The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-07-09

CHICAGO. July S.-The platform
submitted by the majority of the COM
mittee on resolutions is as follows:
1--WE, the Democrats Of the United
States, in convention assembled. do
reaffirm our allegiance to these great
essential principles of justice and lib
erty upon which our institutions are
founded, and which the Democratic
party has advocated from JeffersOn'S
time to cur Own-freedOm of speech,
freedom of press, freedom Of con-
science, the preservation of personal
rights, the equality of all citizens be-
fore the law, and the faithful Observ-
ance of constitutional limitations.
RESISTED SELFISH INTERESTS.
During all these years the Demo-
cratic party has resisted the tendency
of selfish interests to the eentraliza-
ton of governmental power, and
steadfastly maintained the integrity of
the dual scheme of government as
| established by the founders of this
republic of republics. Under its guild
ance and teachings the great principle
of government has found its best
| expression in the maintenance of the
rights of the states and its assertion
of the necessity of combining the gen
eraI government to the exercise Of the
/ the United States.
MONEY QUESTION PARAMOUNT.
Recognizing that the money ques-
ton is paramount to all Others at this
time, we invite attention to the fact
that the federal constitution named
silver and gold together as the money
metals Of the United States, and that
the first coinage law passed by con-
gress under the constitution made the
silver dollar the monetary unit and
admitted gold to free coinage at
ratio based upon the silver dollar unit
We declare that the act of 1873.
demonetiZing silver without the knoWl-
edge or approval of the American peo-
pie, has resulted in the appreciation Of
gold and a 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;
prOstration of industry and iInrover-
ishing Of the people.
A BRITISH POLICY.
I'VE are una1terably opposed 70
recommendation, which has locked fast
+ the prosperity of an Industrial people
/ in the paralysis of hard tim4s.
Gold recommendation is a British
w
other nations into servftude to London.
1t is not only un-American, but anti
j. American, and it can b. fastened on
I the United States only by the sinking
! of that spirit and love Of liberty which
proclaimed our political Independence
in 1176 and won it in the war of the
revolution.
I'VE demand the free and unlimited
I coinage Of both gold and silver at the
} present legal ratio Of Is to 1, without
waiting for the aid or consent Of any
other nation. We demand that the
silver dollar shall be full legal lender
equally with gold for all debts, public
and private, and we favor such leg
islation as will prevent for the future
the characterization of any kind of legal
tender money by private contract.
BONDS IN TIME OF PEACE.
1--WE are opposed to the policy and
practice of surrendering to. the holders
of the obligations of the United States
the option reserved by law to the gOV-
eminent of redeeming such obligations
in silver or in gold coin. We are op-
posed to the issuing of interest-bear-
ing bonds of the Unites States in time
of peace, and condemn the traffickiug
with banking syndicates which, in e1z-
change for bonds at an enormous profit
to themselves, supply the federal treas
ury with gold to MAINTAIN the pOIIcy or
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 cir
culate as money be taken from the
national banks, and that all paper
money shall be issued directly by the
treasury department, be redeemable in
coin and receivable for all debts, pub
lie and private.
1--WE hold that the tariff duties should
be levied for the purpose Of revenue.
such duties to be so adjusted as to
operate equally throughout the coun-
try, and not discriminate between
class or section. and that taxation
should be limited by the needs Of
government
HONESTLY AND ECONOMICALLY