Votume VI. No. 25. NEW HAVEN, CONN., THURSDAY, APRIL 1, 1897, A VICTORY AT CAMBRIDGE. Yale Wins a Second Time From Har- vard=—A Great Contest at Sanders? Theater. Cambridge, Mass., March 27.—The annual debate between Yale and Har- vard was held in Sanders’ Theater last evening and Yale was awarded the de- cision. Not content with the vietory in New Haven a year ago, Yale carried the campaign into “the enemy’s coun- try,’’ and defeated her rival, heretofore invincible on the home platform. If there existed any doubt of the genuine- ness of the debating rennaisance in New Haven, that doubt must have been dissipated by last evening’s con- test. The former success might have been explained, as indeed it was ex- plained by many here, as a chance vic- tory. An unusually strong Yale team met a team not up to the previous Harvard standard, and, under the stimulus of a sympathetic home audi- ence, succeeded in interrupting the chain of Harvard victories. But the outcome of last evening’s contest can- not be thus easily explained away. Harvard was awake to the situation and the favorable conditions were hers. Both universities had picked their teams carefully, the one bent on re- establishing its former prestige, the other on vindicating the verdict of a year ago. A propitious evening rewarded those who had conducted the arrangements, and a crowded auditorium awaited the rival teams. At previous debates in Sanders’ Theater the audience has never more than comfortably filled the lower part of the house. On this occa- sion every seat in the theater was dis- posed of, and one hundred and fifty ad- mission tickets were sold at the en- trance. If, as seems probable, the. in- terest in these debates is to continue, a serious problem must be met on the alternate years, when the contest is held in Harvard territory. Memorial Hall was erected before intercollegiate debates were contemplated, and the > college theater, which is adequate for most purposes, will no longer contain the numbers who wish to listen to these intellectual battles. Hither the attendance will have to be restricted by an undesirable selection, or a Bos- ton auditorium will have to be secured at a sacrifice to the distinctively uni- versity character which has been. the charm of these meetings. Last evening, for the first time in a Cambridge debate, the Yale men occu- pied seats together. Many of the Bos- ton graduates who had hoped to be present were unable to do so, but the Yale colony in the Law School, the un- dergraduates who came from New Ha- ven and the friends of the visiting de- baters formed an enthusiastic minor- ity, animated by the common senti- ment of unalterable opposition to the adoption by the United States of a pol- icy of gold monometallism. In front of the Yale seats was a del- egation from Radcliffe College. Seats had also been reserved near the stage for the members of the University crew, who entered toegther, and were given an ovation. The question to be debated was: “Resolved, That the United States should adopt definitively the single gold standard and should decline to enter a bimetailic league even if Great Britain, France and Germany should be willing to enter such a league.’’ - The judges were Judge Edgar A. Aldrich of..the United States Circuit Court, Prot. Davis ih. Dewey: ef the Massachusetts Institute of Technology and Prof. Franklin H. Giddings of Co- lumbia. The entrance of the Speakers ac- companied by Governor Wolcott, who was to preside, was the signal for a hearty round of applause, and through- out the evening the good points made by the rival contestants were received with impartial courtesy. , In opening the exercises, Governor Wolcott referred to the friendly rela- tions which made such contests be- tween the universities possible and gave his warm endorsement to this avenue. of intercollegiate rivalry. In this connection he said: “We are so organized that there is intense enjoyment in the full and free exercise of any faculty, physical or mental. And this enjoyment takes on a keener zest when there enters into the exercises of these faculties the ele- ement of emulation, of the strong desire to excel. The two most famous univer- sities of the Western Hemisphere stand for the same things—they stand, and shall always stand, for education, for enlightenment, ayo for wanhood- And it is proper and fitting that the students of these two great universl- ties should be knit together by some- thing like the bond that forms two reg- iments enlisted in the same cause and fighting beneath the same flag. “This tie of comradeship should not— and I need not say that it does not— preclude an intense rivalry and emula- tion. There is something fine on the field, on the track, or on the water, in