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b- - -. - ,d sit adl - . -jpy - - - r:n~ -.63r 00 We will cling to the Pillars df 6ie Temple of our Libeirtles; ab if it must rl'a irii Perish amidst thie Runs. - . d or e VOLU I atiel. (3 OIRVt 1a18 e,. n. E. lile ) ty - 14. 18-DGEFIE LD AD V EIRTISE BY W. F. DURISE, PtoPIUETOR NEW TERMS. T1wo-DoLLARS and FIFTt CENTS. per*nnini,! if paid in auvance $?i if not paid within six niontlis from the date of subscription. and S4 if nt paid before the expirattion of the year. All snbscriptions will he contiiuted. iatnless otierwise ordered before the expira tion of the year; but no paper will he discon tied until all arrentrages are paid. unless at the option of the Publisher. 1 Any person procurinz five responsible Suob scribers, shall receive the paper for one year, gratis. ADVERTISFMF.NITS conspictionely inserted at 62. cents per squaaro. (12 lines. or less,) Ir the first insertimn. and 43. for each coatiuanance. Those published monthly, or quarterly. will be charged $1 per square \dvertiseenits not having thaw-unher of insertions narked tteuvrilf be continuted until ordered ott. and charged accordinglv. All comnuntaaications. post paid, will be prompt. ly anti strictly attended to. ExTRACTS FRO51 TuL PRESieNIT'S Ms.UGL. To the Scnate and House of . Reprrsculatives of the United S.ates: ' We have continuted cause for expressite our gratitude to the Supreme Ruler of the Uoiverse for the benefits and blessings which our country. utnder his kind Pisovi 4lence, has enjoyed during the past year. Notwithstanding the exciting scenes ihro' which we have passed. nothing has oc curred to distturb the general peace, or to derange tle harnonty of our political system. The great tmoral spectacle has been exhibited of a na1tnh. approximuia ting in number to 20,000 000 titf Iople having pierformed the high and irr portatt function of electing their Chief Magistrate for the term of four years. nithout the commission of any act ofvitle ce. or the manifestation of o spirit of insubordina. tion to the laws... The great and intesti inable right of suIrag. has been exercised by all n ho were invested with i1. under the lawo s of the difierent States, in a spiri dictated alone by u desire. in the selerttoo of the ag.ent, to advance the interests of the country. and to place beyondjeapardy the institutions.under which it is our hap pines to live.,- That tle deepe-st itterest has been manifested by all our country men in the result of tie election, is no,I less true than highly creditable to them. Al IV 0 0 There has been no material change in our foreign relations since ny h:st Annual Message to Congress. With all the Pow crs of Europe we cousine on the nstimi friendly termxus. Indeetd. it aflrds ie much satisfaction to state. that at i> for mer period has the peace of i1 it enalighi ened and imiportant quarter of the globe ever been, aiparenily, more firmly estab lished. * * * Since th.- cbse of your last session, a ne otiation has been formally entered upon between the Sec-r'tary of Stae and her Britannic Majest%'s Minister Plenipoten tiary and Envoy Extraordinary residing in %! astington, relative to the- rights of their respective naions itn and liver the -Oregon territory. That negoatiion is sill peadin6. Sould it, duritng your s's sion, he brought to a defittive conaclusion the result aotl lie promptly comin icite.I El Cosngress. I wollid. anowever againa c.4 y 'ur steution o tie reeo.taineidanoataa.s I conataed in previous miee-sa-s. desinedl to protect aid fazcittie ea.igra ion it that Territory. The estatiistin-ni of :ilitar% potits at suitable poittts upon ate ex:el-d line of lanud travel, vwould cuable Jur" ei: zens to nigrate in comparative saletv to the fertile regitins below the falls ofthe Columbia, and maske the provisioan ofthe existing convention for lii- jt int occuat ,a tOton o1 the Te'rri'ory, by .ubhj.eats of Greazt Britain, and the citizetls of 'lie Uited States, snore availabale thasn teretnfatre to places of resr for the weary emnigraint, where he wouuldl be shielited secuarely from the lutdians. and he~ enaabled to re cover fromt the exhaustation