Courier Democrat. (Langdon, N.D.) 1891-1920, 1895-08-01
that the country was going to the dogs
Mr.. Horr then took up

that the country was going to the dogs
Mr.. Horr then took up
The Question of Banks,
Wnlcn MI Harvey on former occasion had
corrupt banks. but business of bank
Ing as carried on was the outgrowth of
civilization and banks were bles$ing.
They made 1t possible for gold dollar to
DO twenty tin es as much as 1t could do
otherwise. He had seen $110, 600, 900 Of bus
iness settled In three Yhours In the New
York clearing houses and less than 5 per
cent OF 1t was done in money. If it had
been necessary to count all Of this money
ien Fo aass have of xd taken an '' Of men and
Mr; Harvey. replying. presented table
OF failures showing the .tailures IN the coun-
that during the war; when the circulating
medium amounted to $40 per capita, fail
ures had been reduced to q minimum. AS
the circulating medium decreased failures
increased. The nation owed it to itself to
get rid OF this great amount Of bank credit
on $1O,OOO,O 900 Of debts to the banks was the
equivalent of the amount of the annual
failures. Mr.. Harvey quoted figures as to
the number and mileage Of railroads In the
hands Of receivers, the comparatively large
increase of tenant farmers over owning
AdiMeTS III 4SJO over 1851, as SHOWN ny
the census returns and the great percent
age Of housekeepers who are renters, not
owners. Mr.. Harvey said: II now read
you from page 262 Of the February, 1895.
number Of Lippincott's Magazine in a COM
parative review Of the census Of 1880 with
that of 1890: In forty-seven states and
territories the number owning farms In
creased 15S.951 and the number Of tenant
farmers increased 599,337 In 1880 25G2
per cent of the farms were cultivated by
tenants, In 1894 81. 13 per cent of the farms
were hired 1 refer to this because Mr..
Horr used some detached statements
Concerning Minnesota Farms
the other day, which must be regarded as
very IN complete. l have read you a COM
parison Of the tables for the whole United
States" applause.)
whole.
Mr.. Harvey-I did not so understand it.
Mr.. Horr-Well, you did not read that
| said then. Did not pay attention. l gave
the whole.
Mr.. Harvey-Did you have your book
here. the book you read from?
Mr., Horr-I don't rene mber about that.
Mr.. Harvey-You have not been having
| the books here?
Mr. Horr-Why. the bulk of the books
| can't get because YOU lave got them out
of the library and keep them. have
| never been able to get them. (Applause and
| laughter)
| Mr. Harvey-There are eight or ten pub
| lie libraries in this city all having the
| books that we are using in this debate
| And the books that l have had here have
| been on this table for Mr.. Horr's use if
he wanted them. No such subterfuge as
| that will save the gentleman in making
quotations in this debate, the authorities
for which he has not produced here for
our inspection. (Applause) I now read
you, Mr.. Horr, on this subject from the
| Census Bulletin of the census of $780, now
in my hand. 1 read you this paragraph:
New York is the oongested part Of a
may more fairly be taken into considera-
| ton. In New York city and the nine
counties in New York state and New Jer-
| sey that are nei:shboring to that city ST. "a
per cent of the home families are tenants"
| Now as to your city of New York: "The
highest degree Of city home tenancy IS
| in New York and is represented by 03.61
per cent" Ninety-three and sixty-seven
hundreths per cent of the families in your
| city are tenants.
Mr.. Horr-I have this to say in reference
to my conduct of this debate without
bringing in my books, and allude to that
reminding you of the gusto, for which
Brother Harvey is so peculiar, with which
he says: II now pass the book over to
Mr.. Horr," when he knows that it is I'M
| possible for me during the excitement of
| the debate to examine and look into the
| merits of the book or his references. The
only times when 1 have done it, 1 have
| caught him in misquoting the book and
| made him own it right here before the
| audience.
Mr.. Harvey-Mr. Horn, that is not true.
| Mr.. Horr-The audience knows whether
! that is true or not.
Mr.. Harvey-The record of the debate
| will show it.
Increase of Gold.
Mr.. Horn said that he would admit that
the quantity of gold in the world had not
increased as fast as the business of the
world; but it was not necessary. One
| hundred dollars would now do more than
two thousand dollars would formerly.
| Ninety-ive per cent Of the business was
done without the use Of gold except as Il
standard Of measure. He illustrated the
was an old-fashioned mill. Let other
modern mills be constructed along this
| stream and by using the same water the
| output would be vastly increased.
Mr.. Harvey, replying, made another APP
| plication of the comparison of the stream
| to money. Suppose, he said, that mills had
been built along the stream and their ma
| chinery adapted to it, Then suppose that
suddenly one-half Of the flow of that
| stream We're cut off. How would it affect
the mills? Suppose, again. that certain per-
sons should divert the water Of this
stream, store it in great reservoirs and
! charge the mills a toll for its use. That
would be parallel case to that Of the
relation Of the people and the banks at
present. Mr.. Harvey gave figures showing
the number Of homicides in the United
States from 1882 to 1891, the number of
suicides, the number of convcts in prison.
etc. He attributed these to decreasing
wages and the increasing value Of money.
He said he pointed out these things be-
cause they indicated Il national disease;
disease threatening the life Of the re-
public. 1t was necessary to honestly dag
nose the disease in order to apply the
remedy. All republics had fallen from the
same causes. When they reached a point
where the control of the ne essaries of
life fell into the hands Of selfish men, u
monarchy became logical and necessary.
"The masses became restless-why? Be-
cause they have become poor; because
they have been deprived of the necessaries
of life. They become restless, then comes
crime. as 1 am now giving you from the
statistics in this debate. Then come power
ty and suicide and insanity. The country
goes morally and politically crazy. Then
| comes tha