The National Republican Party of the United States, assembled in National Convention in the City of Chicago, on the 21st day of May, 1868, make the following Declaration of Principles:

1. We congratulate the country on the assured success of the Reconstruction policy of Congress, as evinced by the adoption, in the majority of the States lately in rebellion, of Constitutions securing Equal Civil and Political Rights to all, and it is the duty of the Government to sustain those institutions, and to prevent the people of such States from being remitted to a state of anarchy.

II. The guaranty by Congress, of Equal Suffrage to all loyal men at the South, was demanded by every consideration of public safety, of gratitude, and of justice, and must be maintained; while the question of Suffrage in all the loyal States properly belongs to the people of those States.

III. We denounce all forms of Repudiation as a national crime; and the national honor requires the payment of the public indebtedness in the uttermost good faith to all creditors at home and abroad, not only according to the letter but the spirit of the laws under which it was contracted.

IV. It is due to the Labor of the Nation that taxation should be equalized, and reduced as rapidly as the national faith will permit.

V. The National debt, contracted, as it has been, for the preservation of the Union for all time to come, should be extended over a fair period for redemption; and it is the duty of Congress to reduce the rate of interest thereon whenever it can be honestly done.

VI. That the best policy to diminish our burden of debt is to so improve our credit that capitalists will seek to loan us money at lower rates of interest than we now pay, so long as repudiation, partial or total, open or covert, is threatened or suspected.

VII. The Government of the United States should be administered with the strictest economy; and the corruptions which have been so shamefully nursed and fostered by Andrew Johnson call loudly for radical reform.

VIII. We profoundly deplore the untimely and tragic death of Abraham Lincoln, and regret the accession to the Presidency, of Andrew Johnson, who has acted treacherously to the people who elected him and the cause he was pledged to support; who has usurped high legislative and judicial functions; who has refused to execute the laws; who has used his high office to induce other officers to ignore and violate the laws; who has employed his executive powers to render insecure the property, the peace, liberty and life, of the citizen; who has abused the pardoning power; who has denounced the National Legislature as unconstitutional; who has persistently and corruptly resisted, by every means in his power, every proper attempt at the reconstruction of the States lately in rebellion; who has perverted the public patronage into an engine of wholesale corruption; and who has been justly impeached for high crimes and misdemeanors, and properly pronounced guilty thereof by the vote of thirty-five Senators.

IX. The doctrine of Great Britain and other European powers that, because a man is once a subject he is always so, must be resisted at every hazard by the United States, as a relic of feudal times not authorized by the laws of nations, and at war with our national honor and independence. Naturalized citizens are entitled to protection in all their rights of citizenship, as though they were native-born; and no citizen of the United States, native or naturalized, must be liable to arrest and imprisonment by any foreign power for acts done or words spoken in this country; and, if so arrested and imprisoned, it is the duty of the Government to interfere in his behalf.