Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1895-07-27

prosperity between 1879 and 1892, that
it was impossible to break down great
nation like this in one year. Don't, in
this debate said he, ''refer to the
prosperity of this country from 1878 to
1896" A prosperity which, he said, had
built up multi-millionaires and filed
the country with millions of tramps
and paupers,
copyright 1895, by Azel f. Hatch.l
CHICAGO, July 24.-No evidence of
fatigue or lack of breath was apparent
in either of the principals in the Horr-
Harvey debate when time was called
for the sixth round yesterday. Mr..
Harvey led with vindication of the
Importance of the debate, which, he
said, rested upon five historical reasons:
First-For two hundred years prior
to the demonetization of silver in 1873
silver was seeking the mints of the
world for coinage into money.
Second-For two hundred years prior
to 1873 there was no variation between
the commercial and the legal ratio OF
fifteen and half to 1. During the
twenty-five years since 1878, however,
bllC bNo poi eSOo "AoSAJ
and gone from fifteen and a half to one
to about 80 to 1.
Third-For 33s years prior to 1878 the
quality ratio between silver and gold
ranged from fifty-six of silver to one OF
gold to four of silver to one of gold,
but Notwithstanding this wide varia-
ton the commercial ratio has clung
tenaciously to the legal ratio.
Fourth-The price of silver in the
London market, as measured in gold
up to 1878, was practically steady, while
since that date silver had declined from
sixty pence per ounce to 2S.7 pence per
| ounce.
Fifth-That this violent fuctuation
in the price of silver has been going on
ever since it's decentralization and is go
ing on to-day.
Mr. Horr did not reply directly to hi,
opponent, but took up Harvey's state
ment of Monday, that but one error
had been found in his work, saying
that there were myriads Of mistakes
not in express statements of facts, but
by false implication, which any man o.
sense would repudiate on sight.
At this point Mr.. Horr created somt
derision at the expense of Mr.. Harvey
by saying that he did not deny that hi,
opponent believed all he had written
AS matter of fact, it was impossible
for him to tell what man in Mr.. Har
vey's state of mind might be capable
of believing. The statement in Coin
Financial School that every ounce o
silver produced up to the present TIM
had cost the producer two dollars al
ounce was secuted by Mr.. Horr. If th
mine owners had been producing silve
at this cost and selling it, as they hat
been doing, at from $1.20 to $1.57 al
ounce they had lost by the transaction
during the past three years some 1886,
900, 900.
The next point of attack was thu
statement on page So of Harvey's bool
that the people of this country are an
nually paying to England 100000, 90
in interest on national and privat
bonds. Mr.. Horr denied this propos
ton fatty and challenged any one t
: produce evidence that the indebtedness
of the people of this country to all tn
! nations of Europe involved anythin
, like such an amount of interest.
Harvey then took his opponent t
task for skipping about the book t
: find substance for his remarks instea
of confning himself to the regular ol
der of proceedings as agreed upon an
said that he would not be diverted frol
, his original plan by such tactics.
: 1.-The right to make a contract t
} be liquidated in any specific propert
, should not apply to money" said Nj
: Harvey. "All such contracts, whe
E made payable in money, should call fc
> lawful money. To permit raid
be made upon either gold or silver is
permit individuals or combinations {
t combinations of men to dictate to tt
e government what should be leg;
Y money. Making money is an act I
Y sovereignty for the common good an
e to allow it to be corrupted would be
S permit that which would defeat the o
r ject intended. The government is IL
J. creator of money and the create
7 should regulate that which it creates
Mr.. Horr-The answer in your boo
: of hodge-podge and errors that IL
+ government can create demand for
d commodity, has misled thousands
e honest and unthinking people. N
e friend here, DIR. Robinson, says it
:. using a seeming truth to lie wit
d which is the most crafty and dangero1
d kind of false statement. You used {
"a t;oY, 70 that f,aa nnina