Little Falls weekly transcript. (Little Falls, Morrison Co., Minn.) 1894-19??, 1896-07-10
SILVER PLATFORM
Text Of the Report Agreed to
by the Committee on
Resolutions.
Gold Mer Opposed Its Adop-
ton but Were Outvoted
Two to One.
DecIeres for Free Silver, Tar
iif for Revenue and an
Income Tax.
Opposes Issue Of Bonds, Fed
eral Interference and a
Third Term.

CHICAGO, July 9.-The days session
of the resolutions committee continued
= for five and a half hours and was de-
voted by the majority to the careful
scrutiny of the platform as prepared
and reported by the subcommittee. 1t
was f1>t read as whole, many Of the
sections receiving applause. The docu-
ment was then taken up section by sec.
ton, and the sections acted upon. There
were very few changes made by the full
committee, though many were offered.
Probably the most important change
was that suggested by Mr.. Jones Of
New Mexico, declaring i'll explicit terms
for the admission of New Mexico and
Arizona as states. Several Of the sec.
lions aroused considerable discussion,
though there was comparatively little
luminosity displayed. Tho report was
finally adopted by vote Of 33 to Is and
is as follows:
Money Plank Is First.
We, the Democrats of tho United States,
in national con mention assembled, do re-
affirm our allegiance to those great essen
tial principles Of justice and liberty upon
which our institutions are founded and
which the Democratic party has main
tanned from Je AersOn'S time to our own,
freedom Of speech, freedom of press, free
dom Of conscience, the preservation Of
personal rights, the equality of all citizens
before the law and tho faithful Observ-
ance of constitutional limitations
Recognizing hat the money question is
paramount to all ct hers ut this time, we
invite attention to the fact that the fed
eral 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 cOnsti-
tuition mp(le the silver cellar the none
talry unit and admitted gold to free coin
age at |. Iutlo busted upon Tic silver dollar
unit
Sss Result of Decentralization.
We declare that the act of 1873, demone-
s thing s.l er ,;-t..G>.t tho knowledge or
IF approval Of the American people has re-
suited in TIC appreciation OF gold and u
!. corresponding fall in tho prices Of COM
modit"s produced by tho people; II heavy
increase in tho burden of taxation and Of
Ill debts, pubic and private; the enrich
menu of the money lending class at home
and abroad; paralysis of industry and
ilnpovcrishllent OF he people.
/ We are unultcrubly opposed to mono
net,allism, which has locked fast the
prosperity of al Industrious people in the
paralysis Of hard times. Gold mononlet-
allisln is Il British policy, founded upon
British greed for g,,in and power, and it's
general adoption mas brought other na-
tiOns into finn Hcial scrI itude to London.
1t is not only UnAmerlcan 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 irde,cnderce and won it in
the war of the l.evolution.
Demand Immediate Restol alton.
We demand the immediate restoration
/. of the free and unlimited coinage Of gold
and silver at the present legal ratio of Is
to l, without waiting for the aid or con-
sent of any other nation. We demand
that the standard silver dollar shall be Il
4 full legal tender equally with gold, for
all debts, public ard private, and we favor
such legislation as will prevent for the
future the decentralization Of any kind of
legal tender money by private contract.
We are opposed to the policy and prac-
tice of surrenderiEg to the holders of the
obligations of the United States the option
! reserved by law to the government of
redeeming such obligations in either silver
4 coin or gold coin.
Oppose Bond Issues.
We are opposed to the issuing of inter-
est-bearing bonds of the United States In
-. . %lr> <rof HnE-
Ing with banking syndicates which, in
exchange for bonds and ut an enormous
4 profit to themselves, supply the federal
N of gold monometallism.
Congress alone has the power to coin
and issue money, and President jackson
declared that this power could not be del
egated to corporations or individuals. We
a therefore demand that the power to issue
notes be taken from the banks and that
all paper money shall be issued directly
by the treasury department., be redeema-
BILE in coin and receivable for all debts,
public and private
Tariff For Revenue Only.
We hold that tariff duties should be
4 levied solely 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 Wedenouuce
as disturbing to 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 prolific breeder Of trusts
4 and monopolies, enriched the few at the
expense Of the many, restricted trade and
deprived the producers or the great Amer
lean staples of access to their natural mar
II kets Until the money question is settled
we are opposed to any agitation for fur
Their changes in the 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.
Favor an Income Tax.
But for this decision of the supreme
court there would be no deficit in the rev
enpe Hraer the law passed by Demo
q s5s;;s pursuance of the