Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1875-03-12
GREENBACKS.
Firss Days Proceedings OF the COnvssi.
ttOn Of she New ParIy-AnoIher
Political AbOrtIen-aO Room
for It.
The Platform OF FzsneiPIes-EO Bond
Paying Interest, and National
Banks Receiving DOaS, 1'n-
teTest-Ese., Etc.

CLEVELAND, March ll.-AbOut sixiv
delegates, representing twelve States
and the District of Columbia, assem- bled
at Halles hall this forenoon, with a
view to forming new independent DO
litiesl party. The convention was called
to order by E. A. Olleman, chairman Of
the national executive committee ar-
pointed by q previous convention held at
indianapolis, November %, 1874. The
call for the meeting was read by J B.
Buchanan, secretary Of the executive
committee. The call sets fOrtf, as the
objects of the meeting, the preparation
Of q platform for the proposed party, and
the fixing OF the time and place of hold
ing future convention, which shall
nominate candidates for President aud
Vice President upon the following basis
of union:
F1rst-It is the duty Of the govern
ment to establish a monetary system
based upon the faith and resources OF
the nation, in harmony with the genius
of this government, sud adapted to ire
demands of legitimate business. 10
this eud the circulating notes OF all Ma
tiOnal and State banks, as well a5 all To-
cal currency, should be Withdrawn from
circulation, and paper money issued
by the government directly 10 the peC-
pie, without the Intervention OF anv sys-
ten OF banking cOTpoTatiOIs, u high
money shall be q legal-tender ia pay
ment Of all debts, public and private,
duties on imports included; this money
to be interchangeable at the option Of
the holder with registered government
bonds bearing rate of interest not ex-
ceeding 8 IS per cent. per annum.
SecOnd-The interest of the present
public debt, and that portion of the prin-
cipal Of the same which is by the ex-
press terms of the law creating it paya-
bic in coin, shall be so paid.
A permanent organization was effect
ed by the election Of Professor HOOtop,
Of Illinois, chairman; J. T. Campbell, OF
Illinois; Z. w. Campbell, cOlOred, Of
Virginia, and r. j. Trevellick, of Mich
lgRn, Yice-presidents, and A. G.. Cam
erOn, of Illinois, secretary.
A committee Of one from each State
was appointed on resolutions, to which
n4mOer Of resolutions were read aud
referred, including the following, in sub
stance:
That congress should provide for river
and harbOr appropriations as objects Of
national concern, when necessary for the
safety and convenience of commerce;
tnat the government should secure t.
all citizens their inallenable rights eX-
| cept when by valid legislation deprived
thereof by means of crime; that the re-
cord OF old political parties il such as
forfeit the confidence and respect Of the
| people; that the committee ON plat
| forms conform itself to the sub
/ iect OF national paper money,
! and that the convention limit
/ itself to this matter exclusively; that the
/ productive industries Of the country
| should receive the greatest possible pro-
lection and support OF the government; {;
| that the present revenue laws are un-
/ just and unequal, and that more just
methods Of raising revenue should be
| adopted; that the national banking law
| has established q monopoly oppressive
| to the people, dangerous to their HOer-
| ties in its influence on the press
and State and national legisla-
ton, and demanding its repeal;
! appealing to the American people TO
break loose from party trammels and
unite on the basis Of a government
whose legislation and administration
shall protect the industries of the nation
from the avarice Of capitalists.
Several speeches were made, and the
convention took q recess till the after
noon.
On reassembling the convention was
| informed that the committee on resOiu-
tiOns would not be ready to report until
tomorrow morning.
A general discussion of subjects before
the convention then took place. st.
Louis was selected as the place for hold
Ing the next meeting, the time not being
decided on.
Adjourned till ten o'clock tomorrow
morning.