The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1897-03-05
PRESIDENT MEINLEYS
INAUGURAL ADDRESS

iA'4AoNOl'AAh AiDD1'o'o
n
! yellow Citizens: In obediehce TO the
will of the people and in theit presence
BY the authority vested in me by TINS
cath, assume the ardious ana respon-
nihHe duties of president OF The United
MATES, relying on the support OF my
nountrymen ana invoking the guidance
tf Almighty God. our laith teaches
Fhat there Is no saier reliance thah
upon the God of our fathers, who has
20 singularly favored the American
people In every national trial, and who
tvtu not forsakc us 20 long as we obey
his commandments aud walk humbly
IN his footsteps
The responsibilities or the high trust
u which i have been called--Ilways
Of grave imprntn n9Ce~are augmented
By the prevailin% buSlntr- conditions,
shtailing idlencss upon willing labor
and loss to uscfM enterprises. the
country is suffering from Industrial
disturbances from which speedy relief
must be had. our financial system
needs some revision sour money is all
good now, but its value must not fur
ther be threatened, 1t should all be
put upon an enduring basis. not subject
to easy attack. nor its stability to doubt
or dispute. Our currency should con-
tinue under the supervision OF the gov
ernment The several forms OF our
paper money offer, in my Judgment, a
constant embarrassment to the gov
ernment and safe balance in the
treasury. Therefore, / believe 1t nee
essary to devise system which, with
out diminishing the circulating me-
dunn or Offering premium FOR its
contraction, will put remedy for the
arrangements, which, temporary In
their nature, might well in the years
= OF our prosperity have been displaced
by wiser provisions With adequate
revenue secured, but not until then,
we can enter upon such changes in our
fiscal laws as will, while insuring
aafety and volume to our money, no
longer impose upon the government
the necessity Of maintaining SO large
n aold reserve. with its attendant and
Inevitable temptations to speculation.
Most of our financial laws are the out
growth of experience and trial and
should not be amended without investi-
gatiOn. and demonstration of the wis
dom of the proposed changes. We must
be both sure we are right" and make
haste slowly" If, therefore, congress
In its wisdom shall deem 1t expedient
tn create a commission TO take under
aarly consideration the revision of our
coinage, banking and currency laws,
and give them that exhaustive care
ful and dispassiOnate examination that
their Importance demands, shall cor
yf4aIly concur in such action. If such
power Ia vested in the president it is
INV purpose to appolnt a commission
of prominent well informed citizens Of
different parties who will command
public confidence, both OH account of
their ability and special fitness for the
work. Business experience and public
training NAV thus be combined, and
The patriotic zeal of the friends of the
eountry be so directed that such a re-
mart will be made as 10 receive the sup
mort of all parties, and our finances
cease to be the subject Of mere partisan
pantention. The experiment Is, at all
events. worth a trial, and in my opin-
Sop II can but prove beneficial to the
sntire country
The question of international bimet-
sJfsm will have early and earnest at
Nation II will he my constant en-
Syeaxor to secure II nv cO-o0eration
udtb the other ereat commercial now
.rs of The world Until that condition
n realized when the parity betwsen
nur gold and silver money springs from
and is summarized by the relative value
Sf the two metals The value of the sill
,srer already coined and of that which
mav hereafter he coined, must be kept
constantly at mar with gold by every
rtsourca at our command. The credit
nY tha government the integrity of its
..urrancy and the invioIabilitv of its
cblip,Iions must he preserved. This
was tha commanding verdict of the
,,onIe and If will not he unbeeded.
Ecnnnmv is demanded in every
brarcb ~ the government at all times.
hui agnaclo1Iv in neriods like the pres-
out ~ dcnress,on in h,siness and dis
t,o,s ,r,arrr tbe neonIe The eeverest
a,,onon,,, mist ho ohserved in all NIB
n, avrondIIuree and eytrovapnnce
vented Wherever IN the future IL may