The Caucasian. (Clinton, N.C.) 188?-1913, 1895-07-25
The GREAT TEN
DAYS DEBATE
Bstveen the Author of Coins Fl.
uslcial School" and Exon
grsssman Roswell g. Horr.
SILVER AND GOLD FIGHT.

u.rr, . Republican, Cham pions the Gold
s..ndsrd-Hsrvsy, . Populist, Stands
for siIvsr-soms Interesting Reading for
The CAUCASIAN has already mention
I'd the fact that a great debate on the
silver question would be held at ChIca-
10 bet ween w. II. Harvey, author of
Coins Financial School" and Ros-
we'll q. Horr, an ex-COngressnan, who
ia now q writer for the New York Tri-
hume and who favors gold standard.
The debate has begun. The rules Of
the debate are for the speakers to de-
liver altogether 100000 words. OF
these, 5000 are to be reserved for use at
the end Of the DISCUSSION. This will
1--WE each q chance to recapitulate his
argument in $500 words. Three hum
dred words additional will be allowed
each contestant as a rejoinder to his
.dversary's closing argument.
The debate opened at Chicago on
July 18th and will continue for three
hours day for ten days.
Messrs. Horr anu Harvey made brief
statements of the points which they
proposed making in she debate, and
ihen the debate proper began, Mr..
Horr asking his opponent to tell
plainly IL there was ever any such
school held as that described in the
book "Coiu's Financial School"
Mr.. Harvey-The school" is an alle-
rory; it marshals the opinions of the
two sides of this controversy, so that
one In imagination can see the conflict
OF opinions and the contest as it pro-
sesds. 1t puts in the mouth Of the
rold standard advocates their well
Known views fairly stated with which
the country had been flooded up to the
time the school" was written. The
strength of the book was intended t.
be in the fairness Of stating those
views. The fact that a little boy in
kase pants was the instructor OF the
men Was supposed to be sufficient tt
AZ the story rs allegorical.
THE MOTTO OF THE BOOK.
Mr.. Horr-Now, come to the motto
Of the book, which is this: 81 thanl
Thee, Oh, Father, Lord of Heaven ant
and earth because Thou hast hid thes'
things from the wise and prudent ant
hast revealed them unto babes" Doe
my friend desire to intimate that tn
kind of finance which he teaches i
something that babes win understand
but that people who know anything
will never be able to comprehend
Applause and laughterD
Mr.. Harvey-Mr. Horr misinterpret
the meaning of that verse. The wOr
babes" is intended to mean the pur
Of mind and unselfish. 1t is in tina
sense that it il used In the Bible, an
means that those pure of mind and un
selfish can see clearly those thing
which the impure of mind and selfis
cannot see or understand.
Mr.. Horr-I submit that that mott
does not give an excuse for a boy be
cause he 10 in knee breeches to stO
telling the truth. 1t does not give tn
boy any right to misrepresent facts.
At this point the contestants dis
cussed at some length the definition {
money. Coming to the money systel
Of the United States, Mr.. HOrr said
"The first law that was passed In tn
United States on the subject of none
was on July 6, 1888. That was two yea
after the subject had been discussed
every shape and form by the peOp
and press of the United States. 1t WI
resolved that the money unit Of tt
United States of America be one dOlla
that the smallest coin be Of copper,
which 800 should pass for one dOlla
that the several prices should increa
In . decimal ratio.
"Now every one will say they h,
not yet stated at all what the doll
should consist of except that 400 CO
per half cents should be one OF theI
and that was the first unit Of measu
that Congress established. That Is
the law there has ever been on the 81
ject and oil that has ever been 81
about it anywhere" (Applause.)
MONEY OF THE CONSTITUTION.
Mr.. Harvey: "As to what Mr.. Ho
ssys about copper used as money gu
ing the continental days Precedll
the adoption Of the Constitution
trivial to be used in this argumel
After the adoption Of the %
tuition bimetallic systt
was provided in that Constit
ton. 1t says that gold and silver "a
plause), not gold or silver. (Applaus
This is the Constitution. The sta
surrendered to Congress the right
separately coin money, but express
retained the right to the use OF Sill
and gold rs money, neither as toh
money, one representing the other,
silver is now coined representing &c
but both rs money in their own rig
(Applause.)
Congress, in good faith with
States, has no more right to demo
tie one of these metals than
has to demonetize both Of them wi
out the consent of the states. a
plause.)
1.-THE men who framed this Con
tuition then proceeded to give 1t
construction intended. They CAV
both metals equal dignity, equal rig
except to make the dollar of silver
unit of value, in which the value
gold would be measured, but with
current coinage with silver they
both metals free and unlimited c.
age. Both were given full and uni
tied use in the payment OF de
There was no discrimination made
the use Of the two metals except
the unit of value was to reside in
silver dollar and that gold coins y
to be Of the value Of % many 81
dollars.
SECOND DAY.
Mr.. Horr said: "Mr. Harvey
his free silver friends identify p
perity and the progress Of man
the lot of the feudal nobility Of Eu1
and not with that of the tOilers."
Mr.. Harvey replied: "Mr. Horr
not get me at any point in this de
70 divert my mind from the reguia
gument and logical arrangement
the debate. That q man could
together words that would cOnvinC
minimizing workingman that he
better of to-day by far than he W
1872, or who can convince ,fa
that he 10 getting higher prices
ne Was in 1872 l would expect hi
convince . crowd who are not stud
history that prices rose during
oark ages at the very time that
were falling, and that the lAb<