y convertible into coin.

I adhere to the views heretofore expressed by me in favor of
Congressional legislation in behalf of an early resumption of specie
payments, and I am satisfied not only that this is wise, but that the
interests, as well as the public sentiment, of the country imperatively
demand it.

Passing from these remarks upon the condition of our own country
to consider our relations with other lands, we are reminded by the
international complications abroad, threatening the peace of Europe,
that our traditional rule of noninterference in the affairs of foreign
nations has proved of great value in past times and ought to be strictly
observed.

The policy inaugurated by my honored predecessor, President Grant, of
submitting to arbitration grave questions in dispute between ourselves
and foreign powers points to a new, and incomparably the best,
instrumentality for the preservation of peace, and will, as I believe,
become a beneficent example of the course to be pursued in similar
emergencies by other nations.

If, unhappily, questions of difference should at any time during the
period of my Administration arise between the United States and any
foreign government, it will certainly be my disposition and my hope to
aid in their settlement in the same peaceful and honorable way, thus
securing to our country the great blessings of peace and mutual good
offices with all the nations of the world.

Fellow-citizens, we have reached the close of a political contest marked
by the excitement which usually attends the contests between great
political parties whose members espouse and advocate with earnest faith
their respective creeds. The circumstances were, perhaps, in no respect
extraordinary save in the closeness and the consequent uncertainty of
the result.

For the first time in the history of the country it has been deemed
best, in view of the peculiar circumstances of the case, that the
objections and questions in dispute with reference to the counting of
the electoral votes should be referred to the decision of a tribunal
appointed for this purpose.

That tribunal--established by law for this sole purpose; its members,
all of them, men of long-established reputation for integrity and
intelligence, and, with the exception of those who are also members of
the supreme judiciary, chosen equally from both political parties; its
deliberations enlightened by the research and the arguments of able
counsel--