Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1892-06-23

blI6T u 4 hll ulkuI 6e55tuli, LilO hoiotpoN
and most exciting in the history OF the
party, Cleveland was declared the nomi-
= nee for president at $40 O'Clock Ibis
morning.
ro-DAY's SESSION.
The convention was again called to
order at 2:30 this afternoon, and the
o principal candidates for the vice-presi-
dency were Gray. of Indiana; Stevenson,
of Illinois; Mitt hell. OF Iowa, and Judge
Morse, of Michigan. Stevenson was re-
garded with great favor as more likely to
:, carry his state than any Of the other
= candidates. While his name was being
placed in nomination tremendous rain
storm ragged and repeated caps Of thunder
drowned the speakers voice.
Laub, of Indiana, nominated Gray and
Il Pennsylvania and Connecticut seconded
5 his nomination.
THE yICE.PRESIDENCY.
y The first ballot for the vice presidency
. +. resulted in no choice. The vote was
scattered between Gray, Stevenson and
: Morse, the first named leading. Iowa
: cast "a votes for Watterson, of Kentucky.
,, Stevenson, of Illinois. was nominated
at 4 AS on the second ballot.
Il
charges that the Republican party is try
ing to secure national contiol of state |
elections; hints at trying to suppress
trusts by law; declares reciprocity an
original Democratic measure and says:
We reiterate the oft-repeated doctrines
OF the Democratic party that the necessity
of the government is the ouy justification
for taxation, and where tax is unnec-
esssry it is unjustifable; that when
custom house taxation is levied upon
articles of any kind produced in this
country, the difference between the cost
of labor here and labor abroad, when
such difference exists, fully measures any
possible benefit to labor and the enor-
nous additional impcsitions of the exist
ing tariff, fail with great force upon our
farmers and workingmen and for the ad-
vantage Of the rich, whom it enriches
exacts from labor an unjust share of the
expenses of the government; and we de-
mand such revision of the tariff laws as 2
will remove their iniquitous inequality, t
tighten their expressions and put them C
on constitutional and equitable basis. v
But in making reduction in taxes, it is 8
not proposed to injure any domestic in p
dustries, but rather to promote their
Of this government taxes collected at the
custom house have been the chief source
of federal revenue. Such they must con- s"
have come to rely upon legislation for M
snccessfnI continuance an that anv te
changes of law must be at every step II
regardful of labor and capital thus in n
yolved. The process of reform must be a.
onb in ifS tn ntofn
of justice. p
We deuounce the Mckinley tariff law U
enacted by the Fifty-first congress as the "a
eliminating atrocity of class legislation u
we endorse the efforts made by the Demo- c
Gratis of the present congress to modify
it's most oppressive features in the drec
ton Of free raw materials and of cheaper
goods that enter into gen. d,
eral consumption; and we promise its re- d,
peal as one OF the benificent results that hi
may follow the action OF the people in en- tn
trusting power to the Democratic party. pl
Since the Mckinley tariff went into opera or
ton there have been ten reductions OF the di
wages of the laboring men to one increase. m
We DENY that there has been increase of ca
to the country since the tariff TO
went into operation and We point to the s
dullness and distress which wage earners Al
and strikes cause in the iron trade as the st
best possible evidence that no such prosper 2.
ity has resulted from the Mckinley act.
We call the attention Of thoughtful Ameri
cans to the fact that after thirty years Of
restrictive taxes against the completion OF
foreign wealth in exchange for our agri
cultural supplies the homes and farms Of
the country have become burdened with ex
a real estate mortgage of over two thous- IN
and FIVE hundred million dollars, exclu- vi
sive of all other forms of Indebtedness;
that in one of the chief agricultural states pr
OF the union there appears real estate I'll
debt averaging $l65 per capita OF the total
and that similar conditions ac
and tendencies are shown to exist in the 10
other agricultural states; We denounce
policy which fosters no industry 80 much 10
as it does that Of the sheriff. pc
WOULD DISTURB TITLES. a., 90
The Republican party, while protesting
the policy Of reservlng the public land for m
small holdings by actual settlers has bi
given away the peoples heritage till now tir
a few rich and nonresident aliens, indi i'm
vidual and corporate, possess larger area 90
than that of all our farms between the on
two seas. The last Democratic admins
tration reversed the improvident and un.
wise policy of the Republican party touch
ing the public domain and reclaiming
from corporotions and syndicates, alien bl
and domestic, and restored to the people er
nearly 100000, 900 acres Of valuable land uE
to be sacredly held as homesteads for our ar
citizens, and We pledge ourselves to CON. ie
tinue this policy until every acre of land OF
30 unlawfully held shall be reclaimed and n, m
restored to the people. II
THE FINANCIAL PLANK. n
We denounce the Republican legsla- D.
ton known as the Sherman act Of 1890 as Bt
a cowardly makeshift, fraught with possi- re
bilties of danger in the future, which or
should make all wise supporters, as we'll WI
as its author, anxious for its speedy re- tn
peal. We hold to the use of both gold pr
and silver as the standard money Of the W
and to the coinage Of both gold til
and silver, without discriminating against G,
either metal, or charge for nintage, but ag
the dollar unit Of coinage of both metals he
must be Of equai instrinsic and exchange v
able value or be adjusted through inter- to
national agreement or by such safeguards ga
Of legislation as shall insure the maintain. ad
ance Of the party Of the two metals and in
the equal power Of every dollar at all oil
times in the markets and In the payment Sc