The silver blade. (Rathdrum, Idaho) 1895-1903, 1895-07-20
"Coin's" Financial Theories the
Basis Of Discussion.
THE OPENING GUNS ARE FIRED
Mr.. HOrr Claims He Will Disproye Every
Argument i'm the Widely Read
Book.

Chicago, July 1.-THE Harvey-Horr |
meeting today developed into general
engagement, representatives of Phila-
delphia, Kansas City, Cleveland and
elsewhere pitching into the scrimmage
after the two principals had hacked
each other up to the limit.
The hostilities of the day began by Mr..
Horr remarking in pointed manner
that Mr.. Harvey read an essay upon
the condition Of the world during the
18th century, especially up to the dis
covery Of America in 1892. He made
such an elaborate effort to show the
condition Of things in the world from
400 to 1880 that I have taken little
pains to find out whether there is any
truth in the representations that he
makes, and l find that history leaves
him in as bad condition in this record
as it does in regard to the bulk of the
statements in Coins Financial
School," Continuing, Mr.. Horn quoted
Professor Thorold, Rogers, Hallam, Lee
Dor and others to show that the lot of
millions in Europe arising before 1892
and that of feudal aristocracy with it's
tyranny was crumbling to fall. Mr..
Horr said: "Mr. Harvey and his free
silver friends identify prosperity and
feudal nobility of Europe and not with
that of the toilers. Mr.. Harvey stands
as the exponent Of the rich, and not Of
the toilers, whose welfare should first
be considered by the legislature Of the
state
HARVEY'S RETORT.
Mr.. Harvey replied: II read from the
report Of the United States monetary
commission Of 1876, not for the purpose
of entering into an argument on polit-
ical economy Of the years 140O to 1900,
but simply to show that all Of my
friends from New York and elsewhere
who have accused me of forgery
were wrong. Mr.. Horr shall not get
me at any point Of this debate to divert
my mind from the regular argument
and logical arrangement of the debate.
Thus far we have considered two Ques-
tons, gold and silver as the money OF
the constitution, and the unit Of value
in our monetary system fixed by the
trainers of the constitution and that
which existed as our monetary system
from 1892 to 1873. The debate is of value
thus far in eliminating the doubt that
has existed on these two points in the
minds of the peOple--a doubt that has
been produced by Misrepresentation
made by those advocating the gold
standard. A reading Of the debate thus
far settles these two questions in favor
of the book we are discussing.
THE UNIT OF VALUE.
Mr.. Horr-The matter we were talk
ing about when we closed last night was
the question whether the trainers of the
bill Of 1872 intended to establish two
measures Of value. Mr.. Harvey crltl-
cised Judge Vincent for having decided
that case in his remarks yesterday. but
very tamely in comparison with the
statements which he made about him in
print soon after he made the decision
He even called him dishonest in that
criticism. Now, Judge Vincent is a rep
utable citizen, l take it, of Chicago
Some private individuals submitted
question to him and he decided it as he
honestly believed was right, and there
is this popularity about tit is right
Uaughter) Here is what Judge Vim
cent decided: ct is undoubtedly true
that the milled dollar, as it was then
current, was the starting point, and the
number of grains that compose gold
dollar was ascertained by dividing the
number of grains in the silver dollar by
10. But this does not alter the fact thai
the units were expressed in gold and
silver. On the contrary, it seems te
snow that both were made units of val
ue. The values both of gold and silver
are expressed in the act Of 1874, SO we
nave the two units of value. IF both
nad not been SO expressed we could moi
nave bimetallism"
Mr.. Harvey-Yesterday at the close
AFTER had quoted as authority for sill