New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-11-26
AN INITIATION PARTY.
NEW POLITICAL MOVEMENT IN THE WEST

NEW POLITICAL MOVEMENT IN THE WEST
MEETING FOR THE ORGANIZATION or POLITICAL
PARTY ON A NATIONAL CURRENCY PLATFORM
SNAIL NUMBER OF DELEGATES PRESENT.
INDIANAPOLIS, Nov. 25.-Between fifty and
sixty gentlemen met here today to take measures TO
found new national political party, based upon ma
tiona currency platform. Horace Ii. Day Of New-Yok
Alexander Campbell OF Maine. Alexander Troupe OF
Connecticut aud J.. A. Wood OF Kentucky were among
the most prominent men in attendance. Thomas bu-
chanan OF Indianapolis was elected President; 10
Wood aud two Indiana men were chosen vice.
Presidents. A, committee of thirteen was appointed
to make q declaration OF principles end ia report
this hvening The platform is understood to be very
brief reafrlrmng In effect, the financial plank OF the
Indiana Independents for the adjustment OF the
National banks and the substitution OF legal tenders
and iutrocou notes. The preliminary nationai
meeting will be held in Cleveland. Ohio, IN March or
April next when the propriey of nominating Pfesi-
dental candidate will be discussed. Indiana, Illinois,
Michigan, New Jersey, Kentucky, New-YorE, and ONO
are represented Letters were received from GEO. T.
Drew OF New-Jersey, Henry Carey Baird OF Phiadel-
phia John A. Thompson Of West Virginia. and others
favOrng the movement
NAMES or sYNPATHIZERS WITH THE MOVEMENT
A PLATFORM ADOPED-CANDIDATEs FOR PRESi-
DENT AND vICE-PREsIDENr TO BE NOMINATED
AT CLEVELAND.
assembled at o'clock night. AMI addressed by
their Chairman the Hon. Thomas Buchanan. who also
read letters from q number OF gentlemen identified
with the movement, who had been invited To
attend, but could not be present. Among
them were the Hon. John A. Thompson or West viz
cina. L. Warrington Morrow OF OHIO, wallace H.
Broome of The Ne,c- YorL; Mercantile Bulletin. ID. A.
Mahoney of the Daily Telegraph. and Henry Cary
Baird. All OF these gentlemen warmly commended the
objects OF the meeting. and assured Mr Buchanan OF
their heartiest sympathy herewith and regretted that
circumstances prevented them being rr sent
The Committee appointed ut the morning session on
ORGANIZATION and declaration of principles made tie
following report:
In view Of the great snf'rncs to which many OF me
Industrial interests OF the now subjected by
reason OF past vicious le-i5ItJn III relation 10 thc
crinlnannS and cxiorona:e rates of tran
seoraon between the ylG,s mar a%d n ppns
discrimination in our rev me system by Whrn CERTAIN
other interests all OF which are evls demanding rIorn
ana after years 81 Importantly to existing parties no
70 the people by these parties. We
realize the necessity OF new an, t S1r toa
people. restrain tue aggre>slons OF combined clpa.
upon the rights ana interests OF tbe t'se' 10 reduce
ments of the Government. Your Committee. TO whom
was referred the subject OF setting ior,h uethla
a preliminary National Convention. have maureiy con-
sid red The same, ana believing that tne proper
that 1t directly indirectly affect all oiher economical
urstiuns before the people, Therefore Ne recon-
mend The following basis OF uuOn: ,,u
Frst-It Is the duly or The Government 10 estloSh
monetary system, Dlsed upJn pIOic talih ahi the
resources of the Nation in harmony with the genin1 OF
the Government, ahd adapie 10 the uGhdnu U icsI'ii
Irlto business 10 this Cni, circulating notes o. an
National aud ate banks, wen ~ all 0c CURRENCY
should rom circulation, ana Dipcr money
issued by the Government directly 10 th' people,
wi hont the lnierVeut!Cn OF w '.'nNrnS 49,
uDraLou which money shall be legal tender IN PtfhcIt
all do, lts
cIurrd THIS money 10 be Intcrcnan@ able al the
Onion OF hOlIcr "lth rcLstied OOFCFhArh5 uoda
bearing rate OF interest not exceeding 80 PER cont
Secona Tae interest on :ho present public d.bt ana
that portion Of the principal OF me sllHr "i,H - -,
tue press Terms VI Tue ia" creating IL Pay doc III co'h
shall b. pJl'. =, ,--, ,
Your COMMITTEES further recommend National COP
ol AL the people VINO can are 20 tne -, oo.
laac,u propU. Ul assemble az Cleveland, Olo' on
the lltn OF March, 1875. to perfect hdtiYnal
Tor holding u National Independent Conven!ion t.
nominate candidates ior President ana Nc~-ffcS,deHt'
all VINO iGliy ind"i5r the FOREGOING MSS va unCn
snail Dc cordially Invited to participate Inc sHu Oh
V0utiOn s4il DC a mass cinvcuuOI Out al 'HS Sote'
therein shall bo taacn ~ safes ana thai C4Ci D,o
shalt DO egt ", TO- ." in tne oaa
Your Committee !uir4 H"'i'H o. ~" i, 'Va
"a National EXccIVe COMMITTEE "ith power 80 odd 90
iue!r nulu .r aai 70 change the d'tt oi lao pftHbi-
mary NAt,onn Conyo utIOn II tie eAi-ehcy require, '"'
following Gtuletuch' =, =, %, .-..,,, r,.,uo,,
a. A. Cameron, CmcAso; H. NJ D'Ei'' IH''I
4elphIa; Thomas BuCIdnan, lhiIihip VA, j.. a.
Oitn4n Indanapolis j. >. C9HPo';i' ", t'ycI'I I,
I>llIe. Ky; A. H. O-S, Hleehh'I' loo; IL IL ar
Acx,ne.i Ind; Il A. Ta"mrso, d BH Sos ill
LAlIy ettc Ind; Joan \. Thompson, Sdhmit fViu' '"
Va; and 5. d. smith, K'na %"not. LII H.. Chairman
T. Il. BUCHANAN. IuditnipOis, crotaiN. -
Tue rcpor. Wa. afer considerable di'cds'ion' unan
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4 LITERARY CONTEST OF ILLINOIS COL