The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-08-07

The OBJECT OF THIS uSDdle NdS u US-
termine if it would be wise Tor our ma
ton to throw open its minis to the
free coinage of silver at the ratio of
Is to 1, when the civilized nations of
the world refuse to join liz such action.
My opponent proposed to prove that
such action is advisable, and under
took to do it on the lines laid down in
COINS Financial School
1 denied the advisability of such ac-
ton, and attacked the teachings of
that book from the title page to it's
close. The debate is finished, and ncvy'
does the case stand?
What Hnrvey Admits.
Mr.. Harvey admits that ne book is
pure fiction. He repudia.es its motto
by declaring that it does not mean
what it says. His statement that III
mary money only is the measure of
value he has not even attempted to
sustain, though his proof has been
called for repeatedly.
His statement that the people of the
fifteenth and sixteenth centuries Were
in the most degraded condition Cf
serfdom and slavery" on account Of
the lack of metallic money has teen
completely demolished.
He based his whole argument on the
proposition that the silver dollar was
in 1872 made the only unit of measure
of value. l have shown cOnclusiveiy
that our fOrefathers attempted TO as
tablish bimetaliSm and provided fer
the two units of value. one of gold and
one of silver, always na.Gtng gold first,
and that up to 1884 the silver standard
alone was used. That after the gold
came into use, and that since that the
silver dollar has never for a day been
used as the measure of value n the
United States.
No nation has never succeeded in &C
tually using two standards at tEe
same time.
The Crime of 1873.
Mr.. Harvey next based his case upon
the assumption that the law of 1873
will be a. crime and stated hat it had
it's origin and its birth through bribery
and corruption. He placed himself on
four propositions ~ prove mis- case:
First, he cIaime.I tha- the Congress
of the United State@ was purchased;
that the passage cf he bill was pro-
cured by the monaJ capitalists of this
and other nations,
Secondly, he stated that the bill
passed both houses all right and was
changed by some clerk in its enroll
ment. He next charged that il was not
CuduSeQ DN d ClCIh Dul lildL llit QiILJ
work was done in conference commit
tee.
He then showed that rome Of his
other statements are true, bu5 that
the work was done by the passage Of
a substitute BILL
He introduced no evidence in sup
port of either proposition, and he
stands convicted of making every one
of these charges without any proof
that would be recognized in any OTdin-
airy court of justice.
If the Congress of the United States
was bribed to pass a bad bill, then he
bill must have first passed in bad
shape. Now, if that be true. then
there would be no need Of a clerk to 90
the dirty work. If it was done by the
enrolling clerk, then it follows that the
Congress passed the bill as il ought to
have been and consequently they could
not have done what he says they WEI g
bribed TO do. Again, if Congress
passed the bill all right and the enroll
ing clerk enrolled it correctly, then the
bribery could apply only to the men,
bers of the conference committee.
All these villainieS are then aban-
doned when he claims that the whole
thing was accomplished by means of a
substitute BILL
Harvey Stands convicted.
He introduced no evidence in sup
port of any one of these positions.
| Thus he stands convicted by his own
statements of an effort to deceive the
people
1 submit that such conflicting al
legations demonstrate beyond a ques-
ton that Mr.. Harvey has attempted
to sustain his position in regard to the
law of 1873 by pure fiction and with
out calling to his aid a single estab-
liShed fact. Tt is conclusive that if he
had proof of any one of his four
propositions, he never would have in
troduced the other three. 1t is use
less then to waste more words on
the matter which is manifestiy so
absurd.
Mr. Harveys statement that free
coinage creates unlimited demand
is not true. because there can be an
unlimited demand for no human pro-
auctions
His assertion that the option of the
debtor to pay in either metal causes
the cheaper metal to be used is true.
But such option does not restore its
relative commercial value. On the
contrary it drives the dear metal out
of use, just as it has done in Mexico.
and other countries where the cheaper
metal is today the sole currency and
is increased in value not one iota-
The other doctrine of Mr.. Harvey
is that by the free coinage of silver
in this country on the old ratio OF 16
to l, the old price of silver as COM
pared with gold will be restored.
| If it will restore the value OF sii-