The Waco daily examiner. [volume] (Waco, Tex.) 187?-1888, 1878-08-27
The Democratic Platform.
,poprEp AT AUSTIN, JULY 10, 1873.

The following is the full text of
the State Democratic platform, adop-
ted by the Democratic State Con-
vcntion, at Austin, Friday the 10th,
of July:
Hon. NJ. u. X. Taylor, President OF the Dem
ocratic State Convention;
Whereas, II is right and proper
that the friends of constitutional
government should reassert their de-
votion to IL and to proclaim the prin-
ciples upon which il should be adj
ministered; therefore be it
Resoiued, By the Democratic par
ty of Texas, in convention assem-
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 cooperate with 1t, as an
integral part thereof, in its efforts TO
restore the administration of the gov
ernment to the principles upon which
il was founded.
2. That the powers of the general
government are restricted 10 the cx-
pr SIS grants of the constitution. and
all powers not granted are reserved
to the States and the people thereof.
8. That we pledge our devotion 10
the union of the States under tile
! constitution, and to the constitution
| itself.
4. That faithful adherence 10 the
following principles is necessary as
an essential to the preservation of the
government, viz: Home rule: the
tary power; the separation of church
and State; the equality of all citi-
zens before the law; absolute acqmi-
escence in the lawfully expressed will
of the majority, and thc maintenance
and perfection of u common school
system.
5. That the investigation of the
frauds committed at the last Prt-i-
dental election in Florida and Louis
lana ought TO have been made by the
electoral commission its refusal TO
do so was violation of the spirit of
the law under which il was organ
lied, and II gross outrage on the pco-
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 shorld rot, in our
judgment, be disturbed, that decision
ought not to preclude an inycstiga-
ton and exposure by proper author
ity of all the frauds connected with
that election and the due account,l-
bility of all who were guilty con-
ncctcd Herewith.
8. That commercial and industrial
stagnation which has SO long pre-
vailed throughout the country. and
the consequent widespread want and
suffering are due TO the pcrnicious IL
nancial legislation of the Republican
party, which we hereby arraign for
its acts and charge ..
|. That at time when the country
was weighed down with debt created
on the basis of the full volume of pa-
per, added to both the precious met
ais As money, ii enacted sweeping
change in the measure of value.
wholly in the interest of mOneved
capital, by demOnetizing silver and
decreeing the destruction of legal
tender paper, and thereby wrongful
ly added, in fact, hundreds of mil
lions 10 the burden of debt and taxes
upon the people.
2. BY pu' suing its merciless policy
of contracting the paper currency
and boarding gold it has greatly APP
preciated the value of money and
correspondingly depreciates the val
ne of all other property, and espe-
cially of capital designed for produc-
tive use and required for the employ
ment of labor, thus REFRESHING in
stead of fostering industry, compcll-
ing idleness instead of sustaining
| trade and commerce, and now this
party declare that the question of
| finance has been settled. We DENY
this declaration, and while we con
graduate the country that the down
ward course to bankruptcy and ruin,
involved in the Republican policy
has been partially arrested by the
Democratic measures passed at the
late session of Congress, restoring
the debt-paying powers to the silver
dollar, made law in spite of the
Presidents veto, and stopping the
further retirement of greenbacks, we
demand, rs further acts of Justice rs
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 Gemonetized, the substitu-
ton of United States legal tender
for national bank notes, and its per-
manent re-establishment as the sole
paper money of the country, made
receivable for all dues to the Govern
ment and of equal tender with coin,
the amount of such issue to be regu-
lated by legislative or organic law,
so AS to give to the people an assur-
ance of sutiiciency and stability in
the volume of the currency and con-
sequcnt stability of value. No fur
thur increase in the bonded debt no
further sale of bonds for the pur-
chase of coin for resumption purpo-
SEES, but gradual reduction of the
public debt by payment according to
the original contract by which ii was
created; rigid economy in all
branches of the public service, and a
tariff for revenue only.
l. We favor one currency for the
government and the people, the la
borer and the oiiiceholder, the pen
sioner and the soldier, the producer
and the bondholder.
2. 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 my. lnni slnIinn ihni nNnunnts NH