Hot Springs weekly star. (Hot Springs, S.D.) 1892-1917, 1897-03-12
SIS ssSssssssssss
PRESIDENT M'KINLEY'S !
INAUGURAL ADDRESS. s

EI.1.OW Citizens: In obedience to
n The will of the people and in their
L presence. by authority vested in me
10y this oath. ] assume thu ;irduous and re-
sl,onsibl. duties of President of the United
STATES. relying OH the support of my oun
tryincn and invoking the guidance of Al
mighty God. Our faith teaches that there
is no safer reliance than upon the God of
our fathers. who has so singularly favor
cd the American people in every national
tria! and who will not forsakc us SO long
as We obey his commandments and walk
huinbly III his footsteps.
The responsibilities of the high trust tn
which l nave been callcd-alwnys of
grave imlprtancc-arc augmented by the
prevailing business conditions. cntailing
iI!encSs upon willing labor and loss 10 use
fnl enterprises. The country is suffering
from industrial disturbances from which
speedy relief must he had. Our financial
system needs some revision: or Money
is all good now. hut ills value must not
further hr threatened. 1t should all b..
put upon an enduring basis. not subject
I" easy attack. nor ills stability To doubt or
dispute. Our currency should continm"
under the supervision of the Government.
Thu several forms of oar paper money
offer. in my Judgment. Il constant ombar-
mS.Iirnt tn the Government and Il SAFE,
balance in III" treasury. Therefore. ] be-
lirvc it necessary To devise II system
which. without diminishing the cirrulat-
ing medium OF offering II premium for its
contraction. will present y remedy for
those arrangements. which. temporary in
their MIXTURE. might we'll in the years of
our prosperity have been displaced by
wiser provisions.
With adequate revenue secured. lIt not
until then. can we enter upon such
changes in our fiscal laws as will. while
inslring safety and volume 20 uur money.
no longer impose uVon tn. Government
tn" necessity Of maintaining so large IL
gold reserve. with it's attendant and in
evitahlc temptations to speculation. Most
of our financial laws are tho outgrowth of
experience and trial and should not be
amended without Investigation and dem
onstrati"n of the wisdom of the proposed
changes. We must be both sure we are
right and make haste slowly"
If. therefore. Congress in its wisdom
shall deem it cNpedient to create Il COM
mission tn take under early consideration
the revision of our coinage. banking and
currency laws. and give them that en-
haustivc. careful and dispassionatc exam
nation that their Importance demands, 1
shall cordially concur in SIGH action. If
such power is vested in the President, it
is my purpose TO appoint IL commission of
prominent. w~rll-informrd citizens of diff
ferent parties who will! command public
confidence. both on account of their ability
and special fitness for the work. Business
experience and public training may thus
he combined. and the patriotic zeal of the
friends of the country he 81 directed that
such n report will he made as To rrrciv"
the supper: Of all parties and our finances
cease l." he the slhi"r, of mere partisan
contention. The experiment is. mt all
events. worth Il trial. and. i'll my opinion.
it can hut prove hric;i"ial 20 the entire
a. .irirN.