founded, as the attempt to extort from tin fears of in u nation what her sen-o would b" vain and ridiculous . i t i r m u'-uv , II.it th i constitution i- I of the United States imposes on the President the J reached us, but U daily evjiected. That it maybe duty of laying lie fore Congress the condition of the j favorable, is my sincere wish. France having now, country, in its tbrcign and dome-tie relations, and ; through all the branches of her Government, ae of recommending such measures as tna", m his j know dedged the validity of ur claims, and tin; ob opiaioti, be required by its interests. From the j lig if ion of the treaty of 1 : and there really ex pertbrnnncc of this duty he cannot be deterred by , isting no adequate canst; fir further delay, will, at the f-ar of w ounding the sensibilities of the people ! length, it may be hoped, adopt t lie course w hich or Government of whom it may become necessary (the interests of both nations, not less than the prin to speak ; and the American jn-ople are incapable j ciples of justice, so imperiously require. The of submitting to an interference, by any Govern-I treaty being once executed on her part, little w ill meat on earth, however powerful, w ith the free per-1 remain to disturb the fiiendlv relations of the two lonnanoe ol the domestic duties which the consti tution has imposed on their public functionaries. The discussions which intervene letwecn the sev eral departments of our Government belong to our selves; and, tor any thin;; said in them, our public servants are only responsible to their own constitu ents, an 1 to each other. If, in the course of their consultations, facts are erroneously stated, or unjust dedjetions are made, they require no other induce ment to correct them, however inf rmed of their error, than their love of justice, and what is due to their own character; but they can never submit to If: interrogated upon the subject, as a matter of right, by a foreign Power. When our discussions tcrmia- ate in acts, our responsibility to foreign Powers commences, not as individuals hut as a nation. The principle w hich calls in question the President for the language of his message, would equally jus. t at. tifv a f rei"-;i Power in demanding explanation of the language used in the report of a committee, or by a member in debate. This is not the first time that the Government of France has taken exceptions to the messages of American Presidents. President Washington, and the first President Adams, in the performance of their duties to the American People, fell under the anim i Iversions of the French Director'. The ob jection taken by the .Ministry of Charles X, and re moved by the explanations made by our .Minister iiixui the spot, h is already !cen adverted to. When if was understood that the .Ministry of the present King took exception to my message of last year, putting a construction upon it which was disavowed on its ficc, our late .Minister at Paris, i answer to the note which first announced a dissatisfaction with the language used in the message, made a commu- nicatiou to the French Government, under date of the 'J.'hh of January, l"io, calculated to remove all impressions which an unreasonable susceptibility had created. He repeated, and called the attention of the French (Jovernment to, the disavowal con tained in the mess age itself, or any intention to in timidate by menace he truly declared that it con tained, and was intended to contain, no charge of ill laith against the King of the French, and properly distinguished between the right to complain in un exceptionable terms, of the omission to execute an agreement, and an accusation of bad motives in withholding such execution and demonstrated, that the necessary use of that right ought not to be ! considered as tin offensive imputation. Although j this communication was made without instructions, and entirely on the Ministers own responsibility, ; vet it was afterwards made the act of this Govern iiient by my full approbation, and that approbation "was offiei illy made known, on the '2n of April, s:i", t; the French Government. It, however, filled to have any eJl;ct. The law, after this friend- ly explanation, pissed with the obnoxious anvnd- ' i.i-Mit, supported by the King's .Ministers, and was finally approved by the King. The People of the United States arc justly at Inched to a pacific system in their intercourse with foreign nations. It is proper, therefore, that they should know w hether their (Jovernment has adher- e I to it. In the present instance, it has been car- ' ried to the utmost extent that was consistent with n becoming s;df-re-pect. The note of the 2!Hh of January, to which I have liefbrc alluded, was not the only one which our Minister took u:on himself the responsibility of presenting, on the same subject, and in the same spirit. Finding that it was intend ed to make the payment of a just debt, dependent on the performance of a condition which he knew could never be complied with, he thought it a duty to mike another attempt to convince the French (Jovernment, that whilst self-resjveet, and a regard to the dignity of other nations would always pre vent us from using any language that ought to give i.tPmee, yet we could never admit a right in any foreign ( iovernment to ask explanations of, or to interfere in any mariner in, the communications which one branch of our public councils made with another: that in the present case, no such language h i I been used, and that this had in a former note b -en f illy and voluntarily stated, before it was con templated lo make the explanation a condition : and that there might be no misapprehension, he stated the terms used in that note, and he officially inform ed them that it had been approved by the Presi dent ; and that, therefore, every explanation which could reasonably b" asked, or honorably given, had been already made that the contemplated measure had bee.i anticipated by a voluntary and friendly declaration, and was therefore not only useless, but in'ght hi deemed offensive, and certainly would not le complied with, if annexed as a condition. When this latter communication, to which I spe cially invite the attention of Congress, was laid hc fire me, I entertained the hope that the means it was obviously intended to n fiord, of am honorable a id speedy adjustment of the difficulties Ijotween the two nations, would have been accepted, and I therefore did not hesitate to give it my sanction and full approbation. This was due to the Minis- ter who had made himself responsible fr the act;! and it was published to the people of the United States, and is now laid before their representatives, to show how far their Executive has gone ;n its en deavors to re.