The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-07-18
SAYS HE'LL MAKE HIM A BABE"
The Silver Man Gets the Applause,
His Opponent the Laughter.
Harvey. Reasoning by Induction. Finds
That the scheme to Demonetize Sill
yer, 1.-THE Crime of 1873" Was Com
cocted in London Auditors Fire
Questions at .'Coin."
copvrig.ht 1875 bx Aze, E Hatch


where pitching into the scrimmage after
the two principals had hacked each other
UP 10 the Limit. The outsiders who ven-
tared into the tight included II. l.. Bliss,
Q. b. Gum and E. 3. Starr.
The hostilities of the day began by Mr..
HorT reInarking in pointed manner that
Mr.. Harvey read an essay here yeSter-
day upon the condition of the world dur
ing the fifteenth century especially ZIP TO
the discovery of America in 1892. He read
that statement without its having been,
called out at all by me. as l had not at
tackled that part of his book. But he
made such an elaborate effort TO show
the condition of things in the world from
lioo 10 1880 that have taken a little pains
TO find out, If / could, whether there is
any truth in the representations that
he makes, and | find that history leaves
him in as bad condition in this regard
as ii does in regard to the bulk of the
statements in Coins Financial School
Continuing. Mr.. Horr quoted Prof.
Thorold Rogers. Hallam, Leber, Nautilus.
Hyndman and others TO show the lot of
the millions in Europe before 1892. and
before the feudal aristocracy, with its
tyranny. was crumhling to a fall.
Mr.. Horr said: MIR. Harvey and his
free silver friends identify prosperity and
the progress of man with the lot of the
feJdal nobility of Europe and not with
that of the toilers. Rogers. as We'll as
Hailam, speaks of the gradual elevation
of the people themselves as opposed TO
the small number of rich and noble
Later l shall show that in his treatment
OF the present, as of the past. Mr.. Har-
vey stands as the exponent Of the rich.
and not of the toilers. whose welfare
sfould first be considered by the legisla-
ture of the state.''
Mr.. Harvey replied: II volunteered to
explain the preface of the School yester-
day, without waiting for ii 10 be attacked
because gold standard papers al over the
United States had charged that il was a
forgery. that no such quotation as was
there used was ever made from the re-
port OF any monetary commission or any
other official document. | took my quota
ton from the report Of the United States
monetary commission OF 1876, not for the
purpose Of entering into an argument on
the political economy Of the years 400 10
1893, but simply TO show that all of my
friends from New York and elsewhere
who had accused ne Of forgery were
wrong. Now, i am not going to argue
with Mr.. Horr that the monetary commits
sion did not know what they were talking
about. He shall not get me at any point
of this debate to divert my mind from the
regular arg iment and logical arrangement
of the debate. When man can put to-
gether words that would convince an un-
thinking workin gvnan that he was better
off today by far than he was in 1872. and
can convince farmer that he is getting
higher prices now than he was. in 1872. I
would expect him to convince a crowd who
are not studying history that prices rose
during the dark ages at the very time
they were falling. and that laboring men
were faring we'll at the very time when
they were working as the serfs OF the
lords OF Europe.
'Dr. Adam Smith, an able historian,
whose work I put into Mr.. Horr's hands
yesterday, confirms all that there is IN
the report OF that monetary commission.
Page III gives you the table of the rise
OF prices that contradicts everything that
Mr.. Horn has said here.
Thus far we have considered two cues
tions 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 1872 to 1873
The debate is OF value thus far in eiimin-
ating the doubt that has existed on these
two points in the minds of the people-a
doubt that has been produced by misrepre-'
sentations made by those advocating the
gold standard. A reading of the debate
thus far settles these two questions IN
favor OF the hook we are discussing"
Mr.. Horr-The matter we were talking
about when we closed last night was the
question whether the trainers of the bin
OF 1872 intended to establish two measures
OF value. Mr Harvey criticised Judge
Vincent for having decided that case in
his remarks yesterday. but did il 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 his criticism. Now Judge
Vincent Is a reputable citizen. take 1t. OF
Chicago. Some private individuals sub
mitted a question TO him and he decided
IL as he honestly believed was right. and
there is this popularity about 1t. II is
right 0aughter) Here is what Judge
Vincent decided: II Is undobtedly true
that the milled dollar as II was then cur
rent was the starting point. and the num-
ber OF grains that composed a gold dol
lar was aseertained by dividing the num-
ber Of grains In the silver dollar by l..
But this does not alter the fact that the
units were expressed In gold and silver
On the contrary. II seems 10 show that
both were made units OF value The word
unit was employed as the equivalent OF
a dollar. and the dollar TO consist OF
either one OF two different things. one
tenth part OF 2ps grains OF gold. or STfh
grains OF silver, just as equal values may
be embodied In given weights OF any two
given commodities. such as wheat or corn.
A unit OF value r. the unit in which the
values are expressed. The values both OF
soId and silver are expressed in the act of
f7gs. so We have two units OF value. II
both had not been so expressed we could
not have bi-metallism.
Mr. Harvey-Yesteriay, AZ The close
after l had quoted as authority for sill
yer being the unit the utterances Of Sec
rstary Gallatln. a decision ny Chief JUS
tice Chase OF the supreme court OF the
United States, and other numerous au-
thorfties. including Roswell @. Horr. Of
New York. Mfr. Herr admitted that the
silver dollar WAS the unit Of value. and
the record yesterday shows It. Now
note his attempts "a try TO twist some
thing back into the discussion by which
ne ara 10 believe him as saying one
thing Yesterday and something else
today and leave him 10 such fate as the
readers OF this Is hFe think proper (Ap-
riau~al Before we get TO that which Is
tr sna se-os1d chapter OF the "Schoor'' he
O. irving 20 mix the subject up. when
~ rar fhsr+ we will SEE that neither
uor~ nor Judge Nincent knows wnat
bt-rnetaIlfsm 10 and many things that
1s ts nsx mixing up viii then - cleared.
- Nr Horr will be even a babe. Zap
-1sv,saA We agreed 70 take I'D the sub
- ~ asmonetisa ton. the act Of fs73
- ,ofav's debate. aBf having waited for
hs-, 20 begin. and he Tot beginning.
rorg will start. fAppiausel-
W- Ho-r-r beg pardon; you u7isquote
aA -