Show IN FAVOR OF 1895 back dates were thrown to the dogs points discussed by horr and har aty in the great silver tug of war chicago july 22 back dates thrown lo 10 the dogs today in ahe debate between horr and harvey it was more than ever a case of greik meet in ek anil ne alie interested tug ot war heightened it was at once seen that the days if pericles as well as and other year no matter how historic or important were all barred more or less in favor of 1893 aloir opened with a written touching the impo sivility of maintaining a fixed ratio between gold nd silver As a result of experience he said all the civilized nations had discarder dis cardel silver as n standard money it was useless to exploit long tables of ratios to show whether a double standard could bo maintained the world biad pronounced falve harvey said lio had been called on by letters anil telegrams to give statements by llla inc ingalls and others concern 1112 the act ho said alic words at his disposal in the debate would not admit of it taking up floars eulogy of senator morrill delivered saturday he charged that morrill erred in paying no silver had been coined for forty years prior to 1873 harvey read from alio reports of the director of the mint that silver del la n in greater or less amounts had been coined nearly every year the fact was that morrill was a bank stockholder w iiii a bank stockholders stock hulders prejudices he ca led on horr to explain horr said atiat had not meant to say that not a dollar had been coined but none to speak of biad been the most that could be eaid was that morrill biad made a mistake harvey in his book had made a bad mistake in stating the amount of silver coined during tho life of the government sir horr declared that lie insinuation that because judge morrill was an owner of bank stock lie was not to be be was too contemptible for consideration era tion mr harvey said that in raising ahe point cf coinage of silver prior to 1873 lie wanted to establish ft tact in history which had been obscured by false statements that such coinage biad not taken he wanted to make this answer m alic presence of the gold men proceeding ce sir haney aid he did not madd to reflect on any niane integrity 1 because he wae a bank stockholder he merely wanted to that men were swerved in their expressions of acts by interests sir harvey then deflit d scientific bimetallism to bu tho irce coinage 0 loth gold and silver at an assumed ratio 0 change in the size of the metallic dollar when the parity between gold and silver should require the option to loth individuals divi duals and the government to imy in the cheaper metal he bield that under aliese conditions silver would not depreciate because there would be an unlimited demand at the ratio fixed by law and no man would sell his bullion beat the price at which lie could have it coined mr harvey submitted a table to show that from 1807 to 1873 the commercial ratio had remained remarkably close to the legal ratio notwithstanding alic of silver by england and another of the great nations of the old world mr horr said i this matter of ratio hie little or nothing to do with the question the fact was hint all alie civilized nations of the world refused to recognize silver except at its bullion value mr horr then took the proposition of mr harveys book that making the dollar one half tho present would double the value of everything in alie united except debts mr horr pronounced this absurd saying we might as well say that if we cut your yardsticks in two il would double tho amount of in the country he said mr harvey teemed to be stuck to I 1 in his book jie proposed to keep llie metal value at a parity by reducing lie amount of gold in the gold dolar carried to its legitimate results alie ratio would become 16 to or tol mr harvey proceeded to argue eliat loth gold and silver were ilie measure of value until 1873 Ke ferrins to alie cutting of the yard baick in two mr harvey said that the told men biad doubled the yard stick in 1873 he asked whether if halt the gold were destroyed alie value of alie gold dollar would not bo doubled mr horr shook his head mr harvey said he would it in another way which tho farmers would understand if bialt the crop in the united states were destroyed st would not the price of wheat on the chicago board of trade iw doubled in demonetizing silver in 1873 the gold of the yardstick had been doubled the friedaa of allver v merely asking for the of the by readmitting silver to coin ago mr horr in reply to the charse that alie of silver cut tho value of products a in two said that if eliat wae true prices would at have dropped 60 per cent the fact waa that they did not if the destruction of half the wheat crop would raise prices alie of silver did not destroy it returning to alie attack mr horr said that mr harvey did not care for ratio what lie wanted was cheap dollar and the cheapening of the emoluments of labor thia was the most prosperous country in that its workmen were best paid mr harvey said clial a dear dollar and a cheap dollar comparative terms to lie measured by a mana circuit he said ho did not propose to allow mr horr to as he friend of the laboring man tho gold men had thrown some tour millions of workingmen out of employment and biad put rome of ahem in prison because they objected to having their wadea decreased mr harvey promised at alie proper time to show alie logical relation of alie gold basis to the workingmen mr horr said it was in 1879 that wo resumed specie payment pay meat and tho only money of final redemption was gold he asked was distress abroad in alio land from eliat on the fact if the years from 1879 to 1892 found our people better employed ami at better wages than in any other