The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-07-18

in gold and silver On the contrary,
he seems to show that both were made
units of value. The word unit was
employed as the equivalent Of dollar
and the dollar was to consist of either
one or two different things, one-tenth
part Of 24712 grains of gold, or 37lH
grains OF silver just as equal values
may be embodied in given weights OF
any two given commodities such as
wheat or corn. A unit Of value is the
unit in which the values are expressed.
The values of gold and silver are ex-
pressed in the act of 1894, soswe have
two units of value If both had not
been so expressed, we could not have
bimetalliSm.'
HOrr Admits 1t.
Mr. Harvey: Yesterday at the close,
after l had quoted as authority Tor
silver being the unit, the utterances OF
Secretary Gallatin. a decision by Chiet
Justice Chase, of the Supreme court OF
the United States, and other numerous
authorities, including Roswell G. Horr,
Of New York, Mr.. Horr then admitted
that the silver dollar was the Unit of
value and the record of yesterday
shows that. ftow, in view of his at
tempts to try to twist something back
into the discussion by which we are
to believe him as saying one thing yes
terday and something else today, /
leave him to such fate as the readers
of this debate think proper. Gap
plause)
I'm his constant attempt TO try to
discuss bimetallism, the relation of
silver and gold, before we get to that
which is in the second chapter of the
School, he is trying TO mix the sub
Ject up. When We get there we will
see that neither Mr.. Horn nor Judge
Vincent knows what bimetallism is,
and many things thai he is now raix-
ing UP will then be cleared and Mr..
Horr will be even a babe. (Applause).
We agreed to take up the subject
of decentralization, the act of 1873. in
today's debate, and having waited for
him TO begin, and he not beginning, l
now will start" Applause).
'You AIisquote Me-
/ Mr. Horr: Il beg pardon, you mis-
quote ne. I stated last night that 1
had not got through with the unit of
value; that 1 had some other things
to submit in so many words, and we
/ did not agree TO take up any other
! subject at any particular session, only
that we would take them in a GER
tain order and let them run until we
had finished them
/ Mr. Harvey-"And in that order the
crime Of 1873, as we call it, came next
after the discussion of the unit
Mr. Horr-"I am not through with
that YET
will go on" Oaughte).
Mr.. Harvey then discussed at length
the act of 1873.
Mr.. Horn followed on the same sub
iect.
Mr.. Harvey-''Mr. Horr says that I
have no proof that the scheme was
cOncocted in London to demonetize sill
in II nj
a boy L went into court house one
day to hear a criminal trial and [
heard lawyer say When a crime is
committed and you want to detect
the criminal, look for the man that
is benefited by the crime" Cap
plause)
Here Is the Criminal.
Reasoning by induction will more
invariably locate the criminal than
any human testimony Silver was de-
none led in England and in England
only, prior to the day it was demone-
uzed in this country. There was where
the movement started that is another
/ evidence. London bankers initiated
the Paris conference in 1861 at which
Mr.. John Sherman was present,
therefore, 1 have the right to say the
conspiracy originated in London.
''As Horr says, the science OF money
IS hard to understand. Ever since
money lenders of the world shackled
the people of the world and taught
the people that money was hard to
understand (applause), that it is one
of the difficult things. as Mr.. Horn
! once said in his speech, 1T gives me
1 a headache to think of it, Qaughtero
and you are not competent to study
it or understand it, and as long as
they can make you believe that, they
have you in their power In 1873. when
this treacherouS act was passed there
was no specie currency in this country.
During all the years from 1892 to 1861,
when it was actually in use, and be-
ing tested for its merits, no one pro-
posed to demonetize either of the met
ais except some money lenders from
Europe who proposed it in 1854. Cap
plause) But at that time, 1873, when
it was not in circulation and was not
| needed, the movement was begun and
contaminated And as one congress
man said when the bill was offered
in Congress, 1--WE are not using gold
and silver as money, have not yet
considered an act for the resumption
of specie payment, and the introduce
ton of this bill at the present time
either means a trick or is g farce
worthy of being caricatured by Thorn
as Mast"
Avalanche of Questions.
This closed the debate for the day
and questions were in order.
Mr.. Bliss questioned Mr.. Harvey as
70 figures in his book relative to the
coinage of silver previous to 1878. Mr..
Harvey admitted that he did i'd e err On
eously state the amount at s37OOO,OOO
less than the amount Of silver actu-
ally coined before 1873. However II II
bad baen 10 the interest of his argu-
ment to state the amount at all 1t
I o. B. Gum. OF Kansas City, caused
Mt Harvey to explain at length the
amount and demonetization OF the
silver coinage previous to 1873.
Questions by score OF others Were
o-1[ad and answered. but the discus
sion was of a rambling nature. The
debate will be resumed at 10 O'Clock
tomorrow morning.
Ng,FONNET VIEWS.