The Globe-republican., 1896-07-16

fEhSONAL AND Liberty.
I'VE the Democrats of the Unitei States. in
National convention assembled. do reaf,irm
our allegi ance to those great essential princi-
pie, of justic, and liberty upon which our in
situations ara founded. and which the Demo
cratic party has advocated from Jeferson's
time to our own-freedOm Of speech. freedom
of the press. freedom of conscience. the preser-
walton OF personal rights the equality OF all
citizcns before the law, and the faithful OBJ
servance of constitutional limitations. The
constitution of the United States guarantees
to every citizen the right, of civil AMI religious
liberty. The Democr att: party has always
been the exponent of political liberty and re-
ligious freedom and it Ienews its obligations
and reaffirms its devotion to tn ase fundamental
principles of the constitution.
During all these years the Democratic party
has resisted the tendency of selfish interests to
the Capitalization of governmental power, and
has steadfastly maintain that the integ rity
of the dual scheme of government established
by the founders of this republic of republics.
Under its guidance and teachings the great
principle of local self-government has found
its best expression in the maintenance of the
rights of the States and its asser ion that it is
necessary to con fine the general government to
the e scrcise of the pOwe:s granted by the con-
stitutiOn.
THE MONEY QUESTION.
Recognizing that the money question is
attention to the fact that the federal constitu-
ton names silver and gold to- ether as the
money metals OF tn, United Staes and that
the first coinage law passed by Congress under
the constitution made the silver dollar the
monetary unit and admitted gold to free coin
age at a ratio based upon the silver unit
We declare that the act of 1878. demOnetiz-
ing silver without the knowledge or approval
of the American people. has resulted in the
| appreciation of gold and a corresponding fall
in the prices of commodities produced by thu
people: heavy in: re Use In the burden of tax
alton, ami of all debts. publi: and private; the
enrichment of the money lending class at home
ard abroad: paralys sis of industry and impovcr-
ishment of tho people
NO GOLD MoNOMETALLIsM.
"We are unalterab!y opposed to the mono
metalllsm which ha, locked fast the
prosperity of an Industrious people in tn, par
alysis of hard timsA Gold monom .taliism is
British policy. AMI its adoption has
brought other nations into financial sarvi-
tude to London 1t is not Oaly un-American.
but anti-American. and it can be fastened upon
the United States only by the sitting of that
spirit and love Of liberty which proclaimed
our political Independence in l776 and won it
| in the war OF the revolution
I'VE demand the free and unlimited coin
age Of gold and silver at the present
legal ratio Of 16 to l. without
waiting for the aid or consent OF any other
nation. We demand the standard silver dollar
shall b, fulllegal ten Ter. equally with gold
zsuch legislation as will prevent the demoneti-
alton Of any kind of legal tender money BY
private contract
I'VE are opposed to tn, policy and practice
Of surrendering to the holders of the obliga-
tions Of the United States the option reserved
BY Law to the government OF rcdeeming such
obligations in either silver coin or gold coin.
AGAINST INTEREST BEARING BONDS.
We ara oppos I'd to the issuing OF interest
bearing boEds of tho United States in times of
peace. and condemn thu treficking with bank
ing syndicates which. in exchange for bonds
and at enormous profit to themselves,
supply the federal trea ,ury with gold to main
tain the poli,y OF gold mo Iometallism.
Congress alone has Che power to coin AMI
issue monev. ami Presi lcnt Jackson declared
that this power could not be delegated to co.
porations or Individuals We Their fore d.
nounce the issu once of notes as money for ma
tional banks as in der ,gltion OF the constitu-
tioa. and We d.m ,nj that all paper which is
made legal tender for public and private debts
States, shall be issued by tbs government of
| tho United States and shall be redeem be in
coin
THE N'KINLEY LAW DENOUNCED.
We hold that tariff duties shon'd be levied
| for purposes Of revenu,, such duties to be SO
adjusted as to operate equally throughout
the country and not discriminate between
class or soc ion and that taxation
should DO limited by the need, OF tie
government, honestly and economically admin
istered. We denouh.e as disturbing 70 bust
mss the Republican threat to restore the
Mckinley Law. whi,h has be,n twice con-
DENIED By the people in national elections, and
which. enacted und,r tn, false plea Of protec-
| ton to HON, industry. prov,d q prolific breeder
of trusts and monopolies enriched tho few at
the expense OF tn, many. restricted tfIde an1
deprived the producers of the great American
| staple. Of access to their natural markets
No TARIFF wORK-INCOME Taxa
Until tho money question Is settled 10 arc
opposed to an, agitation for further changes
| in our tariff Laws except such a. are neces-
sary to meet tn, deficit in revenue caused
! by the advers, decision Of tho Supreme court
On the income tax
But for this decisioo b. The supreme court
there would b no deficit in he revsnus under
ths Law passed b. . Democrats Coosrso IN
strict pafsuance q the uniform dsoisioos Of
| that court for nearly lJe yean that court hav-
ine n that dsoisioo sustainod co0seituti00al
ohjectaooD % tts eoastmsat which had
bssa ovssrulsd b. ths ablsst judges vho
havo svse sat On tAat bsucA- We declare that
| it h ths dnfy Of Cooeres TO - an H. eoasti
tukioaal power whieA remains aftsI TIT dse3D
| -. q Which may cpms Iron ID Tsvsesal b