Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1895-08-08
HARYEY'S CLAIMS STAND.
The Free Coinage Champion Sums Up
the Result of the Debate
with HOrr.
A Gold Trust Conspiracy Proved-Sil-
yer Dollar the Unit-Coin's
School Statements.

Chicago, Aug. 8.-Following is the sum-
ming up of the Harvey-leorr debate made
by Mr.. Harvey:
THAT gold and silver are the money
of the constitution. Mr.. Horr did not
controvert this, and left it with Daniel
Webster's statements to that effect.
2.-.Thst the silver dollar was the unit
of value in our coinage system fixed
by the act of 1882. Mr.. Horr admits
this. See pages SO and 6l, official re-
port.
3.-That both silver and gold we're the
measures of value of property until 1873,
and the debtor had right to pay in
either metal. See Mr.. Horrs answer to
Mr.. Motsinger on page 100.
4.-That the act of 1873 was surrepti-
tiously passed.
What Garfield, Blaine and others said
on this sub ject will be found in the con
gressional records during the discussions
to which my other references given in
debate will direct the reader. letter
from ex-Attorney General Pierrepont, un-
der President Grant, to Hon. George
Merrick, Denver, Colo, stating that Gen.
Grant told him he was deceived by the
act of 1873, is in my possession and will
cause it to be printed and to get general
circulation.
5.-That for all time of which we have
knowledge gold and silver we're treated
equally as money. Both had right to
enter the mints in all the countries of the
world until 1876, when England closed
her mints to silver, and 1874, when the
United States, Germany, France and the
Latin Union followed. And until 1874
the commercial values of the two metals
we're substantially at parity with the
legal ratio. That this condition made
both metals available for use as primary
money, and the demand for primary
money was relieved by the volume Of
both metals.
6-That prices Of all property are now
measured in gold alone and are substan-
TALLY at the present time one-half what
they would be under the blmetallic sys-
tenn. Mr.. Horr frequently in debate sub
stantially makes this admission.
There were $l43,O00,O00, in silver
coined in our mints prior to 1868, all of
which coined prior to 1858 was primary
MOuoyS huu oIuCo 1000 blo bllNoI uOllhIs
we're primary money, and by virtue of the
right of silver to be coined into primary
money, through the medium of.silver dol
lars, the whole system was exarting it's ~.
fluence as measure of value and stood
ready to be coined, and to share equally
with gold the demand for money. That
all silver coined since February IL, 1873,
has been token money, representing gold,
is not exerting an influence as measure
of values and is not performing the func-
tions of primary money.
81 believe those who read and care
fully digest the debate will conclude that
I have made good all the propositions
set forth in my opening statements. That
Mr.. Horr found no errors in Coins FL
nancial School except the statement in
page 9, where 1t stated that the silver
coined prior to 1873 was $1O5,00O,O0O,
which We both agree should read $143,-
100000. This is not an error affecting
the merits of the book or the principle
involved, and to have stated it was $143,-
100000 would have been more to the in
terest of my cause than to have stated it
at $1O5,OOO,O0O.