The pioneer express. [volume] (Pembina, Dakota [N.D.]) 1883-1928, 1895-08-16
PEalB1NA PElBINA COUNTY. nj DAKoT1

and direct that ali silver seeking the mlnts
~ colned Into 60-cent pieces and less be-
cause OF tie scarcity Of small MONEY!, ~
stated ID the s.School," but virtually fe.
ceded from this claim. on page Ia The
expectation Of silver dollars was not ON &C.
count Of premium on silver over gold.
but because our silver dollars circulated
~ money In other nations where their
familiarity with the dollar would cause It
to do %, whereas they were not familiar
with our fractional coins, and thus the
latter moro readily stayed with u.s.
Mr.. Horr said that when gold or silver
was the unit the quantity In dollar could
dollar. more or less than itself. and criti.
cixed my statement In the School that
It could be worth more. passed It ut
the time a. did many other things that
had no substantial bearing on the subject
under discussion. I refer him now to re.
cent market quotations In New York, when
gold bullion was selling at small
premium, which was accounted for ut the
time by purchases made BY gold syn
dicate to prevent gold from seeking tho
mints. also refer him to the silver unit
] gave him. the old coin dealers quotation
on which ID ~.
Mr.. Horr's frequent references to q
change In the ratio prior to the formation
OF this government 10 answered by this:
money. but to make more money. In no
instance is It known thnt silver was dis.
turbed BY increasing the size Of the coins.
Theee changes were made In the gold coins
and were made, to make more money.
When these changes were made In the legal
ratio the commercial ratio soon conformetl
to the legal ratio.
II Mr.. Horr had followed me In the
logical arrangement Of the debate as In.
dicated.by the book we were discussing I
would have been enabled to furnish data
more fully and justifylng points In the
.'school" attacked By him. Aud I bad so
intended. but after tho discussion OF the
crime Of 1873 he seemed to wholly abandon
the regular order Of debate and went to all
parts OF the "SchoOl." and at one time
went to another book I had written, "Up
to Date" and hurled propositions at mo
that were clearly out Of the regular order
Of the debate. This required me to use few
words In the many brief answers that I
made to him. did 30 because did not
want his statements to go wholly un.
answered at that time and risk losing On
opportunity to answer him fully. would,
however, have answered all of them fully,
as did some Of them afterwards, II he
had let them come In their proper order
Regarding Debts.
One Of these topics was debts. The pub
! can only say now that 1t is admitted by
the other side that our long-timcd debate,
Including national, state. municipal, cor.
porate, and including farm and home mort.
cages, amount In round figures to go, ,OOO,-
100000. It Is also admitted that this docs
not Include current business accounts and
notes. nor the enormous sum that hangs
over the army of debtors who have gone
out Of business since the repeal Of tho last
bankrupt law, and that may still be within
tho statute Of limitations. Neither does It
include debts due from Individual to indl-
viduals that arc not on record and cannot
be classed as debts coming under the head
Of business or traders debts. Nor docs 1t
Include debts coming under the following
heads: Pawnbrokers, chattcl mortgages,
partial payment sales. maritime debts, over
drafts. Judgments and taxes
II had had time In the debate I would
have justiaed by detail and with authorities
the $40 O.O00. ! 600 at which had estimated
the aggregate Indebtedness Of the pcopc Of
the United States.
Labor Saving Inventions
would lessen the necessary toll of men, and
wasia promise Of day to come when,
with little labor, all would be provided for
and humanity as a whole would be benc.
fted.- Has 1t had that result? All will an.
swer that 1t has not. The lines Of demarka-
tion between the rich aud tho poor are
Of people who devote all their time to a
struggle for existence Is greater now than
at any time known to modern history.
This will not be denied by any but the
selfish few whose wants. being supplied,
know nothing Of the wants Of othcrs.
We are sufficiently advanced now In this
respect to provide all the people Of tho
world with the comforts Of life by one
hours work each day by each individual,
while the remaining hours not devoted to
sleep would be used In the promotion of
human happiness aud the advancement of
new era Is blocked by defect In our civil
1ation should be admitted by all.
A Commercial Age,
Of human skill and ingenuity a-c made TO
promote the personal ends OF MEN or com.
binations Of men. Such an age promotes
sellslIees In all things. 1t follows that It
Is not only lawful but desirable to monop.
olizc to ones self property Of my and all
kind, no matter how unnecessary 1t may
be IN promoting the real comforts Of tho
It Ii held In utter dlsregard to the dlscom:
Torture or wants of others. To own farm
which one, wltlp reasonable assistance, can
til and bcautify. make grind ard refined
with the work Of genius. is the civil tlOn
Of humanity. 10 own thousands Of acres.
MS does Lord Scully In this state, Inhabited
by tenants whose labor supports HIN In
riotOus living is a law born OF property In
telests and rot Of humanity.
II this ern Of selasliness that mnde It
possible Tor selfish men, wise In their own
lntcrf ut, to dGmonctize silver and Increase
the value Of their holdings, MS measured In
other peoples property. And, us money Is
u thing every ono must have. dealers In
money rave thus been enabled to mortgage
the producers of the world to them, which,
by Its own self-operation. will bring on
crisis. II the people will act unselfisllly in.
teliigent In this crisis we will learn secrets
In the science OF civilization heretofore
hidden from us TINT will result Ia the da wn
II new era In the history of the world,
and the passing from the present crude
md commercial age into q newer aud
brighter civilization beyond.