Daily independent. [volume] (Elko, Nev.) 188?-1915, 1897-03-05
MGKINLEY's INAUGURATIUN.

auguratlon OF President Mckinley
we're on a grand scale. He took tho
oath Of Office in tho presence of a
large concourse OF people. Follow
ing ID a synopsis of his address. ..
Fellow citizens: In obedience to
the will of the people. and In their
presence, and by the authority vested
in me by this oath, assume the ar
duous and responsible duties OF Pres
idert Of the United States, relying ON
the support OF my countrymen, and
invoking the guidance of Almighty
God. and our faith teaches that there
is no safer reliance than the God of
our fathers who has SO singularly
favored the a American people in every
national trial, and who will not fol-
sake us SO long rs we obey His COM
mandments and walk humbly in HIS
footsteps. The responsibility of tho
trust 10 which have been called, are
augmented by the prevailing business
conditions. ehtailiug idleness upou
willing labor and loss to useful enter
prises. The country is suffering from
industrial distur dances from which
speedy relief must be had. Our fl
nancial system needs some revision.
Several forms OF our paper money
otIer, III my judgment. constant EN-
barressment to the Government, and
require a safe balance in the treasury.
With adequate revenue assured,
and not till then, can We enter upon
such changes in our fiscal laws which
while insuring safety and volume, no
longer impose upon our Government
the necessity of maintaining large
gold reserve, with it's attendant and
inevitable temptations to speculation
1t is my intention to appoint COM
mission of trained men to consider
revision OF our national banking and
coming laws. the question OF inter-
national binetalism will have my
early and earnest attention. 1t will
be my constant endeavor to secure it
by cooperation with the other great
commercial powers OF the world.
The credit OF the Government, integ-
rity Of its currency and inviolability
to meet its obligations must he pre-
served. Economy is demanded in
every branch Of the Government at
all times, especially in periods Of bus
mess depression and distress. Econ
omy is demanded in all expenditures
and extravaganza stopped wherever
found.
The Government must not be per-
mItted to run behind or increase its
debt in times like the present. The
best way for the Government to
maintain its credit Is to pay as it
goes, and not be resort,rg to loans,
but by keeping out OF debt through
an adequate income secured by a
system of taxation, external or in.
ternal.
SPECIAL attention will be given to
the re-enactment and extention Of
the reciprocity law of 1890. The trial
given this legislation was 80 brief that
it is entitled to further experiment.
Lynching must not be tolerated
and the courts rnust execute the
penalties Of law. Immunity should be
granted to none who violate the laws.
whether individuals or corporations
or communities. Our naturalization
and immigration laws should be fur
Their improved, to the constant pro-
motion Of safer, better anu higher
citizenship. Reforms in civil service
should go on but the change must be
real and genuine, not prompted by
zeal on behalf of the party which
happens to be in power.
Congress should give close atten-
ton to our merchant service. Arbi-
tration is the truest settlement OF in
ternational "a well rs local or individ.
usl difficulties. 1 urge the early
action Of the Senate on the arbitra-
ton treaty now before it.