12. Speculations in margins, the cornering of grain, money, and products, and the formation of pools, trusts, and combinations for the arbitrary advancement of prices, should be suppressed.
13. We pledge that the Prohibition party if elected to power will ever grant just pensions to disabled veterans of the Union army and navy, their widows and orphans.
14. We stand unequivocally for the American public school, and opposed to any appropriation of public moneys for sectarian schools. We declare that only by united support of such common schools, taught in the English language, can we hope to become and remain an homogeneous and harmonious people.
15. We arraign the Republican and Democratic parties as false to the standards reared by their founders; as faithless to the principles of the illustrious leaders of the past to whom they do homage with the lips; as recreant to the “higher law,” which is as inflexible in political affairs as in personal life; and as no longer embodying the aspirations of the American people, or inviting the confidence of enlightened progressive patriotism. Their protests against the admission of “moral issues” into politics is a confession of their own moral degeneracy. The declaration of an eminent authority, that municipal misrule is “the one conspicuous failure of American politics,” follows as a natural consequence of such degeneracy, and is true alike of cities under Republican and Democratic control. Each accuses the other of extravagance in Congressional appropriations, and both are alike guilty; each protests when out of power against the infraction of the civil service laws, and each when in power violates those laws in letter and spirit; each professes fealty to the interests of the toiling masses, but both covertly truckle to the money power in their administration of public affairs. Even the tariff issue, as represented in the Democratic Mills bill and the Republican McKinley bill, is no longer treated by them as an issue upon great and divergent principles of government, but is a mere catering to different sectional and class interests. The attempt in many States to wrest the Australian ballot system from its true purpose, and to so deform it as to render it extremely difficult for new parties to exercise the rights of suffrage, is an outrage upon popular government. The competition of both the parties for the vote of the slums, and their assiduous courting of the liquor power and subserviency to the money power, have resulted in placing those powers in the position of practical arbiters of the destinies of the nation. We renew our protest against these perilous tendencies, and invite all citizens to join us in the upbuilding of a party that, as shown in five national campaigns, prefers temporary defeat to an abandonment of the claims of justice, sobriety, personal rights, and the protection of American homes.
The only opposition being to the fourth resolution declaring for the free coinage of silver, that was defeated by a vote of 596 to 335.
The campaign of 1892 gave birth to the People’s party, that embraced the old Greenbackers and most of the other odds and ends of former side political organizations, and it proved to be an important factor in the struggle. It held its national convention at Omaha on the 2d of July, with C. H. Ellington, of Georgia, as temporary chairman and H. L. Loucks, of South Dakota, as permanent president. The 1st and only ballot for President resulted as follows:
| James B. Weaver, Iowa | 995 |
| James H. Kyle, S. D. | 265 |
| Scattering | 3 |
Only one ballot was had for Vice-President, as follows:
| James G. Field, Virginia | 733 |
| Benj. S. Terrell, Texas | 554 |
The nominations of Weaver and Field were made unanimous and the following platform adopted: