Show HORR WAS INIA IN A HURRY PLUMPED THE MAIN QUESTION ought the united states to throw open the mints to the F tree ree coln coin 1190 of silver at IG 10 to 1 mr harvey proposes first to show ROW how silver was De people kept in ignorance chlcagno uly 20 the crucial point was reached today to day in the horr harvey debate it was near the end of the session when mr breaking away from the long continued discussion of the circumstances surrounding the enactment ot of the law of 1873 stated compactly his vers version loil of the existing conditions or of the debate and then plumped the main question ought we again to throw open the mints 0 of the united states to to the free coinage of silver mr harvey was evidently taken by surprise but stood by his guns and insisted upon proceeding with his attempt to piove giove that the ot of silver was accomplished with a surreptitiousness that we was criminal here Is what mr said preparatory to springing the chief issue there are things about which mr harvey and myself differ and some on which we agree lie ile thinks our fathers established a single measure of value and that measure was grains of pure silver and that gold was vas made a simple companion metal of sil er and that ii at it its 5 v value slue was to be all tho the time inea measured by a silver dollar I 1 believe those eary early 1 I patriots attempted to establish a measure of value of metals gold and silver and that they supposed they had hit upon a ratio which would secure the use of both gold dollars and silver dollars side by side we agree that up to 1834 the measure of value in actual use in this country was the sliver dollar I 1 assert that in 18 1831 11 the ratio was changed the gold dollar was waa made smaller ile he admits that I 1 assert that when vaen the gold dollar was cheapened it became the actual measure 0 of values in this country and retrained remained so up to the suspension of specie payments that the silver dollar though still a legal measure of value was not used in this country as the actual measure after 1834 he denies that we both agree that from 1862 to 1879 the domestic business ot of this country was done by using the greenback dollar dolar as the measure of values which was during none ot of these years equal to the value ot of either the gold dollar or the silver dollar he states that in his book and we both agree ON A GOLD BASIS now mark we both agree that in 1873 the coinage of silver dollars was i v as stopped by law and that since i 1879 since the resumption of specie payments the domestic and international business of this country has been done on a gold basis we agree that great britain has been on a gold basis since 1816 no dispute about it I 1 claim that germany ceased the coinage of sliver silver in 1871 and he claims that it was not until later in 1873 but we both agree that since january 1 1874 germany has been entirely upon a gold basis we agree that the nations which compose the latin union france belgium switzerland italy and greece are all of them gold standard countries there Is no dispute between us that british america and australia are also gold standard countries we agree that mexico china japan and several of the republics of south america are silver standard nations there is today to day no nation on the face of the earth that is actually using a double standard the actual measure of value in each of the countries of the world Is either gold or silver alone except in some countries where depreciated paper money is the only circulating medium and metal money is bought and sold as a commodity just as was waa the case in this country during the suspension of specie payments mr BIT harvey claims that the law ot of 1873 73 was secretly and fraudulently passed he wont deny that he claims that I 1 have denied it and still deny it I 1 say there Is not a grain of truth in such a statement but we both agree that the law was waa passed and la Is in force today to day THE IMPORTANT QUESTION now the important question before the american people at this moment and the one we are here to discuss Is ought the law to be repealed ought we to again throw open the mints of the country to the free coinage of sliver silver upon the old ratio 0 of IG 16 to 1 when the actual ratio of value in the markets of the world Is fully SO 30 to 1 I MR HARVEY RESUMES mr harvey when I 1 have read the printed record 0 of what mr horr has just now said it will be time enough tor for me to take up ji a new subject I 1 am not done with the present subject yet the act of 1853 served the purpose of the men who were seeking aee kiner to overthrow our constitutional standards of money in this way in 1853 on account of the exportation of our silver coins by acason less itin of the french ratio of 13 51 to 1 being less than ours 16 to 1 congress preserving the silver unit ordered by act that the fractional silver 11 50 cents and less should be cut down in siz size e to the french ratio to stop its exportation the silver unit was preserved and could be preserved without even coining a single one of them it would regulate the other coins all the same now the fractional silver had its legal tender character taken from it because it was riot not of full weight it was not made full weight because of the exportation and it was riot not made non legal tender because it was not of full weight awaiting further consideration whether we would go to the french ratio as a whole 0 or not so that b when the be I 1 bill in 1873 was being considered at the tiple time when nobody was thinking about she it coins and very few knew about it these men who wore were the bill bald we are re enacting the act of 1853 there cannot be anything wrong wrone about that and that is in what they made senators senatore and congressmen believe they cie je eving except that they were going to reduce the size of the silver dollar to put us on tile the french ratio but talking to men en who he knew nothing about bimetallism or the previous history of cOl coinage the act of 1873 served nerved that purpose they got the language in the ithe bill concerning the fractional coin co in and the preceding clause that hal the dollar in it into the th elan language guage ot of the act of so that all they had bad to do was to strike out the line that had the dollar in it in the words of the act of which was a tree free coinage dollar and there you had en an act without any tree free coinage about it PEOPLE IGNORANCE 1 I 1 have before me on this table the files 0 of the chicago tribune tor for 1873 this bill was wg le parsed in the senate sena t a on january letb so that the moraine rn 0 papers of the would contain co altan iny any alps showing that tile the fundamental fundament laws of the Go government verrin ent had been changed the only reference reference that appears 1 in that paper la Is a press presa telegram front froni washington ashington IV which Is this 1 I read mr sherman nan called up tip the bill to and amend the laws relating to mints assay offices and coinage ot of the united states which was amended anil and passed that Is all ono one of the money metals of the united states fig as it Is now c conceded 0 nept led was struck down by that bill 0 one ne of the hie moneys of the constitution had leen been overthrown the dollar that had regulated all other coins had been abolished A great war debt to be paid ok off and one ot of our money resources tor for paying it had bad been destroyed st long continued applause 1 no information of the fact was conveyed to the people but through the newspapers newsPaper of the country applause the reporters at washington did not know it the congressmen its as IL a x whole vb 0 le did riot not know it the money of t the h people that had served them well was destroyed and I 1 now challenge chal leng e mr horr to show me m e anywhere in the newspapers of the united states during the passage of the bill which lie he says has no taint of fraud attached to IL it where the people knew that any bill was behig considered by congress that was wag to destroy as money one halt half the money metal of the country or that they had passed such a bill 1 I have charged that it was P passed assed secretly the fact that the fundamental a law of the government had been reversed verse and that no information of it had gone one to the people whose government it was either before or after the passage of the bill until it was discovered several years afterwards Is one of the best evidences ot of its secret passage TIIT THE 1 MEREST Ir IREST ROT mr fr horr in replying said all this talk about striking down the money of the people Is the merest rot its the only word that exactly covers that kind of bosh the money of the people should be just as good as the money of the nabob and before I 1 get through I 1 will show the people of the united states that I 1 have come here to defend the rights of the millions who live by toll toil who live by work whose wages would be cut in two by tho the passage of this law which my friend rland advocates long continued applause if mr harvey now listen shall hall succeed in proving that the people of the united states in 1873 were mostly a a set of corrupt scoundrels and that he la Is really the only pure and upright man left tit in the entire city of chicago it wont avail him anything in this debate these questions are not pertinent P erti to t the question in dispute being clearly mt at log ger heads as to the point of discussion little further progress was made and an adjournment was taken till monday THE DAYS DEBATE the debate prior to running against the big snag had been full of interest harvey opened the days talk with a statement of points so far established they were that prior to 1873 gold and silver were the money of the constitution silver was the unit value up to that time a debtor was permitted to pay in the cheaper money and silver was not de because of any overproduction at the time the act of 1873 was passed taking up the debate proper harvey denied he had any time tried to impeach the integrity of the american people but that he did not propose to allow corrupt legislators to throw the mantle of national honesty around them for their own protection the speaker recognized the integrity of the american people and it was to that he appealed the beaker oe aker thon thin resumed the statement interrupted at the close of the talk on thursday of the various steps leading up to the passing of the act of 1873 HORR DENIES everything horr in opening declined to allow harvey to accept as admitted any statements of harveys which horr failed to deny horr said harvey had been reading a series of carefully prepared essays and he horr could not be expected to remember all 1 the he statements made in them harvey harve 7 might I 1 take it tor for granted that he horr rr ae denied everything except what he expressly assented to horr then took up the international monetary conference at parts paris in 1867 at which the leading civilized nations of the world were represented and pointed out that after days of consideration co csider the representatives of all nations I 1 present including the united states voted unanimously with the exception of the representative of holland in favor of the gold standard openly and as a legitimate outcome of this international ter conference the act of 1873 was passed horr argued at length quoting from letters and documents to disprove the charge that the act was passed through the influence of british bribes was false THE TOKEN DOLLAR harvey reviewed the history of the act of 1873 quoting from the debate in the senate when the bill was put on its passage hoy horr said there was in the bill of which harvey had spoken a P revision provision tor for a token dollar worth live francs the senate struck that out and substituted the trade dollar harvey it if you bill III show me anywhere in the debate of that day where the senate struck out that provision we will stop the debate right here great applause from mr harveys Ilar veys larent friends horr the bill as aa passed cental ned a trade dollar did it not harvey yes yea sir horr suggested that it covered cov ered the point and proceeded with his argument he said nobody thought of striking down silver when I 1 the he bill was passed at that time sliver silver was not tit in circulation and the bullion bullio n of a dollar lasworth was worth more than the dollar harvey read from senator shermans Sher mans statement on putting the bill on its passage showing that the bill provided tor for two dollars one a grain dollar dellar equal to the french five fratic piece and the trade dollar he declared horr had said this dollar was not in the bill horr interrupting said he denied it harvey said he would refer the question quention in dispute to the he record of 0 the day resuming harvey galil the conspiracy was carried out in the conference committee sherman and harper reported to 0 their heir respective houses the differences had been defined and the bill was passed without debate the bill as aa reported omitted emitted the craan dollar dellar i horr said bald he did not deny dehy the existence of the grain dollar in the bill but at no time did the bill provide for anything except gold as the stands standard rd the matter of a small email dollar was agreed on in the conference committee as Is the custom but the committee could not enact anything it had to report to the two houses and their action was wa s necessary the bill as passed with the addition of the trade dollar was nearly identical with the bill as aa d drawn rawn by the secretary of the treasury an attempt to smirch the me character of the members of congress who voted for this bill was infamous applause |