feeling that a man not only represents himself, but that he bears the colors of his college to victory if may be, but if not, to honorable defeat. “Surely there is also something fine when men meet in generous emulation, in which the fine instrument is the human brain, that embodies arguments and thoughts which are to find fitting expression in language that may take on the color and the wings of imagery or poetry. And so, gentlemen and la~ dies, it is a pleasure to me, represent- ing the Commonwealth of Massachu- setts, to welcome to this debate the men who have done us the honor to come here from our sister University of Yale. Whatever rivalry, whatever em- ulation exists between these two uni- versities, it should always be a gener- ous, a knightly, a chivalric emulation and rivalry.”’ The Debate Analyzed. The debate which followed, measured by the standard of an ideal debate, was unsatisfactory, for the two teams failed to meet squarely on the issue. But it would be a mistake to call it an uninteresting contest, for the high quality of the competition, particularly in argument, the dogged refusal of each side to be drawn into accepting the other’s interpretation of the question, and the ingenuity displayed in devis- ing pitfalls for an unwary. opponent made the debate fully as exciting as any in which the two universities have engaged. The suspense, during the half-hour interval which elapsed while the judges were reaching a decision, was keen among the debaters and lis- teners. The greater part of. the audi- ence undoubtedly thought the home team had won. Fletcher Dobyns, the last speaker for Harvard, had thrown discredit on Yale’s interpretation of the question, and his superiority 1n address and his tact in presenting his theme 10 a popular way had drawn most of the listeners into his way of thinking. -voeated the expediency of a Price Tren Cents. But the question was deeper than he represented it. Yale had maintained that the question was not a theoretical, academic one of the merits of mono- ' metallism and bimetallism, but a prac- tical question of whether it was expedi- ent to definitively adopt the single gold standard at the present time. Harvard had refused to recognize this inter- pretation. If it was tenable, the elab- orately constructed argument of the affirmative was futile, for it failed wholly to meet the issue. The Yale contingent were confident that the logic of Yale’s position would be recognized by the judges. If, however, the Harvard interpreta- | tion obtained, the decision was not cer- tain to be in Harvard’s favor. Yale, while declining to elaborate any definite bimetallic policy, had shown the ad- vantages which would accrue from a use of the two metals, and emphasized the faults and dangers of a single standard. Moreover, the Harvard de- baters had at one time discussed the evils of the present attitude of the gov- ernment, which would be corrected by definitively adopting the gold standard, and, subsequently, under the stress of the Yale attack had minimized these evils, asserting that the United States was already pursuing a policy to gold monometallism and that the proposed step would merely operate to confirm this attitude—an apparent inconsisten- cy of which the negative took full ad- vantage. It is probable, however, that the judges decided the debate on Yale’s interpretation cf the question, and that, had they allowed Harvard’s contention, they would have considered the ab- sence of a constructive argument for pimetallism a fatal defect in Yale’s presentation. WRIGHTINGTON OPENS FOR HARVARD. The debate was opened by Sidney R. Wrightington, of Massachusetts, on whom the task devolved of outlining the affirmative argument. He won the attention of the audience by his finished and convincing delivery, showing a marked improvement over his work in the trial competition. At the outset he stated the question to be “Shall we strengthen our existing gold standard by adopting it definitively, or shall we attempt to establish a double standard by a national agreement?” He then presented a historic argument to show that old basic principle of mone- tary evolution is movement away from the cheaper and bulkier standards to those containing greater value in small- er bulk. The present gold standard he held to be the survival of the fittest in the long process of selection. He ad- single standard as simple and automatic and “decried any attempt to establish an artificial system by legislation. The bimetallic theory he character- ized as experimental and called on the negative to state at its earliest oppor- tunity what ratio of exchange it would suggest for the two metals. The existing gold standard he thought was good enough. Production, exports and wages