Red Lodge picket. [volume] (Red Lodge, Mont.) 1889-1907, 1896-07-11
NUMBER 46.

President jackson declared that this DOW
e. could not be delegated to corpora lions
or 1ndlNldualS. We therefore demand that
the power to issue notes be taken from
the banks. and that all paper money shall
2e issued directly by the treasury depart
meht. We hold that the tariff duties
should be levied solely for the purpose of
revenue. and that taxation should be linn
ited by the needs of the governments hon
tstly and economically administered We
denounce as disturbing to business the re-
publican threat to restore the Mckinley
! law, which has been twice condemned hy
| the people in national elections and
| which, enacted under the false plea Of
| protection to home industry proved IL
prolific breeder of trusts and monopolias
enriched the few at the expense of the
navy, 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 OPP
4 posed TO any agitation for further changes
! in our tariff laws except such as are nee
| eSSafN to make up the deficit in reVonuc
/ caused by the adverse decision of the su-
| pfeme court on the income tax. There
/ would have been no deficit i'll federal rev
/ enue during the last two years but for
/ the annulment by the supreme court of
/ the income tax law placed upon the stat
! hleS by democratic congress. The OBJ
Struction to an income tax which the Su-
preme court discovered i'll the constitll-
ton. after it had lain hidden for l00 wears
must be removed, to the end that accl-
mulated wealth may be made to bear it's
Just share of the burdens of the govern
ment. We therefore favor amendment
to the federal constitution that will per
NIT the levy of an income tax
I'VE hold that the efficient way of pro-
tecting 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 is greatly
reduced by vicious monetary system
winch depresseS the prices of their prod
ucts below the cost of production and
thus deprives them of the means of salts
fNing their needs We denounce the prof
igate waste of the money wrune from
the people by oppressive taxation. and tie
lavish appropriations of recent republican
congresses, which have kept taxes high,
while the laborer that pays them is un-
employed. and the products of the people
are depressed in price until they no longer
repay the cost of production. We demand
a return TO that simplicity and economy
which best BELTS democratic govern
ment and reduction in the number of
useless offices. the salaries of which
drain the assistance of the people Con
iding in the justice of our cause and the
necessity Of its uccess at the polls, We
submit the foregoing declaration OF plln-
ciples and purposes to the considerate
judgment of the American people. We
invite the support of all citizens.
Minority Report.
AT 2:l5 o'clock the subcommittee tim
fshed its laborS. and the anti-Silver men
Went to Senator Hills room to prepare
minority report. Briefly. it follows:
The financial plank is the first III the
platform and declares for free silver ana
denounces the issue of bonds in time of
peace. demands that the power to issue
notes be taken away from the national
banks: declares for tariff for revenue
only and that the re-enactment of the
Mckinley bill would be menace to pros
peritN: asks for constitutional amend
ment permitting the enactment of an in
come tax: expresses sympathy for Cuba;
demands that pauper immigrants be kept
out of the country; favorS liberal legiSla-
ton; expresses approval of Senator Hills
bill for regulating cases of contempt of
court in United States courts. and de
nounces the republican house for not
that bill; denounces the Pacific
railway funding bill now pending in con
grpss; opposes third terms for presidents
as a cardinal principle of democracy, and
denounces the extravaganza of the last
congress.