The representative. [volume] (St. Paul, Minn.) 1893-1901, 1895-08-28

we'll, anu SO thought we WOulu uuO Out
whether there was anything true about
| that We wrote him to find out where
| he had based the figures upon which he
had given Mr.. Harvey such marvellous
| information. He answers by telegram:
Absence prevented my reply, but you
are at liberty to say that no such state
ment as that quoted by Mr.. Harvey ever
came from me- (Applause)
'It is that kind of work to which OBJ
| ject, in order to smirch the people of the
| United States These little inaccuracies
| are of little account, however, in this de-
bate. We are discussing great question
and now today we come down to gist of
| this whole business. The question is,
can this nation alone establish the old
| ratio of 16 to and maintain it among
| the nations of the world?"
Mr.. Harvey-'1 think the only fact I
| used in any of my books without con-
| firming it was the quotation from Carroll
| D. Wright. 1t had been made in print as
! coming from him and asked some labor
| leaders if could rely on it. They said
| I could, but after using it and the first
| edition of the book was off, that was Cup
| to- Date went to work to find out my
| self if he had said it, and on getting the
| information direct from Mr.. Wright that
| uC Ildu uOl uCdTO IL udu IL cIdScU 1IOul
| the plates, and the book does not now
| appear with that in it. (Applause) /
| think any man writing upon this subject
should be exact. Errors will creep in in
| spite of all caution, but in 80 cases out Of
| 100 you will find that when a sincere
writer is writing the error does not affect
| the principle. Typographical errors will
get in.
MR.. HARVEY GROWS POLITICAL.
when you add to the unemployed in
| this country those who are working only
| half-time and for the other half-t:me I'M
employed, you have got more than 4000,-
900. Before bebinning the debate proper
| today desire to say something. In all
history in the struggle between liberty
and oppression, as they have alternately
| risen and fallen, it has been truthful.y
| said that free press is the greatest bull
/ wark of liberty, and tyranny has descend
| ed upon it and feared it as the greatest
| influence arrayed against it. AS oppres-
sion rises the press is muzzled. 1t is
| bought up and made to speak deceit and
| mislead the people. In view of that i
| desire to extend public recognition IN this
| debate to the Chicago Inter Ocean and the
| Chicago Record (applause), as representa-
| tives of press that is yet untrammeled
| in America. Every newspaper should
| have as it's motto in this country:
"'Here the press the peoples rights
maintain
Unawed by influence and unbribed by
gain
81 want to say further that I desire to
| express my appreciation for assistance in
| this debate to Howard S. Taylor, my ref
cree; to Judge Henry G. Miller George E.
Bowen, G. L. Mexican, F. J. Shuttle A. H.
Lockwood, Earl Marble, Samuel Leavitt,
| George H. SHIRLEY, G. B. Pash, John A.
| Grier, and my faithful secretary, Josie E.
Hix. (App.ause) They have made my
work light and pleasant. l Will not IN
| dertake to mention those from without
| the city who have come here in numbers
and encouraged me. To undertake to
mention them would cause me to omit
some, as they are numerous, but l know
they will pardon me when l say that Mr.
| William H. Farrell of Leavenworth, Kas.,
has placed IN my pocket as gift from him
| a dollar of the same date as that which
gave Mr.. Horn on Saturday. (Applause)
| 'In beginning the debate today l hand
| to the stenographer table from pages 1874
to 1856 of the mint report for 1893 of the
gold and silver coined in this country
| from 1892 to 1873 and make it part of
| ILLS uGOdC0.
II do this to remove the representation
that has gone all over the country that for
| the first half of the century we were on a
| silver basis. The best answer to that ar
| gument IS the production Of the table Of
coins themselves. The statement that
| gold did not seek the minis for the first
| fifty years, and that silver did not seek
| the minis for the last thirty years prior
| to 1873 is not true
page 100 of the United States coinage
| laws, Appendix and Statistics 1891
now hand the book to Mr. Horr-g.ves
| the approximate stock of money in the
world. The stock of gold there given IS
! SO, 9O1 900 ,00O the stock of silver there
given is s., 931, 100000 This estimate in
cludes gold and silver coins and gold and
silver bullion available for coinage into
| money. I have given it to you as ex-
| pressed in dollars. AS expressed in space
or bulk there Is if each were melted into
a solid mass the cube of twenty-five feet
Of gold and the cube of sixty-five feet of
|. silver. In chapter V. of CONS Financial
| School you are told how to make this cal
| cu,ation. But it is sufficient in this de-
bate that we deal with these two metals
as expressed in dollars.
''The quantity of these two metals
| is left after the demand for them of the
| arts and manufactures is supplied. AS
civilization has grown the use in arts and
| manufactures of these metals has grown
out Of proportion to the increase IN popu-
| lation.
LAS we became a manufacturing people
| ingenuity began to devise all kinds of or
namental and useful things made wholly
| or In part from these metals to be parad-
| ed in the markets to induce people to buy
them. We thus went to making numer-
Gus articles to sell for money out of the
only material from which money was
made. AS we have here to deal princi-
4 pally with the question as to whether
there is sufficient quantity Of gold in
the world to supply the quantity of money
necessary shall direct your attention
more directly to that metal. Our very
| first step should be to the subject of the
use of gold in the arts. We thus see that
| this increased use to which I have called
| your attention has direct bearing on the
quantity of money supply to be derived
from gold.
Edward Suess, professor of geology at
the University of Vienna, in book that
l hold in my hand has compiled exhaust
| i've information on this subject. l will
read you a few facts he gives that will be
educational to you and will then give you
the conclusions he draws. In 1890, &C
cording to the reports of Mr.. Leach, the
minis of the United States and the private
refining works furnished to industry gold
1 l. IL 81 =,