Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1878-08-09
POLITICAL PROBLEMS
The Bankers Trying to Solve Some of Them
at Saratoga--The South Carolina Repnbli-
cans Alarmed at the Ghosts of Rife
Clubs--Nominations to Congress, Etc.

at SaratOga--The South Carolina Republic
cans Alarmed at the Ghosts of Rife
Clubs--Nominations to Congress. Etc.
THE LICENSE PARTY WINS.
Especial Telegram to the Globe.
SALTWATER, Mimi, Aug 8.-The municipal
election came off to-day at Marine, resulting in
victory for the license party by vote OF 81
to 81.
THE BANKERS ASSOCIATION.
SARATOGA, Aug. Sin the bankers assocla-
ton to-day J. D. Vermilyea. of New York, pre-
sented an elaborate table prepared at the clear
ing house. showing the disastrous effects pro-
duced and still menacing the country by reason
of the excessive taxation of banks. He showed
how the capital and surplus of banks had been
depleted the past few years, and asked the ex-
ecutive council to take action to bring the fact
to the knowledge of Congress. The executive
council, by G. s. Coe of New York, and L. q.
Murray, of Louisville, n.y., reported the Iol
lowing:
Ioeso1ee0 That in the opinion of this associa-
ton the near approach OF the day appointed by
law for the resumption OF coin nayments and
values is to be hailed as an event OF the highest
significance to the prosperity and welfare of
the whole nation, because it Is the only means
by which industry, trade and general tranquil
ity and contentment can be restored to the
people. The American Bankers association,
therefore, pledge their aid and support to
the Government in a return to
specie standard in the transaction of
the financial affairs of the country.
Resoleed That the resources OF the country
arising from the abundant crops IN several
successive years extraordinary mineral wealth.
large credit, ba ance of trade with other ma
tions. and from the rapid developments of me-
chanical inventions and appliances by which
productive industry has been facilitated and
increased. all happily concur in supplying the
necessary means for coin resumption.
lir. Follies, of Cincinnati, and Others from
of expediency although approving their char
acter. l.. G. Murray, of Louisville; Root, OF
Arkansas; F. Atkins, of Michigan; Hayes, OF
Detroit; A. H. Moss, of Sandusky, with others,
advocated the resolutions, and they were
finally adopted unanimously. Geo. Wilson,
Jr. cashier of the Wells Savings bank, Lex
ington, Mo-, presented a paper arguing against
the federal government chartering banks.
and favoring return to the State bank
system. J. E. Nowise, of Boston, presented
a paper on the popular demand for the substl-
tuition of greenbacks for national bank notes,
and the vital danger of the substitution with
objections to it. He holds there is no consti-
tutional power in the country to make any
thing but gold and silver coin legal tender.
SOUTH CAROLINA REPUBLICANS.
COLOMBIA, s. c., Aug. S.-The Republican
State convention was in secret session the
greater part of the day. The platform declares
that the principles of equal, civil and political
rights can only be enforced by the Republican
party; reiterates adherence of violence, intim-
idation or fraud in elections; denounces the
practice of Democrats attending Republican
meetings; charges the Democrats with being
unfaithful to the pledges of 1876; de.ounces
the Democrats for frauds, violence and lntlm.
idation in 1876, for assassinations and murders
during that campaign and for the subsequent
violent seizure of the State government; de
nounces the unseatng of certain Republican
members of the last Legislature
arraigns the Democrats for abolish
ing or removing certain election
precincts; arraigns the called fraud investl
cation; reafirms belief in the fair election OF
Hayes and Chamberlain. and pledges the Re
publican party to the work Of purifying thu
public service
The following is the ninth article of thu
platform: "We deem it inexpedient to nomi
nate candidate for Governor and other Stat
officers because, owing to the condition of al
fairs in this State, occasioned by rifle club ruiz
and two years OF Democratic supremacy, 1t Il
impossible for Republican voters in man,
counties, without mourning great persona
at the election when held.
State executive committee was elected ant
the convention adjourned until tomorrow.
COLORADO REPUBLICANS.
DENVER, Aug. 8.-The Republican State con
vention reassembled this afternoon. The fol
lowing is synopsis of the platform adopted
The first resolution affirms the nationality 0
the general government; the second demand
for all
poses all subsidies by Congress to private COZ
porations. and demands strict economy In tn
public faith; the fourth asserts 1T to be til
primary and sacred duty of the govern
ment to protect and maintain ever
| citizen in all civil and political rights, an
affirms that this principle must be fully &C
| cepted before the work of the Republican par
ty is finished; that the Republican party i
committed to unremitting efforts to secure al
legitimate results of the late civil war--th
I sovereignty Of the union, equal rights tor a
citizens. untrameled suffrage, and redemption
of every pledge made by the government
those who furnished means or gave their serN
ices to save the union; the mt
further unsettle value, and bring tt
| labor of the country in competition With II
paid labor of the old world; also demands tn;
duties on imports be SO adj usted as to atol
the greatest protection to American labor an
productions not burdensome to the consume
the sixth asserts that the government shou-
provide and be responsible for honest nation
money sufficient for all legitimate needs or Il
country, with gold, silver and paper equal al
alike receivable for all public and priva
debts: that the interest bearing de
of the Nation should be as soon
possible recouve1ted into popul
loan represented by small bonds or notes wit
in reach of every citizen; the seventh asseI
| II rod. md
the national debt be held sacred. to be paid
agreed upon at the time it was contracted; t
eighth approves the action of the Senate III
tie cptlng to make greenbacks receivable
payment of government dues, and denount
the action of the House in repeating the me-
ure; the ninth demands rigid econor
) and such reduction OF taxatl
that may be consistent with the pub
( necessities; denounces the Democratic Hot
for withholding proper and necessary app
priations under the specious cry OF econol
and reform, as a clap-trap concluslvely prov
by the numerous deficiency bills passed by
i, succeeding Congress; the tenth relates to 10
: State matters; the eleventh accepts the
= sumption of specie payment as partially
. practices of the Democratic party in
tasonizing the resumption of specie paymer
e after declaring in 1872 and /
q that it should be brought about at the EARL
a practicable period; the twelfth affirms that
q army aid navy have earned the admiration s
gratitude of every patriotic citizen, and sho
g be maintained in efficiency and IN such fo
1, as to protect the nation from attack witho
1t and commotion, treason and rebellion with
Is condemns the present Democratic House
lie trying to destroy the efficiency of both;
fifteenth condemns the national House OF Il
al aesentatives for seating Patterson; the
teenth denouncs him for accepting the
s. and becoming a party to the q
8, fraud and outrage upon the people of Colors
A. the seventeenth commends the system
free schools and all educational interests t.
e. fostering care and charity of the State gov,
H. ment; the eighteenth declares that legisla
~ shall be such as to promote both the inter
IT. of capital and labor; that we are opposed
n. sumptuary laws and laws in the interest of
. special class, and demand that legislation {
be in the interest OF the whole people;
nineteenth. that we protest against the
ment, nv the national government of mill