The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1895-07-18
G, c, BENGENER { BRO

Mr.. Horr: 81 submit that if my friend
had studied the scriptures little more
carefully when he was looking for the
motto which shall take up next, he will
have somewhere stated that a man is not
permitted to bear false witness against
his neighbor. He says that he put into
their mouths the word they themselves
would have uttered. 1 have had that
done for me so many times that | know
what it means.
"But now l come to the motto of the
book: 4 thank Thee, oh, Father, Lord
of Heaven and of Earth Because Thou
hast hid these Things from the Wise and
Prudent and hast Revealed them unto
Babes Does my friend desire to init
mate that the kind of finance he teaches
is something that babes understand but
people who know anything will be unable
to comprehend" Naughter.)
| Mr.. Harvey: "NIr. Horr misinterprets
the meaning of that verse. The word
babes should be interpreted to mean
persons of unselfshness. That is used
in the Bible, and means that the pure
mind and unselfsh can see more clearly
those things which the impure mind can
not see or understand"
| Mr.. Horr: Gentlemen, | merely call
his attention to the use of the scripture,
| WllCH ne ulOW lully tAplulIS NY say ihS
that the passage does not mean what it
says that the word which is translated
babes really means honest, disinterested
persons.
81 desire to say that that motto is not
susceptible of the explanation which he
now makes of it. The motto was intend
ed to illustrate the fact that q boy-a
child even like this young fellow who
taught finance in his book-could distin-
guish the difference between right and
wrong, and be the first to learn to live
pure life. But | submit that that motto
does not give an excuse for boy, because
he is in knee breeches, to stop telling the
truth. 1t does not give the boy any right
to misrepresent facts"
AT this point the contestants discussed
at some length the question of THE defini-
ton of early Legislation.
Mr.. Horr: SIN 1850 congress passed
the following resolution. | quote from the
exact language of that resolution:
"'On the question THAT the money unit
of the United States shall be one dollar
the yeas and nays being requested, by
Mr.. Howell, every membeI answered yea,
so it was resolved that the money unit of
the United States be one dollar.
"That the coin shall be copper, 200
pieces of which pass for one dollar. That
was the first taken by the American con-
i gress; they fixed the unit first; that is the
name of the thing that shall be used as
the unit of value, deciding that it shall
be called one dollar, and the smallest shall
be n half cent piece, and that it should
take 200 of them to make dollar. That
was the first effort of the new govern
ment to establish n money system. That
is all the law there has been on the sub
ject and all that has ever been said about
| "a "a \ Go VVn had
first the money of the copper, no doubt
about it,
"NOw comes the next important legis-
, lation on this subject. Resolved, That
the standards of the United States Tor
, gold and silver shall be eleven parts fine
and one part alloy.
"Orginally that was the weight OF
alloy in all coins in the. United States;
! afterwards we reduced the alloy so fhat
it was one part in ten"
Mr., Harvey: "As to what Mr. Horr
; | SAYS about copper used as money during
. the continental days preceding the adop-
. tion of the constitution, il is trivial to be
: used in this argument. At the time our
legislation was framed the details gov
erning the concurrent coinage OF the Two
metals in our financial system was under
/ discussion in committees and between
statesmen of that period, so while these
{ details were left to congress for adoption
by legislation, a bimetallic system was
nroyided for in the constitution. Section
+ l. article 8, says congress shall have pow
er to coin money, regulate the value there
E of and Of foreign coins. Section ~ says
mo State shall coin money or make any
thing but gold and silver q legal tenuer 'n
, payment of debts
t "It saws gold and silver (applause), mol
gold or silver. (Applause) , e..
'9rhis is the constitution. Inc STATE
Y surrendered TO congress the right to com
money. but expressly retained the rgh'
. to fhe use of silver and gold as money
4 neither as token money, one representing
\ the other. as silver is now com represeiitt :
a ling gold. but both as money in their rlght
aCongress in good faith with States
, Ibos no more right to demonetlze one ol
= these metals than it has to demonetlze
roth of them without the consent OF INT
States. (Applause) z4,t,.t;or
4 WThe men who formed this constitution
n then proceeded to give it the construcuvi 'u
= intended they gave to both metals eqaa esl
dollar of silver and the value OF goiu .
e be measured by silver, but they gave DOL x,,
! ,,,otals free and unlimited coinage: w
L wore oiyen full and unlimited use III TN
!: no vment of debts. There was no dlscrfnl
q pat;on made between the two metals, eA
y cent that the standard OF value was W ~
n s;de in silver and that gold, coin was a, Z
be value Of so many silver d9llars t5e !. = me, se
, exact language of the statute d oa Une cav nj {
rbo framed the constitution ana gaVs !
thn Mno Construction it should have. DAME
S Webster isee Congressional Globe aPpseani Pgsa ~
0 d;y 5G $40 TO $50. December Il, lolo,
: oaid. Gold and silver is the money y
the constitution. (ApplauseD Ihe coh h
s sfitutional standard OF yalue - rro ever
ished and can not be oyerturhedic; a1 s1stem fem
!, turn ii would shake the weoiea ena sys,e Sy con
gold and silver at the ni ra[eS Standard o.
ress constitute eo6DtrT tine legnn and neither con
q value IN eIlS anS State has any authority e
gressS nor amy amy other or to dispose of it.
4 Laughter)