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Domestic News June 27, 1878

The Anti Monopolist

Saint Paul, Ramsey County, Minnesota

What is this article about?

Iowa Democrats shift towards National party's financial views at 1878 Cedar Rapids convention, denouncing Republican policies and endorsing Judge Knapp for supreme judge, with approval from New York World.

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The New Haven Union says, the Democrats of Iowa are progressing. In 1876 they went in for Tilden, hard money, and monopoly. In 1878 they are to give countenance to the financial views and nominees of the National party. The state convention at Cedar Rapids, recently went so far as to say that "the financial system of the republican has been one of foster to moneyed monopolies, of unequal taxation, of exemption of class, and of remorseless contraction that has destroyed every enterprise which gave employment labor and therefore we denounce it; its measures, its men, as responsible for the financial distress, misery, and want which now afflict the nation."

In laying down a specific line of policy they declare for funding of the debt in low interest bearing bonds; the establishment of a full legal tender paper currency; the repeal of the resumption act, and the retirement of the national bank notes. After the adoption of this platform the convention proceeded to indorse the candidate of the Nationals for supreme judge. This insures the election Judge Knapp.

Singularly enough the New York World finds no fault with the Iowa platform. It declares it "a fair declaration of principles. A party in the minority can afford itself the luxury of saying what it really thinks, and whoever wrote the platform appears to have meant every word he said." Does this indicate that there is to be a new deal all around in the Democratic party?

Will New York and Connecticut follow Pennsylvania and Iowa in breaking the hard yoke!

These Nationals are evidently disturbing the Democratic mind.

What sub-type of article is it?

Politics Economic

What keywords are associated?

Iowa Democrats State Convention Financial Platform Judge Knapp National Party

What entities or persons were involved?

Judge Knapp Tilden

Where did it happen?

Cedar Rapids, Iowa

Domestic News Details

Primary Location

Cedar Rapids, Iowa

Event Date

Recently In 1878

Key Persons

Judge Knapp Tilden

Outcome

endorsement of judge knapp, insuring his election for supreme judge

Event Details

Iowa Democratic state convention at Cedar Rapids denounces Republican financial system as fostering monopolies and causing distress; adopts platform for low-interest debt funding, legal tender currency, repeal of resumption act, and retirement of national bank notes; endorses National party's candidate for supreme judge.

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