The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1896-07-09
DEMOCRATIC PLATFORM.
DECLARATION OF PRINCIPLES 10
BE ADOPTED AZ CHICAGO.


Free and Unlimited Coinage of Silver at
16 to 1-Administration Censured Indi-
rectly-CalI for Revision of Judiciary
system-Says But Little on the Tnrlff--A
Populist Document on the Whole.
Chicago, July S.--The following is the
platform as reported by the sub-com-
mittee to the full committee on resolu-
tons at its meeting this morning:
we, the democrats of the United
States in national convention assem-
bled, do reaflirm our allegiance to those
great essential principles of justice and
liberty upon which our institutions are
founded and which the democratic
party has advanced from Jefferson's
time to our own-t-freedom of speech,
freedom OF the press, freedom Of con-
science, the preservation of personal
rights, the equality of all citizens be-
fore the law and the faithful observ-
ance of constitutional limitations.
Recognizing that the money ques-
ton is paramount to all others at this
time, we invite attention to the fact
that the federal constitution names sill
yer and gold together as the money
metals of the United States, and that
the first coinage law passed by con-
gress under the constitution made the
silver dollar the unit of value and adj
mitted gold to free coinage at a ratio
measured by the silver dollar unit.
1--WE declare that the act of 1873, de-
monetizing silver without the knowl-
edge or approval of the American peo-
pie, has resulted in the appreciation of
gold and corresponding fall in the
prices of commodities produced by the
people; heavy increase in the burden
Of taxation and Of all debts public and
private; the enrichment Of the money
lending class at home and abroad
prostration of industry and impoverish-
ment of the people.
Against a Gold Standard.
eve are unalterably opposed to the
single gold standard which has locked
fast the prosperity of an industrial peo-
pie in the paralysis of hard times. Gold
monometallism is q. British policy and
its adoption has brought other nations
into financial seryitude to London. 1t
is not only an I'M American but anti
American, and 1t can be fastened on
the United States only by the sitting
of that indomitable spirit and love of
| liberty which proclaimed our political
| independence in 1776 and won 1t in the
war of the Revolution
Free Coinage Demanded.
1--WE demand the free and unlimited
coinage of both gold and silver at the
/ rot nf IA will nI n
waiting for the aid or consent of any
other nation. We demand that the
standard silver dollar shall be a full
| legal tender, equally with gold, for all
debts public and private, and we favor
| such legislation as will prevent the
decentralization of any kind of lega
| tender money by private contract
Foreign Creditors.
1--WE are opposed to the policy an6
practice of surrendering to the holders
| of the obligations of the United States
the option reserved by law to the gov.
eminent of redeeming such obligations
in either silver coin or gold coin.
Against Bonds.
I'VE are opposed to the issue of in
terest- bearing bonds of the United
States in time of peace, and condemn
the trafflcking with banking syndi
Gates, which, in exchange for bond
1 and at an enormous profit to them
selves, supply the federal treasury will
gold to maintain the policy Of golc
monometallism.
The Power of Congress,
Congress alone has the power tt
coin and issue money, and Presiden
Jackson declared that this power coul(
not be delegated to corporations or in
dividuals, We therefore demand tina
the power to issue notes to circulate a
money be taken from the Nationa
banks and that all paper money shall
be issued directly by the treasury de
partment.
Tariff for Revenue Only.
I'VE hold that tariff duties should h
levied for purposes Of revenue an,
that taxation should be limited bv IN
needs or the government honestly an
economically administered We de
nounce as disturbing to business tn
republican threat to restore the Nc
klnley law which has been twice con
demned by the people in national elec
tions and which, enacted under tn
false plea of protection to home in
dustry, proved prolific breeder q
trusts and monopolies, enriched til
few at the expense of the many. re
stricted trade and deprived the produe
ers of the great American STABLES {
access to their natural markets.
The Income Tax.
Until the money question is settle
we are opposed to any agitation fe
further changes in our tariff laws ey
cept such as are necessary to meet til
deficit in revenue caused by the &C
verse decision of the supreme court o
the income tax. There would be, n
deficit in the revenue but for the ar
nulment by the supreme court of
law passed by a democratic congress
strict pursuance of the uniform dt
cisions of that court for nearly Or
hundred years, that court having sl1.
tanned constitutional objections to +
enactment, which has been overruled b
the ablest judges who had ever sat q
that bench.
1--WE declare that it is the duty {
| congress to use all the constitution;
power which remains after that d,
cision or which may come from its r,
| versal by the court as 1t may her,