The representative. [volume] (St. Paul, Minn.) 1893-1901, 1895-08-21
The GREET Debate.
Silver and Gold Face
to Face.
A Historical Discussion
Read Both Sides.
SATURDAY, JULY q, EIGHTH DAY.
MR.. HARVEY REJOINS.

MIR. HARVEY REJOlNS.
Mr.. Harvey-"In the last debate Mr..
Horr said: 4 will now refer to wheat.
Here are the figures that will please my
friend. find the average price of wheat
from 1875 to 1879 to have been 1913 cents
bushel in gold Further on he said:
Now I have SHOWN you that the three
products, oats, corn and wheat, brought
as much gold in the five years past as they
would have brought before in 1879, when
silver was almost at par with gold
"Mr. Horn took his figures on wheat
there given evidently from page 2S4 of the
Statistical Abstract for 1894. where the
average home price is given, and he aver
aged the five years, 1S75-1S79, giving you
the 1913 cents as the result, and then
made the broad statement that it was as
high now as then. l am going to read to
the stenographer from that same table
from which Mr.. Horn took his prices for
1859, prices also for 1890 to '94, where
he wound up in the broad statement that
we are getting as much for wheat now as
then. The figures as 1 read them are as
follows:
"In 1890, S4S cents; 1891, 1873 cents;
1892, 62.4 cents; 1893. $50 cents; 1894, 49.1
cents
"That was the home price, and from the
agricultural report copied in the Statisti-
cal Abstract. l pass the book to Mr..
Horr."
Mr.. HORT have better one all
bound"
Mr.. Harvey-"We are accused by Mr..
Horn in this debate Of finding fault with
men and conditions for the reasons as he
charges that we seemingly delight to do
so. And ne contrasts against that the
better disposition in man that loves to
look upon things that are pleasant. He
has touched phase of human nature on
which volumes might be written, and it
is hope of all who take active interest
in the promotion of civilization that the
time will come when there will be nothing
but contentment and happiness on this
earth. But to reach that period we must
remove the obstacles in the way. I want
to say to Mr.. Horn that the argument he
makes has been used in all ages to fortress
and defend tyranny. It is an opiate m
tended to lull into repose the oppressed.
1t is an argument that appeals to mans
desire for peace. There is one notable in
stance in this country when that argu-
ment was made, and the answer to it
was the declaration of independence. (Ap-
plause.) Later the king issued an am
nesty proclamation offering peace to those
who would lay down their arms and the
insidious tongue told the people they were
pessimists to further arraign the con-
ditions under which they were living.
The answer to that was Yorktown. You
cannot deter brave men, who know their
rights and dare maintain them, by an ar
gument that is intended to lure them from
the subject to which they invite your in
pirate language consisted of words that
jriate language consisted of words that
might be addressed to slaves, but not to
free men.
''Mr Horn says that the Sauerbeck
table is English prices. 1t is price table
that has attracted the attention of the
world. 1t shows the decline in prices of
all those articles that seek the worlds
markets, such as our wheat and cotton.
The London price of wheat affects the
price Of our wheat on the Chicago market
In the official book we have been using
here from Washington, called Coinage
Laws Appendix and Statistics, there are
three tables. One is the Sauerbeck table,
one the Soetbeer table, and the other the
Aldrich table. The Aldrich table is the
one he refers to as containing 249 articles.
1t was made by a senate committee of
which Senator Aldrech was chairman He
called to his aid principally gold-standard
assistants. Unlike Sauerbeck, they were
not free from desire to make as good a
showing as they possibly could for prices
in the United States. When it is known
that Edward Atkinson was one of the
men who assisted in making it (the re-
port so stateS) one can judge of the bias
that enters into it. This man Atkinson
has recently said, in an article published
over his signature in a Chicago news
paper, that the proper way to deal with a
silver man is to hit him over the head
with a club. (Applause.) This Aldrich
report was made in 1891, when the men
making 1t supposed prices had touched
81 the lowest point they would possibly go.
And yet 1t shows decline in prices of 80
the price of 1860.
Mr.. Harvey then produced table pre-
pared from the Aldrich report of the Uni
ted States senate, the Sauerbeck report
giving the page, the Soutbeer-H Hamburg
English report, naming the page and the
6oetbeer Hamburg report, giving the
page, his purpose being to show that all
tables as we'll as all estimates made by
different persons disagree
These prices in 1850 under the Aldrich
report average slightly more than 1O2
while by the Sauerbeck report in the
same year they reached only n. In 1850
under the Soetbeer Hamburg English re-
port the average was slightly above 100;
while by the Soetbeer Hamburg report it
was 83. Again in 1872 the report was as
follows: Aldrich, 1879: Sauerbeck, 109
Soetbeer Hamburg English, 1856, and
t. Soetbeer Hamburg, 112. Again in 1891
the report stood Aldrich, 92: Sauerbeck
u; Soetbeer Hamburg English, 100, and
Soetbeer Hamburg 80.
THE table gives the pages in the Of
fetal book from Washington on which
that table may be found. We thus see
by all OF these tables that prices are lower
now than in 1850. These tables all prove
the enormous purchasing power of money
when exchanged for property and the
small amount Of money property will
buy when exchanged for money.
r.