Chief among its principles of party faith are the maintenance of an indissoluble union of free and indestructible States, now about to enter upon its second century of unexampled progress and renown; devotion to a plan of government regulated by a written Constitution strictly specifying every granted power and expressly reserving to the States or people the entire ungranted residue of power; the encouragement of a jealous popular vigilance, directed to all who have been chosen for brief terms to enact and execute the laws and are charged with the duty of preserving peace, insuring equality, and establishing justice.

The Democratic party welcomes an exacting scrutiny of the administration of the Executive power which, four years ago, was committed to its trusts in the election of Grover Cleveland, President of the United States; but it challenges the most searching inquiry concerning its fidelity and devotion to the pledges which then invited the suffrages of the people. During a most critical period of our financial affairs, resulting from over-taxation, the anomalous condition of our currency, and a public debt unmatured, it has, by the adoption of a wise and conservative policy, not only averted a disaster, but greatly promoted the prosperity of the people. It has reversed the improvident and unwise policy of the Republican party touching the public domain, and has reclaimed from corporations and syndicates, alien and domestic, and restored to the people nearly one hundred millions of acres of valuable land to be sacredly held as homesteads for our citizens.

While carefully guarding the interests of the taxpayers and conforming strictly to the principles of justice and equity, it has paid out more for pensions and bounties to the soldiers and sailors of the Republic than was ever paid before during an equal period.

It has adopted and consistently pursued a firm and prudent foreign policy, preserving peace with all nations, while scrupulously maintaining all the rights and interests of our own Government and people at home and abroad. The exclusion from our shores of Chinese laborers has been effectually secured under the provision of a treaty the operation of which has been postponed by the action of a Republican majority in the Senate.

Honest reform in the civil service has been inaugurated and maintained by President Cleveland, and he has brought the public service to the highest standard of efficiency, not only by rule and precept, but by the example of his own untiring and unselfish administration of public affairs.

In every branch and department of the Government under Democratic control the rights and welfare of all the people have been guarded and defended; every public interest has been protected, and the equality of all our citizens before the law, without regard to race or color, has been steadfastly maintained.

Upon its record thus exhibited, and upon a pledge of a continuance to the people of these benefits, the Democracy invokes a renewal of popular trust by the re-election of a Chief Magistrate who has been faithful, able, and prudent. We invoke, in addition to that trust, the transfer also to the Democracy of the entire legislative power.

The Republican party controlling the Senate and resisting in both houses of Congress a reformation of unjust and unequal tax laws which have outlasted the necessities of war and are now undermining the abundance of a long peace, denies to the people equality before the law, and the fairness and the justice which are their right. Thus the cry of American labor for a better share in the rewards of industry is stifled with false pretences, enterprise is fettered and bound down to home markets, capital is discouraged with doubt, and unequal, unjust laws can neither be properly amended nor repealed. The Democratic party will continue with all the power confided to it the struggle to reform these laws, in accordance with the pledges of its last platform, endorsed at the ballot-box by the suffrages of the people.

Of all the industrious freemen of our land, the immense majority, including every tiller of the soil, gain no advantage from excessive tax laws, but the price of nearly everything they buy is increased by the favoritism of an unequal system of tax legislation. All unnecessary taxation is unjust taxation. It is repugnant to the creed of Democracy that by such taxation the cost of the necessaries of life should be unjustifiably increased to all our people. Judged by Democratic principles, the interests of the people are betrayed when, by unnecessary taxation, trusts and combinations are permitted to exist which, while unduly enriching the few that combine, rob the body of our citizens by depriving them of the benefits of natural competition. Every Democratic rule of governmental action is violated when, through unnecessary taxation, a vast sum of money, far beyond the needs of an economical administration, is drawn from the people and the channels of trade, and accumulated as a demoralizing surplus in the national Treasury. The money now lying idle in the Federal Treasury, resulting from superfluous taxation, amounts to more than one hundred and twenty-five million dollars, and the surplus collected is reaching the sum of more than sixty millions annually. Debauched by this immense temptation, the remedy of the Republican party is to meet and exhaust by extravagant appropriations and expenses, whether constitutional or not, the accumulation of extravagant taxation. The Democratic policy is to enforce frugality in public expense, and to abolish unnecessary taxation. Our established domestic industries and enterprises should not, and need not, be endangered by the reduction and correction of the burdens of taxation. On the contrary, a fair and careful revision of our tax laws, with due allowance for the difference between the wages of American and foreign labor, must promote and encourage every branch of such industries and enterprises, by giving them assurance of extended market and steady and continuous operations in the interests of American labor, which should in no event be neglected. The revision of our tax laws contemplated by the Democratic party should promote the advantage of such labor, by cheapening the cost of the necessaries of life in the home of every workman, and at the same time securing to him steady and remunerative employment. Upon this question of tariff reform, so closely concerning every phase of our national life, and upon every question involved in the problem of good government, the Democratic party submits its principles and professions to the intelligent suffrages of the American people.

Resolved, That this convention hereby endorses and recommends the early passage of the bill for the reduction of the revenue now pending in the House of Representatives.