Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1897-03-13

Reed, proceeded in body TO the senate
chamber, where seats h. 4 been as
signed them. Vice President Stevenson
presided over the joint assem- ly, but
simply till the hour should arrive when
he should step down to make way for
his successor.
When ex-President Cleveland and
President Mckinley entered the cham
ber, the whole assemblage rose to re-
ceive them as they took the seats of
honor set apart for their reception.
Vice President Stevenson, to whom
the senate accorded n unanimous vote
of thanks for his courtesy and ability
in the chair, returned his thanks in
graceful terms.
The extra session of the senate of the
Fifty-fifth congress, called by Presi-
dent Cleveland to meet at noon, then
commenced. The late vice president
made way for his successor, Mr.. Ho-
bart, to whom the oath of office was
administered, after which he made a
brief address. He then proceeded in
his turn to swear in such as were pres
ent of the 80 senators whose terms
either of election or reelection began
contemporaneously with that of the
president. This ceremony completed,
both houses of congress and many OF
the more privileged spectators ad-
journed to the eastern portico. There,
in tie presence of an immense throng,
Chief Justice Fuller administered to
President Mckinley the brief obligation
prescribed to maintain the constitution
and enforce the laws of the United
States, and thew Mr.. Mckinley deliv-
cred his inaugural address, which is as
follows:
Fellow Citizens-In obedience to the will OF
thority vested in me by this oath, 1 assume the
arduous and responsible duties of president OF
the United States, relying on the support OF
Almighty God Our faith teaches that there is
no safer reliance than upon the God of our fa-
theirs. who has SO singularly favored the Amer
ican people in every national trial and who will
not forsake us so long as we obey His COM
mandments and walk humbly in His footsteps.
The responsibilities Of the high trust to
which have been called-always of grave inn
portance-are augmented by the prevailing
business conditions, entailing idleness upon
willing labor and loss to useful enterprises.
The country is suffering from industrial dis
turbances from which speedy relief must be
had. Our financial system needs some revi-
sion; our money is all good now but it's value
must not further be threatened. 1t should be
put on an enduring basis not subject to easy
attack, nor its stability TO doubt or dispute.
Our currency should continue under the super
vision Of the government.
The several forms Of our paper money offer
in my Judgment, constant embarrassment To
the government and safe balance in the treas
ury. Therefore believe 1t necessary to devise
a system which, without diminishing the circu-
lating medium. or Offering a premium for its
contractor, will present q remedy for those ar
rangements which, temporary in their nature,
might well in the years Of our prosperity have
been displaced by wiser provisions. With ad-
equate revenue secured, but not until then, we
can enter upon such changes in our fiscal laws
as will. while insuring safety and volume to
our money no longer impose upon the govern
ment the necessity of maintaining so large a
gold reserve, with its attendant and inevitable
temptations to speculation.
Most of our financial laws are the outgrowth
OF experience and trial and should not be
amended without investigation and demonstra-
ton of the wisdom OF the proposed changes.
We must be both sure are right" and
make haste slowly" If, therefore, congress
in it's wisdom shall deem it expedient to create
o commission to take under early consideration
the revision of our coinage, banking and cur
rency laws, and give them that exhaustive,
careful and dispassionate examination that
| their Importance demands 1 shall cordially
cqaAaSAtF s',eh- etiop--If such nower Is vested