ttf a long line of travel. Legislative enactmnents shsouldl also tie made which should sprend over him the wgis of our laws, so as to afford protection to hts person and property when he shall have reached his distant haomae. to this latter respect, the British Govern mnut hats been tmuch tmore careful of the iateresss of such of her people as tare to be foutnd in~that country ahun the United States. She hats moade tnecessary provis siotn for their seCurity at:d proteCtiona against the acts of the viciously dlisponsed aind lay Ies; and ber emigrants retpoises in iuafelv under the panoply of her la ws. * * it would have given tao the greatest gratification, in this may lauw aninaal comn mnunicationl to Csongress. to have baen able to announce io y ou t he compillete ;and ten tire settlement atnd atdjustmenct oaf other matters in difierence between tht United States and the Gnveraanmetnt of Her PBritan-. ic Majest y, wiir were adlverted to in a previous 'Mlessage. It is .,o obaviounsly the inte rest of botha countries it respect to the large and vailuuable ctommaerce which exists betwaeeni them that all causes of ctmiplaint. however inconsitderabale, shaould be with the greatest promnpaitutle, removed, -that iitamust be regarded as cause of re gret, that ay unanecessary delays should be perined toa imervene. I is trite. th-t int a pecuniary point sif view,-the matters alluaded to, are altogethIer.~itasinificie~nt to amounotwnea compared with ihe~ttm pie resources of that great tnation;- butthbey naethertheles, mtore patrtienalarly that limnite; ed class wh lich arise unde~r seizuroat and detetions of Americant shipsotn the. cuast of Afriea,. nyotn ithe tiistakena stuppoittn indulged iivat theo ime the wrong was -...r. committed, of their being engaged in t1 slave trade,-deeply affeet the seusibiliti. of thia Government and the people. Great Briian having recognised her i'esponsi biliiv to repair all such wrongs by her actiom in othr cases, leaves nothing to be regretted upon the subject. ais to all cases prior to the Treaty of Vashington. tihan the delay in making suitable reparatioh in such of them as fall plainly Unithin th principle of others. which she has lon. since adjuisted. The injury inflicted by delays in the settleten of these clains fall- vith severity upon the iudividual claimants, and makes - a strong appeal to her maguanimity and sense ofjustice for a speedy settlemeni.-Other maiters arising oaat of the contsarnet ion of existing treatise also remain uiadjusted. and will continue to be urged upun her attention. The laborers of the joint commission appointed by the two Gov.-rnments.'o run the dividing line, estahlished by the Trea ty of Washington, were unfortunately, much delayed in the commencenent of the season, by the failure of Congress. at the last session, to make a iiniely appro priation of funds to mteet the expenses of the American party, and by other causes. The United States Comraissioner, how - eaer expresses his expectation that, by increased diligence and energy, the party will be able to inake up for lost time. We continue to recieve assuranes of the most friendly feelings on the Part of all the other European Po% ers; with each and all whom it is so obvionsly our inter est to cultivate t'6e mtost amicable relations. f[ ny last Annual Message, I felt it to be my duty to make known to Congress, in terms both plain and emphatic, my pinion in regard to tae war which tas so Io e existed between Mexico and Texas; which, since the battle (if San Jacinto, has consisted altogether of predatory incur sions- attended by circumstances revolting to humanity. I repeat now, what 1 'hen aid, that, after eight years of feeble and tnefflctual efflorts to recover Texas. it was 'tme that the war should have ceased. The United States had a direct interest in he question.