The Waco daily examiner. [volume] (Waco, Tex.) 187?-1888, 1878-08-23
The Democratic Platform.
ADOPTED AT AUSTIN, JULY 10, 1875

the State Democratic platform, ndop-
ted by the Democratic State Con-
vention, at Austin, Friday the 10Th,
of July:
Hon. NJ. u. X. Taylor, President of tho Dem
ocratic State Conventions
Whereas, II is right and proper
that the friends of constitutional
government should reassert their de-
votion to il and to proclaim the prin-
ciplcs upon which il should be adj
ininistered; therefore be il
ReSolced, By the Democrats 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-
ciplcs of government, and we pledge
ourselves to cooperate with II. as an
integral part thereof, in its efforts TO
restore the administration of the gov
eminent to the principles upon which
il was founded.
2. That the powers of the general
government are restricted to the cN-
pr IS 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 10 the constitution
itself.
4. That Il faithful adherence TO the
following principles is necessary rs
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 common school
system.
b. That the investigation of the
frauds committed ut the last Prcsi-
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 it was organ
lied, and gross outrage on the pco-
pie of the United States: and whilst
the decision, rs made by the Forty
fourth Congress, on the question as
to who should be declared President
of the United States for tho 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
nccted Herewith.
6. That commercial and industrial
stagnation which has so long pre-
vailed throughout the country, and
tho consequent widespread want and
suffering are due TO tile pernicious fl
nancial legislation of the Republican
party, which we hereby arraign for
its acts and charge :
|. That at II 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 rs money, il enacted II sweeping
change in the measure of value.
wholly in the interest of moneycd
capital, by dcmonetizing silver and
dccreeing the destruction of legal
tender paper, and thereby wrongful
" added, in fact. hundreds of mil
lions to the burden of debt and taxes
upon the people.
2. BY pursuing 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
lie of all other property, and cspe-
cially of capital designed for produc-
tive use and required for the employ
ment of labor, thus REFRESHING in
stead of fostering industry, compell-
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 a law in spite OF the
Presidents veto, and stopping the
further retirement Of grcenbacks, we
demand, as further acts of justice rs
well as measures of relief, the repeal
of the resumption act, che lawful Ii
baton of the coin boarded in the
treasury, the removal OF all rcstric-
tions to the coinage of silver, fraud
ulently demonetized, the substitu-
ton of United States legal tender
for national bank notes, and its per-
manent 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 10 be regu-
lated by legislative or organic law,
so as to give to the people an assur-
| ancc of suilicicncy and stability in
the volume of the currency and con
scqucnt stability of value. No fur
thur increase in the bonded debt nc
further sale of bonds for the pur.
chase of coin for resumption purpo-
scs, but gradual reduction of the
public debt by payment according to
the original contract by which il was
created; rigid economy in al
branches of the public service, and u
tariff for revenue only.
/. We favor one currency for the
government and the people, the la.
borer and the ofliceholdcr, the pen
sioner and the soldier, the producer
and the bondholder.
2, We hold that the right Of State,
To tax property in the States Is invi
olable, and the United States bond,
should bear the burden of govern
ment equally with all other property
and any legislation that exenpts sale