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INAUGURAL ADDRESS
OF WILLIAM M'KINLEY
conditions Now and Four
Years Ago Compared.
REDUCTION OF TAXATION
Aveiiin" itl Production Crowded \\ ill)
Activity— lielatlmi. of l ulled States
•\ i{it * lib.i l>> H ie.l-Optiiiiislie Out
ii~ to Philippines.
Washington. March I —The follow
ing is the lull text of the address deliv
ered by President M Kuilev today, oh
the occasion of his second inauguration:
My Follow Citizens. When we as
semble i here on March 4, 1597, there
was great turnery with regard to our
currency and credit. None exists now.
Then our treasury receipts were inade
quate to meet me current obligations of
tin- government. Now they are snffi
c.ent for ail public heeds, and we have
a surplus instead of a deficit. Then I
felt constrained to convene the*congress
in extraordinary session to devise reve
nues to pay the ordinary expenses of
tne government. Now 1 have the satis
diction to announce that tile congress
just closed has reduced taxation in the
sum of $41,000,000. Then there was a
deep solicitude because of the long de
pression of our manufacturing, mining,
agricultural and mercantile industries
and the consequent distress of our labor
ing population. Now every avenue of
production is crowded with activity,
labor is well employed and American
products find good markets at home and
abroad. Our diversified productions,
however, are increasing in such nnprece- :
dented volume as to admonish us of the
nece-sity of still further enlarging our
foreign markets by broader commercial
relations, l-or this purpose reciprocal
trade relations with other nations should j
in liberal spirit be carefully cultivated
and promoted.
I'he \a I ion 1 1 Verd let.
The national verdict of 189(!*for the
most part been executed.
Whatever remains unfilled is a contin
uing obligation, resting with nnduniu
ished force upon t4ie executive and the
congress. But, fortunate as our condi
tion is, its permanence can only lie as
sured by sound business methods and
strict economy m national administra
tion and legislation. We should not
permit our great prosperity to lead us to
reckless ventures in business or profli
gacy in public expenditure. While the
congress determines the objects and the
sum of appropriations, the officials of
the exuonnue departments are responsi
ble for houqsr and luithfuldisbursement,
and it should be their constant care to
avoid waste and extravagance.
Honesty, capacity, and industry are
now here more indispensable than in
public employment. These siHijnld be
fundamental requisites to original aji
poiutmeut and the surest guaruutee
agamst removal.
Our Foreign Relations.
i (
Four years ago we stood on the brick
of war without the people knowing it
and without any preparation or effort ut
preparation for the impending peril. 1
did all that iu honor could bo done to
avert the war, but without avail. It
became inevitable, and the congress, at
its first regular session', wkhout party
division, provided money in anticipa
tion of the crisis and in preparation to
meet it. It came. The result was sig
nally favorable to American arms ami
in the highest degree honorable to the
government. It imposed upon us obli
gations from which we cannot escape
and from which it would be dishonor
able to seek to escape. We are now ut
peace with the world, and it is my fer
vent prayer that if differences arise
between us and other powers they may
ibe settled by peaceful arbitration anti
that hereafter we may be spared the,
horrors of war.
Second I'erm.
Entrusted by the people for a second
time with the office of president, I enter
upon its administration appreciating the
great responsibilities which attach to
this renewed honor and commission,
promising unreserved devotion on iny
part to their faithful discharge a id rev
erently invoking for my guidance the
direction and favor of Almighty God.
I should shrink from the duties this day
assumed if I did not feel that iu their
performance I should have the co-cfpera
tion of the wise and patriotic men of all
parties. It encourages me for the great
task which I now undertake to believe
that those who voluntarily committed
to me the trust imposed upon the chief
executive of the republic will give to me
generous support to my duties to “pre
serve and defend the constitution of the
United States,” aud “to see that the
laws be fully executed. ” The national
purpose is indicated through a national
election. It is the constitutional method
of ascertaining the public will. When
once it is registered it is a law* to us all,
and faithful observance should follow
its decrees.
A Reunited Country.
