New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-07-10
rHE CHICAGO PLATFORM.
GREED OF THE NEW PoPULlsT-DEMo-
CRATIC SCHOOL

rRrED OF THE NEW POPULlST-DEMO-
CRATIC SCHOOL
-,rr AND UNLIMITED SILVER AT 10 TO THE
CHIEF p1.AxK-THE INCOME TAX. A REVENUE
Tariff AND AN ANARcHIsrIc ATTACK
on THE FEDERAL JUDICIARY.
CHICAGO. July 9.-The following Is the revised
tout Of the Democratic platform as adopted In
The Convention this afternoon by the over
whelming vote Of 62S to SO1:
Wa the Democrats OF the United States IN
National Convention assembled. do reafarm our
al,egiance to those great essential principles OF
1ustice and liberty upon which our institutions
are founded and which the Democratic party
has advocated from Jefferson's time to our own
freedom Of speech. freedom Of the press. freedom
~ conscience the preservation Of personal rights.
The equality Of all citizens before the law and the
faithful observance Of constitutional limitations.
During all these years the Democratic party has
resisted the tendency Of selfish interests to the
Capitalization OF governmental power. and stead
lastly maintained the integrity Of the dual
scheme Of government established by the found
ers Of this Republic Of republics. Under its
guidance and teachings the great principle OF
local disagreement has found its best express
zion in the maintenance of the rights Of the
States and in 1t. assertion of the necessity Of
combining the general Government to the exer-
else Of powers granted by the Constitution Of the
United States.
RELIGIOUS LIBERTY.
The Constitution Of the United States guaran-
tees to every citizen the rights Of civil and re-
lgious liberty. The Democratic party has al
ways been the exponent Of political liberty and
c{o FRA nd r. Inns
and reafirms its devotion to these fundamental
principles Of the Constitution.
FOR FREE AND UNLIMITED SILVER
Recognizing that the money question is para
mount to all others at this time we invite
attention TO the fact that the Constitution
names silver and gold together as the money
metals Of the United States. and that the first
coinage law passed by Congress under the Con-
stitution made the silver dollar the money unit
Of value and admitted gold TO free coinage at
ratio based upon the silver-dolla- unit We de-
clare that the act of 1878 demonetizlng
silver without the knowledge approval of the
American people. has resulted in the appreciation
Of gold and a corresponding fall in the prices of
commodities produced by the people. heavy in
crease in the burd Of taxation and of all debts,
public and private. the enrichment or the money
lending class at home and abroad, prostratior OF
Industry and impovershment Of the people.
We are unalterably opposed to monometal-
ism which has locked fast the prosperity
Of an Industrial people in the paralysis OF hard
times Gold monometallism is a British policy.
and its adoption has brought other nations into
financial servitude TO London. II is not only I'M
American but anti-American and II can be fast
ened on the United States only by the stirling OF
Tho, ,ndonitable spirit and love of liberty which
ind n ~
ond won 1t in the War of the Revolution.
We demand the free and unlimited coinage Of
both silver and gold at the present legal ratio OF
16 10 I without waiting for the aid or consent of
INV other nation. We demand that the standard
silver dollar shall be full legal tender. equally
with gold for all debts public and private. and
we favor such legislation as will prevent for the
future the demonetization of any kind OF legal
tender money by private contract. We are OPP
,,osed to the policy and practice OF surrenderfng
n the holders Of the obligations Of the United
etates the option reserved by law to the Govern
ment Of redeeniing such obligations in either sill
yer coin or gold coin.
OPPOSED TO ISSUING BONDS IN PEACE.
We arc opposed to the issuing of nterest-bear
ing bonds of the United States in time Of peace.
and condemn the traffickng with banking syn
dicates. which, in exchange for bonds and at
eral Treasury with gold to maintain the policy Of
gold monometallsrn.
AGAINST NATIONAL BANK NOTES.
Congress alone has the power to coin and issue
money. and President Jackson declared that this
power should not be delegated to corporations or
individuals. We therefore denounce the ssu-
ance Of notes intended to circulate as money by
National banks as in derogation of the Constitu-
hot al ic
made legal tender for public and private debts,
or which is receivable for duties to the United
States. shall be issued by tn. Government of the
United States and shall be redeemable in coin.
TARIFF FOR REVENUE.
We hold that tariff duties should be levied for
purposes Of revenue, such duties to be so ad-
.usted as TO operate equally throughout the
country. and not discriminate between class
or section and that taxation should be
limited by the needs Of the Government. honestly
and economically administered We denounce
a disturbing to business the Republican threat
10 restore the Mckinley law. which has been
twice condemned by the people in National cleo
tons and which enacted under the false plea OF
protection 10 home Industry. proved prolihc
breeder of trusts and monopolies. In which the
few at the expens, of the many, restricted trade
and deprived the producers of the great Ameri-
can staples OF access to their natural markets
INCOME TAX AGAIN.
Until the money question is settled we are OPP
posed 10 any agitation for further changes IN our
tariff laws except such as are necessary 10 meet
the deficit caused by the adverse decision OF the
Supreme Court on the income tax But for this
decision by the Supreme Court there would be no
deficit in the revenue law passed by Demo-
cratic Congress in strict pursuance OF the uni
form decisions Of that court for nearly one num-
dred years. that court having in that decision
sustained constitutional objections to its enact
ment which had previously been overruled by