Daily press and Dakotaian. [volume] (Yankton, Dakota Territory [S.D.]) 1875-1880, 1878-02-25

in the houss, which fac: we apprehend will
spoil B;smarck's hopes. 1fthis IL to BE- an
issue at the next legislative election We will
fully prepare ourselves to meet IL.
NATIONAL essrssAekeRs.
Tho Platform Adopted by the Toledo
Convention.
The national greenback convention, held
At Toledo on tie 22d last, adopted the fol-
lowing
PLATFORM:
WHEREAS, Throughout our entire coun-
try the value Of real estate is deprecated,
indu. paralized, trade depress, business,
incomes and wages reduced, unparalleled
distress inflicted upon the poorer and mid !
die ranks Of our people, the land filled with
fraud, embezzlement, bankruptcy, crime, |
suffering, pauperism aud starvation and,
WHEREAS, This state of this has .baen
brought about by legislation 10 the interest
of and dictated by, money lenders, bankers
and bondholders; and,
WHEREAS, While w recognize the fact
that men in congress connected with both
the old political parties have stood up man.
fully for the rights of the people and met
the threats of the money power and the rid
icule Of an ignorant and subsidized press,
yet neither the republican nor the democrat
ic parties in their national policies propose
remedies for the existing evils; and,
WHERE'S, The Independent Greenback
party and other associations more OF less
effective, have been unable heretofore to
makea formidable opposition to the old
party organizations; aud
WHEREAS, The limiting Of the legal
of currency bonds into coin bonds, the de-
ing Of bonds from taxation, the contraction
of the circulating medium, the proposed
forced resumption Of specie payments, and
the prodigal waste Of pulic lands, are crimes
against the people; and, as far as possible,
the results Of these criminal acts must be
counteractedb by judiciary legislation there
fore,
We assemble in national convention and
make q declaration of our principles and
invite all patriotic citizens to lutte in an
effort TO secure financial reform and indus
trial emancipation.
The organization shall be known % the
National Party, and under this name VI
will perfect without delay national, state
and local associations to secure the election
to Office of such men only Is will pledge
themselves to do all In their power TO e.
tablish the principles
l. 1t is the exclusive function of the
general government to coin and create mon.
~ and regulate its value; all bank Issues
designed 10 circulate as money should be
suppressed the circulating medium, wheth-
er Of q mental or paper, should be issued
by the government and made . full legal
tender for al debts, duties and taxes in the
United States at its stamped value.
2. There shall be no privileged class Of
creditors; Official salaries, pensions, bonds.
and all other debts and obligations, public
and private, shall be discharged in the
legal tender money of the United States,
strictly according to the stlpulations of the
laws under which they were contracted.
8. The coinage Of silver should be
placed on the same fssting as that of gold.
4. Congress shall provide said money
adequate to the employment of labor, the
equitable distribution Of it's products, and
the requirments of business, fixing . mini.
mum amount per capita to the population
Is near as may be, and otherwise regulating
volume by wise and equitable provisions
of law, SO that tho rate Of interest will Sc
cure to labor its just reward.
s. 1t is inconsistent with the genius and
spirit Of tho popular government that any
species of private property should be ex.
empt from bearing it's just share of the pub.
lie burdens Of the government, aud money
should be taxed precisely as other property,
and Q graduate income tax should be levied
for the support of the government and the
payment of It's debts.
T.. The public lands are the common
property of the whole people and should
not be sold to spectators nor granted to
railroads OF other corporations, but should
be donated to actual settlers in limited
quantities.
Z. The government should, BY general
enactment, encourage the development of
our agricultural, mineral, mechanical,
manufacturing and commercial resources,
to the end that labor may be fully and pro.
ftasly employed, but no monopolies should
be legalized.
8. All useful Offices should be abolished,
the most rigid economy enforced in every
branch Of the public service, and severe
punishment inflicted upon public officers
who betray the trusts reposed in them.
9. As educated labor has means for mul-
tiplying production BY inventions and dis
~coveries, and as their use requires the ex.
ercise Of mind as we'll as body, such legisla-
ton should be had that the number ofhoun
of daily toll will be reduced, giving to the
working classes more leisure for mental i'm
provement and social enjoyment, and saving
them from premature decay and death.
10. The adoption of an American none
tary system as proposed herein will har-
monte all differences in regard to tariff and
federal taxation, reduce and equal'se the
cost Of transportation by land and water,
distribute equally the joint earnings Of cap
ital and labor. secure TO the producers Of
wealth the results of their labor and skill,
muster out of service the vast army Of idlers
who under the existing system grow rich
upon the earnings Of Others, that every man
and woman may BY their own efforts secure
. competence, 20 that overgrowing fortunes
and extreme poverty will be seldom found