TOM WATSON’S MAGAZINE, 121 West 42d Street, New York
SOME POPULIST PRINCIPLES
(1) Public Ownership of Public Utilities, including Railroads, Telegraphs, Telephones, etc.
(2) Direct Legislation by the people: the Initiative, Referendum and Recall.
(3) The election of all officers by the people.
(4) Graduated Income Tax and Inheritance Tax.
(5) National Currency created by the Government without the intervention of National Banks; every dollar to be the equal of every other dollar.
(6) Postal Savings Banks; the eight-hour day, regulation of Child Labor in Factories, Sweat-shops and similar avocations.
(7) Opposition to land monopoly.