The New York herald., 1878-02-23

evils; and whereas the independent grcenback party
and other associations. more or less effective, have
been unable hitherto to make formidable opposition
TO old party organizations and whereas the limiting
OF tho legal tender quality OF greenbacks the chang
zation oi tho silver dollar, tho excepting OF bonds
from taxation. tho contraction OF the circulating
medium. the proposed forced resumption OF specie
payments and the prodigal waste OF the public lands
were crimes against the people; and as lar as poss-
ole. the results OF these criminal must bo coun
toracted by Judicious legislation.
Therefore we assemble in national convention and
make declaration OF our principles, anu invite all
patrotc citizens 10 unite In an effort 10 secure hnan
cial reform and industrial emancipation. rhe organ
ization shall DO known as the 'natonal party" aud
under this name we will perfect without delay ma
tionai State and local assocat ons the eec-
uon 10 office OF such only az will pledge them
selves TO do all In their power 10 establish these prn
ciples
Firs-It is the exclusive function OF the general
government TO and create money regulate Its
value All bank issues designed to circulate As
money should be suppressed. The circulating me-
dium. whether OF metal or paper, shall be issued by
the government and made iuil legal tender for all
debts duties and taxes In the United States at i's
SecondTnere shall be no privileged class Of credit
ors Onciai salaries, pensions. bonds ana all other
oeDls and 0olgations public and private shall DO dis
charged IN tho legal tender money Of tho United
States, strictly according to the stpuatons Of the
lave under which they were Contracted
Thtrd-Rcsolvei, that tho coinage OF silver bo
placed on the same footing as that Of gold
F0urth-Congrcss shall provide said money ade-
quste to tho fun employment Of labor, tho equitable
distribution oi It's products and the requirements OF
business liking minimum amount per capita Of the
population as near as may be. ana otherwise rcgu.
latlng Its value by wiso and equitable provisions of
law so that the rate OF interest will to labor
Fvth-lt Is Inconsistent with the genius OF popular
government that any species Of private property
should be exempt from bearing Its just share OF the
public burdens Governments bonds and m0nsy should
bc taxed precisely other property, and graduated
income tax should be levied for Tue support o the
government And The payment OF It's debts
Siath-Publc lands ure the common property OF the
whole people, and should not DO sold to speculators
nor granted TO railroads or other corporations, but
should be donated 10 actual settlers In limited quanti
ties.
SevenA-The government should, by general enact
ments encourage the devel0pme OF Agricultural
mineral, mechanical, manufacturing and commercial
resources, to tho end that labor may bo tutiy aud
probably employed; but NO monopohes should bc
loRalIzed.
EightA--A useless offices should be abolished, the
most rigid economy favored Ia every branch OF tho
public officers who betray the trusts rsposed them.
Ninnt-As educated labor has devised means Tor
ing production by Inventions and discoveries
and their requires tho exercise Of mind We'll
body, such legislation should be had that the num-
Der OF nLurs Of aay toll Will % reduced, giving to tho
working classes more leisure Tor mental Improvement
and their several enjoyments and saving them from
premature decay anu ueath.
1enh-The adoption oi an American monetary sys-
tem proposed herein. will harmonize all differences
regard tarif and federal taxation, roduce aud
equaze the cost OF transportation Ov land and water
distribute cquitaby the JOINT earnings Of ital
labor TO the producers OF wealth tho uts
their labor and skill ana muster OF service the
vast army OF lulerS VINO, unucr tne existing SyStOm,
grow rich upon the earnings OF others, that every
man aud woman may, by their own efforts, secure y
competence SO that overgrown fortunes and extreme
Poverty viii bc seldom found within tho limits OF our
republic.
EisrenM-Bo,h national and State governments
should establish bureaus OF labor aud industrial sta
tslics clothed with the power Of gathering and pub
llshing tho samc
4soetth-rha. the contract system OF employing
labor In prisons and relormatory insiIt ulions
works great injustice our mechanics and citizens
and should be prohibited
Thirteenh-The importation OF serve labor into the
Unncd States IRON CHINA Is u problem of the most
serious Importance, and we recommend legislation
looking TO It's suppression