New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-06-11

pOrate loans. Debt engenders usury, and
usury ends in the bankruptcy of tho borrower
Other results are derasged markets. uncertainty IN
manufacturing enterprise and agriculture, precari-
Ous and intermittent employment for the laborers
industrial war, increasing paupersm ana cilme'
and the consequent intimidation and dstranchlse-
ment of the producer and rapid declenslOn into
corporate teudalsm; therefore, we declare:
First That the right to make and issue money Is
n O1crcign power to be maintained by the people
for the common benefit. he delegation OF this
right to CORPORATIONS is surrender OF the cenrai
attribute of sovereignty, of constitutional sane
ton, comforting upon subordinate irresponsible
power absolute dominion over industry ana com
mercp. All money whether metallic or paper.
should be issned and its volume controlled by the
Government and not by or through banking cor
pOratOns and when so issued should be full legal
tender for all debts, public and private.
SerOnd-That the bonds of the United states
should not be refunded, but paid as rapidly as is
practicable. according to contract 10 enable the
currency should be substituted for the notes of the
National banks the National banking system abo :
ished, and the unlimited coinage of silver as we'll
as gold, established by law. :,
ihird-rhat labor should be so protected by Ma
tOnal and State authority as to equdlizc the bur
dens and insure q Just distribution of its results.
lie enforced the sanitary. condition of in,
dustrial establishments placed under rlgld
control. the competition of contract convict laoor
abolished, bureau of labor statistics established
factories mines, and workshops inspected, the EN-
ployment of children under fourteen years OF ago
forbidden. and wages paid in cash.,
cheap labor being simply slavery, the lnportatl0n
and presence of Chinese serfs necessarily tends to
brutaliZe and degrade American labor, therefore
immediate steps should be taken to abrOgate the
Burlingame treaty.
EUh-Raroad land grants forfeited by reason Of
noniultilment of contract should be Immediately
reclaimed bv the Government, and henceforth the
public domain reserved exclusively as homes Tor ac-
tua settlers
Sirth-It is the duty Of Congress to regulate
Interstate commerce. All lines OF communication
and transportation should be brought under such
legislative control as shall sccur' moderate. ialr
and uniform rates for passenger and felgnt trailc
Serpth-We denOunce as destructive TO pros
perlty and dangerous to liberty the action OF the
old parties in fostering and sustaining gigantic
land, railroad and money corporations and monopo-
lies, invested with and exercising powers belonging
to the Government, and yet not responsible to 1t
tor the manner OF their exercise.
Eighth-That the Constitution, In giving Congress
the power to borrow money, to dcc are war, to RAISE
and support armies, to provide and MAINTAIN Il Nd,
tOn, never intended that the men who loaned
their money for an interest consideration should
be preferred to the soldier and sailor who pcrled
their lives and shed Their blood on land and in
defence Of their country and we condemn the
cruel class legislation of the Republican, party,
which, while protesting great gratitude to the
soldier, has most unjuStly Disseminated against
him and IN favor Of the bondhOlder.
'Aiath-All property should bear Its just propor-
tion OF taxation. and We demand graduated IN
Ttntf-We denounce as most dangerous the efforts
every where manifested to restrict the right OF sun
rage. go
standing army IN time of peace and the msidlous
scheme to establish an enormous military power
under the gnise of militia laws.
IWtl0h-Me demand absolute democratic rules
for the government of Congress, placing all rep
resentatIves OF tue people upon an equal footing
and taking away from committees veto power
ThiriccRH-We demand Government Of the pco-
pie, by the people and for the people instead OF
Government of The bOndhOldeI, by the bOndhOldcr
and for the bOndhOlder aud we denOunce every
attempt to stir up sectional strife as an effort 10
conceal mOnstrOus crimes against the people.
F0urteenth-In the fnrtherahce of these ends
we ask the cooperation OF all falr-inindcd
people. We have no quarrel with individuals,
wage no war upon VIA GlaSsss' but only against t
Gure furt her discipline from our present actual
rulers. who having dominion over money, over
over the press aud the machinery of government
WELD unwarrantabe power over our institutions
and over life aud property
The resolutions were adopted unanimously and
loudly applauded
Under order of the Convention, the Committee on
Resolutions reported the following:
Res)lred, That every citizen of due age, sound
mind, and not feiOn be enfranchiscd, and that
this ution be referred to the States with rccOn
incubation for their favorable consideration.
On this question Mrs. Chandler, of Pennsylvania,
took the table from which Mr. IConklnR last
week nominated General Grant. and pleaded
for the Women SuTragists She was interrupted
but bravely held her ground to the end
On the calling of the roll great confusion
arose on the right of the Socialists to
vote as a body, it being coniended that they
we're admitted on the understanding that they
should be apportoned among the States to
which they belonged, but no States
should be increased thereby. Their
vote was finally rejected. and the report of the
was adopted by a vote of 528 to 12f.
The Convention was in confusion for another hour,
amid beseeching cries by the chairman OF Gentle
men. will Won be still Z" "Oh, sit down." "Oh, dry
M YOUR noise you've too much mackerel in you"
A motion to adjourn was lost amid scene Of III
lescrbable tumult.
Colorado then nominated j. B. Weaver for Presi-
lent Illinois nominated Alexander Campbell.
Indiana nominated General Butler amid cries of
Il Spoons; also Wilson ). WOOlf.
ILLINOIS DEMOCRATIC CONVENTION
IN