The farmers' union., 1891-08-27
Study tbs nIat'ntnn

1t h"ii- the conceded ,ic;ty rf c;.:trr..s- t.
provide Il sufficient volnInc -! legal ir!.i-.
currency for the people oi the ta.,ct! STATE
To iraIi&ac! their hE>incS> oa = c..-.: t.,~i> a!
i, being evident that large increase ui Cur
rcncy and improved nis:t.:''is o. pa tir-s il i'll
to circulation are tue rH:. rir':ut t'i. liz IL
cr$>iti"S, the Peoples parry ui L" Sat" .:
Kansas r.roinmCn = tl3c :n ;.,i.In .. tit" ,:i-
wil. drnaa,i- ia" lH:,;:ci.,l l,..,;:is u titc
Peoples party prc>i'.ntia! l.!a' i.,Ir i,,r 49,
We demand t;.c pro:i.itp:. "a: f,.:;;. g.
nc:.
We hcmdu,i the free All. UNLIMITED sAin.ittt.
of silver and gold at t,,rir ltr",,"n; ETi!ti" %
weight and fi,i.nr-S, with option y: gar. !rHt~
III rxc:,ans,,' Tor .-t.in tl:inn tt ;tli zil'~.
We t;cI.:Ili tat Tie rIlIi''y al &c ::i'ff'
States consist @: il. 4It.f,!.,,t currency ,, III
nnd coin certificates. all equality i'.ni t"n't:'r
for ali debts and ohli@:ltiouH. cHc"r. t.;Ht tt:'-
iH duties lie pn,uh.r r,l"haii III :-rcCEtnc!>
currency or currency certificates, ui''i one
half in coin or coin certificates, BY c'.i:l -
meant silver or gold withHu! distia"'inn.
We demand that to pat grc,n''nc% c!itr, n''l
into circulation without in:,lri,> tie :;;II;,.:>
| involved in crntralzng the m"nr5 i.":nin@
business OF he country under control .! -
| tionnl administrations to corrup'iy ana "r-
prcssiVcly p.ri,ct uatc themselves II dt'i;'
through the national h:,n:>iu.: syst. ,.m. that
such currency bc originally ISSUED hy way OF
louns to the respective states and territories,
leaving each at liberty to adopt ii, own meth
cd OF putting its share of currency int" cir
culation, und changing its method H. expert
ence suggests.
We demand thut when II state or territory
has IL law approved 10y its supreme court IL
constitutional. providing for the issue OF its
bonds in exchange for lc.ai tender gree !. 1"li
currency and providing how il will put such
currency into circulation, il shall be entitled
! to receive such currency from the nnIioiaI
| treasury up to $50 per capita oi its population
as determined by the United Strtcs census. u:
par exchange for its bonds bearing prcnhHch
| interest at the rate of per cent per ann;in,
! payable annually. and principal I't'$,ll'ic il
gscenl,acks ut option.
We demand that III order to automatically
regulate the supply of legal tender -rccnhack
currency 50 that il may t' natuI"!ty Obtained
mt low rates of interest for the hc'''in% and
moving of crops and other legitimate htisi-
ness, to prevent imitation ami contraction OF
| property values through expansion and con-
traction of currency for speculative purposes,
and to assist its legal tender power in main
taining such currency of c4iinl purchasing
| value with com. tnHt Tue mttl states Siift-
keep such currency intcrconvrrtii2ey Goilur
for dollar with currency certificates bearing
coin interest at the rate of onc-ha;I cent per
day each, Sl00 (Which is less than per cent
interest per nnnumj and 10 prevent opprcs-
! SiVc contraction of currency through its re-
| tircmcnt into certificates the Iutc of interest
upon them shall decrease i'll proportion to the
| amount of currency invested in them, by each
| fl..af. sf iI,lfi inc hat nf he til
which th% government converts it into cur-
rcncy IL seduction of 10th of its accrued i'll
I tcrcst shall he nude for every :.bI,o5ott0 OF
slIch certificates officially published out
! s.an..inv on the first day OF TIE month i'll
which such conversion is demanded. The
principal of currency certificates shal! hr pay
able only hy couycrtItiity into gr"cnhar},
currency rs stated. and sufficient supply of
currency funded into such certificates SHAH
h., kept on hand in the natIon"! treasury "t.'t
thrOnShou the country for redemption OF
! certificates on demand.
Coin to meet interest on cliri: neS ccrtiii-
Gates ana to pay interest and principal of
present L. $. ami "A per cent b"n's shall hc
obtained by collecting Hc-hui: OF tarif duties
III coin Gr in coin certi;cutcS. and itlIthv l.
suing or rcfuu,!ing OF r'Ihlc bonds or nh.I!t-
tion- Of any kind payable: in coin. cont ct'jIl
intpi est certificates. ana t!it' H1Aki':- ~ cur
renrv rchtnIna!,lt il; coin. ar m2h3ft Cri!i 81
any superior legal ,"nder value to tAr grHt,sl-
back currency. shall Il" prohibited