The record-union. [volume] (Sacramento, Calif.) 1891-1903, 1895-08-07
The convention sent kilograms of greet

The convention sent kilograms of greet
ing 10 the conventions at Iowa, MisSis-
sippi and Texas. and adjourned until
the evening session, when, after listening
to various speeches and passing the usual
votes OF thanks, the convention adjourned
Sf3le dle.
BURROWS SPEAKS AGAINST UNLIMITED
SILVER COINAGE.
PETOSKY Mich. J. Aug. 6.-U nited States
Senator Jullas G. Burrows spoke against
the free and unlimited coinage of silver
to-day at Bay View to an audience OF
5000 persons.
Senator Burrows began by reviewing
the monetary system of the United States,
and said whatever Of just criticism our
present financial may provoke it is a
matter OF pride and congratulations that
III all this vast volume of currency
there is no one dollar inferior to any
other dollar in its purchasing ana debt
paying power, but all maintained at a
parity aud all as good as the best money
of any nation on the face Of the globe.
He denied that silver is demOnetlZed. lie
then described what was meant by free
and unlimited coinage Of silver. Gold
would be expelled from circulation to-
gather with every bit Of paper redeema-
Ole in gold, and panic the like of which
has not been seen in the generation
would result.
"Coins OF unequal value cannot be
made to circulate side by side but the
| cheaper will invariably drive the dearer
! into retirement" the speaker said. The
one thing that makes the silver dollar on a
par with the gold to-day is because the
Government treats them the same as gold,
and the belief that the Government can al
all times maintain the equality with gold.
| L nder free coinage there would be no
| such restraint.
"Relieve the Government of the re-
sponsibility Of maintaining the silver
| dollar thus issued at q parity with gOld,
the speaker said, "and every dollar
| coined would at once sink to its CONNER
| cial value and be worth no more than the
market value Of the bullion it contained" "
| In conclusion he said: II would not
have 1t inferred that | am opposed to the
use of silver in our monetary system. l
am thorough bimeLallist believing in
the use OF both metals, maintaining al
all times the equality OF all our dollars
whether paper or coin. Our present sys-
tenn is bimetallism in practice and not in
theory"
HORR-HARVEY DEBATE.
! CHICAGO, Aug. Gin accordance with
the agreement entered into by tine silver
and gold debaters, Messrs. Horr and
| Harvey, governing their recent contest in
this city. each was to prepare a reoapitu-
| IatlOn OF the points made in their re-
| spectiye arguments, not exceeding 1900
words each, and to complete the same
within week from the close or the con-
test. This has been done, and III SUBJ
stance the summary OF RosWei G., Horr
is as follows:
MIR. Harvey admits that the book is
pure fiction. lie repudiates its motto
by declaring that it does not mean what
| it says. His statement that primary
money only Is the measure of value he
has not even attempted 10 sustain, though
his opinion has been called Tor repeatedly.
MIR. harvey nexk bases his case upon the
assumption that the law of 1878 was a
crime, and stated that it had its origin in
fraud and its birth through bribery and
corruption. He indicated no evidence in
support OF this, and he stands convicted
OF making every one of these charges
without any proof that would be received
in any ordinary court of justice. If Con-
gress WAS bribed TO pass bad bill, then
the bill must have first passed in bad
shape. Now if that be true, then there
would be no need of Clerk to do the
dirty work. II it was done by the Enroll
ing Clerk then it follows that Congress
passed the bill as it ought TO have been,
and consequently they would not have
done what he says they were bribed to do.
If Congress passed the bill all right. and
the Enrolling Clerk enrolled it correctly,
then the bribery could apply only to the
members of the Conference Committee.
All these villanies are then abandoned
when he claims that the whole thing was
accomplished by means of a 'su destitute
bill"
Mr.. Harvey's statement that free COIN
age creates unlimited demand is nc:
taken stock in, because there can be an
unlimited demand Tor no human produc-
tions. Mir. Harvey fails on tirely TO prove
that the use of one metal is an expert
ment. He utterly failed to show fall in
the price of a single article, which is not
fully accounted by cheaper COST of pro-
duction. improved transportation or in
creased supply.
MIR. Harvey says: at settled the pro-
position that gold and silver are the
money of the nation. Mr.. Horr did not
controvert this. The silver dollar was
the unit OF value in our coinage system
fixed by the Act of 1892. Mr.. Horr ad-
mits this. Silver and gold were the meas
ures of value of all other property until
1873, and the debtor had right TO pay in
either metal. The Act of 1878 was sur
reptitiously passed. For all time Of
which we have any knowledge. gold aud
silver were treated equally as money
until 1916. when England closed her nints
TO silver, and in 1884, when the United
States, Germany. France and the Latin
Union followed suit. The prices of all
property are now measured In gold alone
and are substantially one-half what they
would be under the bimetallio system. L
have made good all the propositions set
forth Ill my opening statement. MIR. Horr
found no errors in my book except the
statement that the silver coined prior to
1873 was $685. 000 instead of Sl43, ,000,-
600 Mr.. Horr shows that he does not
yet know what bimetallism ISL
Mr.. Horr in his rejoinder, said his op-
ponent took two days to discuss crime
which never existed, and had no time TO
defend many errors in his book repeat
edly pointed out and which he promised
to explain later. He now tells what
wonders he would have done had he not
been driven from his essays, which
he calls his regular order" In
his summary he goes out of his
way to villify The supreme Court,
the only honorable body in the United
States which he had not slandered in his
part of the debate. Nowhere has my op-
ponent shown the advisapility of this ma
tion freely coming silver at l6 10 l, nor
can he do it. His summary, like his de-
bate, attempts to disparage honest indus
try. The whole system clearly aims at
the destruction of law, individual devel-
opment and social order, if need be,
through revolution. l have shown that
Mr.. Harvey is devoting his life to de-
ceiving the people.
GOLD WITHDRAWALS.