The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1895-07-25
nCoin's" Financial Theories the
Basis Of Discussion.
THE GREAT DEBATE NOW ON
MIR. Horr Claims lie Will Disproye Every
Argument in the Widely Read
Book.


circumstances surrounding the enact
ment of the law of 1873 stated compact
w his version of the existing condi-
tions of debate, and then plumed the
main question: "Ought we again to
throw open the mints to the free coin
age of silver?'
He said: There are things about
which Mr.. Harvey and myself differ
and some which we agree on. We both
agree that since the resumption of
specie payment the domestic and inter-
national business of this country had
been done on a gold basis. We agree
that France, Belgium, Switzerland
Italy and Greece are all today gold
standard countries. There is no dis
pute between us that British America
and Australia are also gold standard
countries. We agree that Mexico,
China, Japan and several of the repub-
lies of South America are silver stand
ard nations There is no nation on the
face of the earth today that is actually
using the double standard. Mr.. Har-
Vey claims that the law of 1873 was
secretly and rraudulently passed l
have denied it and still deny it. We
both agree that the law was passed and
is in force today. Now the important
at this moment, and the one we are
here to discuss is ought the law to be
repealed? Ought we again throw open
the mints to free coinage of silver upon
the old ratio of 16 to l, when the actual
ratio of value in the markets of the
world is fully 80 to ?"
Harvey-When l have read the print
ed record of what Horr has just now
said, it will be time enough for me
to take up the new subject. / am not
done with the present subject yet /
have before me the files of the Chi
cago Tribune for 1873. This bill was
passed in the senate on January II, so
that the morning papers of the 18th
would contain any news showing the
fundamental laws of the government
that had been changed The only ref
erenee that appears in that paper is in
press telegram from Washington,
which is this: Mr. Sherman called up
the bill to revise and amend the laws
relating to mints, assay offices and coin
age of the United States, which was
amended and passed"
That is all One of the money metals
of the United States was struck down
by that BILL one of the moneys of the
constitution had been overthrown: the
dollar that had regulated all other coins
had been abolished; the great war debt
to be paid off and one of our money
resources for paying it had been de-
stroyed. Gong and continued APP
plause)
. No information of this fact was con-
Veyed to the people but that through
the newspapers of the country. Ap-
plause)
Reporters at Washington did not
know it. Congressman as whole didn't
know it, The money of the people that
had served them well was destroyed
and. now challenge Mr.. Horr to show
me anywhere in the newspapers of the
United States during the passage of the
bill which he says had no taint of fraud
attached to it where the people knew
that any bill was being considered by
congress that was to destroy as money
one-ha5f of the money metal of the
country, or that they had passed such
a bill
WHAT HORR WILL DO.
Horr in replying said: "All this talk
about striking down the money of the
people is merest rot--it is the only word
that exactly covers that kind of bosh.
The money of the people should be just
as good as the money of the nabob
and before I get through 1 Will show
the people of the United States that
l have come here to defend the rights
of the millions who live by toll; whose
wages would he cut in two by the
passage of this law which my friend
advocates. cloud and continued ap-
plause.)
''If Harvey should succeed I'm proving
that the people of the United States
in 1873 were mostly set of corrupt
hot ha 10
only pure and upright man left in the
entire city of Chicago, it will not avail
him anything in this debate. These
questions are not pertinent to the ques-
tion I'm dispute"
OPENING DEBATE.
The debate prior to running against
the big snag had been full OF interest
Harvey opened the talk with state
ment of the points so far established.
They were that prior TO 1873 gold ana
silver were the money of the constltu-
ton Silver was the unit of value up
to the time the debtor was permitted
to pay in the cheaper money and silver
was not demonetized because of any
.oyerproduction at the time the act OF
1873 was passed.
Taking up the date proper Harvey
denied that he had any time tried to
lmpedch the integrity ol lle AiiSiiS iS'n
people. but he did not propose to allow
corrupt legislators to throw the mantle
of national honesty around them for
their own protection.
The speaker recognized the integrity
of the American people and it was to
that he appealed. The speaker ther
resumed the statement interrupted al
the close of the talk Thursday of the
various steps leading up to the passing
of the act of 1873.
Horr. in opening. declined TO allow
Harvey to accept as admitted any
statements of Harvey's which Hor
failed to deny. Horr said Harvey ha6
been reading a series of carefully pre-
pared essays and he CHor) could no
oe expected to remember all the state
ments made in them. Harvey nigh
take it for granted that he QHorr) de
MED everything except what he ex
pressly assented to.
Horr then took up the side of the in
ternational monetary conference o
Paris, 1867, at which the leading civil
lied nations of the world were repre-