The weekly clarion. [volume] (Jackson, Miss.) 1863-1882, 1878-01-23


ms vIAws OK TaE SOUTHERN QUESTION
NATIONAL FINANCES AND THE REM0Nk-
TIxATroN or SILVER TREATRD,
TexNroN. January I5.--About fifteen
thousand persons, from all parts OF New
Jersey, Philadelphia aud New York, assist
ed az the inauguration. to-day Of 60yerupr
Mcclellan. The procession was quite Inn
posing. Flags, banners-and bunting were
profnse, and the cheering of the people
hearty and earnest. Governor Mcclellan
was received at his residence with salute
OF one hundred guns. The housef0ps were
filled with people, as we're also the streets.
When General ii Ciellan had taken the
oath of office OF Governor, and delivered
his inaugural, which was frequently ap-
ulanded he returned to the Executive
Chamber, " here the Veteran A association, OF
Philadel phias presented an address signed
by two thousand mem OeFs. The same par
ty also presented him wi Ia silver medal
made from halfdoilar picked up on the
battle-fi. Id of Antiftasn. TIE reception IN
the Executive Chamber was attended by
great crowds
General Mcclellan, in his inaugural adj
dress, spoke OF the Southern question; and
said :s s.ssszs zesE48sg@s
Il am sure that we all agree. in accept
ing rs final the emancipation of the negro,
aud his claim to full and ample protection
in all the rights of freeman. The pros
perity of the Southern States can be Scout
ed only by full enjoyment of their rights
of self-goyernment, with the attendant con-
sequences of Eeace, order and security.
Those States are now in entire possession OF
these rights, and the results manifest TO all
in the absence of any disturbance, and III
the slow but sure return OF prosperity which,
if not rudely disturbed by other causes,
will soon react upon us and give employ
ment to very many of the idle hands amalg
US. I trust, gentlemen, that you Will agree
with me i'm gladly accepting the existings
settlement of the Southern Question as nnaI
and insisting that no selfish interest OF IN
dividuals, or tho mistaken policy of party
shall be allowed to revive a subject which
honor and interest alike require to be buri-
ed forever among the dead issues OF the ir-
revocable past" With regard to the Nation
al finances, the General said: "As regards
the great object of all it is our interest to
hasten the return of confidence, security
industry, economy and prosperity TO our
suffering people. It is duty to express in
the clearest aud most decided terms repro
baton of all attempts to violate the cred
ness of our obligations or avoid the pay
ment of any portion of our just debts to inn
pair the n ationai honor aud credit, or to de-
clare by law that part OF dollar shall be
whole dollar. There is probably no grave
objection to the reconciliation of silver
within the proper limits that is, to say, of
making it a legal-tender for small amounts,
so as TO secure its use in small transactions
and for convenience in making change.
But in this event the silver dollar should be
made equal in the prese mt value at least to
the gold dollar. Ii nothing is done to i'm
pair the confidence ia National credit, we
are on the road to prosperity, aud legal-ten-
der paper money will soon be SO nearly at
par that specie payments will be practically
resumed. A government which has legal
tender coins of different and huetnating
values, and avails itself of the fluctuations
to the injury of its creditors and the benefit
of its treasury, becomes speculator in
markets. loses It's character for honesty, and
in pressing hour of need will be sure to
find itself. like other distrusted spectators,
bankrupt and disgraced."