The representative. [volume] (St. Paul, Minn.) 1893-1901, 1895-08-28

produced by the United States throwing
open its minis to silver and comforting
upon that metal the full functions of
money when shall reach it directly"
DEBTS OF THE COMMON PEOPLE.
Mr.. Horr-"Before refer to what was
talking about before I want to call Mr.
Harvey's attention to the ridiculous non
sense of his comparing size as having
something to do with value. His cube
business-that may deceive a little boy,
but it never would deceive a full-grown
man. Indeed a man who has ever thought
on the subject would never use such a
comparison. l state it deliberately, the
amount Of gold in the world all put into
cube hasn't anything to do with how
much it IS worth. You could not get the
cotton into fifty times or 500, 900 times the
same space. Cotton isn't any more avail
able on that account. You are trying to
make comparison, a trouble that seems
constitutional with you, of comparing
things that are not alike with each other,
and when man does that he is always in
the wrong. just simply give it out as a
| hint to you to improve yourself on after
the debate is over. (Applause.)
II was just saying that the bulk of the
debts of the present day are of recent
origin. Very largely the debts of the COM
mon people are less than one year DID,
The debts which have been contracted. a
long time ago and which run for a series
| of years, as rule, all of them the debts
of rich corporations. They are long
bonded debts, and the most of them are
made today payable in gold and the leg
islat;on he is talking about will in no way
affect those debts. The debts we are
talking about are the debts owed by the
common people of the United States 1t is
| the business of the present that we want
to examine into here today.
"Now there is no disgusting the issue
between us; it is simply this: Can we
benefit the people of this republic now by
making dollar mean about half as much
as it now means? Can we benefit them
by making it seem any considerable
amount less than it now is by making it
actually less in value? We may disguise
it as much as we will, the free coinage Of
| silver on a ratio of 16 to 1 means silver
monometallism. Ut means that the bus.
ness of this country shall be done with
| silver alone and that the gold coinage of
| this world shall disappear from the money
of this nation. Nobody doubts that; that
is, l don't think there is a man in the
| United States that will dispute that propo-
| sition for moment that the first result
of such law Will be to drive the gold out
of THIS country. Now, where will we
| land? 1 don't care whether he admits it
| or not, it doesn't make any difference to
| me, know we will be as free from the use
of gold as Mexico is, as China is. Neither
of them use dollar OF gold as coin money;
but they buy it and sell it in both coun
tres at a large premium, and we will do
%Lo@ Nv
| Harvey's law. Hence the question is a
vital one Who will be injured and who
will be benefited by scaling down all debts
by making our measure of value cheaper?
| 1t is the old question: very Old one.
"Can you bless a people by clipping
| the coins? They used to think we could
| Monarchs used to indulge in it. Men
way back in early days had the idea that
by clipping coin as long as they could
call it by the same name and have it
| pass they injured no one 1t took ages Of
| business sense to drive the people of the
world out of that notion, until they have
| finally come to understand that there is
nothing you must watch move carefully
| than to have honesty in your money
have the dollar just what it claims to be-
Such efforts have always ended, and al
| ways will end in robbing the mass of
| tAC PCOpIC. WuCuCFOl yOu SIolI6C CuC
value of money by any device which
cheapens the unit of measure and lessons
the price of the coin in use and compel
people to take it at the old price, then you
| rob the common people of any nation
and the profit has usually gone into the
pockets not of money-lenders, but of
| money-changers. That is the history Of
| the world. Now l come to the practical
question:: Who in the United States will
be benefited by giving them cheap dol
lars for the good ones they now receive?
l first say our census arranges the toll
ers of the American people under differ
emit subdivisions. The first heading
| find here is professional men-lawyers
doctors, preachers, editors, publishers of
books, men who toll at any kind of pub
lie work. Musicians, teachers-will you
call them on to the stand, Mr.. Harvey
ask them what they have to give to the
world to show why they should have a
| right to live in it?
| Mr.. Harvey-'Mr. HOrr, the people of
| this country have common sense, and
when they see that all the gold in the
| world available for money can go into
| % feet of space you have given them the
best argument in the world to show that
| the Rothschilds can corner it in their
bank vaults. (Applause) If the people
of this country will only rest their cause
always upon common sense principles
and let this sophistry that is fed us from
the other side alone, our liberties are
| safe. He talks about clipped coins. Who
clipped the coins in 1873? (Applause.)
Who started the world upon the robber
measure of values of 1878? (Applause.)
And now the very men who have de
stroyed the value of your property, con-
fiscated your property, robbed you of
your rights, including happiness ITSELF
row turn around to you and talk about
clipping coins. (Applause.) Mr.. Horn
you have in your pocket as gift from
ne an honest dollar. (Applause) A
sound dollar. Take it from the great
people of the West as a message to the
people of the East of what our interpre-
tation is Of good, sound an honest dol
lar. (Applause) 1t is that dollar that
we want recoined again as primary
money of the country, and not clipped
| coin.
GOLD OBLIGATIONS WILL BE PAID
IN GOLD.
II want to speak now of this: There is
| great concern among some of our citi-
zens hiatt if free coinage of silver is adop-
ted those holding gold obligations will
be paid in silver, also that gold will leave
us, and debtor who owes gold will not
be able to get it without paying high
i