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

His Letter to tie Ne,c York Nationats---Ths
Necessity for Il Ne,c P0rty--lMettods for
Restoring Financial Prosperity.
1t was expected that Peter Cooper would
attend the New York national greenback
convention at Syracuse, but he sent the fol-
lowing letter and was not present:
GENTLEMEN OF THE CONVENTION: Having I
entered my 6Sth 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 solicita-
ton of some of your body to address few
words of counsel to your convention.
| am convinced the country needs a new
party such as you propose to inaugurate 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
concerted effort TO secure for the people III
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 mo icy ready 10 invest IL active
business, and trust TO production for its
], ''securities; more diversified and greater
degree of untailng employment for the in
dustrious and poor: and more practical edu-
cation among the masses of children VIII CHI
they can turn to account in the conduct "of
life. liberty, and the pursuit of happiness.
These questions must be made subject to
IN.
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 the
country. But it requires also G eat har-
mony and energy of action. as we'll as great
:. purposes and distinct principles 10 organize
a new party in this country and draw ma
iorlty OF the people to its support. Remem
ber, fellow-citizens, we are not merely ask
Il ing the people to accept certain principles OIL
$ which we propose to carry our party. but Il
"a accept such leadership as we have to offer
!, The man we put forward to the country, fol
its administration. must be approved 10
l character, honesty and ability, and such q.
l. will aim to harmonize the whole country b,
10 wise and conciiating measures. / be-
"a YOU, therefore. by every consideration of pa
lIictiSH, W ACT III t1e lJlllt VI our plIlCl
:, pies, which aim ut the happiness end pros
=, =, pel,ty of The whole people. Laying aside al
- "questions of doubtful dsputation, let u
= - aim, as the first thing, to restore financia
:, prosperity to the country, and set the wheel
4 of industry gong.
II, For this purpose we need, first and fore
most. among the measures we must insis
:, upon, the repeal of the resumption act,
- and of the "bank act, and the enactment G
~ a law making the national currency the sol
. paper money of the country, and a full iegt
81 81 tender for all debts public and private
~ Further, we must obtain a law, If possible
-, Immediately on he next meeting of Coz
=, gress, that the present national debt shall
~ paid off as soon as practicable in com. or III
IS tional paper nj coin valuation
dc to the precise amount that wS
40 in circulation as legal tendt
~ at the end of the war of the rebellion. az
az, Az afterwards was turned into .:long bonds
This money. to the amount of at least D.
!, 000,000,000 was justly earned by the poop
~ - to save the nations life. III which they giN
~ service, material and labor to the fu
- H. amount of the money The people nee
~ this money to revive their fallen industrie
- employ al the Idle, and call out the materi
49, resources of this great nation. Let us g
= this just concession from the rulers and lax
~, 5o makers of the people, and think ''all 9th
~ things viii be added unto us. The .righ
~, ~ of labor viii come with the revival OF j
- dusuy, aid the education of the children W.
~ ~ come from surplus wealth.
80, ~, Hoping and praying for wise and harmo
-, ious deliberations from your body of del
AZ ~, gates, to which the whole country is no
y, looking. / remain yours in the canse of Il
country. PETER COOPER.
- New York, July 10, is7s'