-The contiguity of the two ;tions toour territory was but too Wtell :alcnlated to involve our peace. Unjust mspiious were engendered in the mind of tne or the other of the belligerents against is; and, as a necessary consequence, American interests were made to suffer. ne't our pence becauqe daily enidnogered. In addition to whiM. i: must have been Obvious to all that the exhattsion prAdced )y the war, subjected both Mexico and 'exas to thn interference of other powar ; k hich, without e he interposition of ethr Govertitw . might eventuat. in the most ,eriou injury to the Uaiaed States "' 0 Cevernmeur. from time to time, exerted is friendly offices to bring about a termi antion of hostilities upon terms honora le alilee to both the belligerents. Its ef. 'oris in this behalf proved unavailing. 'lexico seemed, almost without an olet. :o persevere in the war, and no other ilernative was left the Executive but ta ake advantage of the well known dispo itions of Texas, and to invite her to qver into a treaty for annexing her territory - that of the United States. Since your last session, Mexico has heateted to renew the war, ana has ei nadc. or proposes to anke, formidable reparatius far invading Texas. She aVt is,ued decrees and proclamations, pre tarations to the commencement of liostili es, full af threats, revoltinag to humanity nd m hich. if carried into effect. would rouse the atteation of all Christendom. 'his new demons:ration of feeling. there s too much reason fu believe, has been roduced in contsequence of t he negotiation ith Texas. The Exeruaive. therefore, aatild anot he indaill'erent to such proceedings; sna it felt to tbe date, as well to itself, as to hae honor otf the coumry. that a strong rep rescntationt should be made to alhn Alexi en Goavernment upon the subject. Thais was accordinigly done ; as will he seen by Lthe copy of thte accompanying despatch rromn the Secretarv of State to the United St attes lanvoy at Miexico. Mlexico has no right to'leoptard the peace of the world by trging ainy longer, a useless anad faithless contest. Sucha a condition of things would not he tolerated Ont the Europeaar conti nent. Whv should it beeon this I A war of desolattioi such as is now thtreated by Alexico, canniot be 'vaged withoaa - invol ing our peace and tratnquility.: it i, idle to believe that such a watrcould be looked tuponi with-indiffere~nce by our own citi zeus, inhabiting adijoining States : atnd our neutrality would be violated, despite ofal! elforts on the part of th'o Goverment to prevetat it. The country is settled by em igrants from the Untited States. under invi fitions held out to them by Spaitn atnd Mf xw'o. Those emigrants~ have. left be hinl-them friends and relatives who would not fail to sympathiso withthaem in their difficulties, and who would he led by those syinpathties. to participate in their struggles. however energ,aie the actton of Gorvernmetnt to- preven~it :-Nor would the numerospnad~ formaidablebhandso [an dians, theniiomiiaiiliketo~b botdsnnm landwhi liggairs Missouri,: andtI vaunodi' ltrge tracsae lfirii Te ss ho likely) .tp:1q9sv. T1he nlinattons of thog Rtribes' leadt hm invarailtoi end ve:pretexts eoist Miexicr had-t ~ dfdispleasure against thsG9Ei~reople for ne gicttnug Wha .. interest of lijs-a s aed Sli ti'eaty?-She was deip e mg dii ince Texas was Inst to bo-Te independence of Texas was recognized by several of the leading powers of the earth. She was free 'o treal-free to adopt her own line of policy -free to take the cour.e which ihe belii ved %%as best.calculated to secure her hap piness. Her Governaient and People de cided on annexation to the U. Siates; and tie Executive raw, in the acquisition-of such a territorY, the means of advancing their perman: nt happiness . and glory. What principle of good faith then .was violated? what rule of political morals trampled under root? So far as Mexico herself was concernedi tile measure should have been regarded by her as highly bene ficial. Her inability to reconquer Texas had been exhibited, I repeat. by eight not* nine-, ears of fruitless and ruinous contest. In the meantime. Texas has been grow ing in population and resources. Emigretion has flowed into her :erritory, from all parts of the word, in a curren which contiones to increase in strength Mexico requires a perisatent hoondary between that young republic -tld herself. Texas, at no distant day, if she continues separate and detached from the United States. will