Strong hearts and helpful hands are
needed, and fortunately we have them
in every part of our beloved country.
We are reunited. Sectionalism has dis
appeared. Division on public questions
can no longer be traced by the war maps
of 1861. These old differences less and
less disturb the judgment. Existing
problems demand the thought and
quicken the conscience of the country,
and the responsibility for their presence
as well as for their righteous settlement
rests upon us all—no more upon me
than upon you. There are some na
tional questions in the solution of which
patriotism should exclude partisanship.
Magnifying their difficulties will not
take them off our bauds nor facilitate
their adjustment. Distrust of the ca
pacity, integrity and high purposes of
the American people will not be an in
spiring tbeme for future political con
tests. Dark pictures and gloomy fore
bodings are worse than useless. These
only becloud, they do not help to point,
the way of safety aud honor.
“Hope Maketh >ot Ashamed.”
The prophets of evil were not the
builders of the republic, nor in its crisis
since have they saved or served it. The
faith of the fathers was a mighty force
in its creation and the faith of their de
scendants has wrought its progress and
furmshedit? defenders. They are ob-
would destroy confidence in the ability
of our people to solve wisely and for
civilization the mighty problems resting
noon them. The American people, in
trenched iu freedom at home, take their
I love for it with them wherever they go,
and they reject as mistaken and un
worthy the doctrine that we lose our
own liberties by securing the enduring
foundations of liberty 40 others. Our
institutions <v 111 not deteriorate by ex
tension aud our sense of justice will not
abate under tropic suns 111 distant seas.
As heretorore, so hereafter will the i:a
.loii demonstrate its fitness to adminis
ter any new estate which events devolve
upon it, and in the fear of God wiU
“rake occasion bv the nami and make
the bounds of freedom wider vet.”
If ther>- are those among us who
would make our wav more difficult we
tuunr not lie disheartened, bur the more
earnestly dedicate ourselves to the task
we have rightly entered. The path of
progress is seldom smooth. New things
are often found hard to do. Our fath
ers found them so. We find them so.
They are inconvenient. They cost us
something. But are we not made bet
ter lor the effort and sacrifice and are
uot those we serve lifted upand blessed?
Opposition <)veicome.
We will be consoled, too, with the
fact that opposition lias confronted
every movement of the republic from
its op -mug hour until now. hut without
success. The republic has marched on
and on, and its every step has exalted
freedom and humanity. We are under
going the same ordeal as did our prede
cessors nearly a century ago. We are
I following tile course they blazed. They
1 triumphed. Will fheir successors falter
I and plead organic impotency 111 the na
| rion? Surely after J 25 years of achieve
j merit for mankind we will not surren
der our equality with other powers on
matters fundamental aud essential to
nationality. With 110 such purpose was
die nation created. In no such spirit
has it developed its full and independ
ent sovereignty. We adhere to the
principle of equality among ourselves
and by no act or ours will we •assign to
our.--elves a subordinate rank in the fam
ily of nations.
My fellow citizens, the public events
of tile past four years have gone into
history. They are too near to justify
recital. Some of them were unforseeu ;
many of them momentous and far
reaching in their consequences to our
selves and to our relations with the rest
of the world. The part which the
United States bore so lioncyably iu the
thrilling scenes in China, while new to
American life, lias been in harmony
with its true spirit and best traditions
and its dealing with the results of its
policy will be that of moderation aud
fairness.
Relations With Cuba.
We face at this moment a most im
portant question—that of the future re
lations of the United States with Cuba.
With our near neighbors we must re
main close friends. The declaration of
the purposes of this government in the
resolution of April 20, must be
made good. Ever since the evacuation
of the island by th" army of Seam, the
executive, with all practicable speed,
has been assisting its people iu the suc
cessive steps necessary to the establish
ment of a free and independent govern
ment, prepared to assume and perform
the obligations of international law
which now rest upon the United States
under tlie treaty of Paris. The conven
tion elected by the people to frame a
constitution is approaching the comple
tion of its libors.
