Fergus County argus. [volume] (Lewistown, Mont.) 1886-1946, 1901-03-13
THE INAUGURAL ADDRESSES.
ncKinley Reviews Industrial Conditions and Affairs
With Foreign Powers in a Strong State Paper
--ROosevelt's Address Concerns the
Great Work Before Us.

Washington, March 1.-Ihc tnaug-
ural addresses Oi President Mckinley
and the brief speech Of Nicc-President
Roosevelt. made Immediately after
the oath was administered, follow.
President Mckinley said:
Ny Fellow Citlzcns.-When we
assembled here ON the 9Th Oi March,
1897, there was great anxiety with
regard 10 our currency and credit.
None exists row.. Thcnuur treasury
receipts Were inadequate 10 meet the
current obligations II the govern
mcnt. Now they ARE sufficient forall
public needs and we have Il surplus
instead OF n deficit. Then ] felt con-
strained toconyene congress in extra
ordinary session to devise revenues
to pay the ordinary expenses Of the
government. Now | have the salts
faction to announce that the on
grcss just closed has reduced taxa.
ton In the sun Of S4l ,OO0, 600. Then
there was deep sulicitude because OF
the long depression in our manuiac-
turing, mining, agricultural and mcr-
camille industries, and the consequent
distress OF our labUring population
Is crowded with activity; labor IL
well employed and American prod
ucts find good markets at home and
abroad. our diversified productions,
however, are increasing in such I'M
~precedcntcd volume as to admOnish
us Of the necessity Of still further
charging our foreign markets by
broader commercial relations. For
this purpose reciprocal trade arrange
ments with other nations should, In
liberal spirit, hc carefully cultivated
and promoted.
Use OF PtHLIC FUNDS.
The national verdict of 1896 has for
the most part been executed. What
ever remains uniulnlled Is n c%ontinu-
ing obligation resting with undimin.
ishcd force upon the executive and
the congress. But fortunate az our
condition IL, its %pcrmancnce n only
bc assured 10y sound business meth
DDS md strict economy in national
administration aud legislation. We
should not permit our great prosper
ity To lead us To reckless ventures in
business or proiilgacy in public ex-
~pcnditurcs. While the congress de-
termincs the objects and the sums Oi
appropriations, the officials of the
executive departments are RESPONSE
ale for honest and faithful disburso-
m,nt ana 1t should be their constant
care to avoid waste and eXtravu-
gancc.
Honesty, capacity and industry
are nowhere more Indispensable than
in public employment. These should
br fundamental requisites To original
appeal aud the surcst qua rautCcS
against removal.
Four years ago we stood ON the
brink oi war without the people
knowing II and without any prep
aration or effort ut preparation for
the impending peril. ! did all thntin
honor could bedune L avert the war,
but without avail. 1t became inev-
liable and the congress, mt its first
regular session, without party d.
vision. provided money In anticipa-
ton Of the crisis and In preparation
to meet IL. ltcamc. The result was
signally favorable to American arms
and in the highest degree honorable
to the government. ltimposed upon
us obligations from which wecnunut
escape and from which ii would he
dishOnOrablc To seek To escape. We
are now ut peace with the world and
IL Is my fcrveht prayer that ii differ
enccs arise between other powers
they may he settled by peaceful arbi-
tration and that hereafter We may
be spared the horrors ri war.
THE NATIONAL. POLICY.
Entruafpd lay the ppouip for "A sec