inevitably seek to consolidate h r strength ty adding to her domain tie contiguous provinces of Mexico. The spiri nf revolt rrom the control of the Central Government has. herett fodre, man ifested itselfin some of those provinces; and it is ''ir to infer that they would be in elined to tatce the first favorable opportu nity to proclaim their independence, -and to form close alliances with Texas. The war would thus be endless; or. ifcesoationq of hoqtilittea should occur. they would only endure for a season. The interests, of Mexico, therefore, could in nothing be better consulted than in a peace with her neighbors. which would result in the es talishiment of a parmenent boundary. Upon the ratification of tite treaty, tlie Ex ecutive was prepared to treat with her ont the most liberal b-tsis. Hence the bouu (aries of Texas were left undefined by the treaty. The Executive proposed to settle these upon terms that all the world should havd pronounced Just and reasonable. No tiegatiation upon that point could have been undertaken between the United States and Mexico. in advance nf the ratification or the ireaty. We should have had no right-no power-no authority to have conducted such a negotiation; and to have undertaken it would have been an assunp tion eqatlly revolting to the pride of Mexi en and Texas, and subjecting us to the charge of arrogance; while to have propo sed in advance of annexation, to satisfy Mexico for any contingent interest she might have in Texas. would have been to have treated Texas not as an independent power, bu-as a mere dependency of Mex ico. This assumption could not have been acted otn bv the Executive, without setting at definnce your own solemn declaration that that Republic was an independent State. Mexico had. it is true, threatened wa azainat the U. States, in the event the treaty of atnexation was ratified. The Executive could not permit itself to be influenced by this threat. It represented in this the spirit of our people, who are ready to sacrifice much for peace. but no thing to ittimidation. A war, under any circumstances, is greatly to be depinred. and the United States is the last nation to desire it; but if. as the condition of petce, it be required of un to forego the uiques tionahle rigt tf treating with an indepen dent power, of our owti ctilitient, upon matters highly interesting to both, and that upot a naked and unsustairted pretensions of clain by a third power, to control tle free will of the ptower with whonm we treat-devoted as we may be to peace. a d anxious to cultivate friendly relations with the whole world. the Ext-cutive does, not hesitnte to say that the people of thtt Utited States would be ready to brave all cotnseg--nces, sooner than submit to queht condititon. But no apprehension of war was entertained by the Executive. and I must express frankly the opinion. thai bad the treaty been ratified by'thte Sentate it wouldi have been followed by a prompt settlement, to the entire satisfacetion of' Mexich, of every matmer in difference be ween the two cotntries. Seeing, then, that new preparations ''or hostile intasiott of Texas were about to be atdopted by Mex ico, and these were brought abput he'causze Texas Itas adnpted..the suggestiooftthe E xecutive uipon the subject of annexarioon. it could not passively have folded ita arms and permitted a war, threatened to be at' cotpanied by every tret thtat ~ould tmark a barbarous age, to bej'waged againsr her. beause she had done 'so. 'Ot:her considerations of acoeditarlio" character influenced the course of the Ex ecutive; The treaty w~hich hiad thus beroi negtiatedhad failed to receive 'he rutifi cntiottof the Senate. Onto of the- chief ojetions which were utrged against it. wa found to consist in the fact, that the qestiont of antnexation had not been sutb mittetd to the ordeal of public opinlioni in the United State-. Hrwever untentatle such an ohjectott was esteemed to be. in view of the unquestionable po'ver ofthet Eecitive to negotiate the treaty. and the et and lastinug interests involved in the guesion, I felt it be my duty to submit the otle subject to Congrsts as the. best expodlers of popular seniinieur. No delfiu itiveationa havittg been- talfei otn tue'suit jet,'the questionireferred itself directly to the d'eeision of the~Sate-s antV~the People. Thlgreat poputar election whtchhasjust termiated.