The Marlboro democrat. [volume] (Bennettsville, S.C.) 1882-1908, 1897-03-10
'M,l'yKI,NLE M /, US INAUGURAL.
TIL & FRE EslD ENTS o ouTLlNES THE POL.
sSSs2sS 10Y III e will PURSUE.


10Y HE Will. PU PURS UE. #
B 8Dofioit In tho Troasury nIuSt DO Avoided.
5S II IxpsDses 4Aro Not Dooreasod Iseoe ipts
Must bo Enlerged Monetary Commission
Suggested :. Lynchings Oondomnod.
Y Ii 'WAsrlJNdTo TON, March4 4 The follow
ing is the full text OF President Nc
Kinleys inaugural address:
's Yellow. citizens: In obedience to the
Will OF the people and in their presence
by the authority vested in mo by this
\ oath, | assume tho arduous and re-.
spOnsible duties of President of the
United States, relying on the support
OF my countrymen and invoking tho
guidance of Almighty God. Our
faith teaches that there is no safer ro-
y lance than upon the God OF our faith
h ers, who has SO singularly favored the
American people in every national
trial and who will not forsake us 50
long as we obey His commandments
The RESPONSIBILITIES of the high trust
n OF grave Importance are augmented
q NY VAO PIOfOtlAAk ONOAAACOn SOiAAACAoucs
entailing idleness upon willing labor
and loss to useful enterprises. The
country is suffering from industrial
disturbances from which speedy relief
must be had. Our financial system
needs some revision. Our money is
all good now, but its value must not
be further Threatened. It should all
4 be put upon an enduring basis, not
B subject to easy attack nor its stability
to doubt or dispute.
Our currency should continue un-
der the supervision Of the govern
ment. The several forms of our paper
money offer, in my judgment, a con-
stant embarrassment to the govern
mont and q safe balance in the treasury.
Therefore, I believe it necessary to de
wise asystem which, without diminish.
ing the circulating medium, or olfer-
ing premium for its contraction,
& will present remedy for those ar
rangements which, temporary in their
nature, might we'll in the years Of our
prosperity have been displaced by wis.
or provisions. With adequate rove.
nue. secured, but not until then, we
can enter upon such changes in our
fiscal laws as will, while ensuring
safety and volume to our money, no
longer impose upon tho government
the necessity of maintaining SO large
a gold reserve, with its attendant and
Inevitable temptations to speculation.
Most of our financials laws are the
OutgrOWth of experience and trial and
should not be amended without inves-'
tigation, and demonstration of the
wisdom cf the proposed charges. We
must be both sure we are right and
make haste slowly" If, therefore,
Congress in it's wisdom shall deem it
expedient to create commission to
take under carly consideration the re-
vision Of our coinage, banking and
currency laws and give them that ex
haustive, careful and dispassionate eX.
animation, that their Importance de.
mands, I shall cordially concur in
such action. If such power is vested
in the President it is my purpose to
appoint commission of prominent,
well.informed citizens OF different
parties who will command public con-
idence both on account of their abili-
ty and special fitness for the work.
Business experience and public train
ing may thus be combined and the pa
triotic zeal of the friends of the coun-
try be so directed that such report
be made as to receive the support of
all parties and our finances cease to be
the subject Of mere partisan conten-
ton. The experiment is, at all events,
5woeth o trial and, in my opinion, it
b can but prove beneficial to tho entire
4 country. +
The question OF international bimet.
allism will have early and earnest
\ attention. 1t will be my constant en-.
deavor to secure it by cooperation
with the other great commercial pow
ers of the world. Until that con
Z dition is reslized when tho parity
4 between our gold and silver money
springs from and is supported by the
relative value of the two metals, the
value Of the silver already coined and
that which may hereafter be 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 aud the
inviolability Of its obligation must be
preserved. This was the common
verdict of the people and it will not be
unheeded
ECONOMY is demanded in every
branch Of the government at all times,
but especially in periods like the pres
ent of depression in business and dis.
tress among the people. The severest
economy must be observed in all pub.
lie expenditures and extravaganza
stopped wherever it is found and pre-
vented wherever in tho future it may
be developed. If the revenues are to
remain as now, the only relief that
can come must be from decreased OK
penditures. But the present must not
become the permanent condition of the
government. 1t has been our uniform
practice to retire. not increase, our
outstanding obligations, and this poll
cy must again be resumed and vigor-
Ously enforced. Our revenues should
always be large enough to meet with
ease and promptness not only our cur
rent needs but the principal and inter
eat Of the public debt, but to make
proper and liberal provisions for that
most deserving body OF public credi.
tors, the soldiers and sailors and the
widows and orphans who are the pom
siOners of the United States.
The government should not be per-
mitted to run behind or increase its
debt in times like the present. Suita.
bly, to provide against this is man
date duty. There is certain end
easy remedy for most of our Fl.
nancial difficulties. a deficiency is
inevitable so long as the expenditures
OF the government exceed its receipts.
It can only be met by loans or an in
creased revenue. While large an
n1a1 alIrn1,Io Of rauapno NAV invita-