Baxter Springs news. [volume] (Baxter Springs, Kan.) 1882-1919, 1895-08-10
SUMMING UP.
Another Instellment or the Horr.
Harvey Debate.
The Disputaat, Give q Summary OF What
They said In Their Late serlai-Re-
vlsing tho Proof, so 70
speak-1ho End.
Hunninrlznd.


II was arranged that each of the dis
putants should. within ten days after
the close, give to the public summary
Of his views in no, 10 exceed .. 500 words.
This summary Is given to tho press rs
follows:
Mr.. llorr said: The object Of this de-
bite WAS to determine II it would be
wise for our nation TO throw open its
minis to the free coinage OF silver Mt
the rat % Of 10 to l, when the civilized
nations Of the world refuse to join in
such action. Ny opponent proposed
IT, prove that such course Is advisa bic,
md undertook to do II an the lines laid
down IN Coins Financial School"
lie based his whole argument on
the proposition that the silver
dollar was in 1909 made the on
ly unit or measure OF value. j
have shown conclusivcly that our fore.
fathers uttemnted 10 establish bimet.
a,li>m and provided for two units of
value, one of gold and one of silver, nj.
ways naming gold FIRST. and that up to
1854 the silver standard alone was used.
That afterward, the gold standard
came into use, and since that the sill
yer dollar has never for day been
used us the measure OF values in the
United States
Slr. Harvey next based his case upon
the assumption that the law Of 1873 was
a crime, ana stated that 1t had its orr.
gin in fraud aud its birth through
bribery and corruption. lie placed
himself upon four propositions to prove
his case:
First-lIe claimed that the congress
OF the United States was purchased;
that the passage OF the bill was pro.
cured by the money of capitalists OF
this and other nations.
Secondly lie stated that the bill
passed both houses all right, and was
changed by some clerk In its enroll
mcn,. lie next claimed that it was
not changed by clerk, but that the
dirty work was done In conference
committee.
lie then showed that none OF his
other statements is true, but that the
work was done by passing ''substi-
tute BILL"
He introduced no evidence In sup
rort of either proposition, and he
stands convicted of making every one
Of these charges without any proof
that would I've received in any ordinary
court OF justice.
Mr.. Harvey's statement that free
coinage creates unlimited demand"
is not true. because there can be an
Unlimited demand for no human pro-
drcti,nS
The oihcr doctrine Of Mr.. Harvey is
that the tree coinage of silver in this
country upon the old ratio Of is to /,
the old price OF silveras compared with
gold, will be restored.
Mr.. Harvey virtually admits that the
action which he proposes will put this
nation on silver basis and drive gold
out of this country.
SIR. Harvcy's summary.
Mr.. Harvey said: The debate settles,
in my Judgment, the following propo-
sitions:
First-That gold and silver is the
money of the constitution.
Sccond-That the silver dollar was
the unit of value in our coinage sys-
TEN fixed by the act of l7o2.
Third-That silver and gold both
were the measures of value of all other
property till 1879 and the dc utor had
rirht to pay in either metal.
Fourth-That the net OF 1873 was
surreptitiously passed.
Fifth--That for all time OF which we
have knowledge gold aud silver were
treated equally as money; both had
n right to enter tue mints in all the
countries of the world until 1916,
when England closed her minis to sill
YER. and 1874. when the United States,
Germany. France and the Latin union
followed, and until 1874 the CONNER
cial value of the two metals were sub
stantially ut parity with the legal
ratio.
S;ixth-That prices of all property
are now measured In gold alone, and
are substantially at the present time
onc-hali what they would be under the
bimetullic system Mr.. llorr frequent
ly in debate substantially makes this
admission.
Sevcnth-That there were sl4S. 600, ooc
In silver coined ut our minis prior to
1874, all of which coined prior to 1853
was primary money, and since 1853 the
silver dollars were primary money. and
by virtue OF the right of silver TO be
coined into primary money through
the medium of silver dollars, the whole
volume of the silver supply was behind
our monetary system, was exerting its
influence as q measure of value, and
stood ready TO be coined and to share
equally with gold the demand for
money.
Eighth believe those who read
and carefully digest the debate will
conclude that have made good all the
propositions set fourth in my opening
statement
In the few words left to me I want
TO say that II the world, time out OF
mind, has had business panics and
most mems and women's lives have
been full OF trouble In acquiring
the necessities aud comforts OF
life, that our present civilization has
not removed the possibility of these
recurring pnnics, and that 10 large
majority Of the people on this earth
their almost exclusive attention and
labors are given TO acquiring living
with, In most instances, indifferent
and discouraging results, will be I'D.
United by everyone.