The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1895-07-26


true aud had not been true for great
many thousand years,
II was true, he said, aA measured In
human toll, both gold aud silver had
dsprcciatsd Ia yuiuei bat silver had de-
preClatsd much faster than gold.
Mr.. HOrF then presented statlntlcl Tor
q series Of years in substantiation of the
depreciation OF gold, showing the prices
for agricultural products aud the wages
Of labor.
Mr.. Harvey took up the subject and
proceeded 70 argue that advances in the
price OF grain undera gold basis as those
quoted had resulted either from short
crops, or Ia the increased demand
brought about by finding new uses for
Il.
Mr. Harvey said that tho banks
should 90 out OF the government bu9I'
ness or tho government 90 out Of the
bonking business, Applause. Let
the banks be banks oil depoIlt aud dis
count aud not makers OF money. They
are making il now with bank credit and
you arc paying them Interest for It. The
0rgHment that confidence aud not
money Is all thAtis wanted, II made by
a gTeenbacEeF, would be TldiculOd by
those men. Confidence won't buy any.
thing. 1t will get q man In debt to a
banker, that is all. You might rs woll
talk about doing without air and water
as talk about doing without money.
There 10 a condition oi civilization that
you can imagine by which you eau be q
part OF that civilization and yet do
without money, APPlause.
Aud by the legislation In 1873 1t has
been enhanced In exchRngeRble value
with your property. That is tho critical
polntin this financial discussion. Ap.
plause.1 A man loaning money in 1879
that ono thousand bushels Of wheat
have paId-you mutt now give him two
thousand bushels OF wheat 10 pay that
debt. [Applause.
Tho men who owns bonds payable in
money, and securities payable In
money, aggrogaling more than all tho
assessed Vakue OF the property in tho
Uuited States, have legislassd 80 as to
enhance tina value Of their property un'
Ill you have got to give up twice as
much to them whom they come to buy
your property as they give up to you
whom you go with your hard earnings,
with tho product Of your loom and your
field TO buy their property [Applauael
GROWING WARN.
Mr.. Horr-Now l want to call tho at.
tonlion Of my friend to the fact that he
cannot get at how farmers are doing
simply by selecting ono article which
happens TO be cheap.
Mr.. HRrvey-l want TO ask you right
here, before the people, to answer my
argument made Just before ] sat down.
Mr.. Horr-I am going to do 1t II YOU
will wait and keep still; that is what l
am up hero for now. Laughter. The
very last thing he said was in reference
to the fact that q farmer had to give
twice as much wheat to pay his debt as
he did before the demonstration Of sill.
YER? What aits you? That Is the very
thing | ain speaking about. Now, ! was
stating that he cannot possibly find out
tho facts in reference to the farmer sim
ply by taking one article, aud that the
lowest you can find. Now, l will
call your attention to a confirms
ton OF the figures which l have
heretofore given. ThoSo figures show
that prices for farm products, all
taken together, you know, have not dc.
ciinod. Here Ia the Unisod States, COM
pairing the present values to those Of
twenty years ago, l find my conHrma.
ton in an analysis Of national wealth
by the great statistical authority, MIR.
Mulhan, go often quoted by Mr.. Harvey.
In the June North American Review
Mr.. Mulhall says that tho average year.
" accumulation Of tho agricultural
workers per capita OF the United States
was for the decade 1851 TO 1870, Sl7 90
each.
Mr.. Harvey-Will you pardon me-
Mr.. HOrr-Don't bother me-Ior the
decade 1881 to 1880, $47 10 per canisa,
and for the decade 1881 to 1890, SAT 80
per capita. Here is an ability on the
part OF the farmers Of thia country to
save in the last census decade nearly
three times rs great as In the decade
before the silver legislation Of 1873.
RANK DEMAGoGY.
Mr.. Harvoy--Didn't you have that
written before you left New York; APP
ptausc.1 lie Gays that We have in.
creased in wealth. Nobody disputes
that. Tho United States has not only
beon Il workshop in producing wealth,
but It has been sWOatshop. APP
plaase.l II has beon producing wealth,
but hnye tho mon who produced that
wealth, got wealth. Tho rich men arc
controlling tho loglslation OF America
and tho cd world, and there is no plan
by which European civilization can
riso from under II, and when We have
passed four or Oirhs years further q long
thore will bO no way for ul to rise from
undor 1t.
We aro making in the United States
to-day The last cinnd Of frSemOn in tho
civilization Of the world. Applause.
Tho answering Of questions occupied
much Of the remainder OF tho day, tho
debate finally being adjourned At Mr..
HorrG request till Saturday at Up. III.
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