Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1878-08-02

nua drain on four of five States in the Mississippi
The MIND recoils from the terrible results which
must follow this condition OF AFFAIRS Ten per cent
Interest will certainly bankrupt farmer, mer
chant or a bushes OF any description, who is
engaged in egitim-ts business, as nfe VIII Durn
the dry stubble of the fields The grasshOppers Of
the plains more destructive TO every green
ana growing thing in their reach than ten per cent
IS 70 N ne OF onslneSs Inc 1welieTs III, E!Lt
Them Ocusts lice, frogs, Darkness and the plague
than the Lap, ring. business people or the Mis-
sissIppi valley can endure ten per cent. in |
trrest their debts. Ii VIII suck their llfe0OOd 10
the last drOp aud leave them rs tenants. paying |
rent distant landlords where they now own
ers in fee simple. earnestly believe and hope that
these great and awful facts sinking deep In
every Intelligent mind IN the land The seeds of
financial reform haVz been Sown broadcast, and
they are spTinging up ever direction. L believe
and hope that a work has been commenced which
with the people on the vital questions of finance and
taxation, shall be once more a government of the
people. And In tEis mighty movement where stands
hold its platform of principles. adopted June tD,
In my hands. Ii Is IN: st extraordinary produe-
ton Its second declaration Is TO the effect that the
people have high and sacred right to meet togeth
and discuss their grievances. Ii is therefore
founding to md IN the same document the follow
ing deliberately drawn propositions:
Opposition to further financial agitation; stabili
y In our financial system being essential to business
1t would appear from this platform that the peo
and resolve upon every subject beneath tine sun
cept that which Is OF greater nporal Importance
than all others-the subject of tax itiOn debt food,
clothing and all that pertains to the domestic well
fare of the human race II the people have griev-
ance against their churches they may discuss it; If
they dissatisfied with their school laws they may
debate them; II public improvements are proposed,
tn may have as much controversy as they choose
in relation to them; If public officials commit NAL
feaSance, they may Institute measures of reform,
and CRY aloud and spare not but the doctrine OF the
Republican leaders In Indiana Is that under no cir
cnmstances shall the people hereafter agitaie the
question of finance; th9t things are, that vital
question: so they must remain, stability in our
financial system being essential to business pros
perfty," although that system may be an organized
lime against ninetenths of the entire population
of the United States. Those who pay everything
must not talk; those who toll from sun to sun 10
meet the burdens of their government must do il in
silence The drones in the hive content they are
living on the honey gathered by the laborng bees,
their voice is heard In opposition to Inquiry
into their right to live in idle luxury 1t is not new
voice in the history Of the world IL mas been heard
from the ramparts of oppression ever since human
history was written. Wherever the tyrann! OF priv
LEGGED classes has intrenched Itself protest against
agitation has alwais been heard Agitation Is the
soul of liberty, equality and progress 1t has marked
every step ever taken IN the TIDE OF human advance
mt. When the Savior of men came upon earth,
he brought agitation as purifying whir.wlnd
He proclaimed a new right, new dtspensation, new
thoughts and new impulse of progression to all
the generations of mankind The scribes. the
PhaIisees, the SaduceeS, the learned me1 OF Israel
fixed in their traditions. cried out against this
mighty agtatOr: They proclaimed him an incendi-
turber of ancient systems of laws.
The pages or ancient history are also full of Illus
tratiOns with which to embellish the Indiana Re
publican platform. When Charles of England de-
termined 10 govern without parliament, and raise
money by his royal prerogative, he encountered
agitation hateful TO him as the financial antagon-
ism of this country is to an untaXed bondhodeT OF
money-lrDder at Ten per cent. mortgaged farms.
Hampden and his associates, in their opposition to
the payment of the ship money, were denounced b.
royalty and aristOcracy as perniclous demag0gues,
ard held up to derisiOn. The agitation, however,
shook down the throne, laid tyrant's head on the
block, and engrdfted on the government of England
every principle of safety to the citizen which dstin
cuisines 1t from absolute despotfsm.
1t was Edmund Burke who exclaimed: 81 love
clamor when there is an abuse. The alarm-bell dis
tuIbS the inhabitants, but saves them from being
burnt In their beds"
THE CONDI rION TO WHICH REPUBLICAN LEG
ISLATION HAS BROUGHT THE COUNTRY.
