Daily globe., 1879-06-04
.Maine Gree,abackers.

PORTLAND, Maine, June 3.-The Greenback
State convention met to-day. VIM. NJ. Rust
was made permanent chairman, committees on
resolutions and nominations we're appointed,
and q recess taken.
At the afternoon session the committee on
resolutions reported as follows!
This convention reaffirms the cardinal prin-
ciples enunciated in the platform of the Ma
tional Greenback convention of Maine in 1873,
aad looks with pride and satisfaction at the en-
dorsement of the people of the same at the
September eluction. Also, congratulates the
people of Maine upon the reforms inaugurated
by the Nationals and carried forward by the
last legislature.
The decay of American shipping is subject
that Justly causes anxiety and alarm, and we
demand such legislation as shall cause it's early
restoration.
The increase of the coin bonded indebted
ness of the government in time of profound
peace from one billion one hundred thousand
is = fact SO startling to alarm every friend
of the country. That the reduction of the rate
of coin inter est, and, at the same time, in
creasing the principal to such amount, is to
vastly increase the coin interest continually,
under pretext of economy by reduction of the
rate of interest, is such deception and fraud
upon the people as to merit the most severe
condemnation.
Resozved, That we favor unlimited coinage of
gold and silver, to be supplemented by full
legal tender paper money, sufficient to transact
the business of the country.
That we favor TIE immediate use of the coin
in the treasury for the reduction of the bonded
debt.
That We favor the substitution of greenbacks
for national bank notes.
That the value of our money should not vary
with the chance production of precious metals,
or the caprice of corporations.
That graduated tax on income is impera-
lively demanded.
That we oppose all subsidies or legalized
monopolies.
We favor few and simple laws, and those
vigorously enforced, aud we hereby denounce
communism in all its forms and places.
The report of the committee was adopted
unanimously.
Before the resolutions were finally adopted
at tho afternoon session there was strong op-
position to those relating to the financial policy
to be put at the head of issues, and great con-
fusion followed, debate being participated in
by large number of delegates who attempted
to speak at the same time. The platform was
finally amended so that the paragraph COM
mcncing, $50 that the increase of coin and
bonded Indebtedness" should head the decla-
ration of issues. Before the amended platform
was adopted another scene of excitement en-
sued on point being made to strike out the
resolution relative to communism, but amid
the playing Of the band the resolutions were
adopted with yell.
During the balloting for Governor, Chaos
again succeeded, prosests rising above the din
that many outsiders had entered the hall with
the design of voting. The band was again
called upon and overpowered the tumult.
Hon. Geo. W. Ladd addressed the convention
and denounced Secretary Sherman, who he said
was preparing with the power Of the treasury
and army to oppress the people. Sherman had
per cent. bonds in one day to the blood suckers
who were choking the country, and he should
be impeached. Hayes is worthy man, but
Sherman is the real President. The President
would veto the silver bill because the bond
holders and bankers had determined to change
the character of our institutions. He said all
the New York press is subsidized.
Joseph 81. Smith, of Oldtown, securing 851
votes was unanimously declared the candidate
for governor and the convention adjourned.