The evening tribune. (Pawtucket, R.I.) 189?-190?, 1897-03-05
PRESIDENTS
ADDRESS.
Mckinley Says He Will Be
"Ever WatchfuI of the
Nations Honor"
The Paramount Duty OF the
Present Congress is to
Restore Protection.
THE AMERICAN FOREIGN POLICY
Rigid Economy Necessary Antitrust and
Civil Service Laws Must BE Enforced
Restoration Of Prosperity Imperative
Extra Session of Congress Called.


President McKinley's inaugural address is
as follows:-
FelloW-Citizens: In obedience to the
will of the people, and in their presence,
by the authority vested in me by this
oath, | assume the arduous and respon-
sible duties OF President Of the United
States, relying Oh the support of my
countrymen and invoking the guidance
OF Almighty God. Our faith teaches US
that there is 20 safer reliance than upon
the God of our fathers. who has so singu-
iarly favored the American people in ev-
cry national trial, and who will not for
sake US so long as we obey his command
ments and walk humbly in his footsteps
The responsibilities of the high trust
TO which have been called-always OF
grave importance-are augmented by
the prevailing business conditions, en-
falling idleness upon willing labor and
loss 10 useful enterprises. The country
Is suffering from industrial disturb
ances from which speedy relief must be
had. Our financial system needs some
revision; our money is all good now, but
its value must not further lie threatened.
1t should all be put upon an enduring
basis. not subject to easy attack, nor its
stability TO doubt or dispute. Our cur
roncy 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 10 q safe balance
in the treasury. Therefore j belleVe IL
necessary 10 devise a system which,
without diminishing the circulating me-
dunn or Offering "A premium for its con-
n
ARRANGEMENTS. which, temporary in their
nature, might well. In the years OF our
prosperity, have been displaced by wiser
provisions. with adequate revenue Sc
cured. but not until then, we can enter
upon such changes I'm our finance laws
as will. while insuring safety and volume
10 our money. no longer impose upon the
necessity OF maintaining so large gold
reserve, with it's attendant and inevita-
bile temptations to speculation. Most OF
our financial laws are the outgrowth OF
experience and trial, and should not be
amended without investigation and dem
onstration of the wisdom of the pro-
posed changes. We must "be sure we
are right" and make haste slowly
IT. therefore congress, in its wisdom,
shall deem IL expedient to create a COM
mission to take under early considera-
tion the reI,i ION of our coinage, bank
ing and currency laws, and give them
that exhaustive, careful and dispassion-
ate examination that their choice de-
r,ands. I shall cordially concur in such
action. If such power is vested in the
president. it is my purpose to appoint
a. commission of prominent, well-in-
formed citizens of different parties, who
will command public confidence, both on
account of their ability and special fit
ness for the work. business experience
and public training may thus be COM
bined and the patriotic zeal of the
friends of the country be so directed that
such report will be made as to receive
the support OF all parties. and our finan-
ces cease to be the subject of mere par
tisan contention. The experiment is, at
all events, worth trial, and, in my opin-
ion, il can but prove beneficial to the en-
tire country.
The question of international bimetal-
ism will nave early and earnest atten-
ton. 1t will be my constant endeavor
to secure it by cooperation with the
other great commercial powers of the
world. Until that condition is realized
when the parity between our gold and
silver money springs from, and is sup
ported by the relative value of the two
metals. the value of the silver already
coined, and Of that which may hereafter
be coined, must be kept constantly at
par with gold by every resource at our
command. The credit of the govern
ment, the integrity of it's currency and
the inviolability of it's obligation must
be preserved. This was the command
ing verdict OF the people, and it will not
be unheeded.
Economy is demanded I'm every branch
of the government at all times, but es-
pecially in periods like the present Of de-
preston in business and distress among
the people. The severest economy must
be observed I'm all public expenditures
and extravaganza stopped wherever IL is
found. and prevented wherever in the
future il may he developed. If the rev.
enues are 90 remain as now. the only re-
lief that can come must be from de.
creased expenditures But the present
must not becoire the permanent condl-
ton OF the government. Ii has been our
UNIFORM practice to retire, not increase
our outstanding obligations, and this
policy must he resumed, and vigorously
e"orceo' Our revenues should always
ne large enough to meet with ease and
promptness not only our current needs.
and the principal and interest of the pub
lie debt, but to make proper and liberal
provision for that most deserving body
OF puohc creditors-the soldiers and the
sailors and the widows and orphans who
nre the pensioners OF the United States.
The government should not be per.
mitted TO run behind. or increase its
debt. I'm times like the present.
Suitably TO provide apainat ,h, A.. AZ, .
mandate OK duty; the certain and easy
remedy for most of our financial di ifY,cul.
ties. A deficiency is Inevitable an ,one
as the expenditure Of the government
exceeds its recsintz