The trausier of American control to
the new government is of such great
importance, involving an obligation re
sulting from our intervention and the
treaty of peace, Miat I am glad to be ad
vised by tiie recent act of congress of
the policy which the legislative branch
of the government deems essential to
the best interests of Cuba uud the
United States. The principles which
led to our intervention require that thq
fundamental law upon wuieh the new
government rests should be adapted to
secure a government capable of per
forming the duties and discharging the
functions of a separate nation, of ob
serving its international obligations, of
protecting life and property, insuring
order, safety aud liberty and conform
ing to the established uud historical pol
icy of the United States in its relation
to Cuba.
The peace which we are pledged to
leave to the Cuban people must carry
with it the guarantees of permanence.
We become sponsors for the pacification
of the island, aud we remain account
able to the Cubans, no less than to our
own country aud people, for the recon
struction of Cuba as a free common
wealth, on abiding foundations of right,
justice, liberty aud assured order. Our
enfranchisement of the people will not
be completed until free Cuba shall “be
a reality, npt a uame; a perfect entity,
not a hasty experiment beariug within
itself the elements of failure.”
Tile Philippine Islands.
While the treaty of peace with Spain
was ratified on Feb. 6, 1899, and ratifi
cations were exchanged nearly two years
ago, the congress has indicated no form
of government for the Philippine is
lands. It has, however, provided an
army to enable the executive to suppress
insurrection, restore peace, give security
to the inhabitants and establish the
authority of the United States through
out the archipelago. It has authorized
the organization of native troops as
auxiliary to the regular force. It has
been advised frome time to time of the
acts of the military aud naval
officers iu the island, of my action in
i appointing civil commisisous, of the in
structions with which they were
! charged, of their duties and powers, of
their recommendations, aud of the sev-
I eral acts under executive commission,
j together with the very complete general
information they have submitted,
j These reports fully set forth the condi
tions, past and present, in the islands,
aud the instructions clearly show the
■ principles which will guide the execu
-1 tive until the congress shall, as it is re-
I quired to do by the treaty, determine
i “the civil rights and political status of
| the native inhabitants.”
i.ocal Seif (iovernmeiit.
The congress having added the sanc
tion of its authority to the powers al
ready possessed and exercised by the ex
ecutive uuder tbe constitution, thereby
leaving wish the executive the responsi
bility for the government of tbe Philip
pines, I shall continue the efforts already
begun until order shall be restored
throughout the islauds.and as fast as con
ditions permit will establish local gov
ernments, in the formation of which the
full co-operation of the people has been
already luvited, and when established
to administer
THE WEEKLY NEWS. CARTERSVILLF, GA
them. The settle ! purpose, long ago
prevailed, to afford tne inhabitants of
the islands self government a* fast as
they were ready lor it, will be pursued
with earnestness aud fine H?
Mood Results Already.
Already something has been accom
plished iu this direction. The govern
ment’s representatives, civil and mili
tary, are doing faithful and noble work
111 their mission of emancipation and
merit rhe approval aud support of their
countrymen. Ihe most liberal terms 01
amnesty have already been communi
cated to the insurgents, aud ‘the way is
still open for tno>e who have raised
their arms against the government f r
honorable submission to its authority.
Our countrymen should not be deceived.
We are not waging war against the in
habitants of the Philippine islands. A
portion of them are making war against
tlie United States.
By tar the greater part of the inhabi
tants recognize American sovereignty
and w' lt'Otne it as a guaranty of order
and of security for life, property, lib
erty, lreedom of conscience and the pur
suit of happiness. To them full protec
tion will be given. They shall not be
abandoned. We will not leave the des
tiny of the loyal millions of the islands
to the disloyal thousands who are in re
bellion against the United States.
Order under civil institutions will
come as soon as who now breffk
the peace shall keep it. Force will not
be needed or used when those who make
war against us shall make it mi
more. May it end without further
bloodshed and there be ushered in rhe
reign of peace to be made permanent by
a government of liberty under the law.
VICE PRESIDENT INDUCTED
Colonel Roosevelt Delivers llis In
augural Address.
