The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-07-23
POST prosperous country in which its
lSvoIkHnen were best paid.
Comparative Terms.

SublSldIHceS. II gold dollar is worth
more than a silver dollar, some costly
substance might be found with which
10 make dollars. He said ne did not
propose to allow Mr.. Ho-r to pose as
the friend of the laboring man. The
gold men had thrown some four mil
lions of workingmen out Of employ
ment and mad put some Of them in
prison because they objected to hav-
ing their wages decreased.
Mr.. Harvey promised at the proper
time to show the logical relation or
the gold basis to the wOrkingmen.
Mr. Rorr said it was in 1879 that
we resumed specie payment and the
only money of final redemption was
gold He asked was distress abroad
IL the land from that on? The fact
is the years from 1879 to 1892 tound
people better employed and at better
wages than in any other same num-
her If wears since this government
was formed. (Applause) -Four mil
lions Of men today out OF employ
ment? Where did you get your
Mr.. Haryey-I said from two to four
millions. .,,o 49,.
Mr. Horr-Two to four millions? -Four
Yn5lIons is out q the question Two
millions is just about as bad. There
As not any truth in either statement.
As TO Prosperity.
Mr. Haryev-As to the prosperity OF
this country between 1879 and 1897 you
could not break down a great nauoll
IKE this In one year. 1t has taken
short period to bring US to the pIIter
cup of disappointment and dlsrresS 1
know that every four years the polltl-
cal parties have charged each ouner
with having destroyed the prosperity
of the previous four years. (AppIduse.)
Continuing, Mr.. Harvey asked MI:
V
the country from 1873 to 1893. Inc
word tramp was coined in 1873 ana
the Uniter States census shows that
depression has been increasing et d
observation-disclosures ratio. 50 mas Qhe
number of penibensary conV7cts, per-
sons confined IN almshouseS, insane
aszvIsIms and Of suicides. The prosper
sty that has built up mtflionafTNes and
OBSERVATION-DISCLOSURES and strewed TINS
country with millions Of tramps ana
paupers and men that do not know
Ghow they are going to provide for their
families in the coming year. TAP
plause) A change in relative produc-
tion had no effect as long as the mlnts
were open to the coinage Of the TWO
metals. (Applause)
az Never Said 1T"
Mr.. Horr-I have never said that the
cheap price of silver was not on &C
count Of Its overproduction. SIlverlhas
become cheap I'M this world just pre-
ciSely the same as wheat or iron ana
zinc, lead and other articles have been
cheapened. Just precisely for the same |
reason. (ApplauSe) All of these aITu-
cles have been cheapened by the lsat-
ural laws which govern the production |
of every substance known to the pro- |
ducers of the world.
Mr.. W. D. Wilcox, of Chicago-How |
about gold?
Mr.. Horr-Gold the same. am glad |
you asked me. Gold deprecated IN
value in less than 100 years 50 per cent.
1t is cheaper now than 1t was In 1873.
All articles that can be produced by
inventions are cheaper than they were
before the invention was made. Every
man who brings machinery into play
and puts less human toll into their
production cheapens the article. The
whole trend of civilization is to
cheaper human products, gold as well
as silver and wheat. A large number
of the articles today produced in the
world have not been decreased IN
value et all by the decentralization of
silver, but simply because the laws of
production have crowded down the
price. l can get today twice as much
gold for a days work following the
pillow as 1 did in 1849. The people of
this country are paid in gold for their
work; SO they were in 1860 Wages are
20 per cent higher paid in gold for the
same amount Of work than in 1860.
Has not gold deprecated, then, when
you measure it with the great com
modify of human toll? What I find
fault with is that the silver men in
this article of labor and the article of
labor is the greatest article known in
the civilized world. Cut down the pay
of labor and you partly so the entire
business of any nation. The men who
do the work, especially in a republic
like ours, are the men who consume.
Mr.. Harvey-Mr Horn says that
has cheapened including
gold To say that gold and produce
cheaper simultaneously is a. fat con-
tradactiom You buy gold by eXchang-
ing other products for it. When 1T
takes more property to buy gold than
formerly, gold has risen. Instead of
becoming cheaper gold has become
dearer and yet Mr.. HCrr'S soplhiStry
reasons that it has become cheaper.
He says to the 1aboring man: You can
buy mora with "a gold dollar than you
ever could and then turns 70 you and
says that gOld is growing cheaper all
the time.
Mr.. HoTu-This question is put to me
by Mr.. John J. NcGrath, treasurer of
the BrickFayers' and StonemaSons'
union OF Chicago. Is Mr.. McGrath !
here? do not know that l quite I'M !
derstand his question, but I will read
Il: why is ut that the workmen'S OPP
portNnity does not keep pace with his ;
Increased productiveness-if ne pro-
duceS five times What he did twenty
years ago he ought to get five times
The gay? In other words, what right
has the dollar that it's value purchas-
ng power should be increased there
by?a
/ do not understand the last line.
the import, however, of
lhe general question. The trouble with Y
that question is that Mr.. AIcGrath as {
5umes two or three things that may '
not be true. |
why: oh, Why. :
"Why is it that the workingmen's
opportunity does not keep pace with [
MS increasing productiveness? ?"
] did not know but what it did. I
IF he produce five times what he did L
wenty years ago-well. 1 do not know
rs he does DO you lay five times as
many bricks as you used to lay thirty =
Fears ago? Can a. man do that? 1t is !
fair question. did not know as you =
,ould d. that
Mr.. Iiarvey-Did you state in your =
the other day that the pro- =
'Ucuvegres had increased something
Ike five times as much?