not merely ask
n ing the people to accept certain principles O
s. which we propose to carry our party, but I
fe accept such leadership as we have to oifel
), The man we put forward to the country, fo
its administration, must be approved fe
u character, honesty and ability, and such q
n will aim to harmonize the whole country b
40 wise and conciliating measures. | be
I'd you, therefore, by every consideration of ps
:, triotism to act in the spirit of our prime
r. pies, which aim at the happiness end pro
ha per,ty of the whole people. Laying aside 9
~ 'questions of doubtful disputation," let .
- aim, as the first thing, to restore fnanci
y, prosperity to the country, and set the vince
"a of industry gong.
~. ~ For this purpose we need, first and for
most, among the measures we must insi
=, upon, the repeal of the resumption act
-. - and of the '.bank act and the enactment,
~ a law making the national currency the SO
~ paper money of the country and full leg
81 tender for all debts. public and privat
IN Further, we must obtain law, If posslb
~ Immediately on the next meeting of Go
~ gress, that the present national debt shall
81 paid off as soon as practicable IN com, or q
of tional paper ut coin valuation
~. to the precise amount that W
loa in circulation as legal tend
,uS at the end of the war of the rebellion. a
We ae afterwards was turned into ''long bonds
" This money to the amount of at least s
-, 000,O00,0O0, was justly earned by the peol
~ to save the nations life. III which they 81
-, service, material and labor to the f
- amount of the money. The people ne
~, this money to revive their fallen industri
-, employ az the idle, and call out the mater
a. resources of this great nation. Let us {
TAD tnlS JUST concession from tile ielefS anu Ia
..,a makers of the people, and think ''ail oil
' ~ things will be added unto u.s." The ''rigl
,..,i of labor will come with the revival of
Iu, dustry, ard the education of the children
~ ~ come from surplus wealth.
, ana Hoping and praying for wise and harm'
%. %, ious deliberations from your body of ds
laa gates, to which the whole country Is n
r rsu looking. remain yours in the cause of
country. PETER COOPER
- New York, July 19, 1873,