The Beaver herald. [volume] (Beaver, O.T. [Okla.]) 1895-1923, 1897-03-11
INAUGURAL ADDRESS
Prcsident Mckinley speaks TO Thousand,
OF Enthusiastic Listeners.

PTcsdeut hchiuiey
OF Enthusiastic Listeners.
Washington, March 4.-President Nc
Kinleys inaugural address follows. in
full:
Fellow citizens:-In obedience TO the
VIII OF the people and IN their presence,
by the authority vested IN me by this
oath, l assume the arduous and respon-
sible duties OF president OF the United
States. Relying on the support OF n.y.
countrymen and invoking the guidance
Of Almighty God. Our faith teaches that
there is no safer reliance than upon the
God OF our fathers, who has so singua-
larly favored the American people in ev
cry national trial, and who will no, for
sake US 50 long as we obey His COM
mandments and walk humbly In his foot
steps.
The responsibilities Of the high Srust to
which / have been called, always Of
grave importance, are augmented by the
prevailing business conditions, entailing
idlenass upon willing labor and loss to
useful enterprises The country Is suf
fering from Industrial disturbance and
speedy relief must be had.
FIANCES.
Our nancial system needs some revls-
ion; our money Is all good now, but Its
value must not be further threatened.
1t should all be put upon an enduring ba-
sis, not subject to easy attack, not it,
stability to doubt or dispute. our cur
rtncy should continue under the super.
vision of the government. The several
forms OF our paper money Offer In my
judgment, a constant embarrassment 10
the government. and a safe balance in
the treasury. Therefore. believe il rec.
essary TO devise a system, without dIm-
inishing the circulating medium or OF.
trrug a premium for its contraction
which will present a remedy for those
arrangements which, temporary in their
nature, might well in the years OF our
prosperity, have been displaced by wis
e. provisions With adequate revenue
assured. but not until then. we can enter
Gpoa such changes in our fiscal laws as
will, while insuring safety and volume tc
our money, no longer impose upon the
government the necessity OF maintain
ing 50 large gold reserve. with It's at.
tendant and inevitable temptations &C.
speculation.
CURRENCY COMMISSION.
Most OF our financial laws are the out
growth OF experience and trial. and
should not be amended withou; inves'l-
cation and demonstration Of the wisdom
OF the proposed changes. We must be
both sure We are right, and make haste
slowly" IT, therefore, congress in its
wisdom shall deem 1t eXpedient 10 cre-
ate a commission to take under consider
alton the revision Of our coinage, bank
ing and currency laws, and give them
that exhaustive. careful. ana dispassion-
ate examination that their importance
demands, shall cordially concur In such
action. II such power is vested in the
president. It Is my purpose IL appoint a
commission OF prominent, well Informed
citizens OF different parties who will COM
mand public confidence both on account
of their ability and special fitness for the
work. Business experience and public
training may thus be combined, and the
patriotic zeal Of the friends Of the coun-
try be so directed that such a report viii
be made as to receive the support OF all
parties and our finances cease to be the
subject OF mere partisan contention. The
experiment is, at all events, worth trial.
and, in my opinion, IL cannot but prove
beneficial TO the entire country.
INTERNATIONAL BIMETALLISM
The question OF international bimetll-
lism win have early and earnest consid-
Grafton. II will be my constant endsa-
vor to secure 1t by constant cooperation
With the other great commercial powers
OF the world. Until that condition is real
ized when the parity between our gold
and silver money springs from and is
supported by the relative value OF She
two metals. the value OF silver already
coined. must be kept constantly at par
with gold by every resource at our COM
mand. The credit OF the government, the
integrity Of its currency, and the invlola-
hility OF it's obligations must be presery-
ed. This was the commanding verdict
OF the people and It will not be unheed-
ed.
PUBLIC EXPENDITURES.
Economy is demanded In every branch
ot the government at all times. but es-
nsclally In periods like the present de-