The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1895-07-17

nations, corporations or individuals.
Viaionary Ichemss and debRaod money
never made nation prosperous. The
quality OF the money used In any coun-
try il lar moro important than the
quantity Lava should he drawn to
protect tha men who earn money as
well as thosN who owe InoneY. A man
who works faithfully aud lives on his
daily saFniugS should never be IaorIdced
for the benefit Of men who live on
what they borrow
But all these things will be more fully
explained as the country progreaaes.
HARyRY's OPENING STATEMENT.
Mr. Harvey opened the free liiveF
aide Of the contest as follows;
am here to defend the facts and
prlnciples in Coins Financial School. l
am aware that the illustrations in that
book ara great aid in presenting
clearly its views, We find this true In
our schools. expect to make good in
this debate the following propositions;
l. That silver aud gold ara the money
Of tho constitution. That the silver
dollar was the unit Of value in our coin.
ago System in this country from 1902 to
1873, Just "a the yard stick was tho
measure OF length. That gold was
measured in this silver unit, aud con.
current coinage given TO It tgoldl.
That silver aud gold combined Consti'
tutod the legal standard Of value IN this
cnuntFy until 1873, Silver measured
gold; the two together measured all
other property.
., That act Of 1878 was SurrephtlouSly
passed,
8. That during the period 1902 to 1873,
the minta we're opan to tho unitmlted
coinage OF both metals into primary or
Redemption money, aud that both we're
treated as suCh.
4. That this blmatalllc system made
an unlimited demand tor both metals
to hA coined Into money, Increased the
demand for these metals, aud 90 long as
this law, authorizing any ona to put
37lt grains OF silver and "a 2.l0 grains
gold into dollar, there was no one will.
ing to sell either for less than dollar.
8. That the option to pay in either metal
caused the cheaper OF the two motals to
he used, and transferred the demand
from tho dearer to tho cheaper metal,
aud restored its relative commercial
value. We are for both silver and gold.
We ara called silver men because We
are defending the metal that has been
damouetizad,
O. That IL iS to tho interest OF the
United States to act ludap pendeutly in
the reconciliation Of silver at the ratio
10 gold Of 10 10 |, without waiting Tor
tho action oil any other nation.
Z. That mouomat0lllsm consists In tho
use OF the dearsr Of the two metals to
the exclusion Of the other as primary or
redemption money.
s. That the gold unit as tho measure
OF values, with no concurrent coinage
al auy other metal 10 0asiat it-in-pnr'
forming the Functions Of primary money,
has caused the fall IN prices as compar.
ed with 1872, when the worlds prices OF
property wore measures in the money
mass Of both metals. That all prices OF
property and labor have declined &C.
cordingly as compared with 1872, except
whou held up relatively by Increased
demand or bhort supply Of combines
aud truatl OF special reasons affecting
particular service Of property.
o. That the dacline In pricaa covering
period OF TWENTY-FIVE years, has, az 4
rulo, madG all classes Of productive
IneranIiln and manufacturing business
aa Improbable,
10. That it has worked hardship
and injury to debtors, who, unconscious
OF the causes that c0ntinuously reduced
the price, Of their property, have con.
tracted debts during these twenty-five
yaara.
II. That in tho end no one ia benodt-
cd by a fall in prices but the money
lender, tho owner OF money, and securi.
ties payable in monay-tlxed incomes.
y. That tho foregoing facts and con.
ditions produced by u change in our
money measurement and values will
iunpovorish the masses OF tho people,
aud points by reason OF the disturb.
nnces IL will produce to the overthrow
OF the republic
am now roady to proceed in tho
order Indicated in Coins Financial
School and "a contemplated by tue rulOI
OF tho debate.
Alh hhA AbA- iN'A th hbNANus
Tho debate proper began by Mr.. Horr
asking his opponent to tell plainly II
there was over such school hold rs that
described IN the book "COin's Financial
School," Mr.. llorr said:
"a find all through the book q largo
number Of statements attributable to a
very considerable number OF the husI.
moss men Of Chicago, and lam informed
that these men, never one Of them, ut
terod u single word attributed to them.
II tho boO; Ia written as an allogory,
would like my friend to state why ho
did not use, as all literary men have
GlwlyB done, tho names Of fictitious IN
dividuals"
MIR. lIarycy.-Tho SCHOOL" is allo.
CORY; Il marslinlI tho opinions OF the
two sides Of this controversy, 40 that
ono Imagination eau soc tho conflict OF
opinions and tho contest rs II proceeds
Il puts In tho mouths Of tho gold
| standard advocates their well.knoWn
vIowB, fairly stated, with which the
country had been flooded up TO the
time thn "School" was wrttOn.
Mr. Iforr--l submit that II nv friend
| had Alu1lel the Scriptures lltllo moro
carefully when hO Was looking for tho
motto shall tngo up next, lO would
have found II somewhere stated that n
man Ia not permitted to boar lalao wit
moss against his nOlglbor
AZ this point tho contestants dis
cu,sod tho definition Of money. Com.
Ing to tic money system Of tho United
States, Mr., llprr said;
"Tns ilfAt lnw that was oyor passed IN
this United StNl0s upOn tho subject Of
monoy was on tho eighth day OF July,
1885 that was two yenri after tho sub