The evening herald. [volume] (Shenandoah, Pa.) 1891-1966, 1895-07-18
7HE SCHOOL ON FTNANCE
Second Day Of the Great Eight
Day Talking Match,
WISDOM CHBwBD OFF IN CHUNKS.

After the Principal Speakers Consumed
the Three Hours Limit, Representatives
of Philadelphia, Kansas City, Cleveland
and Take Part in the Debate.
CHICAGO, July 1S.-The Harvey-Hor
e of debate yesterday developed into a
general engagement, representatives Of
Philadelphia, Kansas City, Cleveland and
elsewhere pitching into the scrimmage
after the two principals had hacked each
other up to the three hours limit. The
outsiders who ventured into the fight in.
cluded H. l.. Bliss, 0. B. Gum and Z. b
Starr.
Mr.. Horr said: "Mr. Harvey and his
friends identify prosperity md the pro-
gress of mar with the lot of the feudal
nobility of Europe, and not with that of
the toilers."
Mr.. Harvey replied-"Mr. Horn shall not
get me at any point in this debate to di-
vert my mind from the regular argument
and logical arrangement of the debate,
That a man could put together words that
would convince an unthinking working
man that he was better off today by fan
than he was in 1872, or who can convince
a farmer that he is getting higher prices
than he was in 1879, / would expect him
to convince a crowd who are not studying
history that prices rose during the dark
ages at the very time that they were fall
ing, and that the laboring men were far
ing we'll at the very time when they were
working as the serfs of the lords of Eu-
rope. Thus far we have considered two
questions, gold and silver as the money oil
the constitution, and the unit of value on
our monetary system. The reading of the
debate thus far settles these two questions
in favor of the book we are discussing"
Mr.. Harvey then discussed at length the
act of 1878. Mr.. Horn, following on thii
subject said:
II purpose to show you during this dis.
cussion that no law has been ever passed
by the American congress which was more
completely and fully understood than the
law of 1873. The statement which he read
that the scheme was concocted in London
Is a simple assertion upon which he cannot
produce one scintilla of reputable truth,
not one word. The law of 1878 had its
origin. as all such avs have, in the brains
of experts. The question of coinage and
mintage is o most intricate one. 1t is one
of the most complicated problems with
which philosophical men have ever crap
pied"
Mr.. Harvey-"Mr. Horn says 1 have nc
proof shat the scheme was concocted in
London to demonetize silver in the United
States. When I was a boy 1 heard a law
yer say: When a crime is committed
and you want to detect the criminal, lool
for the man who is benefited by the crime.
Reasoning by induction will more invar
iably locate the criminal than II human
testimony. q
London bankers initiated the Parii
conference of 1867, at which Mr.. JohI
Sherman was present; therefore I hav,
the right to say the conspiracy originated
in London. In 1878, when this t%reacherouI
act was passed, there was no silver cur
rencyi in this country. During all the year
from 1898 to 1861, when it was actually il
use and being tested for its merit, no on
proposed to demonetize either of the met
ais except some money lenders from Eu
rope, who proposed it in 1854. But at tina
time, 1878, when it was not in circulation
and was not needed, the movement wa
begun and contaminated"
This closed the debate for the day, ant
Mr.. Horn and Mr.. Harvey proceeded to an
swer questions put by Messrs. o. B. Gum
of Kansas City; Mr.. Mattsinger, of Shoals
Ind, and E.. d. Storr, of Cleveland.