Red Lodge picket. [volume] (Red Lodge, Mont.) 1889-1907, 1892-07-02

call the attenClOn Ol thOughtfu
Americans to the fact that after &c
years of restrictive taxes against
the importation of foreign wealth
in exchange for agricultural sur
plus, the homes and farms of the
country have become burdened with
real estate mortgages over $780,
100000, exclusive of all other forms
Of Indebtedness; that in one of thn
chief agricultural states Of the west
there appears real estate mortgages
averaging $165 per capita for the to-
tai population, and that similar con
litio,1s have been shown to exist in
other agricultural exporting states.
| We denounce that policy which
fosters no industry SO much as it
does that Of the sheriff. A trade Of
interchange on basis of reciprocal
advantages to the countries partici
pating is the time honored doctrine
Of democratic faith, nut we de-
nounce the shameful reciprocity
which juggles with peoples desire
for enlarged foreign markets and
freer exchanges by pretending to
establish closer trade relations for
country whose articles of export
are a lmost exclusively agricultural
produc ts, with other countries that
are also agricultural, while erecting
a custom house barrier of prohibi-
tive tariff taxes against the richest
countries of the world that stand
ready to take our entire surplus
product and exchange therefor
commodities which are necessaries
and comforts Of life among our peo-
pie. We recognize in trusts and
combinations, which are designed
to enable capital to secure more
than its just share Of the joint pro-
duct Of capital and labor, the natu
raj consequence Of prohiDitive taxes,
which prevent free competition,
which is the life of honest trade.
But we believe their worst evil can
be abated by law, and we demand
the rigid enforcement of laws made
to prevent and control them, to-
gether with such further legislation
in restraint Of these abuses as exper-
ience may show to be necessary.
ABOUT SILVER
We denounce the republican leg
islation known as the Sherman act
of 1890 as a coWardly makeshift
Taught with possibilities Of danger
in its future which should make all
it's supporters as well as it's author
anxious for its speedy repeal. We
hold for the use Of both gold and
silver as the standard money of the
country, and for the coinage Of both
gold and silver without discriminate
ing against either metal or charge
for mintage, and for a dollar unit of
coinage Both metals must be Of
equal intrinsic and exchangcable
value, or adjusted through interna
tional agreement, or by such safe
guards Of legislation as shall insure
the maintenace Of a parity of the
two metals and equal power to
every dollar at all times in the
market and in payment Of debts;
and we demand that paper cur
rency be kept at par and redeem
able in such coin. We insist upon
this policy as especially necessary
for the protection of farmers and
the laboring classes, the first and
most defenseless victims of unstable
money and fluctuation in currency.
We recommend that the prohibi-
tory tax Of 10 per cent. on state
bank issues be repealed.
A motion by Patterson Of Colora
do to insert the word Gree before
coinage, in the second sentence, was
voted down by an overwhelming
majority.
The platform then endorses civil
service reform, declares that "the
democratic party is the only party
that has ever given the country
foreign policy consistent and Wig
orous, compelling respect abroad
and inspiring confidence at ho1ne;;"
throws out bait to the old soldiers
by declaring in favor of liberal pen
sions; endorses river and harbor
Improvements, the worlds fair, says
education is the only safe basis for
popular suffrage, favors the admis-