Washington, Mftrch 4. —Standing on
a spot hallowed by history and in the
presence of a brilliant and disciplined
asserfiblagt, Colonel Roosevelt of New
York today was inducted into the.office
oj vice president of the United States,
lue oath, the taking of which places
Mr. Roosevelt in the van of a long list
of eminent patriots and statesmen, was
administered by Senator William P.
Frye of Maine, president pro tern of the
United Status senate. The ceremony
was thoroughly democratic,.yet m it:
very simplicity very impressive.
The president of the United States
was there, senators and representatives,
members of the supremo court of the
United States, governors of many states,
members of the diplomatic corps, army
aud navy officers aud jneu distinguished
in all the walks of life were passive par
ticipants in the ceremony. The galler
ies presented a spectacle of marvelous
beauty, the hundreds of brilliantly at
tir.ul women lending a color scene to the
almost too somber surroundings.
As the new vice president dropped the
hand of reuator Frye he glanced up
ward at his wife, seated in the execu
tive gallery. She was the first of whom
he thought in this motneutous hour,
aud to her ho looked for inspiration.
An instant later the vigorous American
aud man* of letters aud of affairs faced
the United States senate for the first
time as its presiding officer.
Vice President’s Adilree.
After taking the oath of office, Vice
President^Roosevelt addressed the senate
as follows:
“The history of free government is in
large part the history of those republic
legislative bodies, iu which, from the
earliest time, free government has found
its loftiest expression. They must ever
hold a peculiar and exalted position in
the records which tells how the great
nations of the world have endeavored tc
acheive and preserve orderly freedom.
No man can render to his fellow greater
service than is rendered by him who fear*
lessivess aud honestly, with sanity and
disinterestedness, does his life as work
a memoer of such a body. Esj eceially
is this the case when the legislature
iu which the service is rendered
is a vital part in the governmental ma
chinery of one of those world powers tc
whose hands, in the course of the ages,
is entrusted a leading part iu shaping
the destinies of mankind.
“FY>r weal or for woe, for good or for
evil, this is true of our own mighty na
tiou. Great privileges and great pow
ers are ours, and heavy are the respon
sibilities that go with these privileges
and these powers. Accordingly as w
do well or ill, so shall mankind in the
future be raised or east down. We be
long to a young nation, already of giant
strength, yet whose present strength is
but a forecast of the power that is to
come. We stand supreme in a conti
nent, in a hemisphere. East and west
we look across the two great oceans to
ward the larger world life in which,
whether we will or not, we must take
au ever increasing share. And as, keen
eyed, we gaze into the coming, years,
duties new and old rise thick and fast
to confront, us from within and without.
“There is every reason why we should
face these duties with a sober apprecia
tion alike of their importance aud oi
their'difficulty. But there is also every
reason for facing them with high-heart
ed resolution aud eager and confident
faith in our capacity to do them aright.
A great work lies ready to the hand of
this generation; it should count itsell
happv indeed that to it is given the
privilege of doing such a work. A lead
ing part therein mu%t be taken by this,
the august aud powerful legislative
body over which I have been called tc
preside. •
“Most deeply do I appreciate the
privilege of my position, for high in
deed is the honor of presiding over the
American senate at the outset of this
tweutieth century.”
The Xew Senate.
Washington, March 4. —Vice Presi
dent Roosevelt called the new senate to
order aud administered the oath to the
newly elected senators.
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EVERY TEST——
WE m PROUD
0
ot our new spring
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RIGS
m
TOO MUCH TAXATION
FOR PORTO RIGANS
Islanders Make a Vigorous
Kick In Washington.
THREE TAXES COLLECTED
Business Paralyzed and the Principal
industries Are !o Heavily Taxed
That Their Production Is Practically
Prohibited.
Washington, March 11. —The presi
dent this morning granted a special au
dience to Messrs. Winceslay Borda, Jr.,
and Vincente Baibas, members of the
Porto Kicau commission which appeared
at a massmeeting of the citizens of the
island held at San Juan Feb. 2 to pro
test against the law by the legislature
known as the Hollander bill. This
measures provides for a revenue "by tax
ing property and excise taxes. Messrs.
