San Marcos free press. [volume] (San Marcos, Tex.) 1877-1892, 1878-08-03

the sole paper money of the country,
made receivable for all dues to the gov
ernment aud OF equal tender with coin,
the amount of such issue to be regula.
ted by legislative or organic law, SO as
to give to the people an assurance Of
sufficiency and.stability in the volume
Of the currency and consequent sta
bility of value. No further increase
in the bonded debt; no further sale
Of bonds for the purchase of coin tor
resumption purposes, but gradual re.
duction of the public debt by payment
according to the original contract by
which it was created; rigid economy
in all branches of the public service,
and tariff for revenue only.
3. We favor one currency for the
government aud the people, the labor
er and the oihceholder, the pensioner
and the soldier, the producer and the
bondholder.
4. We hold that the right of States
to tax property in the Sites is inviola-
BILE, and that United States bonds
should bear the burden of government
equally with all other property, and
any legislation thatexempts said bonds
from taxation is unjust and oppressive.
5. We declare that all bonds and
obligations of the national government
ought to be paid in legal tender notes
OF the United States, except where it
is otherwise provided by the original
law under which they were issued !;
and all that can be called in and paid
now should be paid at once, and the
remainder as soon as it can be lawfully
done.
6. We heartily approve the action
of Congress in passing the act known
as the silver bill, thereby increasing
the circulating medium of the coun-
try, and restoring to US tie dollar of
our fathers.
Z. We demand of the United States
government ample and full protection
of the Texas frontier, and we recon-
mend for that purpose law of Con
gress authorizing the raising Of SUI
ficient cavalry force in Texas, ofiicered
by citizens of Texas and should the
general government fail to extend pro-
lection, then the State of Texas should
protect her own border.
We declare further that the United
States government should fully reim-
burse the State of Texas for all sums
of money expended in the defense of
her frontier.
8. We deprecate the necessity which
now exists for keeping a portion of
the convicts out of the walls of the
State penitentiaries, and declare that
they. should be confined therein as
soon,as practicable.
8. We declare that it is the duty of
the Legislature of this State to pass
an act regulating the rates of freight
aud tariff on all railroads IN this State,
in obedience to the provisions of the
State Constitution.
10. We pledge ourselves that no
money shall be borrowed or bonds
issued to meet the current expenses of
inc State government. The rate Of
taxation shall not be increased, and the
current expenses should be confined
within the current revenue.
II. The interest of the industrial,
yealth-prOducing classes is the para
mount interest .of the people Of the
United States. Those whose labor
md enterprise produce wealth shCuld
De secure in its enjoyment. Our warm
st sympathy is extended to the labor
ng classes who have been thrown out
IF employment by the ruinOus financial
jolicy and unjust legislation of the
party. and We pledge the
Democratic party TO a reversal Of that
,olicy and the restoration os all the /
tights they are entitled to upon its
IscenGency to power.
Y. We congratulate the country
lpon the restoration Of the constitu.
ional aud pacific policy. Of local self
government in the States Of the South
% long advocated BY the Democratic
,srtY. and whish has brought peace /
nd harmony TO Our section Of the