NEW JERSEY. 



553 



girls have been in the school since its opening. 

 It is stated that five-sixths of their number are 

 now living moral and useful lives. 



The number of convicts in the State Peniten- 

 tiary on October 31, 1877, was 805, and their 

 daily average for the year 816, which is an in- 

 crease of 50 over that of the previous year. 

 The earnings and income of the prison during 

 the year amounted to $75,611.70, the expendi- 

 tures to $123,148.49, showing a deficit of $47 - 

 536.79, or $34,509.44 less than in the preced- 

 ing year. The year's earnings of the convicts 

 exceeded the cost of maintenance by $12 - 

 129.26 ; the account for maintenance includ- 

 ing provisions, fuel, light, water, clothing, and 

 all other matters of expense except the salaries 

 of the officers and employes in the prison. 



The Independent Greenback party of New 

 Jersey met in State Convention at Trenton on 

 the 14th of August, about 50 delegates being 

 present. 



The intended nomination was effected with- 

 out ballot, Thomas Horsey having been, on 

 motion, declared the nominee of the party for 

 Governor. 



The following series of resolutions was adopt- 

 ed by the convention : 



1. We demand the immediate repeal of the Re- 

 sumption Act, which has greatly aggravated the 

 evils caused by contracting the currency $12,500,000 

 since the close of the war, and increasing to that 

 amount the bonded debt of the nation ; and we con- 

 demn the refunding of 5-20 bonds in gold, which by 

 law are payable in currency. 



2. That that part of the law of February 25, 1862, 

 authorizing the issuing of the national currency 

 known as greenbacks, which limited their power 

 as a legal tender so as to except duties on imports 

 and interest on the public debt, was disgraceful to 

 the Congress which authorized it, and stamped on 

 every bill partial repudiation. 



8. That the act of May 9, 1872, reported to the 

 House of Representatives February 9.1872, from the 

 Committee on Coinage, Weights, and Measures, by 

 which silver was corruptly, and against the wishes 

 and welfare of the people, demonetized as a legal 

 tender, was an outrage upon the rights and interests 

 of the nation. We demand its unconditional repeal. 



4. We demand that the issue of all money, whether 

 paper, silver, or gold, and regulating the value there- 

 of, be made by tne Government in pursuance of its 

 prerogative or sovereignty, and that it shall not dele- 

 gate this power, directly or indirectly, to national 

 banks and corporations ; that bank-notes shall be re- 

 tired from circulation^ and the general Government 

 have no connection with banks or banking, and that 

 no paper-money shall be allowed in circulation ex- 

 cept that issued by the United States, and sustained 

 by its sovereignty and the entire wealth and credit 

 of the nation. 



5. /That the letter of the President accepting the 

 nomination, which inconsiderately committed him 

 to an immediate resumption of specie payments, was 

 not the deliberate act of a statesman, out a yielding 

 to the clamor of the money power that should not 

 bind him to the pledge in tne face of the fact that at 

 the time there was less than $55,000.000 in gold as 

 the basis for the redemption of the $383,000,000 

 legal-tender notes, $356,000,000 national-bank notes, 

 $48,000,000 of fractional currency, $600,000,000 due 

 depositors in national banks, and $1,878,000,000 due 

 depositors in savings banks, all or any one of which 

 liabilities in the first hour of a general demand for 

 specie arising from the action of the gold-gamblers 



making a corner m gold, or the accident of a panic, 

 would have resulted in national bankruptcy. 



6. lhat the act of March 18, 1869, entitled "An 

 act to strengthen the public credit of the United 

 States, ' by which the bonds of the Government pay- 

 able in lawful money were declared to be payable in 

 gold, was a fraud on the nation, imposed upon Con- 

 gress by a combination of bondholders for selflbh 

 purposes. We demand the immediate repeal nd 

 the enforcement of the act of February '>5 18C2 

 authorizing the issue of tlio 5-20 bonds and Wen- 

 backs in the following terms : " And such United 

 (states notes shall be received the same as coin at 

 their par value in payment for any loans that may 

 be hereafter sold or negotiated by the Secretory of 

 the Treasury." 



7. We demand that the cause of the late disturb- 

 ances shall be removed, by the inauguration of a 

 financial policy which will give money to productive 

 industry, and full employment, at good wages to 

 Jabor, instead of an increase of the army ; and we 

 condemn the present and past financial policv, which 

 in 10 years has brought the most prosperous nation 

 in the world to a condition bordenng on revolution 

 embarrassed or ruined nearlv all our business men 

 closed half our factories, reduced production one- 

 half, and to-day presents the appalling spectacle of 

 4,000,000 men idle and starving in the midst of pro- 

 fuse abundance. 



8. That in order to consume their products Inbor 

 must be paid good wages, and that the continued re- 

 duction of wages consequent upon contraction has so 

 reduced the power of labor to consume that work- 

 shops are closed and millions arc idle. 



9. That equality and uniformity in taxation is a 

 fundamental principle of constitutional law ; tint 

 any and every statute which directly or indirectly 

 exempts one class from taxation while it impost 

 that taxation upon another class, is unjust, arbitrary 

 and should be resisted ; that the exemption of any 

 bond or obligation from taxation by the town, coun- 

 ty, city, State, or National Legislature which issues 

 it, is a violation of that equality of rights Govern- 

 ment is bound to secure ; it is an infringement upon 

 the laws of property which no exigency can secure 

 and no law can justify. 



10. That manhood suffrage shall forever be held 

 inviolate, and we condemn the unsuccessful attempt 

 of Republican and Democratic politicians in Ntw 

 York State to enact a bill, already passed in several 

 States, depriving of their votes the hundreds of thou- 

 sands whom contraction and attempted resumption 

 have reduced to abject poverty, and we warn the im- 

 poverished working-men of New Jersey that it is a 

 part of the conspiracy of the money power to flrtt 

 pauperize and then disfranchise labor. 



11. Deeming the Independent Greenback party as 

 the true reform party, and believing that all true re- 

 formers have a common object, namely, a correction 

 of wrong, and the bettering of the condition of the 

 people, and the relief from burdens existing, in order 

 to combine movements in favor of needed reforms, 

 we cordially invite the tax and labor reformers to 

 unite with us, as we pledge ourselves to secure the 

 election of our candidates, and in their conventions 

 to ratify the same, nnd in the Senatorial and Assem- 

 bly districts to coalesce in nominating men who will 

 stand by our united measures of reform in currency, 

 tax reform, and labor reform. 



From a special committee of three membem, 

 appointed to prepare an address to the people 

 of the State, to be published after the close of 

 the convention, the following was reported be- 

 fore its adjournment: 



The Independent Greenback party of New Jersey 

 appeals to the industry of tlie State to join in pro- 

 testing against the absurd policy of contraction pur- 

 sued by the National Administration, under the de- 