Borda and Baibas were accompanied by
Mr. Freeman Halstead, the secretary of
the commission, M. Pedro Salazdr, third
commissioner, being detained m New
York.
Tbe commissioners presented a formal
protest, which enumerated a series of
18 objections to the law. It is contended
that there exists today in Porto Rico
three taxes levied and collected for the
same purpose, from “the impoverished
pockets of the people,” viz: the new ex
cise taxes under the Hollander law, the
old insular and municipal taxes and the
customs duties under the Porto Rican
civil government act. Any of these, it
is held, is sufficient to cover the budget.
State of Impoverishment.
Under the bill $50,000 or more will be
collected semiannually, in advance,
thereby, the protest says, lessening the
money in circulation (of which there is
less than 12,000,000) and producing a
state of impoverishment and business
stagnation, as the taxes are collected* by
summary process. It is asserted that
the measure is both an income and a
property tax law, and that two of the
principal industries of the island, rum
and tobacco, are taxed so heavily that,
their production under present condi
tions is practically prohibited.
It is alleged that the only standard
valuation of property will be the per
sonal opinion of the assessors, and. as
they may be appointed by political favor
there is a danger of injustice to a large
section of the community from excessive
valuations.
From the fact that no municipal
budgets have been prepared aud no re
liable estimate of the value of the taxa
ble property of the island has been
made, the great mass of the property
owners believe, it is said, that the inter
est of the islands will be better con
served by a continuance under the pres
ent law. which has worked well to the
present time.
Objection to the Law.
The people of Porto Rioo, the protest
sets forth, are ready aud willing to meet
all taxes necessary for the maintenance
of order, justice and good jgoyernmens;
tor quality and durability, has been given
the m chinery which we sell and recommend,
1 ied and true makes are the only ones
good enough tor our customers.
KNIGHT HARDWARE CO
bat they strenuously übj *et to a tax law
tin- amount o. xvhicn is uncertain, since
no valuation of property has ever been
made in the island, and which iias been
imposed upon them without due regard
to tile actual conditionsof rheeonurry or
the necessities of the taxpayers, aud in
a manner which severely oppresses the
wealthy producers of Porto Rico at a
time when the island has not yet recov
ered from the ruinous effects of the hur
ricane aud from the reduction of its cir
culating medium by the exchange of
the provincial money for the United
States currency, still further reduced by
excesses of imports over exports.
Relief Asked.
The commissioners ask the president
that Governor Allen be directed to call
a special session of the legislature to
amend the law iu a manner which will
relieve the people of the burdens com
plained of, and that the governor be di
rected to exercise care in the appoint
ment of the assessors.
The commissioners also presented a
petition of bankers, merchants and och
er business men of New York aud Phil
adelphia, praying that the protest be
given due cousideratiou.
DAILY MARKET REPORTS.
•'OTTOX FUTURES.
Xew Yore March 11 —Cotton :utures
opened steady.
OPEN CLOSE
January ....
rebruary ....
Marca 831 .... 8.3s
Aprd 8.45 8.35
May 8.51 .... 8.32
June 8.51 8.40
Juiy 8.55 8 43
August 8.25 8.15
ceptemoer 7>o .... 7.77
Uctooer TTU 7.08
November I.> .... 7.5a
Decemoer 788 .... 7.54
Spot cotton ruled weak and irregular;
middling uplands. 8%: middling gulf, vc.
1 1KA1X AN*[i PROVISION'S.
Chicago. March 11. open closs
VVHJEAT—March .... 13 7 *
April , .... 74%
May ■&/&% .... -5%
CORN —.March .... 3i
Mav 40'/till 40%
OATS—March .... 23%
May '-4%
JrOßK.—March .... 14. b
May 4 80 .... h.l.'j
oAUD —March ...,7. 2%
May r 55 .... 1.55
RlßS—March .. .• 7.20
May 7.20 .... 7.-J5
fceptember ....7 32%
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WANT COLUMN.
and advertisements of a similar nature will be ir|
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2s r ceats aCh ' nSert ' on ' Noihil,K *** that!
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