The representative. [volume] (St. Paul, Minn.) 1893-1901, 1895-08-14

loss Of free press. and lastly you will
be intimidated until you become virtually
| slaves, as they have become already in
Europe. (Applause.) We are today re-
peating the history of the money chang
ers of 1000 years ago. and the true Sc
| cret OF 1t all is that you worship money;
that you worship god here on earth
that to you is more sacred than the rights
| of humanity. Applause)
THAT workingmen are out of employ
ment, that 300 men in Coal Valley, ILL.,,
have offered to bind themselves in slav-
cry for a living in the last few days, does
| not excite your compassion for a moment.
What does? The mad pursuit for money.
IT you can only say that you are worth
| 81, 000,0 600 you regard 1t as of more benefit
to you than If you say that you had CIV
en- prosperity to 1000 men who are now
tramping your streets without a place
to find employment. And with this wor-
Shipping of money has come another form
of selfishness of vanity. Those who are
deceiving us are but the willing tools of
this other selfish power, and the form
| that their selfishness takes is vanity
They would rather see their picture in a
newspaper and be lauded than to do a
good deed. And in their desire for office
where they can satisfy their vanity they
are willing to bow their heads in submits
sion to the moneyed power. that influence
which supplies the campaign fund and
Tic power WHICH tney recognize Will put
them in Office" Nong-continued ap-
plause.)
This ended the debate for the day, and
at the request Of Mr.. Horn it would not be
resumed until Saturday morning.
The usual number of questions were
propounded by the audience to each
speaker, finding little response from Mr..
Horn, who seemed to be exhausted. In
reply to question Of James H. Daskin.
Of Jacksonville, Ill.,, with reference to
the plank in Metropolitan national plat
form of 1892 wherein it is declared that
Both gold and silver should be the
standard money" and asks Horn, us sill
YER standard money today? If not, are
you In favor of making it SO? Or do you
favor the elimination from the Republi-
can platform of 1896 the words standard
money as applied to silver?"
Horn replied: II desire to say that 1t is
doubtful whether this illustrates in any
way the discussion we are discussing. 1t
IS question simply asked by a politician
Tor political purposes and 1 don't think
comes properly into this debate. I will
answer this friend by telling him that he
has not quoted the platform correctly.
He has taken out one clause without CIV
ing the whole of the resolution. The
platform says that the party favor the
use of both metals, keeping all of equal
value with each other. Should be in the
next Republican convention should en-
deavor to have plank that would not
vary a hair from the principles that I
have been announcing here and I serve
notice on my friend who wrote the ques-
ton that we will have a platform that
will win too. (Applause.)
Mr. Harvey-"Question by S. A. Robin
son, of New York: You have stated that
we owe England on private and public
bonds $4,000, 000, 900. Please inform the
people when we received the S., 600. 900. oOO.'
Il stated in Coins Financial School, in
the last chapter, that we owed England
or Europe, I don't know which, but we
Will say England, about $1,000, 900, 900. Mr..
Robinson wants to know when we re-
ceived it. will tell him. We have float
ed in this country in national, state, mu-
nicipal and corporate bonds $40, 200, 600, 900.
Now, claim that at least IS, 900, 000, 900 of
that. or one-Quarter of it, is held among
the money-lenders of Europe, principally
In England. There is probably more than
that held among them. There is no def
mite way for getting at it. The Chicago
Tribune estimated 1t recently at a little
over half that, but the Tribune was try
Ing to make 1t as small as possible. did
not try to make it as large as possible. I
will tell you now, in the short space I
have of 300 words, without the other data
here that might use how you can figure
that
~ he man who loans you money in New
York we know as a fact is following a
system Of rehypothecating that loan in
Europe. They will take your bond here,
the broker will, he resells it in New York,
then New York or London. Recently we
know it is impossible almost to place a
bond in our own country. The United
States bonds have had to be floated in
Europe. The 100000 Chicago bonds the
other day had to be floated in London,
and express messengers left here with the
bonds for London. Now during the last
20 years our railroad bonds which alone
are $4,000, 900 and a part of this other
SIS, 000, 100000 that Is a part of all of it,
and very large part Of it, has been float
ed in England during the last twenty
years; and If I had longer to answer,
and I may tomorrow give you the data on
this subject-and we are paying interest
on those bonds"
CONTINUED NEXT WEEK.