Third. We believe that the time has come when the railroad corporations will either own the people or the people must own the railroads; and, should the Government enter upon the work of owning and managing all railroads, we should favor an amendment to the Constitution by which all persons engaged in the Government service shall be placed under a civil service regulation of the most rigid character, so as to prevent the increase of the power of the national administration by the use of such additional Government employés.
We demand—
First, A national currency, safe, sound, and flexible, issued by the General Government only, a full legal tender for all debts, public and private, and that, without the use of banking corporations, a just, equitable, and efficient means of distribution direct to the people, at a tax not to exceed two per cent. per annum, to be provided as set forth in the sub-treasury plan of the Farmers’ Alliance, or a better system; also, by payments in discharge of its obligations for public improvements.
(a) We demand free and unlimited coinage of silver and gold at the present legal ratio of sixteen to one.
(b) We demand that the amount of circulating medium be speedily increased to not less than fifty dollars per capita.
(c) We demand a graduated income tax.
(d) We believe that the money of the country should be kept as much as possible in the hands of the people, and hence we demand that all State and national revenues shall be limited to the necessary expenses of the Government economically and honestly administered.
(e) We demand that postal savings banks be established by the Government for the safe deposit of the earnings of the people and to facilitate exchange.
Second, Transportation. Transportation being a means of exchange and a public necessity, the Government should own and operate the railroads in the interest of the people.
(a) The telegraph and telephone, like the post-office system, being a necessity for the transmission of news, should be owned and operated by the Government in the interest of the people.