The Dickinson press., 1895-08-03
HORR and HARVEY
The War Of Words on the Silver
Question Continues at
Chicago.
~: . SO ~
Horr and Harvey Give Each Other
Some Hard Nuts to
Crack.

Chicago, July "a. - "Back dates" were
thrown to the dogs to-day In the debate
between Horr and Harvey. 1t vas .lOre
than ever case of Greek meets Greek,
and interest In the tug-of-war heightened
at once when it was seen that the days of
Periclcs as we'll us 1872, 1S1G. 1873 and
other years, NO matter how historic or I'M
portant, were all barred more or less in
favor Of 1895.
Mr.. Horr opened the dispute with a writ
ten argument touching the impossi5i;sty of
maintaining a fixed rule between god and
silver MIR. Harvey charged that Senator
Morrill, erred In saying that no silver dol
lars had been coined for forty years prior
to 1873. Mr. Harvey read from the report
of the director Of the mint, showing that
silver dollars in greater Or less amounts
had been coined nearly every year.
Mr.. Herr said that Mr.. Morrill, had not
meant to say that not u dollar had been
coined, but that none to speak Of had been.
Mr.. Harvey submitted table to show
that, from 1857 up to 1873 the commercial
ratio had remained remarkably close to the
legal ratio, Notwithstanding the demonetiza-
tion Of 1t by England and another of the
great nations Of the old world.
Mr.. Horr said this matter Of ratio had
little or nothing to do with the question.
The fact was that all of the civilized ma
tions Of the world refused to recognize sill
yer and would only receive it at Its bullion
xa!ue' nedsuEeu III eolu. what mtSut Oe
II the other nations should join in admitting
silver to free coinage was one thing; for
US to attempt it alone was another.
MT. Horr then took up the proposition
OF Mr.. Harvey's book, that making dollar
OF one.half the present value would double
the value of everything In the United States
except debts. MIR. Horr pronounced this
absurd. saying we might as well say that
we cut our yardsticks in two it would
double the amount Of cloth in the country.
Mr.. Harvey argued that both gold and
silver were the measures Of value until
1873. He asked whether, IL half the gold in
the world were destroyed, the value Of the
gold dollar would not be doubled.
Mr.. H0rr shook his head
Readmitting Silver to Coinage.
Mr.. Horr. In reply to the charge that the
demonetization Of silver cut the value of
products In two, said that If that were true
prices would at once have dropped 20 per
cent. The fact was that they did not.
Mr.. Horr said that Mr.. Harvey did not care
for ratio. What he wanted was a cheap
dollar and the cheapening Of the emolu-
porous country In which its workmen were
best paid.
Mr.. Horr said it was in 1870 that we re-
sumed specie payments, and the only mon
ey OF dnal redemption was gold He asked
was distress abroad In the land from that
SsAS As&Ss Aos Luc years 1TOul 4S(O 10
1892 found our people better employed and
at better wages than in any other same
number OF years since the government was
formed. (Applause.)
Mr. Harvey: Gas to the prosperity of
this country between 1879 and 1892. you
this In one year. A change in relative
production had no effect as long as tho
mints were open to the two metals" zap
plause.)
Mr. Horr: II have never said that the
cneap price OF silver was not on account Of
cheap in this world just precisely the same
as wheat and iron and zinc and lead and
other articles have been cheapened, 1ust
precisely for the same reason. applause }
All OF these articles have been cheapened
by the natural laws which govern the
producers in the world"
gold?''
Mr.. Horr: "Gold the same. I am glad
you asked me. Gold has deprecated in
value in less than 100 years so per cent.
It Is cheaper now than it was in 1873.
What l find fault with is that the silver
men invariably leave out of their calcula.
lions this article of labor, and the article
OF labor is the greatest article known In
tne clVilzed world. Cut down the pay Of
: labor and you paralyze the entire business
Of any nation.
Mr.. Harvey: "Mr. Horr says that every
thing has been cheapened; including gold
To say that gold and products cheaper
simultaneously is financial contradiction
You buy gold by exchanging ether propert,
for 1t. When 1t takes more property tt
buy gold than formerly gold has .isen. In
stead OF becoming cheaper, gold has be
come dearer. That Is the case now. Ant
yet. Mr.: Horr. by sophistry, reasons tina
It has become cheaper. He says 10 tn,
laboring man: You can buy more with
: gold dollar now than you ever could, ant
then turns to you and says that gold 4
growing cheaper all the time.'
This ended the debate for the day.
Settled by Sherman.
Mansfield, Ohio, July 22.-In the Harvey
Horr debate at Chicago on Saturday n,
Horr said there was a provision in the nc
Of 1873 for 3S4-grain dollar worth fiy
francs, which was afterwards struck nj
Z In the senate before the bill was paasef
Mr.. Harvey denied TINT 1t was struck a.,
by the senate and said that II 1t were !
he would stop the debate right there /
an interview to-day Senator Sherman state
that this provision was added to the bi
after 1t reached the house at the instie,
ton Of the citizens of California, who Or,
duce both gold and silver. but that It wa
struck out when the bill reached the Sc,
ate. Mr.. Sherman also disputed a numbf
Of Nj. Harvey's statements.
Chicago. July 25.-The seating capacit
OF the rooms Of the lIlinols club was u