The New Bloomfield, Pa. times. (New Bloomfield, Pa.) 1877-188?, 1877-10-23
State Platform Of the Green Back Labor
Party.


WurprAs The limited States enbracas with,
IN M IimIts ali tIe elements nr material nrnsner
tu airhnn hv @ eHtansve tarritor r,c Psn a
Ivy rsd n,is " nrais aiv sVi ya
inJnstr,aa and a., Intaiiisa,t NJ k
nie hTt nevertheless In the mdst nf nm sSpnI peII
p,t horyast ana wifi ai, ,naca ncai II III. - ,rs
, ns m mu II ~ ~ te "a 5as 20 PI1s
Istrsso IN its Sisinr apInas y,
danressed aries re- dIe ono @ ~ ths x
enIIra sbo,n nonuiaton IL a ~ e ennInns y, s,g
and the remaIhIie norton WORKING On inIi or
partial time with an average reduction OF one
nd NC ver thars vbiist &c nlH ~
IL VII fnr XII jnds NJ mannfsctnred nrodsts m"s az
Avn as Wt1pp s n 10 essaptai that tho eans. n,
the present distress should be Understood in order
pheea; e,, ,v,vnr,s r. bao hoo, a., o,,,or,o,.. :,
the world that Hesitation favorine ara class et al
the aynenea nj nibara 10 nrndncf7ve ~ aanerag g
hny hi we hei,ava Thai v o - ss I
isaton the conntry is suIfernr Under II its preae
Hn,it,a sno oouny 10 9uleihs unuei i's presehe
Theregors ,ye assert THAT s,nce Tho vso, 1oeo
tba mnifnym no,icv ~ con1Tess and The 9aneroi
Tnyernment has beet I'm favor Of the non iySrodncD
az and @aiuat ihe business nanngacturInn onrj
eutuTa' an ana 1ons, interests oi tne coun-
ii,rst - IN ,rrantinT shaotal rrivitaoas 20 49,,
nrohncars nv anait,u them ~ hold fbs eo,avn vn
memt ioan nyurnbasad at an ~ W III ii,tia
over ffty cents On t6e dollar, antaxsd and il such
uatmn ~ the inan mi aIso ,,nnS netjnnai banS %
currency forced in their behalf upoi, the people
Sacnna nv IN ,,nnrecedentsd oontractippn ~
cnyrencv from nearly 81 61H eI oD IN issS to lass
tban m do1 et t6s time fv tbe oo ,cSS 81
aa, ss4VyUV,VvI ~ az sns t1e, ,Vr .ne purpose ot
ereditor and non prodIIctiye niasses ala az IKE tb
same time entaiiig ri,in ,,non the business a. and
debtor classes by depreciatihg the value Of their
rro,,orty tbei, dahte ramainins nnn.ine ii H., ~
apani,e h,,y,tt antna1Iv more tha n dnuR,ed 'no
Thlrd d. nv The assumption of the country
tbrnugL an MEDITERRANEAN declaratjon Nv connrasss
that tba ' govarnment bonds shoiiid j;ya nathd in
coil-thIs Tor the purpose of Increasing the value
OF the bonds in foreign markets. Whilst this
nj snch bonds snch Increased value was oyvinv
tn addjtional obliratons on the part Of fie conn
tyv Ivitho,it consideration in favor 0f n mn nro
dnycar Nvho pnrcbased fhe bonds at a iow raia bv
reason oi his nrsf haviue depreciated them -
Fourth. BY increasing the value Of gold by the
demonetl1ati1n nj silver and this makit,e cold
tha o,,Iv cnin in the country e sO-"
Fifth By the enactment of 1876, of the mis-
caiad ,esniynnfion act NV the terms nj which tbe
whole areenback and fractional issue must be
canceIfed leaving the national bank issIle the
cold as The ability of the government to subst
fute its isse with gold is not teabIe and tbe
impossibjty of the banks redeemjng their issue
in gold coin is certain the evil effects OF the vast
incrassed VI ''io arc "ssi"'"'eu anu
We further assert. That sucb upiust and mar
tisan iepisIation has enabled the non prodnaine
cIasses 6i the coilntrv NOT only fo protit nv the
appreciation of their Obligations by the deprecia-
Tim 0f the market priee oi ali commodities that
are the products OF labor. but has enabled them
fhe destruction of a republican government and
lie establishment of a monied oiigarchy; there
fore be it
Resolred, As a remedy for existing evils fur.
ther contraction OF the currency Should be al
once stonped and snch currency made n full legal
tender silver be remOnetiZed and the so. called
RESUMPTION ACT OF 1878 be forthwith repealed,
The uronerty OF the federal bond holders should
be faxed as well as that OF the farmer, the manu-
facturer tbe business man and the mechanic
The whole system of bank note currency should
he aboIisbed and gold and silver snpplenIented by
fuIl lepal tender Daper. receivable for all dues
public and private except when by the terms of
the contract it is otherwise provided, and suhi
cjent for the wants of business, should be substi
tuted therefor In order that such legal tender
uaDer should have a uniform value it should be
tnfeTconvprtible into long time bonds of the gov
ernment hearing n low rate of interest saeabIe
at par, payable at maturity, coin or legal tender
terchan seabe With fuli legal tender money.
nrnnosed tbe follo;yius adyantages among others
viii aceri,e.
First A supply Of money elastic in its nature
veue Soith pold Tor fhe reason thatit viii answer
I'll % No n,irnnses ~ gnld coin az money and is
ennrertiha nj paI into bonds HAVING n saleabie
value nj par
'Iiuo ~. p IN Io,,srino nd eouo1zin, tho oaner
Sso, ~ intareet hands viii he cnnverte3 MO
manev when blsiness Investments are most proI.
ttii,' , 4 -, e,,a,, co,,vartad {ntn bonds ,rLcn
hssjne,ss hsJ,v, ga demepJs cease D'%' "-
ThiTd II viii nractieallv nav off the greoter
,or,is 81 ~" mn biic deht ,vltI6ut frn.ibeS tsxa
poItoh Vi JUG Pupn0 uoD' "l'nouV iui 'iioi '"Nf'-
',. In,,rth II viii nravent imitation and eontrac
tlon tne pIacucal Qpera.On l, 9i VnS goIpei1,De
~ Dyu @ w ~ oS g ~ ~ dennata sn,nly nf
Iesreo l9l we y Pu l -, re d :uH,ciept In
volume, this money VIII restore CONFIDENCE ,, ana Rli
ad aem IA dust and adenote naiS TIE