Semi-weekly interior journal. [volume] (Stanford, Ky.) 1881-1905, 1897-12-10
MCKINLEYiS MESSAGE.
PRINCIPAL POINTS OF THE PoNDERoUs
PRODUCTION.

I PRODUCTION.
After felicitating Congress on the
con 1itions, justifying sincere congratu-
lation and calling for our grateful ac-
acknowledgements To "a benifcent Provi-
dence, which has so signally blessed
and prospered us as nation and ex-
pressing sincere satisfaction over the
fraternal feeling existing between all
the sections OF our common country.
the president wades into the currency
question, which he regards as the most
important since tariff legislation has
been disposed Of
earnestly recommend, as soon as
the receipts OF the government are
quite sufficient 10 pay all the expenses.
OF the government that when any of the
United States notes are presented for
redemption in gold aud are redeemed
In gold, such notes shall be kept and
set apart and only paid out in exchange
for gold. This is an obvious duty. II
the holder OF the United States note
prefers the gold and gets it from the
government he should not receive back
from the government United States
note without paying gold In exchange
FOR IL.
| concur with the secretary of the
treasury In his recommendation that
National banks be allowed TO issue
notes TO the face value Of the bonds
which they have deposited for circula-
ton, and that the tax on circulating
notes secured by deposit OF such bonds
Toe reduced To one-half OF l per cent.
per annum. also join him in recon-
menting that authority be given for
the establishment of National banks
with minimum capital OF s2j, 900
This will enable the smaller villages
and agricultural regions of the country
To be supplied with currency to meet
their needs.
! | recommend that the issue of Ma
tional bank notes be restricted TO the
denomination of 80 and upward. II
the suggestions | have herein r,ade
shEl have the approval OF Congress,
then / would recommend that National
banks be required TO redeem their
notes in gold.
IL IL not wise 10 recognize the Cuban
insurgents as belligerents, at the pres
cnt time u it is to be seriously consid-
cred whether the insurrection possesses
beyond dispute the attributes OF State
hood which alone can demand the re-
cognition Of belligerency in its favor.
There should bc no interference in Gu.
ia until the new Spanish policy has
been given a fair trial. Forcible an.
nexation OF Cuba is impossible.
Sure OF the right, keeping free from
all oilense ourselves, acuated only by
upright and patriotic considerations,
moved neither by passion nor selfish
ness, the government will continue it's
watchful care over the rights and prop
erty OF American citizens, and will
abate none OF its efforts TO bring about
by peaceful agencies peace which
shall be honorable aud enduring. II it
shall hereafter appear 10 be the duty
| imposed by our obligations to our
selves, to civilization aud humanity, TO
Intervene with force, it shall be with
out fault on our part aud only because
the necessity for such action will be 30
clear as 10 command the support and
approval Of the civilized world
! II the treaty is confirmed, as every
consideration Of dignity and honor re-
/ quires, the wisdom of Congress will
| see To IL that avoiding abrupt assimi-
lation OF elements perhaps hardly yet
htted To share in the highest franchis-
es OF citizenship and having due regard
10 the geographical conditions, the
most just provisions for self-rule in To-
cal matters with the largest political
! liberties rs an integral part OF our ma
| tion will be accorded To the Hawaiians.
No less is due TO IA people who, after
nearly five years of demonstrated ca
pacity to fulfill the obligations of self
governing Statehood, come of their
free will TO merge their destinies in our
body polite.
IL gives me satisfaction TO state that
the special ENJOYS have already DEM
onstrated their ability and fitness TO
deal with the subject, aud it is to be
earnestly hoped that their labors may
result in an international agreement
which will bring about recognition OF
both gold and silver as money upon
such terms and with such safeguards
as will secure the use of both metals
upon basis which shall work no In
justice to any class of our citizens.
international arbitration can not be
omitted from the list of subjects claim
ing our consideration. Events have
only served to strengthen the general