-afford the beat oppottiity of ascertaining the nil~l of thte States, and the People upon it Pending that issue. i becamne the imperative duty' of the Ex ecutive to inform Mextco that thte qutes tm. or anneartinn was still before the A merican People, and that until their I sion wps pr~qnouuncedr;any serious invasil of Texas vdiald be regarded as a te=pt t*f4distill their judgment, n could inot U looked upoh with indifferenc I am :dos' happy to inform you, that 1 such invasion has taken place; and I iru that whatever your act ion may be upt it, Mexico will see the importance ol dec ding :the mflatter by a resort to- peacef expediments, in preferendo to those. arms.- The decisiud of the People at the States, oi tbis great and itierestir subjeet, has been decikively manifestei The quetion of anneiation has been pro sented nakedly to thei consideration. B the treaty itself, all collateral and incidet tal issue4, which were calculated to divir and distract the public counsils, wei carefully avoided. These were left to tE wisilom of the future to determine. I presented. I repeat; the isolated questimr of annesatihn; and in that form it has bee submitted ro the ordeal of public senti ment. A controling majority of the peoph and a large misjnrity of the States, hav declarared in favor of immediate annexa tion. itstrueionq have thus come up 't both branches of Congress, from thei respectivp constituens. in terins of I most etmphatic. It is the will of both th peopile and the States, that Texas shal be annexed to the Union promptly an< immediately . I., may be hoped that, C carrying into execution the public will thu declared, all collateral issues may h avoided. Puture Legislatures can het decide as to the number of States wbicI should be formed out of the territory when the time has . arrived, for decidin that question. So with all ~others. B, the treaty, the United States assumed th paydent of the debts of T-%as. to an a -mount not exceeding 810.000.000; to b paid, with the acception of a-sum fallin short of $400,000, exclusively out of th proceeds of the sales of her pul iic liiods We could not, with honor. take ihe larad nvithout assuming the full payment of al incumbrances upon thetn. Nothing has occured since your las session. to indu'ce a doubt that the dikpo-i tions of Texas remain unaltered. No id titnation ofan altered determination, on the part ofher Government and People has beer furnished to the Executive. Shi btill desires to throw lierselfunder the pro tection of our laws, and to partake of lh Ilessings of our federative system; whil eviry-American interest would see-n t, require it. ' The' extension of our coas wise and foreign trade,.. to -an amoun almost inr lculable-the enlargement a the m.trkef for our matiafactures-a- con siantly growing market for our agricultu ral productions-safety to our f.-ontiers and addition strength and stability to thi Union,-these are the results which woub rapidly develope themselves, upon thi consummation of the measure of annexa lion. In such event. I will not doubt hu that Mexico would find her true interes to cottsisi ii, meeting the advances of thi Government in a spirit of amity. Nor do I apprehend any serious cam plait from any other quarter; no sufficien ground exists for such cornplaint. W should interfore in no respect with th rights of any other nation. There cailn he gathered from the act, arn design o our part to do so with their possessions a this Continent. We have intetposed n impJdimertis hi tite Way of such acquisi tion of territory, large arid extensive a misany of them :ire, as the leading power of Europe have made, frot time, in ever part of the world. We seek no -conquei tide by war. No intrigue will have heei resorted to, or nets of diplomacy essaye to acconmplish the ninnexation of- Texat Free and independen.t herself, she asks I tihn received into or Unfoni. ~I -is questian for 'rur owti decision whether sht