Daily capital journal. (Salem, Or.) 1896-1899, 1896-10-02
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Adopted by the Democrats In National
Convention.
The following ic the full and COM
plete platform as adopted by the
National Democratic convention:
We, the Democrats of the United
States In national convention assemb-
led, do reatfirm our allegiance to those
great essential principles of Justice
and liberty upon which our institu.
tions are founded, and which the
Democratic party has advocated from
Jefferson'S time TO our own-freedom
of speech, freedom of the press, free
dom of conscience, the preservation of
personal rights, the equality of all
Icitizens before the law, and the faith
ful observance of constitutional limi-
tationS.
| During all these years the Demo-
cratic party has resisted the tendency
or selfish interests to the centraliZ-
alton of governmental power, and
Steadfastly maintained the integrity
OF the dual scheme of government
established by the founders of this
republic of republics. Under its
guidance and teachings the great
principle of local self-government has
found its best expression in the main
tenance of the rights of the states
and in its assertion of the necessity
OF contining the general government
to the exercise of powers granted by
the constitution Of the United States.
RELIGIOUS FREEDOM.
The constitution of the United
States guarantees to every citizen the
rights of civil and religious liberty.
The democratic party has always been
the exponent of political liberty and
| religious freedom and it reneWs its
obligations and reafirms its devotion
to these fundamental principles of
the constitution,
FINANCE.
Recognizing that the money ques-
| tion is paramount 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 constitution made the sill
yer dollar the money unit, and adj
mitted gold to free coinage at ratio
based upon the silver dollar unit.
We declare that the act Of 1873 de-
monetizlng silver without the knOwl-
edge or approval of the American peo-
pie has resulted in the appreciation
of gold, and corresponding fall In
the price of commodities produced by
the people; a 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, the prostratlon of industry,
and impOverishment of the people.
We are unalterably opposed to mon
ometallism, which has locked fast the
prosperity of an industrial people in
paralysis of hard times, Gold mono
metallism is a British policy, and its
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 inde-
pendence Ia 1776 and won In the war
of the revolution.
FREE COINAGE.
We demand the free and unlimited |
coinage of both silver and gold at the |
present legal ratio Of l6 TO l, without |
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 |
for the future the characterization OF
any kind of legal tender money by |
private contract.
BONDS.
We are opposed TO the policy and
practice of surrendering to the hold
ers OF the obligations, OF the United
States, the option reserved by law TO |
the government Of Tedeemlng such OBJ |
legations 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 tratficking with banking syndi- |
Gates which, in exchange for bonds |
and at an enormous proht 10 Them
selves, supply the federal treasury
with gold TO maintain the policy OF
gold mOnometallism.
ISSUE OF MONEY.
Congress alone has the power TO
coin and issue money, and PTerident |
Jackson declared that this power |
could not be delegated TO corporations
or individuals. We therefore de- |
nOunce the issuance OF notes intended
TO circulate as money by national |
banks as in derOgatiOn OF the eOnsti- |
tuition, and we demand that all paper |
which is made a legal tender for |
public and private debts or which Is
receivable for duties 10 the United
States shall be be issued by the gov
ernment OF the United States and |
shall be redeemable In coin.
TARIFF.
We hold that tariff duties should be |
levied for purpose OF revenue, such du- |
ties 10 be 50 adjusted as TO operate |
equally throughout the country aud
not discriminate between Iclass or ssc-'