Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1895-08-01

ton Of the measure BY readmttting
silver to coinage.
Horr, in reply to the charge that the
characterization Of silver ont! the value
products in two, said that if.that were
true prices would have at once drop
ped 50 per cent. The fact Is that they
did not. II the destruction Of half the
wheat crop occurred, 1t would raise
prices fourfold. The demonstration
Of silver did not destroy the metal.
Returning to the attack, Horr said
that Harvey did not care for the ratio.
What he wanted was q cheaper dol
lar and q cheapening Of the emolu-
ments Of labor. The fact is the most
prosperous country In which Its work
men are best paid.
Harvey said that " dear dollar" and
/. cheap dollar are comparative terms,
to be measured by q mans circum-
stance. Ifgolddollars were worth more
than silver dollars, some still more
costly substance out of which to make
dollars. He said he did not propose to
allow Horr to pose as the friend Of the
laboring man. The gold men have
thrown some 100000 OF workingmen
out of employment, and had put some
of them In prison because they oD-
jected to having their wages decreased
Harvey promised at the proper time to
show the logical relation OF the gold
basis to the workingmen.
Horr said it was in 1879 we resumed
specie payment, and the only money
- A. 6~n1 AnlnvnvkSovH xn0n re01d Thu
fact is that from 1876 to 1892 our peo-
pie were better employed and at bet
ter wages than In any other same num-
Der of years since the government was
formed. Four millions Of men today
out Of employment? Who're did you
get your figures? There isn't any truth
in the statement.
Harvey: As to the prosperity in
this country between 1879 to 1892, you
could not break down a great nation in
one year, but it had taken but q short
period to bring us to the bitter cup of
disappointment and distress. Con-
tinuing, Harvey asked Horr not to
refer to the "posterity :" ofthe country
from 1873 to 1895. The word "tramp"
was coined in 1879, and the United
States census has shown that the de-
preston has been increasing at this
ratio. So has the number of peniten-
tiary convicts, and the number Of per-
sons confined to all classes Of prisons
and insane asylums, and the number
Of suicides. This prosperity" has
built us millions and multi millions,
and has strewed this country with
millions Of tramps, paupers and men
that don't know how they r going
to provide for their families In tho
coming years. A change in the rela-
tive production had NO effect q long
as the mints o open to two metals.
Horr: ! never said that the cheap
price of silver was not on account Of
It's overproduction. Silver has become
cheap In this world just precisely the
same as wheat, iron, zinc, lead and
other articles have been cheapened-
just precisely and for the same reason.
All these articles have cheapened by
natural laws which govern the pro-
duction Of every substance known to
producers in the world. Gold has also
deprecated in value in less than 100
years 50 per cent. What l find fault
with is that the silver men invariably
leave out of their calculation the
article of labor.
Harvey: Horr said that everything
has been cheapened, including gold.
To say that gold andproducts cheaper
simultaneously is a financial contradic-
ton. You buy gold by exchanging
other property for it. When it takes
more property to buy gold than form
erly. gold has risen. Instead of be-
coming cheaper, gold has become
dearer. This is the Ease now, and yet
Horr by sophistry eason that it has
become cheaper. He says to the labor
ing men. You can buy o with a
gold dollar now than You ever could,
and then turns to you and says that
gold is growing cheaper all the time.