shall be receivedl or' not. The tw., Governmnents having alread; agreedE through-their resoective organs. o the terms of annexation, I would recomn mietnd their adoption by Congress in th form of a joint resolution. -or ac', to bn perfected andI mad~e htinding otn the tw countries, wvhen adopted in like manne by the Goverme~'nt of- Texas. In nrder that the subject may be fall presented in all -its bearings, the corre pomfdence which has taken place in'rell rence to it. sintce rte adjourmenit of Cot gress, betweeii tIfe United1 States. Texa and Mexico. is herewith tratsmicted. The nae'idments' proprised by ii Senate to the Convetiin -concluded bi tween the Unrted States- antd M~erico e the 20th Nutvemnber, 1843. have been iran -ritted thironjgh onr Minister, for the eom cutrrence of the -Mexican Governmenr; br adlhough nrged thereto, no actioni has' yn been had on the-subject; nor has any at er' tbteii giveni which -would authoriz~e favorab~ml"- conclusion- in -the fut ure; 'The deLr'reO of September-, 843, itr relu lionl to the retail trade, the order for thn e'xpulsioni of foreignters..-and tharofa recer .late ini reigardl to) passports-nFl' of-whic is tcufnsdered as in viohatiolatittn' of: t:h Tr',eaty af Ami'y and Commtrceo betwee Ihe tw'. coututries, have led t'a correspm ilence of considerable leneth: beiween i h Minister for Foareign Relailons' and ota Representtive at Mexico, hi r withot any satisfactory result. -They remain sIt unadjusned, and many. and serious ineora vonienee< have, already resulted to or citizens ini consequnence of them. -Questions growing out of disarming body of T'exian troops under the conimnan of Major Snively. by an officer in the sei vice of the United States, acting under it Iorders of our Government ;:-and :the fore blo entry into the Custom' House at.B.ra arly's Landing, on Red River, by certai citizens of the United States. and ttkii In away ih -re from the goods Wized by ih I Collector of the Customs, as fbf~ited ut a. der the laws of Texas. have hWee' adjuste D. so far as the powers of the Executive es io tend. The correspondence betVetil it two Governments iin iefeience I n . subjeetn, ivill 6e toudd amotig th41 i. panvina docurrini's.' It conains 'sttment of all facts 'and irOtURia'd )f.with the views taken on As 1 d the priniples-- on w b g'li ii; g have been adisied. Ifaitt9ti COe I. gress to make the o i rP Writsi to carry t he arrange I i t . i 6 y I respectfully recoi'ndV I- The greally toved cotidition o1 0h 0 Trenseiry, affords a su'ject' for gqee# 0 cougiratulati.- The yaralysisiwhkhl&j fallen on t a and commerce,, and wcl subjectedi Government to -th n S 9 iy of reso i'g to loans. 'and the Issue o 1 Treasut ,notes,. to a~aigi amount ha passed away; ad, after th- paymento . npwarlsnf$700,00, 4n aceount of th( e interest, and s.edemption of 'more thar - S5.000,ofturrh'e public ddt,isfi:l rall D due iii 6 e 1si of jani.a next and selling r aprt t a u ards ift $200,OO0 for h pay. mey el outstanding. Treasury noles nod a meetin;i an instalment of tie iebts of the I corporgte cities, of the Distrit'4- Colum I hiaan estimated supld , of upwards al 87,0007006over ihe abdve 'existing ap. propriatonswill reosaiti in th Treasury at the 'lose of ilie fiscil year. 'Should the t Treasur notes continue outstanding at I fiereitoIre. that snrplus will'heconsidera. bly a'ugmrenied AlMthit Ah all interest . has ceased tindri hein, arid the 'Govern rient has inv ied inei' reiurn to.the Trea sury, yet th remainoutstanding afford - ing great firilities to commerce, and es tablishitig th fieact that, under a well reg ulated-system 'of finance,-the Government has tesources within itsel, which' rendei it itidependeiit in time of iedd,' not' only i of private loans. but'also 6fb-nk facilities. The ouly remainine subject of.regret is that the remaining stocks of the govern ment do not all due at. an earli r: day; since their redemption would be entirely within its control. As it is it may be well worthy the consideration of Congress, whether the law establishing the sinking fund-under the operation of which the debts of the Revolution and last var wit' Great Britain were, to a great exteut. e's. tingnished-should not, with propei modifications. (so as to.prevent 4ne.ccra L p Ulation~ofsurpluses, and limited in a rmoun -t Io' a specfiic wum) he reeinae.ted Such provision, which would P.uthjorizA the Government to go into the -market fo a purchase of its own stock, on fair- terms woul-I serve to maintain its credjt at thi highest point, and prevent, to a greal extent. those fluctuations in Vtie price o its securities; which migit, under othe circumsiance, affect its c'.