The Waco daily examiner. [volume] (Waco, Tex.) 187?-1888, 1878-08-21
The Democratic Platform.
ADOPTED AT AUSTIN, July 10, ls7,


of July; .a.t
Hon. NJ ~ II, Taylor, President OF the Den,-
orrntic state Convention;
Whereas, II is right and proper
that the friends of constitutional
government should rcassert their tie
votion TO il and to proclaim the prin-
ciples upon which II should be adj
ministcred; therefore be il
ReSolred, BY the Democratic par
" of Texas, in convention assem-
bled, that we have an abiding conf
dcnce in the devotion of the National
Democratic party to the correct prin-
ciples of government, and we pledge
ourselves to cooperate with IL, as an
integral part thereof, in its efforts to
restore the administration of the gov
ernmcnt TO the principles upon which
il was founded.
2. That the powers OF the general
government are restricted to the ex-
pr SIS grants of the constitution, and
all powers not granted are reserved
to the States and the people thereof.
3. That we pledge our devotion to
the union of the States under the
constitution, and TO the constitution
itself.
4. That faithful adherence TO the
following principles is necessary as
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 citi-
Zens before the law; absolute acqui-
escence in the lawfully expressed will
of the majority, and the maintenance
and perfection of a common school
system.
3. That the investigation of the
frauds committed at the last Presi-
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 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, in our
| judgment. be disturbed, that decision
ought not TO preclude an investiga-
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-
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 pernicious fl
nancial legislation of the Republican
party, which we hereby arraign for
It's acts and charge
/. That at a 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 ~ money. it enacted sweeping
change in the measure of value,
wholly in the interest of moncycd
capital. by dcmonctizing silver and
decrceing the destruction of legal
tender paper, and thereby wrongful
ly added, in fact, hundreds of mil
lions TO the burden of debt and taxes
upon the people.
9. BY pursuing its mercilcss policy
of contracting the paper currency
and boarding gold il has greatly APP
prcciatcd the value of money and
corrcspondingly dcpreciatcs the val
ne of all other property, and cspe-
cially of capital designed for produc-
tive use and required for the employ
mcnt of labor, thus REFRESHING in
stead of fostering industry, COMPEL
| ;Il,nna1 it.tnn1 90
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 grecnbacks, We
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 rcstric.
tions to the coinage of silver, fraud.
ulently demonetizcd, the substitu.
ton of United States legal tender
for national bank notes, and its per.
manent rc-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 sutliciency and stability il
the volume of the currency and con
soquent stability of value. No fur
thur increase in the bonded debt NJ
further sale of bonds for the pur
chase of coin for resumption purpo
: SEES, but gradual reduction of thu
public debt by payment according {,
the original contract by which il wa
created a rigid economy in al
branches of the public service. and /
tariff for revenue only.
: /. We favor one currency for tn,
| government and the people, the Ia
borcr and the oiliceholdcr, the pen
| sioncr and the soldier, the produce
and the bondholder.
?. We hold that the right of State
to tax property in the States is inyi
olablc. and the United States bond
: should bear the burden of govern
/ mcnt equally with all other propert,
&. and amy legislation thai cNempts sai,
{ bonds from taxation is unjust AM
D oppressive,
. $. We declare that all bonds am,