Bismarck weekly tribune. [volume] (Bismarck, Dakota [N.D.]) 1884-1943, 1895-07-26
OFFICIAL PAPER BURLE|GH CO.
HORR VS..

The first three days of the Horr-Har-
vey debate may be summarized as fol-
lows, says an exchange: Gin his open
ing statements on the first day Mr.. Horr
declared for bimetallism through inter
national agreement, gold for larger and
silver for smaller trades, while MIR. Har-
vey's twelve points covered the asser-
tions of his book Coin He alleged
that the scarcity of coin caused the Dark
Ages. Mr.. Horr then demanded the
meaning of the words primary money
the pet phrase of CON- which Mr.. Har-
yey had defined as primary or redemp-
ton money! and showed it was false to
declare that the measure of values, as
greenbacks we're the measure OF values
in 1S62-'79. Mr.. Horn also showed that
good money did not need to be a legal
tender. This Mr.. Harvey thought trlv-
ial, quoting the constitution afterward
adopted making gold and silver only q
legal tender. Mr.. Horr answered that
the act of 1885 originated a system of
money, a thing never before known, and
became the basis of subsequent laws.
'On the second day Mr.. Horr took up
the assertion about the Dark Ages,
quoting Hallam and Thorold Rogers to
prove that the purchasing power of coin
fell from l4O0 to 1910, and that the if
teeDth and early sixteenth centuries
were the golden age of the toiling mil
lions. Mr.. Harvey insisted that Adam
Smith knew better. Mr.. Horr quoted
proofs that the actual failure of two
units of value to circulate together was
the reason for the act of 1878. Mr.. Har-
vey repeated at length his assertions that
silver was ~demonetized in 1878 by a IN
spiracy originated in London and carried
out by Senator Sherman.
"Mr. Horn compelled him to admit his
mistake in saying that S105,000,O0O of
American coined silver was in %circula.
ton prior to 1873, and he then proceeded
with his assertions about the conspiracy.
MIR. Horr quoted official records showing
that no issue of silver dollars was made
from 1905 to 1886, because their bullion
value being greater than their face value,
they were purchased for export and
that this was the difficulty met by drop
ping the coinage of silver in 1873. Again
Mr.. Harvey reiterated the assertion that
the treacherous conspiracy originated in
London.
1.-The third day Mr.. Horr showed how
the act OF 1873 was first drawn up by
mint and treasury experts in 1870, citing
the elaborate report that the silver dol
lar, half dime and three.cent piece were
dispensed with, that gold became the
standard money and silver SUBSIDIARY
Mr.. Harvey talked of the frauds of Vice
President Colfax, Secretary Belknap and
the era of corruption at that period.
Mr.. Harvey went on to tell of the
corruption of a clerk regarding a very
different bill, and asserted that the
standard silver dollar was fraudulently
omitted from the bill after it had passed
both houses. Mr.. Horr showed the
progress of the bill in January, 1872,
and 1t was reported and explained by
MIR. Hooper, and that it would have
been impossibly absurd to authorize, as
Mr.. Harvey asserted, free coinage of the
dollar of 374 grains then contemplated.
In return Mr.. Harvey entered upon the
crime of Secretary Belknap, and asserted
that only a small proportion of corrup-
tionists are ever arraigned. Mr.. Horr
replied with the indignant outburst
quoted yesterday, declaring the effort
to befoul representatives of the people a
lie against humanity"