-ed'&. No appre heusion of this sort is, at tAis moment, en tertained. since the st-eks, of the Govern mthent when but two 'yep.re ago were offerei for sale to capitalie is. at home and abroad at a depreciation., n'.id could find no put chasers. are norx ?,realy above par in th hands ofthe holde rs; but a wise and pru dent forecast rolmonishes - us to plae heyond t he rea ch of continigency the pub lic credit. > It must also be a matter of unmingloi gratification, that under the existing finan Seial sytem---resting upon the act of 1789 I and the resoluti.n of 1816-the currene, has attained n s.tate of 'perfect soundoes and the rates if exchange between diffe rent parts of the - nion, which, in 1841 I denoted by their enormous amount, th, great depr eciation, and in fact.. worthless 1 tiess of tt'e currency in most of the State 1 -are n'jw reduced to little more than th mnere r,xpense of transportin'g. specie fron place. to place, and the risk incidfen't toth ,' orer~ation.' In a ne w counttry like that c ' the,. Utnited States-where so many in - dJtemetnts are fheld 6uit for speculation r. 'Whe depositories -of ilie .sur'plus revenuet e' eonsisting of , Banks of any :description ci when it reache's any considerable amouni i.requirethe clo-s'est vigilance on the part c theGoyernent. All banking .institutions Funder whaieier. denomination- ,they man psare governed h5 ali almnost exclapie -r'egard :o thte interests of the stockholders -. That 'te1iest consists iu the augmenotatior 3, of profits, in the form-'of dividenids, undli .large surplus; revenue entrusted to theii a custody is but toit .a'pcto 0 eadh to excessiv .loans and to extravagantly large issueu n paper'; -As a necessary consequence p -. ces'arc nominalfy itcreased. and the spec . lative, mania seizes uponi the public mind A fictitious state of prosperit y for a sea *i son exists ; anid. in the .language of ihe day, money begomes pexy. Contra:'ts art entqrreIf into~h indivjid'als,'resting on0 thit substantial state of thins sat the delusiot -speedily. passes .awa d the country it e overrun.by-an.in ~ Tjs so wveigh'y at t to overwhelm manyi altid toviaigevery de hi partmnent of industry: withlgreat and ruin e ous. embarrassmnent. The. greapest vigi i lanice becomes uecessary::ons the 'part ol Government to guard aainst twbittetae ej e things. The. depositorieb. rs.sp be givet r disimeiy 'tu underst and t'nat, tloptfavors a t' thie Government will, he altoget~erith~ II drawvn, or substanatially. dimntisiked trj -revenues shall be regarded as asddtiggns y r their banking capital, or as the fotindatio of sit enlarged circulation. The..Gbvern a melit.. t hrough its revenue hansat .all tinaes dI an important part to. performa inconnext9i with the currency ; and, it, greatly'depep4d e upon its vigilence and .careawhatherj thi country. lIe involved. in embarassmnenti similar to those which it basz haf lreenti n to encounter: or, gided by the ailou'o g thd Treasuaifslinllitl d e h-and leniytogdi 24. 64 - ~ ~ _MI1 .,2lragi g a nd I; fahr gvntdtr pd - dfir@*dshe Wli tiidrzsbrplneg swd4a ani ttriytwilmi tiiegii by wyisall~tdnuotattife uiforseli ie hgt d travaganeg itet aa eegsikl ai fTlbpr Motron iowerbri ibhmwied exercseittlijnii.mosttiteAfaorm isa burden oilatid re t p toi-enderz various pretexts, foaruprposes haiing Un6eaffinityt tothe'motiveinwhili r dictated its grant, and the-eitraagance-d Governmentesiiintilaietesidiidinaj eitram agance, until the ppirit. ofla,wild.ajdil regulated. speculat lnnolves pieand. in its unfortunate resuris. n.'l vot' such fatal;consegueees, .t, m be id down as-it a axiom, . n't an political tru th, the;n .regcralais4sifid be 'impsed than are2ncessa gr' econorical administ'iitior iof'il gvrn ment,'*an thal whatever exists should be .rediscd or di&? sy does in no 'waey i li. r of a sdund "diserinfinaiio .1P solection of" th articles lo be! ta , regard' to ihe public .:eal .' 