The Waco daily examiner. [volume] (Waco, Tex.) 187?-1888, 1878-08-29
The Democratic Platform.
ADorrEp Ar AusrIN, JuLY 10, 80

OF July: --l.t ..t
Hon. NJ. ID. X Taylor, President OF The Dent
ocratic state Convention VS. 90 Iu
Whereas, Il is right and proper
that the friendsylof constitutional
government should reassert their de-
yotion to il and TO proclaim the prin-
ciples upon which II should III. adj
ministered; therefore be il 7ll
Resolced, BY the Democratic par
ty of Texas, in convention assent
bled, that we have an abiding conf
dence in the devotion of the National
Democratic party TO the correct prin-
ciples of government, and We pledge
ourselves to corporate with il, as an
integral part thereof, in its efforts TO
restore the administration Of thegov-
crnment to the principles upon Which
IL was founded. ilG ~ illW uuil "
2. That the powers of the general
government are restricted to ihr OK
pr IS grants of the constitution, and
all powers not granted ARE reserved
TO the States and the people thereof
3. That we pledge our devotion 10
the union of the STATES under the
,ohoti'utioh, uiu w lllc CONSTITUTION
Itself. i'i" "i ii'Hl "
4. That a faithful adhorenreItp the
following principles is necessary a.
an essential TO the preservation of the
government, viz: Home rule; the
supremacy of the civil over the mill
tary power: the separation of church
and State; the equality of all Gift
zens before the law: absolute aGqui-
cscence in the lawfully exprcsscdlwill
of the majority, and the maintenance
and perfection OF common school
system. r'.... IIf nt1.isJf
8. That the investigation of the
frauds committed at the last Preki-
dental election in Florida and .ouis-
lana ought 30 have been made by the
electoral commission; its refusal to
do so was violation of the spirit of
the law under which it was organ
lied, and gross outrage on the .peo-
pie of the United States; and whilst
the decision, as made-by the Forty
fourth Congress- on the question as
to who should be declared President
of the United States for the present
Presidential term should not, I'M our
judgment, be disturbed. that decision
ought not TO preclude an ;nvestign-
ton and exposure by proper author
ity of all the frauds connected with
that election and the due accounta-
bility Of all who were guilty con
nected Herewith. H'l !ri ( .gt..
6. That commercial aud industrial
stagnation which has so long pre-
vailed throughout the country, and
the consequent widespread want and
suffering are due to the pernicious fl
nancial legislation of the Republican
party, which We hereby arrnign for
its acts and chargesbE '
|. That at n time when the country
was weighed down with debt created
on the basis of the full volume Of pa
per, added to botlI the preclOuslmct-
ais as money, IL enacted a sweeping
change in the measure of yalne.
wholly in the interest of m6icred
capital, by demonctizing silver aud
dccreeing the destruction of LEGAL
tender paper, and thereby wrongful
ly added, III fact, hundreds of mil
lions TO the burden of debt and taxes
upon the people. iin ~lnyhi@'1i ..an,
2. by pursuing its mcrcilcss policy
of contracting the paper currency
and boarding gold il las greatly an-
preciated the value of money and
corrcspondingly depreciates tho val
tie of all other property, and cspe-
cially of capital designed for profile
tive use and required for the aih,lot-
ment of labor, thus REFRESHING in
stead of fostering industry, coInpell-
ing idleness instead of sustaining
trade and commerce, and now this
party declare that the question al
finance has been settled We deny
this declaration, and while we con-
graduate the country that the down
ward course TO bankruptcy aud ruin
involved in the Republican policy
has been partially arrested by the
Democratic measures passed al the
late session of Congress, restoring
the dcbt-paying powers to the silver
dollar, made a law in spite of the
Presidents veto, and stopping the
further retirement of greenback} ,owc
demand, as further acts. of Justice as
well as measures of relief, the repeal
OF the resumption act, the Lawful Ii
baton of the coin boarded in the
treasury, the removal of all restric-
tons to the coinage Of silver, fraud
ulently demonetizcd, the substitn-
ton of United States legal tender
for national bank notes, and its iper-
manent re-csfablishmcnt as the sole
paper money Of the country. made
receivable for all dues to theGoyern-
pient and Of equal tender with coin,
the amount of such issue to, be ,rceill
lated by legislative or organic law,
so as to give to the people an ,assur-
ance of sutliciency and stability in
the volume Of the currency and con-
sequent stability of value. q, No fur
thur increase in the bonded debt no
further sale Of bonds for the pur-
chase of coin for resumption p,lrpo-'
SEES, but gradual reduction of The
public debt by payment according TO
the original contract by whichit. was
created; a rigid economy in Ian
branches of the public service, and IL
tariff for revenue only. 90, nm hnH
!. We favor one currency for the
government and the people, the Ia
borer and the OflicehOlder, the pen
sioner and the soldier, the producer
and the bondholder. ,iil iTi.. .'I'
Q. We hold that the right of States
to tax PROPERTY in the States is invi-
olable, and the United States bonds
should bear the burden of govern
ment equally with all other property
and any legislation that eNempts said
bonds from taxation is unjust and
oppressive. HI'a H du'W
3. We declare that all bonds and
obligations of the national govern
ment ought to be paid in legal ten
der notes of the United States, ex-
cept where IL is otherwise provided
by the original law under which they.
tunrn issunl. andU all alnatLL ~ "a L -