Courier Democrat. (Langdon, N.D.) 1891-1920, 1895-08-01

grain under gold basis in the years
IS4&oted had resulted either from short crops
In the increased demand brought about
i4$ finding new use for 1t. Mr.. Harvey said
I1e banks should 80 out Of the government
tsMpsiness instead Of the government going
lsNSt Of the banking business Let the banks
H6A banks Of deposit and discount and not
Nhkers OF money. They are making 1t now
tst3th bank credit, and you are paying them
sfterest for It. This argument that conf
Once and not money is all that Is wanted,
made BY the greenbacker, would be ridi-
tSpled by these same men. Confidence won't
thly anything; 1t will get man In debt to
I4ss banker, that Ia all. You might as well
tst4lk about doing without air and water as
ltg talk about doing without money. There
tl9 no condition Of civilization that you can
llmagine by which you can be part Of that
Icayllization and yet do without money.
EtApplauseO And yet by the legislation In
ISIS 1t has been enhanced in exchangeable
value with your property. That Is the
IsCtuclal point In this financial discussion.
1AtApplause0 A man loaning money In 1872
THAT LOCO bushels Of wheat would have
IMheat to pay that debt. (Applause) The
men who own bonds payable in money and
lnecurltles payable In money aggregatinS
more than all the assessed values Of the
property In the United States, have legls-
sl4ted 80 as to enhance the value Of their
ii ESVPcEty uuIll you nave got u give up
II tWlce as much to them when they come to
4 buy your property as they give up to you
when you go with your hard earnings. with
Il the product Of your loom and your field, to
| boy their property.
Cross-Fire of Words.
Mr.. Horr: 'Now l want to call the at
tentlon Of my friend to the fact that he
can't get at how farmers are doing SIM
i ply by selecting one article which hap
pens to be cheap"
Mr.. Harvey: ~ want to ask you right
here. before these people. to answer my
,l1rgument made just before l sat down."
sSMr. Horr: II am going to do it If you
will wait and keep still. That Is what I
nm up here for now Qaughter) The very
last thing he said was In reference to the
fact that farmer had 20 give twice as
much wheat to pay his debt as he did be-
Tore the demonstration Of silver. What
sAtls you? That is the very thing l am
speaking about. Now, I was stating that
lsyou can't possibly find out the facts in ref
Ierence to the farmer simply by taking one
EArticle and that the lowest one you can
find. Now, will call your attention to a
Econfrmation Of the figures which l have
heretofore given. Those figures show that
sISprices for farm products all taken together.
l3ypu know, have not declined. Here in the
United States, comparing the present
values to those of twenty years ago. l
md my confirmation in an analysis OF ma
tional wealth by the great statistical au
thority, Mr.. Mulhall, so often quoted by
ffsMr. Harvey. In the June North American
Review, Mr.. Mulhal says that the aver:
lSage yearly accumulation of the agricultural
workers. per capita, of the United States
Twas for the decade, 1861 to 1870, SlI.0C
leach.
Mr. Harvey-"will you pardon me"
Mr.. Horr-"Don't bother me. For the de-
lscade 1870 to 1880, $47.1O per capita; and Tor
1.-THE decade 1881 to 1890, $475o per capita.
Here is an ability on the part of the FARM
IBers Of this country to save In the last cen
linus decade nearly three times as great as
lin the decade before the silver legislation
l.of 1873"
IEsMr. Harvey-"Did not you have that writ.
n ten before you left New York? He says
1--we have Increased in wealth. Nobody dis
Il putes that. The United States has not only
ISbeen workshop in producing wealth, but
II sit has been sweat shop (applause) 1t has
been producing wealth, but have the men
who produced that wealth got the Wealth
n The rich men are controlling the legislation
l8of America and the old world, and there
Ill no plan by which European CIVILIZATION
Lean rise from under it, and when we nave
I passed four or eight years further along
q There will be no way for US to rise from un
II dSes 1t. We are making in the United States
To-day the last stand Of free men IN the
IclviIization Of the world"
y 1.-THE answering of questions occupied
much OF the remainder of the day. the
u adebate finally being adjourned at MI
+ Horr's request till Saturday at p. m.
Not Talking for Money.
81 NJ Because of some reports which have gone
Il out regarding the Harvey-Horr silver oe
II l,fite. Judge Henry G.. Miller, who Is one o.
n the judges Of the debate, has given OUT tht
j, Isfollowing:
. ls5 Chicago, July 16-I am about to entel
Into debate with Mr.. Horr OF New 1orf
Ion the financial subject, which Is to d.
\ printed In book form and from which, as p1
1.-The business arrangements connecteu .neie
lFygith. am to receive profits from the SAT-
!, lsthereof I do not wish these profits my
itself, but do desire that they be used In ths
a cause I represent, where money Is mucl
4 needed; therefore, hereby assign all pront
q that I may receive from the sale OF sale
book to Judge Henry G. Miller OF Chicass
|. Land w. ]. Cheney Of Philadelphia as trns
/ lftees, whose duty it will be to to require AZ
accounting of me, and upon receipt of thu
u money to spend the same in the interest o.
the re-establishment of silver and In the
I educational campaign which is belng mao
II Tor that purpose. l reserve the right u
substitute new trustees in case either o
Il 3fntI If said gentlemen should refuse or bt
u SYsahlod n act W. II. Harvey"
Il Chicago, July 27.-The last day but one
Il 81 the Harvey Horr silver contention began
II this afternoon.
MT Horr opened the days talk with 1
a comparison of the wages and the cost O.
products during the years from 1850 to 1881
n al shown in table prepared by Stats
a tician Carroll D. Wright. With wages ant
a prices in 1860 taken as the index, or loO
II il showed that in 1880 the prices were 92
81 wages 159, and the purchasing power o
j wages 172. Mr.. Horn proceeded to argue
4 that at no time In the history of the nation
was the country so prosperous as 1t wa!
az that time in spite Of the ''crime o.
II 1873" He submitted that the statistics
were more applicable to the conditions un
Il der discussion than those Of Mr.. Sauerbeck
Il auoted by Mr.. Harvey on Thursday. as Mr.
Sauerbeck's figures were made from prices
Il In England.
Il Mr. Harvey in turn took up the matte
OF the prices of wheat for series of years
Il Ii, reply to Mr.. Horrs statement of Thurs
II day that the farmer had received as muci
for his produce in gold as he had received
| when silver was demonetzcd For answer
he quoted the prices from year to year
Il He declared that the arguments of Mr.