Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1895-08-29
THE HARVEY AND H0RR DEBATE ON MONEY
Coins Financial School" the Theme
Of Discussion.
Will Be A ten DAYS joint DSCSNM At mlcAco II
VIII go Down IN History as a Debate Of National
Importance and Renown

Mr. horr-"fes, more than gold
now we v been cheapening the pro
uuctlon of aluminium by discoverin,
!ne means of separating it and cettine
;n.o me1a lorm-pure metal. Every
thsontlon we have made has cheapeneG
Tue production until now it is down tt
HeInaps Az or 45 cents per pound. Now
iisten: believe that there are men il
tnls house who will yet live to seq
aluminium so cheap that it will be used
III casing our houses and will take the
pace OF lumber when it shall disap
pear Q use in house building.
Mr.. H~aIvey-"I hope in the course Of
the next debate, to get through witt
the logical presentation Of this cues.
ton and then have it out with NJ rHor,
right here on all the questions be is
bringing up, and l am only going to re-
Ter briefly to what he said row..
he speaks of improved facilities
and improved cheapness Of production
as lowering prices. Now, when we meet
on that know exactly how a reasona.
Die mar is going to decide it, but | Just
give you this to think about in the
meantime, SO 70 wont be following Mr.,
HOrr OFT in his sidetracks.
Between 1850 and 1873 we had q
great era of improved facilities. Even
b ~harvesters were invented and ia
use before 1873 even the the binder
and yet prices rising. Improved
facilities increased constantly and at
the same time prices were rising. When
we get to it we will all understand this
question.
1.-THE people of the United States are
being deceived, most woefully deceived
on this money question, and the own.
ers OF money, gold and money payable
in gold and bonds and securities paya.
BILE in gold are runninga corner on
you by which they are becoming the
owners of you. (Applause.) You are
being sold In bondage to the pawn.
brokers of Europe today by this none.
tary policy. (Applause.) And before
| get through with Mr.. Horr none OF
these specious arguments and specious
style OF reasoning of his will be in our
way.
Mr.. Horr-'I am very much surpris.
ed to hear my friend say that we were
getting along well during the years OF
suspension of specie payment, when
we used entirely money that on its face
had to be redeemed. His definition OF
primary money was money Of redemp.
ton. Every greenback has to be re-
deemed to make it good. 1t is not pri.
mary money, nor can we construe it
into primary money by any hook or
crook. Now in 1879 we did not return
to specie payment. We did make our
and all money as good
the best and Brother Harvey and
his whole crowd of followers and ad-
herents were going up and down this
country stating that II we undertook
to enforce that act we would ruin the
business of this country. I know they
said it because / heard them, dozens
and dozens of times. They believe it
just as Harvey does now"
"Now, Brother Harvey opens every
speech he makes by announcing what
wonders he is going to do before this
debate closes. He is going to drive
me into the corner; he is going to
maui me all over the house: he pro-
poses to bury me out of sight he is
such q fearful fellow that he is going
to sweep like a cyclone over this while
country with that terrible intellect Of
his, Why, I am here yet, and notify
you, Bro. Harvey, | will be here when
we get through. Laughter and ap.
plause.)
II want to call your attention to an
mother fact: That we had slavery
in all civilized nations (applause)
and the slave holder made the same
that you have made here to-
day. (Applause.) l want to remind
you of another thing: That Rome
rose to a high state Of civilization
they did not have everything that we
have now, but they had many things
that we have not now-and when she
was at that great height OF civilization
her strength was IN her farmers; the
of the Roman empire was
prosperous and was out of debt and
there was q high state of civilization.
No ae can tell but what they we're
then possibly within 100 years OF a
new era that would have opened up
yet understood. But the
mailed hand of sel6shness was laidu Up
on the Roman empire. It was the
money lenders of Rome and Venice
(applause) and in 9 short period they
had SO manipulated the money of that
empire that the measure of values by
those honest and unsuspecting
contracted debts in n meas
ure and had to be paid in q dearer
measure. They then ruined that great
that is commemorated to-
day by the italian organ-grinder. ZAP.
plause.)
"If redemption money is required it
can float bonds among its people to
the full amount, II necessary, and get
the primary money. It should never
borrow money from the people OF an
other nation. (Applause.) To do Is q
sure indication Of monetary weakness
(applause) and II persisted in will lead
to bankruptcy.
mo man can do business on Dor.
rowed capital over q long period with
ont the almost certain risk Of failure
The anne is true Of Q nation. Nc
harmful effect results necessarily from
= nation borrowing from its own peo-
ple. When q nation, its municipalities
It's corporations and its people are al
from another nation 6heil
decay has set In. (Applause.) And
nothing but exceptional statesman.
ship and vigorous action can save \
from financial revolution and result
in0 disaster. (Applanse.)