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US Presidential Inaugural Addresses by Various
page 227 of 440 (51%)
opinion, it can but prove beneficial to the entire country.

The question of international bimetallism will have early and earnest
attention. It will be my constant endeavor to secure it by co-operation
with the other great commercial powers of the world. Until that
condition is realized when the parity 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 of that which may hereafter
be coined, must be kept constantly at par with gold by every resource
at our command. The credit of the Government, the integrity of its
currency, and the inviolability of its obligations must be preserved.
This was the commanding 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 present, of depression in business and
distress among the people. The severest economy must be observed in all
public expenditures, and extravagance stopped wherever it is found, and
prevented wherever in the future it may be developed. If the revenues
are to remain as now, the only relief that can come must be from
decreased expenditures. But the present must not become the permanent
condition of the Government. It has been our uniform practice to
retire, not increase our outstanding obligations, and this policy must
again be resumed and vigorously enforced. Our revenues should always be
large enough to meet with ease and promptness not only our current
needs and the principal and interest of the public debt, but to make
proper and liberal provision for that most deserving body of public
creditors, the soldiers and sailors and the widows and orphans who are
the pensioners of the United States.

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