Daily press and Dakotaian. [volume] (Yankton, Dakota Territory [S.D.]) 1875-1880, 1876-06-29

. meut III the ilberty oil individual con
duct unsexed by sumPtuary laws; il
J, the faithful education of the rtsin,
u ,tEencratioIi, ttIIt they may preserve
4 enjoy and transmit those best condi
tons OF hunf:sn happiness; and W,
hope we behold the noblcst product
of a hundred years Of ehangeIul his,o
ry. But while upholding the boud i
I: our Union and great charter Of tbes,
our rights, it behooves free peopl,
to practice also that eternal vigilanc.
i which Is the price Of liberty. Reform
Is necessary to rebuild md establish
sn the hearts of the people, the Unloi
eleven years ago happily rescued from
i danger. Acorrupt centralsm which
after inflic,ing upon Ten states the
rapaci'y Of carpet bag tyranny, has
honeycombed The offices of fedora
government itself with incapacity
waste and fraud; inflicted states and
municipalities with the contagion ui
misery, and locked fast the prosperity
oi an industrious people in the paraly.
SIS of hard times.
Reform is necessary to establish a
sound currency, restore the public
credit and maintain the national hon
or. We denounce the failure for all
these eleven years to make good the
Lpromise of the legal tender notes
which are changing standard Of
value in the hands of the people, aud
the non payment of which is Asre-
Egnd Of the plighted faith Of The ma.
ton. 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 this sum in useless expense
without accnmulating any reserve for
their redemption. We denounce the
financial imbecili,y and immortality il
that party which during eleven years
OF peace has made no advance towards
resumption, no preparation for re-
sumption but instead has obstructed
resumption by wasting our resources
and exiansting all our surplus income
and while annually protesting TO in
tend speedy return to specie pay
ments has annually enacted fresh him
drances thereto. As such a hindrapce
We denounce the resumption clause Of
the act of 1919 and we here tlru1ana
its repeal. We demand lutiicious
system of preparation, by public eco
Monies, by official retrenchments and
by wise finance, which shall enable !
the nation soon to assure the whole
world of its perfect ability and it's
perfect readiness 10 meet any OF its
promises at the call OF the creditor
entitled to payment. We believe
such a system we'll devised and af1E5yt; |
all entrusted to competent hands for
execution creating at no time an arti-
hcial scarcity of currency and at no
time alarming the public mind into a !
withdrawal OF that vas,er machinery
Of credit by which 95 per cent Of ak
business transactions are performed
a system open public and inspiring
general confidence, would from the
day of its adoption bring healing on
lis wings to all our harassed industries.
set IN motion the wheels of commerce,
and the mechanical arts,
restore employment to labor and
to the people. Reform is
Heeessaf itftt stttt aud mode Of f T
federal taxation to the end that capi-
tai may be set free from distrust and |.
labor lightly .urdened,
We denounce the present tariff
levied upon nearly 1000 articles as
piece Of injustice in equality
md false pretense. 1t yields dwind.
ling, not yearly rising revenue. l..
has impoverished many industries to
'ubsid'ze few. 1t prohibits imports
that might purchase The products Of
American commerce from the FIRST to
IN inferior rank upon the high seas.
Il has cut down the sales OF American
at home and abroad aud
depleted the returns Of American agri.I
'ulture and industry, followed by one
,alf of our people. 1t costs the people
times more than it produces TO the
reasury, obstructs, the processes Of
and wastes the fruits ofI
abor. 1t promotes fraud, fosters
enriches dishonest officials
lnd bankrup,s honest merchants. T,
We demand that custom house
axation shall be only for revenue re- {
orm necessary in the scale of public ,
expense federal state and municipal. Il
Dur federal taxation has swollen from
6o,OOo,0oo, gold, in 1860 to So j
700 900, currency, it. 1870; our aggre-
gate taxation from sl5, ,40o, 900, gold, {
n ls6o to *73,ooo,ooo, currency, in (
$40, or in one decade from less than, {
i've dollars per head to more than slS {
Der head. Since the peace the people (
ave paid to their tax gatherers more
han thrice the sum Of the national e
|ebt.
NJ Hautar1 |