St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-07-28

Mr.. Horn said that he would admit
that the quantity of gold in the world
ness of the world, but it was not nee
essary. One hundred dollars would
now do more than $1,000 would former
ly. Ninety-f1ve per cent of the bust
ness was done without the use of gold,
except as a standard of measure.
"COIN" IN TRAGIC MOOD.
Mr.. Harvey, resuming his statistics,
homicides in the United States from
1882 to 1891; the number of suicides;
the number of convicts in prison, etc.
He attributed these to decreasing
wages and the increasing value of
money. He. said he pointed out these
things because they indicated a ma
tional disease-a disease threatening
the life of the republic. 1t was neccE-
sary to honestly diagnose the disease
in order to apply the remedy. All re-
publics had fallen from the same
causes. When they reached a. point
where the control of the necesSarieS
of life fell into the hands of selfish
men, monarchy became logical and
less-why? Because they have be-
come poor; because they have been de-
prived of the necessaries of life. They
become restless; then comes crime, as
tics in this debate. Then comes pow
erty and suicide and insanity The
country goes morally and politically
crazy. Then comes the necessity for
martial law; for Calling guns and re-
peating rifles; for an increase of the
police and for a standing army. For
the first time in the history of the
United States a general order has
gone from the president of the United
States to the commander of the army
laying down rules for the governing of
the United States army in the control
OF mobs and riots. (Applause) We
are trending to monarchy, and it is
wrong for Mr.. Horn or any other man
to shut his eyes to this defect in our
clV1llZat1on that l am now pointing
out. (Applause)
HARVEY ENJOYS IT.
Mr.. Horr-I could not stop him be-
cause he was enjoying himself so Well
He gets so much comfort out of de-
nouncing. the human race that 1 was
letting him reyel in his story
Mr.. Horn said that the panic of 1895.
whose effect Mr.. Harvey had dilated
on, was chiefly due to fear. on the
part of the people of this country OF a;
return to the silver standard Mr..
Harvey. said Mr.. Horn, had laid the
crucifiXion of the Savior at the door OF
the money power among the Hebrews.
The record showed that the Savior was
betrayed by Judas, the only silver man
among the twelve, and, it should be
noted, insisted on a ratio of so to /
Mr.. Harvey. replying, said that under
the bank credit system we had alway:.
had panlcs, and we always would have
them. The panic of 1857 was not du>
to change in the coinage, but to the.
bank credit system. In answer to Mr..
Horr's statement that the great mass
of the debts of the nation were short
time debts,a therefore not contracted
before the passage of the demcnetiza-
ton act, Mr.. Harvey quoted from the
Bankers Magazine, showing an ae>
gregate in a half dozen of the larger
longtime debts Of S19,000,000.
HARVEY'S HUMBUG.
Mr.. Harvey said: This debate is
coming to a close virtually today, be-
clu,sively upon the independent action
of the United States" Mr.. Harvey
denied Mr.. Horr's assertion that falling
prices were the result of improved
and the demand for it, that regulates
the price of such products. A man
may produce an ounce of gold for 10
cents that is worth twenty dollars.
The fact that it cost him 10 cents does
not make it worth less than twenty
dollars
Hr. Horr-Mr. Harvey. is mystifed be-
cause he takes it for granted that the
business of a country entirely depends
upon the amount per capita of the
circulating medium. He insists that il
you shrink that, you ruin the business
in the country. There are a large
number of men who believe that doc
trine, but no more transparent hum
or any other country. Money is
plethora. in this country today. There
are hundreds of millions of dollars ly-
ing. idle, simply because there is no
body to use it. Did you know that?
Why my friend Harvey, and all of
you men who think that way, as usual.
get thd cart before the horse. 1t is not
an abundance of money that makes
makes money active in this world OF
ours. (Applause) And until you can
comprehend that point, Brother Har-
very, you will never understand this
financial question at all. Naughter)
LABOR AND WAGES.
Mr. Harvey-At the conclusion of this
debate Mr.. Horn and 1 have $500 words
each at our disposal, to write at our
leisure within seven days after the de-
bate, to sum up the debate, and any
thing in Mr.. Horr's argument that L
do not reply to today l will attend to
in that summary, because there is only
a short time left to US, and l want to
answer some matters that have been
introduced into this debate at the earli-
er stages. 1 want to speak few mo-
ments on the proposition that wages
have increased. Organization SuStainS
wages for those actually employed
while engaged at work, but when you
average the wages by lncludlnS the
unemployed, and include the expense
and time lost, it does not do so. Make
the calculation this way and you will
find that the gold basis has measured
itself in wages with mathematical ac-
curacy. This condition is not healthy;
breeds strife; it creates loss to indus
try and labor; it destroys manhood; it
makes criminals. The cause for it
should be removed. (Applause.) In
Europe wages have been forced down
to the legitimate level of the gold
standard. The bayonet has been used
TO do it. Later it will do it here. The
interest of the laboring man is on our
side. We will hold his wages up with
out strikes or the expense of strikes.
AS the gold Of California and Australia
raised his wages, so will the silver of
our mountains, as it pours into our
metallic money stock as primary
money, raise his wages. There will be
work for all, and the strife for labor
will cease. -
Referring to the reported 10 per cent
advance in wages at Pullman, affect
ing 1900 men, conceded by the company
without demand by the toliers, Mr..
Harvey said the facts are that there
has been no advance in wages made
at Pullman, and that Mr. Pullman
himself admits that there was no adj
vance made; that what they meant
was that they had given the men that
were at work about 10 per cent more
work to do. They had previously been
working only half-time. (Applause.l
A LOSING JOB.
Mr.: Harvey-The proposition is made
by the gold standard men that all of
our efforts for the restoration of silver
are Tor the interests of silver bullion
owners. 1t is not true. In our sJtrug-
gle TO restore a sufficient volume of
primary money in this country we have
turned our attention to silver to right
the wrong that was committed. and to
restore to the people that which was
the peoples money, irrespective of who
owned that property. The silver pro-
ducers have not assisted in running
TINS campaign. Applause.) If they
were assisting any one it is reasonable
to suppose that they had assisted me.
l began my work in May, 1893, by pub
fishing a weekly paper, and commenced
bringing out books in December, 1888.
l became chairman of the timetable
executive committee of this state in
the summer of 1893. My committee ap-
pealed personally and by letter to