Milford chronicle. [volume] (Milford, Del.) 1878-1974, 1896-07-10

a.
the single gold standard which has
locked fast the prosperity Of an in
dustrious people in The paralysis Of
hard times. Gold mOnometallism is
a British policy founded upon Brit
ish greed for gain and power and its
general adoption has brought other
nations into financial servitude to
London. 1t is not only un-American
but anti-American, and it can be tas-
tened upon the United States only
bv the sitting of that indomitable
spirit and love Of liberty which pro-
claimed our political independence
in I776,and won it in the war of the
Revolution.
We demand the immediate restor-
alton of the free and unlimited coin
age of gold and silver at the present
legal ratio of Is to /, without wait
ling for the aid or-consent OF any
other nation. We demand that the
standard silver dollar shall be full
| legal tender, equally with gold, for
ali debts, public and private, and we
favor such legislation as will prevent
the decentralization of any kind OF
legal tender money by private con-
tract
We are opposed to the policy and
practice of surrendering to the hold
ers of the obligations o: the United
States the option reserved by law to
tho Government of redeeming such
obligations in either silver coin or
gold coin. d.
We are opposed to the issuing of
| interest bearing bonds of the United
States in times of peace and con-
denim the tradcking with banking
svndicates which, in exchange for
bonns and at an enormous profit to
/ themselves, supply the Federal treas
ury with gold to maintain the policy
of gold monometallism.
Congress alone has the power to
coin and issue money, and President
jackson declared that this power
could not be delegated to corpora
tions or individuals. We, therefore,
demand that the power to issue notes
be taken from the banks and that
all paper money snail be issued di-
rectly by the Treasury department.
We hold that tariff duties should
be levied solely for purposes Of rev.
enue, and that taxation should be
limited by the needs of the govern
ment. honestly and economically adj
ministered. We denounce as dis
turbing business the Republican
threat to restore the Mckinley law,
which has been twice condemned by
the people in national elections and
which, enacted under the false plea
of protection to home industry,
proved a prolific breeder of trusts
and monopolles, enriched the few at
the expense of the many, restricted
trade and deprived the producers of
the great American staples of access
to their natural markets.
Until the money question is set
tied we are opposed to any agitation
for further changes in our tariff laws,
except such as are necessary to make
up the deficit in revenue caused by
the adverse decision of the Supreme
Court on the income tax.
There would have been no deficit
in Federal revenue during the last
two years but for the annulment by
the Supreme Court of the income
tax law, placed upon the statute
books bv a Democratic Congress.
The obstruction to an income tax
which the Supreme Court discovered
in the Constitution after it had lain
hidden for one hundred years must
be removed to the end that accumu-
lated wealth may be made to besr its
lust share of the burdens of the gov
eminent, We therefore favor an
amendment to the Federal Constitu-
ton that will permit the levy of an
income tax.
We hold that the most efficient
way of protecting American labor is
to prevent the importation of foreign
pauper labor to compete with it in
the home market, and that the value
of the home market to our American
farmers and artisans greatly reduced
by a vicious monetary system which
depressed the prices OF their pro-
ducts below the cost of production
and thus deprives them Of the means
of satisfying their needs.
We denounce the prohigate waste
of the money wrung from the people
by oppressive taxation and the Law
ish appropriations of recent Repub-
lican Congresses, which have kept
' taxes high while the labor that pays
, them is unemployed and the pro
ducts of the peoples toll are de-
pressed and in prices until they no
longer repay the cost Of production.
! We demand return to that sim
$ plicity and economy which best be
fits Democratic government and a
reduction in the number Of useless
offices, the salaries of which drain
} the substance of the people.
i. We denounce arbitrary interior
ence by Federal authorities in local
, affairs as violation of the Consti-
tuition of the United States and a
crime against free institutions, and
: we especially object to government
by Injunction as a new and danger
! Gus form of oppression by which
Federal judges, in contempt of the
laws of the States and the rights Of
citizens, become at once legislator,
Judge and executiOner.
We are opposed to life tenure in
the public service We favor APP
pointments upon merit, fixed terms
: of office and such an administration
} of civil service laws as will afford
equal opportunities to all citizens of
r ascertained fitness.
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