The Russellville Democrat., 1876-09-14
DEMOCRATIC
 pEATEOlfM.

DltNs tlb HGlSt'9 otNtss4H V NttN tENf ministration of the Federal Gov ernment to be in great need of immediate reform. Do hereby enioin upon the nominees of this Convention, and of the Demo cratic party in each state, q zeal ous effort and co operation to this end, and do here appeal to our fellow-citizens of every form of political connection to undertake with us this first and most press
 ing patriotic duty for the Democ- racy of the whole country, we do here rcatfirm our faith in the per manence of the Federal Union, our devotion to the Constitution of the United States with it's amendments universally accept cd as final settlement of the controversy that engendered the civil war-and do here record our steadfast confidence in the per petuity of republican self-govern ment. in absolute aequiescenee in the will of the majority, the vital principle of republics; in the su- premacy of the civil over the mil itary; in the two-fold separation of the Church and State, for the sake alike of civil and religious freedom; in the equality of all citizens before just laws of their own enactment; in the liberty of individual conduct unyexed by sumptuary laws; in the faithful education of the rising generation, that they may preserve, enjoy and transmit these best conditions of human happiness and hope, we behold the noblest products of . hundred years of changeful histo- ". But while upholding the bond of our Union and great charter of these, our rights, it behooves 8 free people to practice, also, that eternal vigilance which is the price of liberty,
 Reform is necessary to rebuild and establish in the hearts of the whole people the Union eleven years ago happily rescued from the danger ofa secession of States, but now to be saved from a cor. rupt centralism, which, after in
 aicting upon ten States the rapac- ity of carpet,bag attorneys, has honey combed the offices oT the Federal Government itself with ineapacity, waste and fraud; in feeted States and municipalities with the contagion of misrule, and locked fast the prosperity ot industrious people in the paraly- sis of hard times. Reform Is nee. essary to establish a sound eur rcncy, restore the public credit and maintain the national honor. We denounce the failure for all these eleven years to make good the promise of the legal tender notes which are 6 changing stan
 dard of value in the hands of the people, and the non-payment oi which is the disregard of the plightod faith of the Nation.
 We denounce the Improvidence which, in eleven years of peace, has taken from the people in Federal taxes thirteen times the whole amount of the legal tender notes and squandered four times their sum in useless expense without accommodating any reserve for their redemption. We de nounce the financial imbecillty and immortality of that party which, during eleven years oi peace, has made no advance to- ward resumption, no preparation for resumption, but instead has obstructed resumption by vast ing our resources aud cXhausting all our surplus. income, and while annually professing to intend q speedy return to specie payments, has annually enacted fresh hin drances thereto. As such hin drmccs, we denounce the rosump- ton clause of the act of 1875, and we here demand it's repeal. Ne demand a iudicious system oi preparation by public economies, by official retrenehments, and by wise finance which shall enable the Nation soon to assure the whole world of it's ability and its perfect readiness to meet any ol it's promises at the call of,a cred itor entitled to payment, We be- lieve such q system well advised and, above all, entrusted to com petent hands for execution, creat- inc at no time an artificial scarci- ty of currency, and at no time alarming the public mind into withdrawal of that vast machin- cry of credit by which ninety five per cent. of our business transac, lions are pcrformed-a system open and public, and inspiring general confidence-wo would. from the day of it's adoption, bring healing on its wings to all our harasscd industries, set ln mo ton the wheels of commerce, manufactures and the mechanical arts, restore employment to labor, and renew in all it's sources the prosperity of the people. Reform is necessary in the sum and mold of Federal taxation, to the end