There was period else in our own history when
of active class of politicians who met with dis
astrous overthrow. The tories of the American
lowed the attempt of Great Britain to tax the cole
MES without representation. They resolved against
publican platform, and predicted that tragic events
would follow If it persisted ill., Bunker Hill fol-
starry flag and immortal glory followed. They were
all born OF agitation, and are the offspring of a
handed Washington, JEFFERSON FTaSklin, Adams,
Patrick Henry and John Hancock to cease all fnan
and he transported armies TO ShUreS, and fought
bloody battles in order to enforce silence and sub
the managers of the Republican State convention
did from theirs that stability in financial sys
tered not 20 the British rant that his system of
finance was lawless robbery IL suited him all the
better for that reason, and he fought
put down agitation against IL. Nor does it matter TO
the Republican leaders In Indiana that our system
wrecks OF business more thickly than the shore
%s sr ever se%n %n had t t OF iron
great deep. Ii does not matter TO them that The
bankrupt liabilities growing out of this system have
reached two thousand million dollars; that the
value OF property in the United States has shrunk
In the last seven years more than 0nefourth there,
the actual wealth of the country; that more than
three million people are to-day Idle, thrown out of
employment by the paralysis of all those great in
dustries which afford laboring men and women an
opportunity to earn their bread. There is wall of
which they
to have heard Wnen whole family in one of our
some one embodied this voice of warning and OF
woe in the following lines:
"Oh you paid and trusted leaders,
Listen, while you hold you breath;
In this land of bible readers
Men and women StarVe to death"
These leaders, however have filled their ears. not
with cotton In this instance but with untaXed bonds
the dividends OF national banks and the percentage
OF vast loans western farms, and they wrap them
selves i'll the strange deluSOn that they will be obeyed
when they impiously communal a sOre-hearted cut
ragged people to cease their murmurs and be It'll.
will not say that an asylum OF any kind should be
built for the trainers of this PLATFORM but it Is hard
to find parallel to their conduct in the annals of
reasonable men. The nearest approach to their
blindness and folly is to be found in the of
the king in ancient story who was persuaded by his
obSeqWous courtlerS to believe that the swelling tides
of the ocean would obey his puny voice, and who in
this belief issued his command that the waters
should their restless agitation. The waters,
however did not cease TO ebb and fow will the
aroused and enlightened public opinion of this coun-
try siOk down in calm contentment and repOse until
this vast question of finance and taxation shall be
settled in the interest of tax,pa,iDg lab0rers The
contained in the platform OF the Indiana state CON
tally into laws call the attention of the voters of
Indiana to the bold ringing uterances of thlt plat
FORM and to the issues which spring up between 1t
The Democracy of the State of Indiana, assem-
bled in delegate convention, declare:
That national bank notes shall be retired and in
lieu thereof there shall be issued by the government
an equal amount of treasury notes with full legal
| tender quality.
That we are in favor of making the United States
notes. commonly called greenbacks, full legal
tender in payment of all debts, public and private,
except such obligations only as are by the terms OF
the original contracts under which they issued,
| expressly payable in coin.
That the right TO issue paper money, we'll as
coin Is the exclusive prercgatve OF the government,
and such money should be issued in sucn amounts
the sound business interests of the country from
time to time require.
We are in favor of such legislation by congress as
will authorize the taxation by the Sta es of the
That deem it unwise and Inexpedent to enact
any further legislation for the funding of the ma
tIona debt abroad, through the means of home syn
| dcates other methods; and we believe the true
policy of the government AMI the best interests of
the people would be su0SeTved by legislation to
distribute said debt among our people at home
afOrding them The most favorable ana practical op
poTtunty for the investment of their savings in tie
funded debt of the United States.
That We are in OF such legislation which
shall fix the legal rate of interest at not exceeding
We demand the restoration of the silver dollar Of
Il zig grains to the coin of the country and with
full legal tender quality in the payment OF all debts
both public and privae and that the coinage there
of shall be unlimited, and u1on the terms and
conditions as may be provided for the coinage of
gold.
That we are in favor of the immediate and uncon-
dtional repeal of The resumption act.
These principles travelling fast ard far. They
are journeylng wherever the taxgatherer journeys.
They are carrying hope to laboring masses in the
crowded villages of New England along her bright
water-cOuTses, and in the midst of her dark pines
well upon the fertile plains and wide Sayin-
nahs of Texas. The issuz which they present are
sectional. Geographical lines do not divide the
interests of the money power do they divide the
Interests of the producing classes. Greed and eXtOT
|
preston also prevails Ia every latitude.
The Interest of the American people in their
financial legislation is confined to no measure.
As long as they indebted to their Federal and
State governments TO counties, cities and corpora
lions than five thousand million dollars, and
to each other In still greater sum- countless issues
Will continue TO rise. And the great paramount
duty OF the people of all parties In this connection is
to see that is chosen for the public service
except he Is known To be by principle education
Instinct and practice their side in every contest
that may arise between the rights OF producing. tax
| paying labor the one hand and idle, untaXed
grasping capital the other. Let this be the test
at the ballotboX, and this government will soon re-
turn to the control of those whose honest toll up
| holds IL