The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1892-06-23
PRICE FIVE CENTS

tion, and we point to the dullness
and distress which wage reductions
and strikes have caused in the iron
trade as the best possible evidence
that no such prosperity has resulted
from the Mckinley act. We call the
attention of thoughtful Americans to
tne TACT that after 80 years OF restrict
I've taxes against the importation of
foreign wealth in exchange for our
agricultural supplies, the homes and
farms OF our country become burden
ed with real estate mortgage debt;
by pretending to establish closer trade
relations for country whose
articles of export are almost
exclusively agricultural products
with other countries also agricultural,
while erecting a custom house as q
barrier of rrohibitive tariff taxes
against the richest countries of the
world that stand ready to take our
entire surplus of products and ex-
change therefor commodities which
are necessaries and comforts of life
among our own people.
Sec b. We recognize in the trusts
and combinations which are designed
to enable capital to- secure more than
lts just share of the joint product of
capital and labor, natural cOnse-
quence of prohibitiye taxes which
pl event free competition, which Is the
lie of honest trade, but believe
their worst evils can be abated by
law, and demand q rigid enforcement
OF the laws made to prevent and con-
troll them, together with such further
legislation in the restraint of their
abuses as experience may show to be
necessary.
Sec. 6. The Republican party, while
protesting policy of reserving public
land for small holdings by actual set
tiers, has given away the peoples
heritage, till now, q few railroads and
nom resident aliens, individual and
corporate, possess larger area
than that of all our
farms between the two
seas. The last Democratic adminis-
tration reversed the improvident and
unwise policy of tho Republican party
touching the public domain and re-
claimed from corporations and syndi-
Gates, alien and domestic, and restor-
ed to the people, nearly one hundred
million acres of valuable land to be
sacredly held as homesteads for our
citizens, and we pledge ourselves to
continue this policy until every acre
of land 80 unlawfully held shall be re-
claimed and restored to the people.
Sec. 7. We denounce the Republi-
can legislation known as the Sher-
,man act of 1890, as a cowardly make
shift, fraught with possibilities of
danger in the future, which should
make all of it's supporters, as well as
its author, anxious for its speedy re-
peal. We hold to the use of both gold
and silver as the standard money of
the country and to the coinage of both
gold and silver without discriminate
ing against either metal or charge for
mintage, but dollar unit of coinage
for both metals must be of equal in
trinsic and exchangable value or be
adjusted by international agreement
or by such safeguards of legislation as
shall insure the maintenance of O.
rarity of the two metals, and equal
power of every dollar at all times in
the markets and in payment of debts,
and we demand that all paper cur
rency be kept at par with and re-
deemable in such coin. We insist
upon this policy as especially neces-
sary for the protection of farmers end
laboring classes, the first and most de-
fenseles, victims of unstable money
and fiuctuating currency.
Sec. 8. We recommend that the
prohibitory 10 per cent tax on state
hank issues be repealed.
| Sec. 8. Public Office Is public
trust. We re-affirm the declaration
of the Democratic convention of 1876
tor the reform of the civil service and
call for an honest enforcement of all
laws regulating the same. The nom-
ination of q president, as in the recent
Republican convention by delegations
composed largely of appointees hold
ing Office at his pleasure, is @
scandalous satire upon free, pop
ular institutions and q startling
illustration of the methods
by which the president may crafty
his ambition. We denounce policy
under which Federal officeholders
usurp the control of party conventions
in the states, and pledge the Demo-
cratic party to reform these and all
other abuses which threaten individ-
ual liberty and local self-government.
Sec. 10. The Democrrtic party is the
only party that has ever given the
country a foreign policy consistent
and vigorous, compelling respect
abroad and inspiring confidence at
home. While avoiding entangling
alliances, it has aimed to cultivate
friendly relations with other
nations, especially our neigh
bors on the American
continent, whose destiny is closely
linked with our own and we view
with alarm the tendency to the policy
of irritation and bluster which is
liable to confront us with the alterna-
tive of humiliation or war at any time.
We favor the maintenance OF navy
strong enough for all purposes of
national defense and to properly
maintain the honor and dignity of the
country abroad.
Sec. IL. This country has always
been the refuge of the oppressed fiom
every land-exiles for conscience sake
and in the spirit of the founders of
our government, we condemn the OPP
preston practiced by the Russian
, government upon its Austrian and
( Jewish subjects and call upon our
, national government in the interest
, OF Justice and humanity by all proper