New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-07-26

sixty million of dollars should be in circulation
among the people. IN their possession
THE FARMERS MONEY GOES FURTHER.
Mr. Horr-Now | have shown that the prod
ucts oats and brought as much gold IN nVe
years past as they would have brought before
ISL? when silver was almost at par with goid. Now
what did the farmer do with the money? FIRST I'M
dcrstand every OF those articles Is modined by
the Invention OF machinery, so thas 'ne non "a, Vim
largely Increased profit. what they received
in 1874 1875 and 1876 That is estimated at " per
those cereals that much cheaper at the last date late.
wtn the they money he got? have hrst shown you
that he got just as much SOD as ne ana Deio he
fore you tell whether they have been ruined by
those changes, you must see how far INA, lonoy ,
passed calico averaged 49, cents yard. The farm.
buy II now Tor y. cents; cheaPeneu NJ W
cutting two the measure OF value ior we naye
the same Of value we had then. bu, cheap reap
ened by the great law Of cheaper m ho,sh,
t o'day " FOR s. cents The suit OF clothes that you
had 10 pay 2i for can today a ee ben can be-
bought today for 81 % reaper which then cost
'rnls simnly shows that the articles which are af-
feced in ihsr production by the mproyyement,s IN
mae an acconnt OF less hand work which
into their production. Silver has been cheapened d N
Aluminium and every other leading commercial ar
tcie.
HARVEY GETS SOME APPLAUSE
Mr.. uarvey-Mr. Horn insists his human toll
unit but oy that system he leaves that human toll
with no unit to purchase what they must have
He throws that into the argument occasionally ana
don't want It to deceive any one You may
cheapen thing with reference to the time required
to produce IT, but the man that hands the ma
"a holl linn in No as respectable citizen in the
mnny wherein d1ss 'SMq r Horr has been giving
YOU an Illustration Of the gold standard by the fali
am very much obliged to Mr. Horn for that long
list he went through. but there was one kind OF
Property that Mr Horr did not mention. 1t is prop.
property in the word-that properly : money ol !.
this sophistry Price Is a relative term. We have
ci'ss OF men tha, own this kind Of property that lat
this decline In the prices in that long list tina, MI
IIorr read, They 90 forth into the market with
he market with your property with your tin buck
els your respers your dozens OF other things you
haif az much money YOU bought with them In
SAVINGS OF THE FARMERS.
Mr. Horr In the June North American Review
Mr. Muhan says that the average yearly ac-
cuinula,ion OF the agricultural workers per cap
tia % the United states for the decade ls5 to
100 81 a. each; for the decade 1870 1857 si 10
per capita and FOR the decade 1881 10 1890 81 % per
ariia Here is an lby on the par, OF me de,e
nearly three times a. sre5; a. IN tn Ssea az 10 e
the silver legislation OF lsI3 The savings Oh ,ne h
twD decades ar" substantially me same,
that prices must have been practically uhcha.sxi,
my sHres Tog4 paIaf i iP ina sgh SsS ac
to which Mr. Muhall alludcs is that the SAVING
how nearly three lines what It was in Mr.. Har-
icy's golden the decade before 80. 's na .
your friends at al. Il IS only when they are Sois
s you ce Sad APDa"s9 a o s ia%s"t tha
prices had been reduced in his former speech, ana
IN ,'riee ard he now tries take the other track
and say they have not been. lie does Hot W !.
cssrrv water on both shoulders with the AMERICAN
people for the next I" Year. ,AiAppiI ,b,t We
ih'l ' increasSl in wea:th. Melody disputes thai,
Sow does @r Gs not rue hat the owners OF
money and securities are exchanging their prop,
wc2l,h Mr. Uorr The United states has not only
been workshop In producing T,a IN. g Snen prS.
ducng wealth but have TIE men who roeS e en.
INV last Statement and CAV" you the causes ior II.
Mr IorrI desire TO say tnas IN my ssa attempt
60 ."o" r r, Blessing 20 the world and neces-
Jy d., mn ~ civiilzation as railroads and ma.
chncry ard any other modern inp' nho, H., !,
has blessed the t9lilng millions bu' s"''' ~ II
~a,, 10 cali attention 70 the question Brother
Harvey. YOU asked me because YOU might thn a,,i
sighted YOU II paid attent IN 10 II, W." an
read Il again. NIL understand n s orlGs
production " silver for the world shows the wo, S
nroirrtion in 1860 TO have been oSoV,l ana ,JI'
the production increased each year o t !" Here
twelve years later. when 1t was so.',,1ivo cara
vas increase Of 81 per esn a not IN 'H Ss
No% yon ar, ar" pr sn OF T sv s And
answer will call your attention 20 ne "a ner
cent pcr cent less than the previous twelve Years;
during which time the price Oi SILVER ma" '"'''" "
per cent.
MIR. HORR's ANSWER READY
Now he wants me 10 answer that question he'f
I, IL. The reason why silver did not fall more DE-
bpell q
demand for II IN the orient. MuhaH page SVl
gives the Imports to India alone from i''o 10 I''
as 100000 90 while from 1870 to 1917 she loon o''s
se5O 80 coo The entire production OF silver from
1850 to 1870 was s5coVCOU and was utterly aoso'oeu
by India alone while the production srv. The
1850 was xg5 90 600 more than lndit aosoiue" az,
difficulty is that silver IKE evsrytn fn s use /,
fectcd in Its price by the demanr iv Rat oeope
may have been affected 10y the iaSt tnst we are
have ceased 70 hoard 1t In d pSooI com not y wanting
thing don't take IT, that's al. IL II no, 49, a.
an n ennrmo,siv Increased amount used as money
| will not stop show the exact n ,s11 o'
YER th,t has been absorbed into use as money Is
something like $3omeo so wneh IL, ,an %, 10
face Of the earh-uness he gives a definition 70
demonetzed that is rot y the rnt.ed fres
onngs and consequently ceased to be the measure
value IN all the cy ye as NONE OF wa as' NOT de-
creased by that legislation and Mr. Harvey VIII not
claim that
Mr. Iiorr~Well then. do you claim Il in the
face Of the facta OF history? We have
rancl since the characterization act of 1873
over S0noco0N II my memory serves me
RIGHT i'm this country. or have II in the FORM
Of bullion in the Treasury, which We have taken
from the markets OF the world ana PAID Tor III
cash There is no doubt about H. Now submit TO
tho people ot the United states that have SHOWN
beyond an question that the farm products OF the
country have not suffered. my friend claims, AT
all lie knows IT, II he has looked II up as nave
lie saws in one minute am claiming that produc-
lions are high and in tho next tnat they are low
| Nell | don't know that can make MIN understanu
| H. but think the majority OF this audience VIII
understand H.
| THE LAST STAND OF FREEMEN"