The Waco daily examiner. [volume] (Waco, Tex.) 187?-1888, 1878-08-24
The Democratic Platform.
ADOPTED AT AUSTIN, July 10, 1871

the State Democratic platform, adop-
ted by the Democratic State Con-
vcntion, al Austin, Friday the 10Th,
of July:
Hon, NJ. u. X. Taylor, President of the Dom
ocratic state Convention;
Whereas, II is right and proper
that the friends of constitutional
government should reassert their de-
votion to il and TO proclaim the prin-
ciples upon which 1t should be nd
ministered; therefore be il
ReSolced, BY the Democratic par
" of Texas, in convention assem-
bled, that we have sn abiding conf
dence in the devotion of the National
Democratic party to the correct prin-
ciples 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
ii was founded.
2. That the powers of the general
government are restricted to the eN-
pr SIS grants of the constitution, aud
all powers not granted are reserved
to the States and the people thereof.
8. That we pledge our devotion TO
the union of the States UNDER the
constitution, and TO thc constitution
itself
4. That 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.
5. That the investigation of the
| frauds committed mt 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 a violation of the spirit of
| the law under which il was oryan-
lied, and gross outrage on the poo
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, he 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.
6. 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 pcrnicious fl
nancial legislation of the Republican
| party, which we hereby arraign for
its acts and charge;
/. That ut time when the country
was weighed down with debt created
OH the basis of the full volume of pa
per. added 10 both the precious met
ais as money, it enacted sweeping
change in the measure of value,
| wholly in the interest of moncyed
capital, by demonetizing silver and
decrccing 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.
2. by pursuing its mcrcilcss policy
of contracting the paper currency
and boarding gold it has greatly APP
preciated the value of money and
correspondingly depreciates the val
ne of all other property, and cspc-
cially of capital designed for produc-
tive use and required for the employ
ment of labor, thus repressing in
stead of fostering industry, COMPEL
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 tie
Democratic measures passed at the
late session of Congress, restoring
the dcbt-paying powers TO the silver
dollar, made law in spite of the
Presidents veto, and stopping thu
further retirement of grccnbacks, We
demand, as further acts of justice II,
well as measures of relief. the repeal
of the resumption act, the lawful Ii.
baton of the coin boarded in tho
< treasury. the removal of all rcstric
lions TO the coinage of silver, fraud
ulently demonetized, the substitu
5 ton of United States legal tender
q for national bank notes, and lis per
mancnt re-establishment as the sol,
paper money of the country, mad,
/ receivable for all dues to the Govern
b, ment and of equal tender with coin
the amount of such issue to he rcgu
a lated by legislative or organic law
so as to give to the people an assur
ance of sufiiciency and stability il
t the volume of the currency and con
9 sequcnt stability of value. No fur
thur increase in the bonded debt n,
I further sale of bonds for the pur
$ chase of coin for resumption purpo
SEES, but gradual reduction of tn,
N public debt by payment according {,
Il the original contract by which il wa
created; rigid economy in al
branches of the public service, and I
I tariff for revenue only.
al l. We favor one currency for tn,
government and the people, the Ia
Il borer and the ofliccholder, the pen
=. sioncr and the soldier, the produce
" and the bondholder.
b 2. We hold that the right of State
Y to tax property in the States is inyi
olable, and the United States bond
Il should bear the burden of govern
: ment equally with all other propcrt
and any legislation that cxempts SAT-
bonds from taxation is unjust am