The record-union., 1896-07-09

| without the knowledge or approval of
the American people, has resulted in the
appreciation of gold and correspond
ing fall in the prices of commodities pro-
duced by the people as heavy increase
in the burden of taxation and of all
debts, public and private, the enrich
ment of the money lending class at home
and abroad, the prostration of industry
and impoverishment of the people.
| We are unalterably opposed to mo-
nometallism, which has locked fast the
prosperity of an industrial people in the
paralysis of hard times. Gold mono
metallism Is British policy, and it's
adoption has brought other nations into
financial servitude to London. 1t is not
| only un-American, but anti-American,
and it can be fastened on the United
States only by the sitting of that spirit
and love of liberty which proclaimed our
political independence in 1916 and won
1t in the war of the revolution.
I'VE demand the free and unlimited
coinage of both 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 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 in the
| future the decentralization of any kind
of legal tender money by private con-
| tract
| I'VE are opposed to the policy and
| practice of Surrendering to the holders
| or obligations of the United States the
option reserved by law to the Govern
| ment, of redeeming such obligations in
either silver coin or gold coin.
We are opposed to the issuing of in
| terest bearing bonds of the United
| states In time of peace, and condemn
| the trafficking with banking syndicates,
which in exchange for bonds and at an
enormous profit to themselves supply
| the Federal treasury with gold to main
| tain 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 corporations or individuals.
| We therefore demand that the power to
| issue notes to circulate as money be
! taken from the national banks, and that
all paper money shall be issued directly
| by the Treasury Department, be re-
| deemable in coin and receivable for all
debts, public and private
I'VE hold that tariff duties should be
levied for purposes. Of revenue, such
| duties to be so adjusted 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 as disturbing to busi-
ness the Republican threat to restore
| the Mckinley law, which has twice been
condemned by the people in national
elections, and which, enacted under the
false plea of protection to home indus
tries, proved a prolific breeder of trusts
and monopolies, 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 settled
we are opposed to any further agitation
for further changes in our tariff laws,
except such as are necessary to meet
the deficit in revenue caused by the ad-
verse 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 in the Law passed
by Democratic Congress, in strict pur-
suance Of the uniform decisions of that
court for nearly 100 years, that court
having in that decision sustained con-
stitutional objections to it's enactment
which had previously been overruled by
the ablest Judges who have ever sat On
that bench.
I'VE declare that it IS the duty Of
Congress to use all the constitutional
power which remains after that decis-
ion, or which may come from its re-
verSal by the court as It may hereafter
be constituted, so that the burdens of
taxation may be equally and impair
TALLY laid, to the end that wealth may
bear its due proportion of the expenses
If the Government.
I'VE hold that the most efficient way
Of protecting American labor is to pre-
vent 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 is greatly reduced by a vicious
monetary system, which depressed the
prices Of their products below the cost
of production and thus deprives them
of the means of purchasing the prod
ucts of our home manufactures
''The absorption of wealth by the few,
the consolidation of our leading rail-
road systems and the formation of
trusts and pools require a stricter con-
troll by the Federal Government of those
arteries of commerce. We demand the
enlargement Of the powers of the Inter
state Commerce Commission and such
| restrictions and guarantees in the con-
troll Of railroads as will protect the peo-
| pie from robbery and oppression.
I'VE denounce the prohigate waste of
the money wrung from the people by
| oppressive taxation and the lavish ap-
propriations of recent Republican Con-
crosses, which have put the taxes high
er, while the laborer that pays them is
unemployed and the products of the
peoples toll are depressed in price un-
til they no longer repay the cost of pro-
| duction.
| We demand a return to that simplic-
| ity and economy which BELTS a demo-
cratic Government and reduction in the
number of useless offices, the salaries
| of which drain the substance of the
people.
| I'VE denounce arbitrary interference
! by Federal authorities in local affairs
as a violation of the Constitution of the
/ United States and a crime against free
institutions, and we especially object to
government by injunction as a new and
highly dangerous form of oppression.
| by which Federal Judges, in contempt
CT the laws of the States and rights of
| citizens. become at once legislators
| judges and executioners, and we ap-
prove the bill passed at the last session
&C. the United States Senate, and now
pending in the House of Representa-