Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1884-06-19

of Gov. VIM. B. Bate has been pure, faith
full and wise, we therefore indorse it.
Second.--That we regard the settlement
of the State debt made by the last Lsgisla-
ture as final, and pledge ourselves to the
maintainance of the same.
Third.-That we favor such legislation
as will compel railroad property to bear lis
just proportion of necessary taxation.
Fourth.-That we favor the regulation of
railroads in this State by a commission
for that purpose so as to protect the roads
in all their rights and the people from
extortion and unjust and unfair discrimi-
nation.
Fifh.-That We favor the promotion
and encouragement of popular education.
Sirth.-That we declare that no more
taxes should be levied by the State gov
ernment than is absolutely necessary to
defray the current expenses OF the same,
administered with the most rigid econo-
my, to meet the accruing interest
upon the funded debt and liquidate the
same in accordance with the contract, but
il, IN the practical operation of our reve-
nue. system, more money has been or
should be accumulated in the treasury
than needed for these purposes, we favor
the appropriation of the same by the
proper fiscal officers of the State under
safe and proper legislative restrictions to
the extinction of the States Indebtedness.
iSeUenth.-Justice and sound policy for
bid the Federal government to foster one
branch OF industry to the detriment Of
another, or to cherish the interest of one
portion to the injury of the another of our
common country, and hence we denounee
the present tariff as masterpiece of in
justice, inequality and false pretense. 1t
prohibits imports that might purchase
the products OF American labor; it
has degraded American commerce from
the first to an inferior rank on the high
seas. 1t has cut down the sales of Ameri-
can manufactures at home and abro ld,
and depleted the returns of American ag.
riculture and industry, followed by over
half the American people. 1t costs the
people five times more than it produces to
the treasury; obstructs the processes of
production and wastes the fruits of labor It
promotes frauds, fosters smuggling, en-
riches dishonest officials and bankrupts
honest merchants. 1t acccumulates cor
ruption fund in the vaults of the govern
ment to poison official action and debauch
the public confidence. We favor reduc-
ton OF the tariff and demand that no more
revenue be raised than is required to
defrav the Legitimate expenses of the gov
ernment economically administered, and
revenue raised for any other purpose,
whether by customhouse taxation or other
wise, is unauthorized by the constitution
Eighh.-We denounce the Republican
party, because the logic OF its long lease
of power, coupled with the duplicity and
sham pretenses expressed by its platform
recently adopted in this State, and also at
Chicago, show that it is the settled pur-
pose of the real leaders of that party to
subject local seli-government, and erect
on the ruins of the prosperity of the
masses q consolidated despotism.
The minority report, as follows, was
presented by Judge II. T. Elicit:
We the undersigned, members of the
convention, submit the following minority
report touching the question of tariff,
which we ask to be added to the majority
report
ResOlUtd, That We favor tariff for reve-
nue. adequate to the wants of the general
government economically administered
and so adjusted in its details as to afford
fair and reasonable encouragement 10
home labor and domestic products ard
manufactures, but not to promote mo-
Dnnolias