Courier Democrat. (Langdon, N.D.) 1891-1920, 1895-08-01

| that the Savior was betrayed by Judas, the
! only silver man among the twelve, and. IL
| should be noted, insisted on ratio of 10
| to 1. As to the diversion Of half of the
water from the stream, Mr.. HOrr said that
II the other half furnished all Of the water
needed the mills would not be affected at
all.
Mr.. Harvey, replying, said that under the
bank credit system we had always had
panics, and we always would have them.
The panic Of 1857 was not due to change
In the coinage, but to the bank credit sys-
TEN. In answer to Mr.. Horr's statement
that the great mass of the debts OF the ma
ton were short-time debts and therefore
not contracted before the passage OF the de-
monetizatlon act, Mr.. Harvey quoted from
the Bankers Magazine, showing an aggre-
gate In half-dozen of the larger longtime
debts Of s19,OOO,OOO.
Too Bad!
Mr.. Harvey suil ."This debate is coming to
close virtually to-day. because on Monday
shall speak exclusively upon the independent action
Ct the United States Mr. Harvey denied Mr..
suit of improved facilities. Said he: 1T is the
supply prolue ed and the demand for it that regu-
owning farm, receives the voluntary assistance
Of her neighbors to raise and harvest her wheat
the price fixed by the quantity Of wheat in exist
ence known to the traders and the estimated
demand for it? II all the corn crop in the United
States were destroyed except the crop In Iowa.
would the Iowa crop be governed by the cost OF
production or the relative supply, and demand
do with it. A man may produce an ounce Of gold
for 10 cents that Is worth 500. The fact that it
cost him him 10 cents does not make 1t worth less
Mr.. Horr: 'tMr. Harvey is nlystifed because he
takes 1t for granted that the business Of country
entirely depends upon the amount per capita Of
the circulation medium. He insists that If you
shrink that you ruin the business in the country.
There are large number of men who believe
| CnaC UOcIrlne, nut no more transparent nuIQOuX
was ever taught the people of this Or any other
to-day There there: are hundreds Of millions ' Of dollars
lying idle, simply because there is nobody to use
m D y you know 'ht MhS my friend
get the cart before the horse It Is not an abund-
ance Of money that makes business active; it Is
of ours. Applause) And until you can comprehend
| that point Brother Harvey, you will never I'M
derstond this financial question at ALL" laugh
teri
Mr.. Horr explained that the snf1ciency or lack
Of sufhciency had much to do with the question Of
banking facilities, the necessity of large or
small per capita circulation. This country has
per capita of s2G.02. Canada only has $40 per
tem~no better on the face Of the earth THAN the
| Canadian system of utilizing banks Switzerland
| face of the globe, has only $14.4S. about half
much as this country has. The ratio OF money to
the population proves nothing What w we , need
steady employment for our men,, and we have
got money enough to do twice the business we are
| uOluS lo-uaE. NAppuuse.l
| Harvey on organized Labor.
| Mr.. Harvey: At the conclusion of this debate
Mr. Horr and have $500 words each ut our
disposal to write at leisure within seven days
after the debate to sum up the debate and any
| to to-day will reply in that summary. because
| there is only short time left to us and want
to answer some matters that have been intro
| duced into this debate at the earlier stages. I
want to speak few moments on the proposition
| that wages have increased.
| Speaking of organized labor Mr.. Harvey said:
Organization 1 sustans wages for those actually
employed t while engaged at WORK but when YOU
not do so. Make the calculation this way, and you
| will find that the gold basis has measured itself
in wages with Mathematical accuracy. This con-
dtion is not healthy. 1t is not good for the
dustry and labor; it destroys manhood; it makes
| criminals. The cause for it should be removed.
iAppause The labor organizations wiz con,
money is organized. But we should have civil
ization that would make it unnecessary for any
| organizations Of that character to exist. In Eu-
rope wages have been forced down to the legiti-
mate 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 side. We
will hold his wages up without strikes or the
las the gold Of California and Australia raised
| his wages, will the silver Of our mountains as
it pours into our metallic money stock as pri-
work for ali. and the strife for labor will cease.
The man who now has work or stuati and
SelfShy reasons that lie DenentS nlmSelI Dy main.
tanning a dear dollar. is neither broad nor hui
name. He is assisting in wrecking his country
and it may be too late to remedy the error when
| he too is without employment" Applause)
The Pullman Wages.
Mr. Harvey asked if we were not deceived
| about wages being increased. Referring to the
| reported 10 per cent advance in wages at Pull
6s the es .hs
| said the facts that there has been no advance
in wages made at Pullman, and that MT. Pull
r5v,,itS fhOf VyQ0
made; that what they meant was that they had
given the men that were at work about 10 per
Gorking only half,time (Appiausey Mr. Harvey
read Il letter from Thomas l. Kidd, general sec.
rotary of the machine s nal
the necessities Of the laboring people; the dollar
would unquestionably be Of greater value to them
borer may save by cheaper clothes and food is
| more than offset by increased rent alone. When
all things are considered the relative value of
| the dollar is no greater now thGn-ln 1S6o.' MIR.
| Harvey went on: 80 ... !.
s.one trouble that all labor will now recognize
depressed condition Of affairs lnborers are not
working full time. The unions have succeeded
are not Working more say, than one half the time,
which is making that much less in dollars that
Harvey said: Twenty. million acres of land in
| the United States to-day Is owned by english
titled nobility and the English Land tenant t mas
country In Illinois there is county by the name
| Of Logan that has county seat by the name OF
| Lincoln, and you drive for miles through
| that county on your way to that county seat and
have on both sides of you Lord Scully's posses
| sIons with the Irish thutched cottages over the
| land" (Applause.)
| Mr. Horr-I have Travelled extensively, very ex-
| tensvely through thirtyOne states OF this Union,
| and never vet saw single farm nor had my
| attention called to that was owned by people
| living outside Of the United States There are
| some hut they are few. -,
Mr.. Harvey said: 1.-The proposition is made by
| the gold standard that all Of our efforts for
the restoration of silver is for the interests OF
| silver bullion owners. 1t is not true. In our
| struggle to restore sufficient volume of primary
| money In this country we have turned our atten-
| tion to
! that was committed and to restore to che people
| that which was the peoples money irrespective
! of who owned that property. We do not object
| to gold, because the gold miners produce it, and
| the arguments that the gentleman makes about
silver producers could be made with the same force
| about the gold producers. But want to make
another answer to it; want to say to you that
the silver producers have not assisted In running
| this campaign. (Applause.) If they We're assist
| ing anyone it is reasonable to suppose that they
| had assisted me. began my work In May, 1893:
by publishing weekly paper, and commenced
| bringing out books in December, 1898. l became
| chairman of the bmetaic executive committee