responsible for honest and faithful disbursement, and it should be
their constant care to avoid waste and extravagance.

Honesty, capacity, and industry are nowhere more indispensable than in
public employment. These should be fundamental requisites to original
appointment and the surest guaranties against removal.

Four years ago we stood on the brink of war without the people knowing
it and without any preparation or effort at preparation for the
impending peril. I did all that in honor could be done to avert the
war, but without avail. It became inevitable; and the Congress at its
first regular session, without party division, provided money in
anticipation of the crisis and in preparation to meet it. It came. The
result was signally favorable to American arms and in the highest
degree honorable to the Government. It imposed upon us obligations from
which we cannot escape and from which it would be dishonorable to seek
escape. We are now at peace with the world, and it is my fervent prayer
that if differences arise between us and other powers they may be
settled by peaceful arbitration and that hereafter we may be spared the
horrors of war.

Intrusted 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 my part to their faithful discharge and reverently 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 in their
performance I should have the co-operation 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