The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-08-07


fsrrya tae metallic money OF tae Roman
ersusre had ss1ruuk from sisssto"s.19 %
sY1 on 6zys Strange /. did not oc-'iT 10 ns'H
that this is an entire Ssse-4way q ta1
hix whole rant and fustlan against Ins
hanks. II would seem from MS @" aa~1-'
yr,er,tx that the devices which were III use
at that time and which took the place -
r-setaligc money did wonders with ne
r.,.srexs OF the world What, then caa
xxe exr,ect from the systems CT banking
IF the rsreseut day. which snufA4pAg isDs
than a thousand times the faclh3es -.
doing business which were known 70 tsss
,.eoula of that age. Correctly anafyZeai'
80. ssrarefsg condition OF this country has
sv,nroved Immensely during the Last t"ei-
tv-flwe vsars--sn the face OF the eazT1As
,rasse n, the contrary by Dir. HarTF.- ne
rendition OF the mass OF nSoTie III fsfs
,rnsted States has improved more slhse
1srz than during any similar n1rnnef q
years since the nation was n5fh-
deer the Improvement has been lar great
- ssar that of any other nation on the
fa~o Of me earth during an equal num-
..e~ ~ wears al any period IN the woria
history. as Malhaa has conrsusiseiy
shown. .se~os,.-
Financial School" misiead people y
statements which lead 20 fafss cohs's
sIons when the whole statement wonla
statement in reference to the banks OF
Chicago and the amount OF taxes tney
Maid Is a good illustration OF ms Hisam-
sdg He uses partial sfAt@naehas W.
knowing that q fun statement Wp'ii
have dlsproyed his contention Ut. Haf
vev quotes from the European geoioglSt'
Sues ia El4ow that the world can pro-
a,,ea only about as much gold as is re-
ouIred for consumption each year. oat-
side af coipage He concesls the saet ihat
st.ess wrote mis- essay Eeyfr1t years ago,
and tina. the production and coinage 81
gold I'm the last three years prov arse
I.taIy that suess was entirely wrong. Inc
facts are that during the last three years
rho world has produced &ss@o.sss OF goId,
and that during those years II has eoi'1-
ri. exclusive of reeoinage. over Sss'vp,-
fssa Nr Harvey should have known these
facts. Why did he quote Suess when ne
should have known the actual facis
rroyez the statements of AF. susss 10 De
false Mr.. Harvey eiiaeaNorr 10 prove
decreasing wages in tho United States
since III lie introduced only one state
moni in support of his position. and that
was the evidence of a single man from
ons trade In the city Of Omaha. on the
other hand. time proves that they are al
.ancing. I introduced the investigation
of the United States commissioner OF Ia
hor and MulhaEi. who show that the aver
AfIstries have risen from SIS u lsse 70
$50 for earh person ia 1900. Unable 10
nrodace any table Of wages that shows
a fall since $50. Mr.. Harvey in the latter
part of his debate tried TO show The
falrity of my position that in hiking the
original measure of value human toll WAS
largely taken into consideration. Did he
succeed No. Dir. Harvey called alton
lion e. the increase of crime In the
United States and attribute II To silver
legislation. Crime does bear some reia-
tina 10 prosperity. but far more 10 other
causes which Sir. Harvey ought 10
know lie tried again and again In his
book and during this debate to create
WRONG impression BY quoting a part OF
a statute and leaving OFF that portion
which would show that his first state
nenf was utterly untrue. The record Of
the debate conVicts him OF such methods.
Air, Harvey has felt called on TO Witty
all the better elements OF society, and
has attempted to prove that bribery and
fraud have become habitual in this ma
flon lie has hardly been able 20 ind
decent nian-axcept himself-svithin the
entire limited States. | submit that
cause which relies for rs strength on the
wholesale viliiication of our best citizens
must be weak and entirely bad.
During this debate MIR. Harvey fire.
ouentiy plit me off with the statement
that during the discussion he would sat
3sfaetorily answer my objections. and he
failed to mention that part Of the subject
again. Such failure Is proof that he
could not make successful answers Dur
ing the flfth day Of debate Mr.. Harvey
challenged me TO name more than the
one error fin his book which had point
ed out and which he admitted. On the
sixth day 1 pointed out eight glaring mis-
statements, none OF which he successful
n he fsaHn txFfx
indebtedness OF this country as more than
three Times the real amount. lie has
again and again been called on to tell
when and how that vast sum reached
ms No such enormous amount could
have come without some record of the
transaction. lie has utterly failed To ac-
count for the arrival at this vast sum.
which Is n confession that his statement
IS groundless and only used 10 misreprc-
sent the condition OF his country. His
fixed table OF debts is composed OF tie
doubling up of real debts, and is Sian
der on the actual condition OF the Amer
leans.
Mr. Harvey virtually admits that the
action which he proposed win place this
nation on the silver basis and drive gold
out Of the country. Ills statement that
the gold dollar should be cut down until
,tn value should be- no more than tho
,o,nmerciai value of silver I'm the stand
ard dollar IL "A complete admission OF this
,.oint. Hence. l have a right 10 assume
shat his plan contempiates such a result.
7 showed concinsivniv that this would
work injury TO 100000 people who work
for wages I also showed that the injury
would extend To all pensioners, savings
ana other hank depositerS. and the hold
erx ~ insurance policies. aggreEating T.
pa "a ssf people and Of every person in
,he rrnitea states who has any money ex-
cent gold coin what has Mr.. Harvey
.ata 40 lisnrove my statements Not
one word On the contrary, he has shown
that benefits viii come 80 no people az
cent tho silver mine owners and iHsol-
vent debtors. ,,,-
submit 10 the people ~ this republic
,hat they should never permit threats Of
,-s,.ol.,fson "a induce them 70 adopt whole
.a1e ren,tatation The civilized world Ia
,,,savsv on mr. side OF this issue. l pro-
,@st against any attempt 90 lead this re-
rwhlis, into the camp Of the hair civilized
sud harharous nations % the world. Let
us rather work in harmony Win people
~Ee have large experience ana sooNd ous-
mess senSc.
Mr.. Harvey's statement.
.rh, debate settles. ia ms Judgment. the
sailov,4f,s- propositions:
ss4rst-That gold and silver ar" Che
,...,,ss,r ~ the constitution. NC HorF dd
49, rontroyert This. and 7 TIT q With
,N.ntel v-ehstef's statement 10 that CT
Get. The rain strength underlying THIS
,,rcrasltlon is the knowledge OF the merits
- h4.,,,eta tlgsr,a as disclosed rs tho whole
,ishatN. As token money. silver performs
no Functions intended by the coustltu-
s,on. Since this debate tho press dispatches
rerort the supreme court Of Ohio az aec!d-
tne thnt a municipality cannot issue bonds
pavable in gold alone. that such honds
-
should be naSahle in either Kola or SIT
Vs. n that court has doue ~. "a has
clearly decided rightly There IS SO doubt