"1. An immediate and drastic reduction of government expenditures by abolishing useless commissions and offices, consolidating departments and bureaus, and eliminating extravagance, to accomplish a saving of not less than twenty-five percent in the cost of federal government."2. We favor maintenance of the national credit by a federal budget annually balanced on the basis of accurate executive estimates of revenues.
"3. We advocate a sound [gold] currency to be preserved at all hazards.
"4. The removal of government from all fields of private enterprise except where necessary to develop public works and natural resources in the common interest.
Which is why ALOT of new GOP folks were former Democrats.