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 Rh of the people, stay the tide of corruption and extravagance which overflows the land, and place the control of the resources and finances of the country in the hands of the people.

We therefore establish the Independent party and declare its principles to be as follows:

1. ''It is the duty of the government to establish the monetary system based upon the faith and resources of the nation in harmony with the genius of this government, and adapted to the demands of legitimate business. To this end the circulating notes of all National and State banks, as well as all local currency should be withdrawn from circulation, and a paper money issued by the government directly to the people without the intervention of any system of banking corporations, which money shall be a legal tender in payment of all debts, public and private, duties on imports included. This money to be interchangeable, at the option of the holders, with registered government bonds, bearing a rate of interest not exceeding 3.65 per cent, per annum.''

2d. This system of finance will, by stimulating our industries and commerce, soon make the United States the depository of the precious metals of the world.

3d. The adoption of this system, by furnishing sufficient money at low interest, will solve the question of cheap transportation, because it will enable the railroads and carrying trades to relieve themselves of their loads of debt, lower their rates, and enable the people to construct additional lines whenever internal commerce may require. * * *

The above is but a portion of a most excellent platform adopted by a large Convention "composed almost entirely of delegates chosen by Counties, Congressional