People's voice. [volume] (Wellington, Sumner County, Kansas) 1890-1917, 1895-08-01

vi Jue MOIlu' khpplduSe'I
The answering of questions occu-
pied much Of the remainder of the
day, the debate finally being adjourn
ed at Mr.. Horr's request till Satur-
day at p. m.
Chicago, July 27.-When the last
debate, but one, of the Haryey-Horr
silver convention opened this after
noon, Mr. HOrr began with COMPARE
son of the wages and the cost of prod
uctS during the years from 1860 to 1890
as shown in the table prepared by
Statistlcian Carroll D. Wright. With
wages and prices in 1860 taken as an
index, or 100, it showed that in 1896
prices were 80, wages 159, and the
purchasing power of wages l72. He
argued that at no time in the history
of the nation was the country as pros
porous as it was then, in spite of the
crime Of1S73." He submitted that
these statistics were more applicable
to the conditions under discussion
than those Of Mr.. Sauerbeck, quoted
by Mr.. Harvey on Thursday, as Mr.
Sauerbeck's figures were made from
prices in England.
Mr.. Harvey, in turn took up the
prices of wheat for a series of years,
in reply to Mr.. Horr's statement
Thursday that the farmer received as
much for his produce in gold as he re-
ceived before silver was demonetized
He quoted the prices from year tC
year and declared that the arguments
OF MIR. HOrr were those which had
been used in all time to bulwark ty'
ranny. The Declaration Of indie.
pendence was the proper answer tC
such arguments. The proper index
Of prices was to measure them in arti
cles Of international use. Tables
made up by gold men even, on these
articles, showed that they were lower
than in 1850. Referring to Mr.. Horr's
argument touching the measure Of
value in human toll, he quoted from
an article by Mr.. Horn in a New
York paper in reply to correspond
ent suggesting the making of so much
work the equivalent Of dollar. Mr.
HOrr declared the proposition absurd
and confusing.
Mr.. Harvey denied Mr.. Horr's as
sertiOn that falling prices were the
results of improved facilities. ut is
the supply produced and the demand
for it that regulates the price of such
products. Suppose a widow owning a
farm receives the voluntary assist.
anse Of her neighbOrs to raise and
harvest her wheat crop. Will the
wheat be worth any less than the
price fixed by the quantity Of wheat
in existence known to the traders anG
the estimated demand for it? If al
the corn crop in the United States
were destroyed except the crop IL
Iowa, would the Iowa corn price b.
governed by the cost of production
or the relative supply and demand
for corn? The cost of the produc
has nothing to do with it. A mai
may produce an ounce Of gold for tel
cents that is worth $40 The fac
that it cost ten cents does not make /
worth less than $40.
Mr.. HOrr: Mr.. Harvey is mysti
fed because he takes it for granite,
that the business OF a country entire
ly depends upon the amount per CAP
! ita Of the circulating medium. H
insists that if you shrink that yo
ruin the business OF the country
There are large number of men VIII
) believe that doctrine, but no mCr
! transparent humbug was ever laugh
the people Of this or any other cour
; try.
"Money is a plethora in this cour
; try today. There are hundreds O
: millions of dollars lying idle today be
l cause there is nobody to use it. Di
you know that? Why my friend Ha
vey and all of you men who thin