The state chronicle. [volume] (Raleigh, N.C.) 1891-1893, 1892-11-19
First Plank Finance.


Finance We demand national cur
rency, safe sound and flexible, issued
by the government only, full legal ten
der for all debt, public or private, and
that without the use nf banking corpora
tions, just, equitable and efficient
means Of distributing direct T. the peo
pie tax not to exceed - per cent,
be provided as set forth in the sub treas
urv plank Of the farmers alliance or
some better system; also by payments in
discharge Of its obligation for public im-
prOvement.
a. We demand the free and unlim-
tied coinage of silver and gold at the
leg4l ratio Of Ii to /.
/ b We demand that the amount Of
i the circulating medium be increased 70
at least 50 per capita exclusive Of legal
reserves.
c. We demand a graduated income
i tax
D. That our national legislation
i shall be 80 framed in the future as not to
build up one industry at the expense Of
i another
f We believe that the money Of the
country should be kept, as much as
possible, in the hands Of the people, and
hence, we demand that all national and
state revenue shall be limited to the nee
essary expenses Of tae government eco
nomlcally and honestly administered.
F. We demand that postal savings banks
be established by the government for
the safe deposit Of the earnings Of the
people and to facilitate exchanges.
second Plank Land.
I.and-The land, including al the
natural resources Of wealth, is the neri
tage Of all the people and should not be
monopolized for speculative purposes,
and alien ownership Of land should bt
prohibited All lands now held By
railroads and other corporations in cx
cess of their actual needs, and lands now
owned by aliens should now hr re-
claimed by the government and so.d fol
actual settlers only.
Third pia.k-Transportat
Transportation Transportation being
a means of exchange and public neces
sty, the government should own anC
operate the railroads in the interest 0
the people
A. The telegraph and telephone
, like the postofiice system, being neces
! sity for the transmission Of intelligenc
: should be owned and operated by tn
+ government in the interest of the peo
4 pie.
, The election of officers was begun a
f / O'Clock and ended IN two hours. II
: L. Loucks, Of South Dakota, was re
i elected president; Marion Butler, {
North Carolina, vice pr esldent; L Il
Taylor, Of Nashville secretary; Ber
: Terrell, Of Texas national secretary
Members of the executive board, /
Leonard, of Missouri; Mann Page, {
Virginia; f. Can, of New York; L
c. Deming, of Pennsylvania. The thir
d party slate was not broken.
} The closing session Of the conventiO
= was held to night when the newly cleo
: ted officers were installed in the presenC
y of about one half Of the delegates. II
d others disgusted at the result, rename
away from the hail.
y A number of these delegates insist tn
d as soon as they return home and al
nounce the result to their state alianc
IS a withdrawal from the national boo
:, - will take place and a new order will
e formed
a Loucks opponents held meeting an
q issued "a manifesto against the methoc
NJ tite third party men, accusing the
II oi n attempt tc disrupt the orde
II T., ls. &C Texas, took the document
y the h,cntion hall at 3 o'clock and re-
1t to the delegates.
nj Later a number of the friends
. Matuue gathered in his room and d
=. cussed further operations. Among the
were John B. Mcdowell, Govern
Buchanan, Ben Terrell, Of Texas, al
Secretary Taylor. Terrell and Tayl'
Je though elected to offices, are in symI
thy with Macune, and when the signal