Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1876-05-26
National Convention OF the Indepen.
dent Party.

/ NutiOuut OUuNtHbiOu VI 'bub lHutVtH'
dent Party.
THE National Independent Convention
met at indianapolis on the 18th. About
$50 delegates were in attendance.
The Hon. Ignatius Donnolly, Of Mime
sofa, was chosen temporary Chairman
and made a short speech on the financial
! question. A permanent organization was
effected by the election of Hon. Thomas
j. Durant, of the District of Columbia, a,
permanent President, and n number OF
| Vice Presidents and four Secretaries
On taking the chair, Mr.. Durant deliv.
cred o somewhat lengthy address, mainly
devoted 10 the currency question. He re.
viewed the financial history of the coun.
| try, and from its lessons drew the conclu.
sion that National paper currency,
based on the credit Of tie Government
and made receivable for all forms of taxes,
duties and debts, and convertible into in.
terest. bearing bonds, at some equitable
rate of interest, and recoverable into
currency at the will of the holder, will
secure uniformity of value to degree
| that gold has never attained, and conduCe
10 the general business prosperity of the
people of the country. The reading OF
this address was frequently interrupted
| by applause
AT the session on the 18th, the following
| platform was adopted:
The Independent party is called into existence
by the necessities oftho people, whose industries
are prostratcd, whose labor Is deprived Of its Just
reward by aruinous policy, which the Republican
and Democratic parties refuse to change; and In
view of tue failure Of these parties to furnish
lief TO the depressed Industries Of the country,
| thereby disappointing the just hopes and expecta-
| tons OF suffering people, we declare our prnci
! pies, and invite all Independent and patriotic
men TO Join our ranks In this movement for
| financial reform and industrial emancipation.
/ We demand the immediate and uncondi-
tional repeal of the Specie Resumption act OF
| Jan. II, 1875, and the rescue of our industries
| from the ruin and disaster resulting from it's en-
forcement; aud we call upon all patriotic men TO
organize in every Congressional District OF the
| country with the view Of eecting Representa-
| tives 10 Congress who Will carry out the wishes
of the people In this regard, and sop the pres
ent suicidal and destructive policy of contrac-
tiOn.
2. We be ieve that a United States note, issue d
directly by the Government, convertible on de-
mand into United States obligations bearing
lees rate OF interest, not exceeding cent day
on each 500, and Interchangeable for United
States notes at par, Will afford the best circulat
ing medium ever devised. Such United States
notes should be a iull legal-tender for all pur-
poses, except for the payment OF such obligations
as arc by existing contracts expressly made pay.
able in coin, aud we hold that 1t is the duty OF
the Government to provide such circulation for
| the Nation to whom 1t belongs.
3. IL is the paramount duty Of the Government,
In all its egislaiion, to keep in view the full de.
| yelOpment Of all legitimate bu- u-iness-agricultur.
al, mining, manufacturing and commercial.
q. we most arDestly protest against any further
| issue Of gold bonds for sale in foreign markets,
| by which We would be made, for a long period,
| hewers OF wood and drawers Of water to foreign.
crs, especially a. the American people would
| gladly and promptly take at par all the bonds
| which the Government may need TO sell, provided
they nre made payable at the option the holder
and bearing interest ut 65'l0J per cent. per an
| mn aNtr n "a
3. We further protest against the sale OF Gov.
! ernment bonds for the purpose of purchasing sill
| yer to be used "a Il substitute for our more con
| yenient and less 1uctuating fractional currency
| which, although well calculated to enrich the
owners of silver mines, yet in It's operation, will
still further Oppress in taxation, an already over
| burdened people.
The following resolutions were also sub.
sequently adopted:
| Whereas, The people OF this Nation are
obliged TO pay every obligation whatever in coin,
the option ut the time such obligation was made o
paying in either gold silver and since that time
the right to pay with silver, which is now the
cheaper OF said metals, having been Cancelled by
the act Of February II, 1873, demOnetizing the
silver dollar in fraud OF the wishes OF the people
We, therefore, demand that the silver dollar, OF
| four hundred and twelve and iyc-teuth grains
weight and nine parts full metal, which was full
egul.tender for all purp for more an eighty
years in this country, shall be restored precisely
| TO what 1t was during the time the obligations
were made which it was fully competent to pay,
so the people may use 1t for making such pay.
ments as they choose.
| ReSOiped That this Convention utter its solemn
protest agsinst any further subsidies to the rail
road corporations either in the shape of grants OF
public domain, or of the guaranteeing OF bonds to
build ard construct said railroads.
The first ballot for candidate for Presi-
dent of the United States resulted as fol-
lows: Peter Cooper, oi New York, 800
ex-Gov VIM. Allen, of Ohio, 81 ex-Gov.
Curtin, of Pennsylvania, So; Alexander
Campbell, of New York, 2. Mr.. COOper's
nomination was made unanimous.
Newton Booth, of California, was then
nominated for Vice President, on the first
ballot, and his nomination was made
unanimous.
A motion was adopted for a committee
of five to issue an address to the people of
the country.
Adjourned sine die
The National Independent Executive
Committee organized on the afternoon of
the 18th by electing Moses A. Field, of
Detroit, Chairman, and Thomas j. Du-
rant, of Washington, Secretary. An Ex-
ecutive Council, consisting of the Chair
man and Secretary, w. p. Groom of New
York, f. w. Hughes of Pennsylvania,
and Alexander Throop, was appointed,
and the committee adjourned.