At the election of 1904, I repeat, three million citizens refused to vote because they would not stultify themselves by voting for either Roosevelt or Parker, both candidates of the plutocrats. At least two million citizens voted for Roosevelt because they wished to destroy the Democratic Party, a party for years without fixed principles. These five million citizens, together with the eight hundred thousand citizens who voted for Debs, Watson and Swallow, represented the reform and dissatisfied vote of the country—five months since. The action of the Beef Trust, of the Railroad Combination and of allied interests, all in control of twenty men, and the now openly declared purpose of President Roosevelt and Secretary Hay to establish in foreign affairs an American-British alliance, alarm many millions of our citizens as they have not been alarmed before. A new epoch in our country opens now, for people and plutocrats are in a death struggle. The principle the People’s Party stands for is that man is the master, money the servant. The question—is the People’s Party equal to the duty of the time?—must be answered at once. If it goes into the campaign immediately with a voting precinct organization such as was declared for by the Cincinnati convention of 1900, the answer will be affirmative. The cardinal tenets of the party of the people are: 1. Brotherhood of man, love, justice, liberty and equality of opportunity. 2. Government by the people—the recognition of the right of the people to rule themselves by establishment of direct legislation, the initiative and the referendum. 3. Honest money—national money, not bank money—that will serve creditor and debtor alike; that will insure stability of prices, thus be an honest measure of value, and thereby encourage honest industry and discourage speculation. 4. Nationalization of railroads and other monopolies that must be public rather than private monopolies. 5. Prevention of overcapitalization of all corporations, of overcharge for services rendered the public by such corporations. 6. Abolition of industrial trusts, those that exist because of tariff protection and those that exist because of freight discriminations whether by rebates, special rates or otherwise. 7. Taxation that will tax every man according to his accumulated wealth—tax property, not man; collect state and municipal taxes by direct tax on the accumulated wealth of society assessed at actual cash value; collect national taxes by a direct tax on the earnings of accumulated wealth, whether large or small. Have only direct taxes, for indirect taxes cover injustice and extravagance. 8. Foreign policy that will keep our country out of all entangling alliances with European and Asiatic countries, and strengthen our economic relations with all American countries that have different soil, climate and products from those of the United States.