Waterbury evening Democrat., 1895-07-17

WILLIAM H. HARVEY.
 extent. Then the Michigan congressman replied, and was followed by the expound- CT of free coin.
 After this both men stood ready to an- swer any questions which might be pro- pounded to them by members of the audi ence.
 The debate took place in the assembly room of the Illinois club The room was fitted up like a small amphitheater, but there were seats for only 200 persons Ad mission was by card only, and all others who are interested will have to content themselves with reading the accounts of the wordy fray in the daily papers.
 The debate proper began by MT. HorI asking his opponent to tell plainly if there was ever any such school held as that de- scribed in the book, "Coin's Financial School"
 ICopyright secured by Azel P. Fitch of Chi
 cago.l
 Mir Horr said: 1T find all through the book a large number of statements attrib- uted to a very considerable number of the business men of Chicago, and I am in- formed that these men never one of them uttered a single word attributed to them. If the book is written as m allegory, would like my friend to state why he did not use, as all literary men have always
 
 MT. Harvey-"The School" is an ale gory. It marshals the opinions of the two sides of this controversy, so that one in imagination can see the conflict of opin- ions and the contest as it proceeds. It puts in the mouths of the gold 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 in- tended to be in the fairness of stating those views. The fact that a little boy in knee pants was the instructor of the men | was supposed to be sufficient to fix the story as allcgorical.
 HOrr Attacks "COin's" Motto. Mir. Horr-Now I come to the motto of | the book, which is this, "I thank thcc O Father. Lord of heaven and earth, be cause thou hast hid these things from the wise and prudent and hast revealed them | unto babes" Does my friend desire to in- innate that the kind of finance that he | teaches is something that babes will un- derstand, but that people who know any | thing will never be able to comprehend? | Applause and laughter.)
 Mir. Harvcy-Mr. Horr misinterprets the | meaning of that verse. The word "babcs'' is intended to mean the pure of mind and | unselffsh It is in that sense that it is used Il III biiC 11ipbS anu bIldg OllOSc plIO of mind and unselflsh can see clearly those things which the impure of mind cannot see or understand.
 | Mir. Horr-I submit that that motto l docs not give an excuse for a boy, because ! he is in knee brooches, to stop telling the truth. It does not give the boy any right to misreprcscnt facts.
 l At this point the contestants discussed at some length the definition of money. l Coming to the money system of the Unit ] ed States, Mr. Horr said:
 "The first law that was ever passed in the United States on the subject of money was on July $, 17S5. That was two years | after the subject had been discussed in ev- cry shape and form by the people and press | of the United States. It was resolved that | the money unit of the United States of l America be one dollar; that the smallest coin be of copper. of which 200 should pass for one dollar; that the several pieces should increase in decimal ratio.
 "Now every one will say they had not | yet stated at all what the dollar should consist of, except that 200 copper half cents should be one of them, and that was I the first unit of measure that congress es- tablished. That is all the law there has ever been on the subject, and all that has ever been said about it anywhere. (Ap- plause.) So we had first the money of the daddies of copper-no doubt about it. The Coinage Laws.
 "Now comes the next important legis- latiOn upon this subject: Resolved, That the standards of the United States of America for gold and silver shall be II parts fine and part alloy Originally that was the weight of alloy in all the coins of the United States. Afterward we reduced the alloy so that it was one part l in ten.'
 MT. Harvey-As to what Mir. Horr says about copper used as money during the | continental days preceding the adoption | of the constitution is trivial to be used in this argument. After the adoption of the constitution q bimetallic system was pro- vided for in that constitution. Article I, section 8, says, Congress shall have pow CT to coin money, regulate the value there of and of foreign coins"
 Section 10 says, "No state shall coiu money or make anything but gold and silver coin tender in payment of debts. '
 It says gold and silver (applause), moi gold or silver (applause).
 This is the constitution. Tho states sur rendered to congress the right to separate ly coin money, but expressly retained the right to the use of silver and gold as mon ey, neither as token money, one represent ing the other, as silver is now coined rep, resenting gold, but both as money in their own right. (Applause.)
 Congress, in good faith with the states has no more right to demonetize one oi these metals than it has to demonetize both of them without the consent of the states. (Applause.)
 The men who framed this constitution then proceeded to give it the construction intended. They gave to both metals equal dignity, equal rights, except to make the dollar of silver and it the unit ~oi value, in which the value of gold would be measured, but with concurrent coinage with silver they gave both metals free and unlimited coinage. Both were given full and unlimited use in the payment oi debts. There was no discrimination made in the use of the two metals except that the unit of value was to reside in the sill yer dollar, and that gold coins were to bs of the value of so many silver dollars. Harvey Quotes Daniel Webster.
 Daniel Webster said, "Gold and silver is the money of the constitution" (Ap.