1o times, suggest t'he leg ija.[b leave; the range of seleto u C aniasuch ' sgectios:Nholid alwaybse ' inadid 'with an eye. to'.the great,!steresi rih country. Composed as is fhe Umion Pp arate and independent'States,.a patrotag Legislature will not rail in eonul jl gtjie interests of the pars, to p.s ut as will b er.t de.ntated cosdvaneAid barmtny' of the wh6o'e,' id th' i that permanen intbepolicyoftMYe 0i ernment, wik'opt which.all effortAo ad-. vancc tae public pr'osperity are .ain an fruitles. Thisgreat and,. illyjppr tant as' res s wi nsth . ondtJ'j Exez u.uve can do no ore than ow ien d the general prinipiles iwh rP,overn in its execution. . .A I a referring you to the accomp"Y; report o' the Post .Maeter. GenealIt fords me continued cause of graHlifiQil , he able to aditrt tog eI , at fairs of the Depavtmeneor. years. have been so conducted as, 'Mi is unaided resources, to e la e ex penditares. On 0 i dCiis 6dcd debt of nenrly $500,000existedidcfs ii1h.' Department, which Cangress discar' by an appropriationr -froi thiTriairj. The Department, on* the 4hlairciliiR r will be found, under the mainagemit iV r the prese'nt efficient head, free "of delif -jW embarrassment. which could onlf haE been dono by the observance and pra-tice of the greatest vigilance and enconomy. SI hav ue,-gentlemen of the' two 1oi see of Congress, pres'ented' 4i a trie ani - faithful picture or the cocirtion 'of pu'blio affairs, both foreign and domestic. The' wants ofthe public service are madekui' to you; and matters or no ordinry itn portance are urged'upon your .cojisidera' tion. Shall i not be permitted to congrat ulate you on the happy auspices undea; which you have assembled, and in the 6m portant change i-H the bonditioti'of thinigs Vhich; his ocetirred in the lhst ihrid yiars ? During that period questions wiih f'reign powers. have been settled and adjusted. A desoliting and waging war wiih savage tribes has been brotigbdo a close The it-' - ternal tranquilitj adie *r "hdatenU s ed by agitating questions, has been, prel' s served. The credit' of the (etvernment, Swhich had experienced a o arjen liarrassmient, hasbeen tiorggghly resto-ed. r Its coffers, which for a'seasongwerd eibipgy have been replenished. .Aecrrency~ fearfve - uniform in'its' value, has'taken 'il~q alcp ,of ono depreciated atid ialitos't ior iless - Commerce- and maduurar'Whfhatt ,suffered in commion- with'every'othM it f terest. have: once. jiore" revived,"Ifodl tfIe whole eduntry exhibits seeEfl r erity nd .hapdigs.2 Tlade aid hatter ?no longer jop'rrdgi y a wid and speep a laiive-.mama,.rest uspon7 a solid-andis ub t. stsitialsfooft Og;' and th rapid grwt "f b~ our 'chies, in every .direct:on," beseks' most strongly the favorable circumstaicew by Whith..we ai-e surrounded Myfffh1.t ness, in t'hs retirement which shortf~awaie', me,.is:the ardent.' hupe wtthi I Fexpeit ejic' that tiilladttef-'prosyerity is nsifier deceptive nor' destitied so 'i'ifvl 'and that measuues wh'ib have4notjdt : ceived its sanction,' but whiclr !aind~' ni?' regard als closely connected with the'had nor, the' glory, and stilliluIire enlarged' pros erity ofth&e dt'riiy, are distiiedJ at. atiearly'~ de otreceive tlie. pprdvala 'ogesUnder thiese'rerstsnfan si with these antidipations.I shfill mnosigladlv leave tio oth'ers, more able'sin omyselrf,wi nobile an'd plcasing insk~f Sustainii:rthe; public prosperit y,- I ~shdiliaknf7ih nfo Sinto, retirement tlie~itifyi"eiloj .that: as my sole obiit 'uhuhle to'advance 'the''public food,. ~ not have entirely failedlin' ccilhitiig It ; and this .gratificatioji jatheikhreiieda no friall degree, b'ythfidi that~indsdj. eep and abiding senaeof'd6:fti,'ah o 'ad 'nysdif ontstrainid. touresoat the iblifii5WeVtoeit bktieitbet bdiblaser b pfisimpproval on the i~t offih 16pl notekenedi iii d6isil'ftab' matt thihtgdat co adveiidd o~ 1our GovernmentA R ?- 7 . Wskingtoti Dec. 84