Horsepower is just a function of torque and RPM, so in effect the only consideration is the powerband.
If an engine makes 50 ft# torque at 5252RPM, then it's also making 50HP, no exceptions.
In effect, it's the amount of power made through the overall RPM shift range that makes the difference, not the "which is better, torque or horsepower?" concept.
The only thing really important is the HP being made through that range, as 50HP at 10,000RPM is just the same as 50HP at 5,000RPM, regardless of the torque disparity.
To answer the question with any hope of being accurate, one would require a dyno chart of both engines.