Marshall County independent. (Plymouth, Marshall County, Ind.) 1894-1895, 1895-08-01
HARVEY AND HORR.
GOLDEUG is WAllOPED BY THE
"COIN" MAN.
Silver Has Clearly the Best of 1t in the
Financial Debate at Chicago The
United States Could Control the FL
nanciaI World.
The Crime of '73.

bune, engaged in q debate on the silver
question in Chicago. The debate was
conducted on n novel plan. 1t was
series of meetings lasting eight days
and about three hours a day. in which
the disputants in ten minute speeches
took either the affirmative or negative
of any proposition, at pleasure. Every
phase of the silver question was han
died. Mr.. Horn is regarded as one of
the ablest champions Of the gOldbus
cause, while the ability of Mr.. Harvey
Is attested by evidence of the strongest
character No other writer on any
economic question has ever in so short
q period of time exerted such n marked
influence on the public mind.
Any candid reader, taking the report
as given of the first day, must concede
that so far silver has had all the in
nings. Not one single point was made
against it. The desperate condition of
the gold men ON the unit part Of the
argument was shown in the attempt of
Horr to go back of the foundation Of
the Government itself, and two years
before the Constitution was framed
and four years before the first Con-
gress under it was held. The colonies
issued continental money and made 1t
redeemable in Spanish milhed dollars
but that has nothing to do with what
Is in the Constitution or the Congress
created by the Constitution. Again,
Mr.. Horn expressly admits that the sill
YER dollar was the unit and that I'VE
did have the silver standard up to
which is as to what the trainers of
the law Of 1902 intended.
We are disappOinted-for we did not
expect to see the whole case given
away the first day of the debate. When
the unit and standard" Of 1892 is
conceded, the whole gold argument
falls-fOr the change from that of sill
yer to that of gold in 1913 was a re-
versal of the policy Of the nation rs 20
its money from the foundation Of the
Government to that date. This is OK
actly what the silver men complain of,
and 1t is what has been denied. We
thank Mr.. Horn for that word"
Mr. Horn is clearly out of his element
when it comes to a calm, logical argu-
ment of the subject. He is an im-
prOmptu speaker, and on the stump. in
the face of an audience where the use
OF jingle of meaningless words passes
for ability, Mr.. Horr would have the
advantage. but in this debate which
goes to the world in plain black and
xx-h; no nd ut.ir,, nf
the ordinary speaker who tickles the
unthinking audience do not appear,
and the random shots made without
aim or object make sorry appearance
as compared with the force and terse-
ness Of Harvey's replies.
Nothing could better illustrate the
weakness of Mr.. Horr's position than
his puny attempts to cast discredit on
Coins Financial SCHOOL, by alta TX
ing it as an allegorical work and dra-
matically urging that Mr.. Coin should
say whether or not certain expressions
were literally true. Of course it was
amusing to silver men to see such an
attempt made. instead of attacking the
principles which the book champions,
Dut MI ltps was IL
effort. 1t was dignified, respectful
answer 10 which Mr. Horn was not en-
titled. yet Mr.. Harvey, in making that
reply, proved himself ready to treat
with more than due respect, the trivial
subterfuges of his opponent
Mr.. Narvey's reply was greeted with
storm of applause and Mr.. Horr was
Il - To, of no ct, nj
issues of dispute instead of skirmish-
ing around and avoiding the question
The silver men are satisfied at the
ausDicious opening. We have been
familiar with Mr.. Ilorr's peculiar tai
ent for many years. He is what peo-
pie call smart man, thinks quickly
ON his feet and is as impudent as smart.
But the man is not IL student. AS
tariff dcoater, Mr.. IOrr made quite
an extended reputation. He is Of that
peculiar mental organization and tenn
permanent that made him at home with
series of complicated figures, like
tariff schedules-specific. ad valorem
and mixed duties, historic dates and
party records. Mr.. IIOrr began exact
and making high sounding assertions
but used no argument. Harvey has
shown an ability TO take care of him
self. The vital point in the whole de
bate was the intention of the nation In
establishing the unit and standard
and that Horr gave away the first hour.
We Are Able to Control.
The New York World makes this
statement:
Recent statistics show that the total
banking power as it is called, OF the
world IS 100000, 900, or $4,000, 900,
600. OF this North America, mainly
this country, controls FL 100000, while
all Europe, including Great Britain,
France, Germany, Belgium and the
Netherlands. all the great Capitalists
nations, control but f2,300,0OO In 9th
er words, this country holds about half
as much of the worlds banking power
as all Europe combined. and greatly