The advocate., 1895-08-07

the country's life blood, will come later
in this debate, When I reach it in the
regular order daughter and applause)
it will be presented to Mr.. Harvey's
perfect satisfaction. daughter and ap-
plause) Indeed I doubt whether he
won't leave the room in perfect disgust
with himself for having entered into
this debate, Naughter) I now pro-
Ceed to the question l was talking
about. According to the report of the
senate committee the decrease in the
price of 226 leading articles on our
farms and in our shops and factories
since 1879 is only about per cent.
That is no more than the natural de-
crease in the price Of such productions
owing to the improvements of machin-
cry which I spoke to you about and
which should always diminish the
price to the consumers of the country.
Silver has decreased in price so per
cent, so have several other articles in
the world, influenced by the peculiari-
lies surrounding each article, and conse-
Quently not influenced by the unit or
measure having appreciated.
There are mines in the United States
that can produce silver, and save mon
ey, at fifteen cents an ounce, large
mines that are doing that very thing
to-day.
Mr.. Harvey-Mr. Horr, that is your
individual assertion, for which you
have no proof. cloud applause)
Mr.. Horr-I hold in my hand a pam
phlet written by M. L. Scudder, who
spent long time in the mines of this
country, and obtained from the mine
owners themselves the real cost of pro-
ducing silver in those mines. He gives
the name of the mine, the exact cost
of producing the silver per ounce, and
the year, taken from the books of the
company, and in that there is one mine
where the cost was only thirteen and
a fraction cents, and he names another
where it was "a cents. Now l submit
that that is simple proof of the propo-
sitiOn l stated and undertook to make
you understand here previously.
No man who knows anything about |
the laws which govern production will
dispute my proposition in this regard.
listen-hence the men who
own mines and those who owe sums |
of money in excess of the money due !
them, if they cannot work the scheme |
to pay their debts in cheap money, and
if those men who own the mines can
manage to get three times as much as 1t
costs them for their product, they may
be benefited but the balance of the
people of this country will receive moth
ing but injury from the entire scheme.
(Applause.)
Cost of Production Again.
Mr.. Harvey-I am going to permit
myself to be diverted for a moment
What Mr. Horr has said about the cost
Of producing silver he could have said
with great deal more force about the
cost of producing gold. (Applause)
Gold and silver are alike in their geo.
logical formation in this, that silver
is found only in hard formation and
gold is found in the same hard fOrma-
tion, in quartz veins-in that they are
alike. In this they are not: gold is
also found in placer mining, and most
Of it has come from placer mining, and
there gold is produced very cheaply,
because it requires no miners picks
nor blasting powder, nor working In
hard rock, and no quartz mills are nee
essary; it is panned out or sluiced out
1t very small cost of production. Sill
yer is never produced that way, and
e., Ill |