The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1876-08-12

We therefore establish the Independent
party, and declare its principles to be as fol-
lows:
l. II is the duty Of the Government
establish monetary system based upon the
faith and resources of the nation, in harmony
with the genius of this Government, and
adapted to the demands of legitimate bust
ness. To this end the circulating notes of all
National and State banks, as well as all local
currency, should be withdrawn from circula-
ton, and paper money issued by the Gov
eminent directly to the people without the in
Intervention ofary system Of banking corpora
tions. which money shall be a legal tender in
payment Of all debts, public and private,
duties on imports included, Except that por-
ton of the interest and principal Of the pres
ent public debt that is. by the express terms
of the law creating it, made payable in me-
tallic money, shall be so paidl. This money
to be interchangeable, at the option of the
holders, with registered government bonds,
bearing a rate of interest not exceeding g. IS
per cent. per annum.
2. This system Of finance will, by stimu-
lating our industries and commerce, soon
make the United States the depository Of the
precious metals Of the world.
The adoption Of this system, by fur
nishing Sufficient money at low interest, will
solve the question OF cheap transportation,
because it will enable the railroadt and car
rying trades to relieve themselves Of their
loads of debt, lower their rates, and enable
the people to construct additional lines when
ever internal commerce may require.
4. 1t is the duty of the Government, in
all its legislation, to keep in view the full de-
velOpment OF the agricultural and mineral
resources OF our country and its manufactur-
ing interests.
5. That the great interests Of productive
| industry claim their Just recognition at the
hands Of the Government, and through the
monetary system here proposed all these in
terests can be fully secured.
6. That as the public domain is the right
full heritage of the people, it should not be
distributed to Spectators or corporations but
reserved Tor actual settlers.
I. That it is the duty of the Government
to equalize the bounties of soldiers, and to
bring to a speedy settlement all other just
claims arising out Of the late war.
s. All rights, privileges and immunties
recognized by the Government should be
based on the fact Of citizenship, equal rights
before the law being secured by the constitu-
ton.
9. That we demand and insist upon severe
retrenchment and economy in all branches of
the public service.
10. The rivers and harbors being under
| the jurisdiction of the Government, should
be by it improved when necessary to the
commerce of the people.
ii. Through the monetary system herein
proposed, there will be established between
the citizens Of this country, East, West,
North and South, firm and lasting bond Of
union, by giving a common interest in com
mou Government, and bringing peace and
prosperity to each and all Of its inhabitants
IL. AS all special privileges, immunities
and powers conferred on corporations OF any
kind or nature are granted at the expense Of
the people, these privileges and powers must
be held subordinate to the rights Of the
people, and subject to the supervision ant
control of the power creating them.