The times. [volume] (Richmond, Va.) 1890-1903, 1895-07-18
The CURRENCY DISCUSSION.
Some Of The Arguments Used 10 The
Second Days Debate.
Mr. HcRR PULLS HISTORY ON HARVEY.
And Shows the Effects Of n Deprecated
Currency i'm the Fifteenth and Six
teenth Century-A Tilt Over Judge
yincent's Decision.

Copyright. 1896, by Azel +. Hatch)
CHICAGO. ILL. July 1.-THE second
session OF the Horr-Harsey silver debate
began at o'clock in the auditorium OF
the Illinois Club before the same limited
audience. Mr. Horr began by quoting
Halam's "Middle Ages as authority 10
prove the fallacy OF Mr. Haryey's state
monts in his book regarding the degen-
orscy OF the world commercially in the
fifteenth century as "A result OF the de-
pre-. iation Of silver. lie cited from IrO-
lessor James EtherOld Rogers 10 relutc
the statements made by MIR. Harvey that
tho price of wheat had fallen IN tla-
IsriO,i, and that the condition or TIE
masses became more miserable Win the
peasage fi5m the fourteenth century, as
charged by Mr.. Harvey. Hiuaspan was
also cited in the contradiction OF silver
champions OF the fifteenth century state
meuts lie conclude 4. MIR. Harvey and
his free silver friends Identity prosperity
and the prospect OF man win the lot of
the nobility of Europe, ard not vain
that OF the toiiers. Air. Harvey stands
as the exponent of the rich. and not OF
the toiiers. wnOsc welfare should first
be considered 10y the legislation of state
HAByEi's REPLY.
Mr. Harvey replied that he volunteered
TO explain the preface 10 his book be-
cause gold standard papers all over the
COUNTRY 2ad his silver friends from New
York and elsewhere had declared that
ii was forgery, and he did not intend
10 argue with HOrr that the monetary
commission, from the report Of which
the quotation was made, did not know
what it was talking about lie declined
70 nave his mind diverted fr)m the rtgu-
lar argument and logical arrangement
of the debate. lie declared that the
debate SO far had settled the questions
as 10 what was the money of the Con-
stituuOn. which was the unit OF value
as fixed by the trainers Of the COnstitu-
ton. in favor Of his book. The key
note which he wanted 10 sound was
that there was no good reason for de-
bdsing one Of the metals and when gold
and silver had been honest money Tor
centuries, when under free coinage ana
equal treatment both had equal purchas-
ing power In their own right, and when
population and the demand on the m0rey
mdtHet would be growing in every year.
Mr.. Horr, to "clinch this business. -
now declared his opponent had not read
from Professor George GuutOn's Wealth
and Progress 20 show there was rise
instead Of fall In the price OF wheat
I'm the fifteenth century and a correspond
ing Increase IN the early part of the
sixteenth century.
The prices he quoted per quarter showed
that wheat had been steadily advancing.
instead OF falling. as claimed by his op-
ponent.
he resented Mr.. Harvey's severe crit
icism OF Judge Vincent for deciding I'm
his remarks yesterday the question wheth-
er the trainers Of the bin of lSo intended
10 establish two measures OF value. He
had noticed that when people got the free
silver craze they instantly became ego
ustlcai ana abusive of every one who
Judge Vincent had decided the question.
as submitted 10 him by individuals as he
honestly believed was right and il was
IlsAt, but Mr. Harvey called him dis
honest.
Mh. HARVEY UsEs STRONG LANGUAGE.
Mr. Horr read from a letter Of Mr..
Leach. Tor many years Director OF the
Mint. who took precisely the same view
that the claim that me silver dollar
was the unit OF value was Inconsistent
with the bimetailic system.
This decision was exactly I'm accordance
with the facts. The laws authorized
gold dollar unit and a silver dollar uniG
different from each other in intrinsic
value. That was the reason the law of
1913 was proposed.
Mr.. Harvey, replying declared that
Mr.. Horr had admitted yesterday that
silver was the unit OF value, and the
record showed H. Now he attempted 10
twist something back into the discus
sion by which he was 10 be believed AZ
saying one thing yesterday and some
thing else to-day. Mr.. HOrr was ac-
cused Of trying 20 mix things by discuss
ing himctallism and the relation OF silver
and gold. which were IN the second chap
ter of The book lie asserted that neither
Nh. H0rr nor Judge Vincent knew any
more about bmetaliism than a baby.
lie accused his opponent Of travelling on
slde-tracks and neglected u follow the
agreed order Of discussion. tie then in
trOduccd "a discussion Of the demonctiza-
tiOn Of silver, and the crime Of lS3 lie
accused senator sherman of being the
arch cOnsplratOr. and the European flnan-
ciers his acccmpiiCes.