The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-08-18
No Further Use for Coin Harvey.

Prior to the formal opening OF the Pres-
dental campaign OF 1896, it was generally
agreed among political observers that
Coins Financial School," volume OF
which W. H. HARVEY was the author, would
certainly be the t-book OF the Democrats,
il BLAND, BRYAN or TILLMAN were nomi-
mated at Chicago. Corn was a manor,
more properly speaking. a boy, adolescent
in years and Juvenile in arguments-who
had constituted himself the voluble
pioneer OF new system OF finance.
It's full benefits were to be at
tained by statutory provisions to be
adopted by Congress, whereby one dol
lar would be made worth fifty cents and
fifty cents would have the purchasing
power OF dollar. The feasibility Of this
plan was disclosed in q serious OF fictitious
lectures given by Professor COM"
young financier living in Chicago" to
various bankers manufacturers and bust
ness men, one Of whom was Mr.. LYMAN J.
GAGE, now the Secretary OF the Treasury.
CONS textbook OF free silver at the ratio OF
1 8 to was embellshed with illustrations,
one Of which depicted the financial mag
mates Of the United States as having
wheels in their heads. This is sample of
CONS argument:
Mr.. f.. II. WHEELER wanted to know Of Professor
Com II he did not believe 1t would advance prices il
the Government was to issue $500 900 600 in green.
bachs3
NO replied Com. 1T would break down the
present tottoring financial system sooner. The
remedy to restore prices 10 to remonetze silver and
then issue more Rreenbacks By putting silver back
in the column of redemption money. We would in
1t from its present volume Of 5000 600 900 to
81 200 900. 900. This would warrant 81 200 900 900
| Of credit money and would give 81. 40o. 900 900
| on q sound financial footing. or about S84 head
As CoIS made this last statement he laid his hand
| on n silver bell tho table. and its clear notes
rang through the room. signal that the school had
adjourned for the day. warm and hearty applause
| went up
The youthful Com dealt in large figures,
an item OF a billion dollars being OF no i'm
portance to him. Millions were like corks
floating on the stream OF his expansive
thought.
Com flourlshed as a Democrat and Popu-
list text-master for 1895, but it Ia evident
that he does not fill the bill for 1900. He
Is too recent. His comments have too
much contemporary flavor to be of use for
1900, and therefore certain Democrats are
hunting up the writings of that intrepid
literary foe OF triumphant American Mill
tarism," F. p. BLAIR, Jr., who hourished
politically in 1867.
Mr.. BLAIR was very much opposed to the
use Of troops in war. He believed in doing
things consttutionally, 80 to speak. He
took no stock whatever in the crude notion
ofutllizing armies for fighting. He believed
in strictly unmilltary methods OF pacifica-
tion, such as the Iowa Democrats now
recommend in the case OF AaUINALDo. So
firmly did he impress his views upon the
Copperheads OF the country that they in
sisted on honoring him, and he was accord
ingly nominated in Tammany Hall, where
the Democratic National Convention of
1868 was held, for the office OF Vice-Presi.
dent. an Office for which he was soon
afterward defeated.
In his letter OF acceptance, written from
Omaha, Mr.. BLAIR was positive In his CD.
position to militarism. The Republicans
he said, as the Iowa Democrats say now
"to shield themselves from the result OF
their wickedness and crime" have selected
candidate willing ito maintain their
usurpations over eight millions OF people
fixed to earth with bayonets" The only
road to peace" after the close OF the Civil
War, as BLAIR clearly pointed out. was "tc
put aside military despotism and the usur
pations Of q fragment Of Congress, and
by asserting the benign system Of regu