had risen. The fall in price was not a menace but a stimulus to American enterprise. The past twenty- five years had been in the main a peri- od of prosperity. Business troubles had been due rather to special causes than to the currency and the existing finan- cial system had worked badly only when there had been talk of changing it. The adoption of the gold standard definitely would restore confidence in the business world. ; YALE ‘‘LAY LOW.” By this opening argument it was ap- parent that Harvard expected Yale to champion bimetallism. Had the visitors taken up the gauntlet thrown down by Wrightington and suggested a rate on which the two metals were to be main- tained at a parity, there is no telling what pitfalls were in store for them. But this was no part of the Yale pro- gram. Neither was it a part of the pro- gram of the Yale team to show its hand too quickly. Charles §. Macfar- land of Massachusetts, in opening the negative side, played the part of ‘‘Br’er Fox’”’ on a celebrated occasion and “‘lay low’”’ to allow Harvard to make a few more, punches: at. the. tar: baby. = He stated the position of the negative to be merely that the United States should not take action which would preclude union with other nations for relief from existing financial evils,—but he left it for his colleagues to elaborate this idea. He pointed out clearly the evils of the existing monetary system and the most apparent benefits which the establishment of international bimetal- lism would confer. He showed the continual unrest of the business world since gold bécame the monetary unit in 1873, and how it had destroyed the par of exchange between gold and sil- ver using countries and the resulting damage to trade. He emphasized the effect of the marked fall in prices under the gold regime in discouraging busi- ness enterprise and forcing every mah to seek immediate personal advantage and hasty profits with the inevitable result of idle money and idle men. In contrast he showed the conditions in France under bimetallism during 70 years. His manner throughout was distinct- ly argumentative and his gestures were mainly those of emphasis. HARVARD KEEPS ON THE SAME TACK. G. Hamilton Dorr of New Jersey, took up the thread of the Harvard ar- gument and in turn disposed of the leading arguments urged by bimetal- lism and silver advocates against the single standard. His address showed most thorough preparation, and, if the issue had been the relative merits of the single and double standard, ee would have been most difficult to re- fute. In spite of a slight impediment of speech, Dorr could .be heard easily in all parts of the theater. He hegan by answering the claim of the preced- ing speaker that falling prices had dis- couraged business enterprise and gave the familiar arguments to account for the decline by natural causes. Turn- ing his attention to the argument of appreciated debts, he asserted that the debtor need work fewer hours to pay his debt now than when it was con- tracted for wages and incomes had risen and prices fallen. : ~’ Among the dangers of bimetallism he counted the rising prices which induced over speculation, and showed how the increase of money could be a hardship for the laborer owing to the rise in wages failing to keep pace with the rise in prices. YALE ON THE OFFENSIVE. With the principal argument for Har- vard, two-thirds finished. Charles U. Clark of Brooklyn, N. Y., took up the Yale argument and defined the position of the negative with telling clearness. He spoke so low that his words could not pe heard with distinctness in the rear. of the theater, but this very fault in his delivery drew closer attention to him and he held the closest attention of the audience. In answer to the previous speaker, he -saia that Yale men were not there to discuss the wages question. The question was whether the immediate adoption of the gold standard definitive- ly was advisable. The only re asonable presumption was that the question ap- plied to the present time, not to the indefinite future. ‘The important ques- tion was not highest prices but steady prices. Prices had not been steady un- der the gold standard. Such a radical step as the adoption definitively of the single standard would further unsettle prices. It would be direct opposition to the established policy of this coun- try which has always been the avow- ed friend of bimetallism. Instead of restoring confidence it would leave the opposite result. To maintain the single gold standard would require an im- mediate gold reserve of vast propor- tions or a provision for future gold. The former would require large issues of bonds and the doubling of the na- tional debt. The latter would be a post- ponement merely of the evil and the .