number 0 years since the government was formed ap blauw four of men today out of employment where did vou get your mr harveya Harve yI said from two to four millions mr to four millions four millions is out of the question two millions about as had there ie not any truth in cither mr harvey As to the prosperity of tills country between 1879 and you could not break down nation like this in one year it lias taken short period to bring us to the bitter cup of disappointment ind distress I 1 know that every tour years political parties have charged each other with having destroyed the prosperity of the previous four applause continuing M harvey mr horr not to refer to the prosperity of alie country froni 1873 to ISO 5 the wold tramp was coined in 1873 and the united states hows that depression has been inca easing at a daspro ratio so lias the number of penitentiary convict confined in u asylums and of suicides tho prosperity has built up millionaires and multi nirce and strewed this country with millions of grampa trampa and and macii that do not know liow they arc going lo 10 provide for families in alie coining year applause 1 change in relative production had no effect long ns alie mints were open to the coinage of the two metal applause mr horr 1 have never faid that lie cheap price of silver was not on account of its overproduction silver has become cheap in t hie world just precisely the same as wheat and iron and zinc and lead anil oilier articles have leaeu cheapened enst precisely forthe game reason applause all ot alee articles have been cheapened by the natural laws covern the production of every substance known to tho producers of the world wilcox of about gold mr alie same I 1 am glad you asked me gold depreciated in value in less than years 50 per cent it ia cheaper now than it was in 1873 all articles eliat cn bo produced by inventions vent ions are than they were before the invention was made every man who brings machinery into play and puts less linnian toil into the production cheapens the article the whole trend ot civilization is to cheapen human products gold as well a silver and wheat A large number of he articles today produced in alie world hadnot 1 all by the 0 silver but cause tho laws ot nave crowded dewri the firica I 1 can v twice ns mud old for a dave work bof lowing the plough ts I 1 did in the people of this country arc pard in for their work so they in wages are 70 per cent lii elter paid in cold for the same amount of work than ui asco has not gold depreciated then when you measure it with the great commodity of human toil what I 1 find fault with is eliat the silver men invariably leave out of their calculation article of labor and the article of labor is the article known in alio civilized horld cut down alie pay of labor and you paralyze alie entire business ot any nation the men who do the work especially in a republic like ours are alie men who consume mr harvey mr horr says that everything liae cheapened include gold to pay that gold aal prix cheapen ia a flat c diction yon buy alil by excl other products lor it when tt more property to buy eoll alian fori AtTS cold has ria rian n instead 0 dearer and vet mr ciorra edphil that it has acome cheaper baye to alie laboring ninn you can 14 will a gold dollar now alian S e ver could n ml then turns to you n baye hat gold ie grow ing cheaper all t time this ended the debate for alie da and questions were submitted from I 1 audience sir tah question is put to bv mr john J Sic tirath treasurer tl io and maori union of chicago I 1 mr mcbrat here I 1 do not know that I 1 quite ui derc tand the question hut I 1 will read why is it anat alie anity does not his in creased product ireneus it he produce il five times what ho dil twenty ought he to act alve bitnes the pay in other words what right has the dol lar eliat its value purchasing potter i should be increased thereby I 1 do not understand the last line I 1 understand tho import however of alio general question alie with that ie that mr iwo or things hotl true why ie it that alio opportunity port unity doea not keep race luth his increasing I 1 did not know but n aliat liat it did it lio prod ocea tb timea what ho did twenty avara ago well I 1 do not know ai lie coee lo 10 you lay live times as many bricks as you used to lay thirty years as can ft man 10 lo that it is fair question I 1 ajl not know eliat you could do that sir harvey did not you stale in your argument he other day that alie productiveness had increased something like five times as much mr 1 I do not know but whether I 1 did or not I 1 would say eo now but I 1 did not gay eliat each laboring man produced times as much by any means I 1 stated before and I 1 will repeat it now that every invention that is made may increase productiveness twenty times but not of alio man that works at hard labor I 1 stated the law this morning eliat whenever such invention is maile a part of alie profits should go to increase alie pay ol 01 la borers part of it should to cheapen icik of substance for ahoe ho con amo it and part to the inventor or manager to pay him for his invention anil for running the business now air mccgrath how much do you get a eliy tor laying brie mr ie hero till audience who knows what brick laver get here today for such work I 1 would like to know if any of those men who are cheering nio or mr are bricklayers or i they know how mud bricklayers ret now my friend here faye litty cents an hour that would be at hours I 1 used to liiro bricklayers tor a day they we repaid in alie currency ol 01 tho country they earn now say f 1 a day and are paid in gold does that show that gold has increased in priced mr harary they ret it when they ork Adjourn eil until I 1 p m tomorrow |