New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-07-21

that when the gold dollar cheapened IT became
the actual measure OF value in this country and re-
that the silver dollar, though still legal measure ,
% ar s USED e Gene s ha both
that from 1862 1879 the domestic business OF this
,Sn was done BY using the @ 1rns Of
those years equal in value to either the 9o,o
both agree.
SOME THINGS ON WHICH THEY AGREE.
Now mark. we both agree that in 1873 the coinage
Of silver dollars was stopped by law and that since
1872 since the resumption OF specie payments. the
domestic and international business OF this country
has been done a gold basis We agree tina; Great
Britain has been a gold basis since 1876 no dis
pute about IT, I claim that Germany ceased the
coinage OF silver In 1871 and he claims that y was
not done until later in 1873. but we both agree that
since January l. 1874. Germany has been entirely
upon gold basis. We agree that the nations whicn
compose the Latin Union. to wit. France, Belgium,
Switzerland. Italy and Greece. are all OF them to-
day gold standard countries. There Is 10 dispute
also gold standard countries we agree that Mexico.
China Japan and several Of the republics of South
day no nation on the face OF the earth that is act
o@ ya snE each of h Of the Wcrd
either god alone or silver alone, except IN some
countries where deprecated paper money Is me only
sold commodity. just as was tne case IN tnls
r a%ns 1ne Sa he law of @ was secretly
and fraudHlenty passed lie won't deny, that he
claims that That have 9en ruth ana IN s sI aes State
ment. But we both agree that the law was passed
and H. in force to-day.
THE IMPORTANT QUESTION NOW.
Now. the important question before the American
people at this moment. and the one we are here TO
discuss is this Ought the law to be repealed?
Ought we again to throw open the mnts OF the
United States 10 the free coinage Of silver upon the
old ratio of IS when the actual ratio OF value
in the markets of the world is fully 30 to I?
Mr. Harvey-When have read the printed record
of what Mr. Horn has just now said. 1t vii! be time
enough for me take up new subject The act
OF 1873 served the purpose of the who were
seeking 10 overthrow constitutional standards
Of money in this way. In 1873 on account OF ex-
Frerch ratio Of 1871 20 i being less than our. 16
l. Congress preserving the silver unit ordered by
should be cut down in the French ratio to
stop it's expectation The silver unit was pre-
served and could be preserved without coming a
single one of them 1t would regulate the other
Coins all The s nayr or 81 'f a rn9e
teri | Mr. Horr and his assistants to IN,
.pect IT, turn r, s., to bad N II ' svar n dollar I
that would fcai around the word was passed In the
showing that the aviv OF refer
ence that appears in that paper il in press tee-
gram from Washington whieh Is ths read ,ian IL;
the laws relating TO minis assay offices and coin,
age OF inc United States. which was amended and
pa ssed" That Is ali. not another word ~
I have charged that IL passed secretly. Ihe
fact that fundamental law Of the Government had
been reversed and that no Information OF IL han
gone TO the people whose Government II was either
before after the passage of the BILL until II was
discovered several years afterward. Is one or the
best evidences of its secret passage
SILVER MONEY NOT CURTAILED.
Mr. Horr-I desire TO say that anybody who states
that the passage Of the law of 1873 resulted in
curtalling the silver money In circulation In the
United States states something that Is not true
was Just saying that Mr.. Harvey and myself
agree that the law Of 1879 vas passed. Dropping
the matter Of how It happened to be. the fact still
exists The important question before the American
people this moment and the one We are here TO
discuss is this: ought the law to be repealed?
Ought again TO throw open the minis or the
United States to the free coinage or silver upon
the Old ratio OF II 10 /. when the actual ratio OF
value OF the markets OF the world Is fully 30 to ]?
In order - decide intelligently We must inquire
somewhat into the doctrine OF ratios. now ask, is
value between two substances and then maintain
such ratio for any great length OF time. either IN
the markets OF tho world In the markets or the
country where such law i enacted
This discussion OF the question OF ratios VIII lead
ny 70 the correct solution OF the dispute be-
tween
Mr. Harvey then continued his efforts to prove
that the bill Of 1873 was railroaded through Con-
gress. and the debate came near ending In
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