The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1878-02-21
INDIANA DEMOCRATS.
All the bad Financial Heresies Embo
led in their Platform.

led in their Platform.
INDIANAPOLIS, Feb. 2O.-The Democratic
| State Convention met today and ex-Gov. Hen.
bricks was chosen permanent chairman, The
following resolutions were unanimously adopt
ed:
Resolved That national bank notes should be re-
tired and in lieu thereof be issued by the
an equal amount of treasury notes with full legal
tender quality.
That we are in favor of making United States
notes, commonly called greenbacks, full legal ten
der in payment of all debts, public and private, ex-
cept such obligations only as are by terms of the
original contract under which they were issued ex-
pressly payable in coin.
coin is exclusive prerogative of the government
and such money should be issued In such amounts as
the sound business interests of the country NAV from
time to time require.
That we are ia favor of such legislation by Congress
as will authorize taxation by states of U. s. notes in
common with all other money.
That we deem it unwise and inexpedient to enact
any further legislation for the funding OF the national
other methods and we believe that the true policy of
the and the best interests OF the people
would be subserved by legislation to distribute
said debt among our people at home, afording them
most favorable and practical opportunities for in
yestment of their savings in the funded debt of the
United States.
That we are in favor of such legislation which
shall fix the legal rate Of interest at not exceeding
percentum per annum.
OF 4l25 grains to the country and with full legal
tender quality in payment of all debts, both public
and pTlvate ana that the coinage thereof shall be
unlimited and uUon the same terms and conditions
as may be provided for the coinage of gold.
That we are in favor OF immediate and uncondi-
tiOnal repeal OF the resumption act.
That we are in favor OF the most rigid economy in
the public expenditures and we declare that the
fees and salaries of all public officers should be re-
duced.
That we in favor of the repeal of The bankrupt
law.
That we sincerely deplore the recent violent COL
sion between labor and capital and to prevent the
recurrence thereof ana to protect the future public
order and security believe the wages of employees
OF corporations engaged in the business of mining,
manufacturing and transportation should be first
lien upon the property, receipts and earnings of said
corporations, and that said lien shoud be declared,
defined and enforced by appropriate legislation.
That we are In favor OF the passage of law for the
ventilation OF coal mines as that would be Just to
the miner and owner.
That the Democratic party IS the friend of the
common school system and will in every legitimate
way la Dor for its success. and will oppose any at
tempt to divert any portion of the common school
fund to any sectaIian purpose.
That the last appointment of the state for legis-
lative purposes was grossly unjust and dshonorabe
and we demand that the next legislature in appor-
tionng the state Tor legislative purposes the i'm
peratve duty shall have regard alone to the popula
ton and contiguity of the territory.
The other resolutions protest against class
legislation and subsidies and ask Congress- to
give pensions to the veterans of the Mexican
war. The hackneyed fraud" resolution is in
corporated in the platform and the President is
denounced for appointing members of the
Louisiana Returning Board to Office
John e. Shanklin was nominated fer Secre-
tary OF state.