The Waco daily examiner. [volume] (Waco, Tex.) 187?-1888, 1878-08-22
The Democratic Platform.
ADOPTED AT AUSTIN, JULY 10, is'

The following is the full text of
the State Democratic platform, adop-
ted by the Democratic State Con-
vention, at Austin, Friday the 10th,
of July: H.r
Hon. NJ. u. X. Taylor, President Of the Dem
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 IL should be adj
ministered; therefore be ii
Resolred, BY the Democratic par
~ of Texas, in convention assem-
bled, that we have an abiding conf
denre in the devotion of the National
Democratic party TO the correct prin-
ciples of government, and we pledge
ourselves to cooperate with it, 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 tile OK
pr SIS 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 faithful adherence to the
following principles is necessary as
IN 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-
csccnce 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 50 was violation of the spirit of
the law under which it was organ
lied, and II gross outrage on the peo-
pie of the United States; and Wills.
fourth Congress, on the question as
TO who should be declared President
Of tho United States for the present
Presidential torn 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
TINT election and the due accounta-
bility of all who were guilty con-
nectcd Herewith.
9. 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 pernicious fl
nancial legislation of the Republican
party, which we hereby arraign for
Its acts and charge
|. That at 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 sweeping
change in the measure of value,
wholly in the interest of moneyed
capital, by demonetizing silver and
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 merciless policy
OF contracting the paper currency
and boarding gold il has greatly APP
preciated the value of money and
correspondingly depreciates the val
ne of all other property, and espc-
| 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 law in spite of the
i I'Nll'lit Ntlos anu SioDpllS lllt
further retirement of greenbacks, we
demand, AS further acts of justice as
well as measures of relief, the repeal
of the resumption act, the lawful IL
baton of the coin boarded in the
treasury, the removal of all restric.
tions TO the coinage of silver, fraud.
ulcntly dcmonctizcd, the substitu-
ton of United States legal tender
for national bank notes, and its per
mancnt re-cstablishmcnt as the sole
paper money of the country, made
receivable for all dues to the Govern.
mcnt and of equal tender with coin
the amount of such issue to be regu.
lated by legislative or organic law
so rs TO give TO the people an assur'
ance of suiliciency and stability il
the volume of the currency and con
sequent 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
ses, but gradual reduction of tn,
public debt by payment according t,
the original contract by which il wa
created; q rigid economy in al
branches of the public service, and ;
tariff for revenue only.
| |. We favor one currency for tn,
government and the people, the la
borcr and the oilicehOldcr, the pen
sioncr and the soldier, the produce
and the bondholder.
2. We hold that the right of State
TO tax property in the States is invi
nlullp and thc United States hnnl