Tilden, Samuel J.

1885 LS to Treasury Secretary Daniel Manning from the loser of the closest US election until 2000!

Price: $125.00

Description:
(1814-1886) New York lawyer, leader of “Free Soil” Democrats from 1848, helped overthrow Tweed Ring 1868-72. Reformer State Assemblyman 1872-74, Governor 1875-76. As the 1876 Democratic presidential candidate he polled more popular votes than R. B. Hayes and 184 uncontested electoral votes to Hayes’ 163, with two sets of returns sent from Oregon, Louisiana, South Carolina and Florida. An Electoral Commission created to examine the contested returns awarded all the states to Hayes electing him president by one electoral vote. Tilden accepted the result to avoid civil unrest but always maintained he was wrongffully deprived of election. LS on his 8 x 5 dark red printed “Graystone/ Yonkers, N.Y.” letterhead, December 19 1885, 2pps (1st & 2nd pps of folded sheet), to Treasury Secretary Manning thanking him for, and congratulating him on, his report. DANIEL MANNING (1831-1887) Albany, NY journalist, NY Democratic Party chairman 1881-84. Played an important part in electing Grover Cleveland New York's governor in 1882 and in nominating him for President 1884. Secretary of the Treasury 1885-87 under Cleveland. The pressing issue of the period was how much currency should be in circulation and whether it should be backed by gold or silver. Conservative Eastern financiers urged a currency backed by gold, while Western speculators wanted currency backed by readily available silver. Manning advocated compromise currency based on gold and silver, redeemable in gold. A close friend of Governor Samuel Tilden, Manning served in the Democratic state leadership of New York and opposed the corrupt power of New York City’s Tammany Hall. On Tilden’s request, President Cleveland named Manning his Treasury Secretary, a selection that raised many eyebrows. Despite criticism of his nomination, Manning soon became one of Cleveland’s most trusted and skilled advisors. Fiscally conservative, he worked hard to preserve the Treasury’s cash surplus and increase its reserves of gold; he also pushed Cleveland toward a policy of tariff reduction.

Condition: Very good, light tape stains on blank p. 3
Type:Letter






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