-; tore a good un ler.stan din; between the two countries. It wool: have been, at any time, communicated to the Government of France, h i I it been officially requested. Trie French (Jovernment having received all the ! explanation which honor an 1 principle permitted, j and which could in reason Ui asked, it was hojvrd i it would n longer hesitate to pay the instalments! now due. I lie agent authorized to receive tue iuo'ie, w.i-s uis-.i uiiiu u imoriu me rjenc'i .um ister of bis readiness to do so. In reply to this notice, he was told that the money could not then be paid, because the formalities required by the act of the Chambers had not been arranged. Not having received ony official communication . . ! . . . 1 . . " . f- .1 ii i . of the intentions of the French (iovernment, and j anxious to bring, as far as practicable, this unplea sant alFiir to a close before the meeting of Congress, that you might have the whole subject before you, I caused our charge d'AtTiires at Paris to be in structed to ask for the final extermination of the French (juverument ; and in the eveat of their rc- j fusal to pay the insf ilmenfs now duo, w ithout further i my- . - . 1 explanations, to n turn la L tuteij Males. J The result of this last abdication has not vet : i - countries ; nothing, indeed, which will not yield to the surest ions of a pacific and enlightened po licy, and to the influence of that mutual good will and of those generous recollections, which wc may confidently expect will then be revived in all their ancient force. In any event, however, the princi ple involved in the new aspect which has Iweu given to the controversy, is so vitally important to the indejvendent administration of the (loverument, that it can neither Ik; surrendered nor compmmiltcd, without national degradation. I hope it is unne cessary for me to say, that such a sacrifice will not ) be made through any agenev of mine 1 he honor J of my country shall never be stained by an apology j from me, for the statement of truth and the per- fbrmance of duty ; nor can I give any explanation of my official acts, except sucli as is duo to integ rity and justice, and consistent with the principles on which our institutions have been framed. This determination will, I am confident, be approved by my j constituents. I have, indeed, studied their charae- iter to but little purpose, if the sum of twenty-five millions of francs will have the w eight of a feather, in the estimation of w hat appertains lo their nation- al iudejKMidence ; and if, unhappily, a dillerent im pression should at any time obtain in any quarter, they will, I am sure, rally round the Government of their choice with alacrity and unanimity, and silence forever the degrading imputation. Having thus frankly presented to you the cir cumstances which, since the last session of Con gress, have occurred in this interesting and inior tant matter, with the views of the Executive in regard to them, it is at this time only necessary to add, that whenever the advices, now daily expected from our Charge d'Alfiircs, shall have been roceiv- led, they will be made the subject of a sjocial com mumcalion. 'I lie condition of the Public Finances was n"vcr more flattering than at the present period. Since my last annual communication, all the re mains of the Public Debt have been redeemed, or money has been placed in depositc for this purpose, whenever the creditors choose to receive it. AH the other pecuniary engagements of the Goven. ment have been honorably and promptly fulfilled, and there will le a balance in the Treasury, at the close of the present year, of alxmt nineteen mil lions of dollars. It is Ik lieved, that after meeting all outstanding and unexpended appropriations, there will remain near eleven millions to he applied to any new objects which Congress may designate, or to the more rapid execution of the works already m progress. In aid of these objects, and to satisfy the current expenditures of the ensuing year, it is estimated that there will be received, from various sources, twenty millions more in lKi. Should Congress make new appropriations, in conformity with the estimates which will be sub- mitted from the proper departments, amounting to about twenty-four millions, still the available sur plus at the close of the next year, .after deducting all uncxjended appropriations, will probably be not less than six millions. This sum can, in my judg ment, be now usefully applied to proposed improve- ments in our Navy Yards, and lo new national works, which are not enumerated in the present estimates, or to the more rapid completion of those I already begun. I Either would be constitutional and useful, and would render unnecessary any attempt, in our present peculiar con lition, to divide the sur plus revenue, or to reduce it any fi-ster than will be effected by the existing laws. In any event, as the annual rep rt from the Secretary of the Trea sury will enter into details, showing the probability of some decrease in the revenue during the next seven years, and a very considerable deduction in it is not recommended that Congress should .undertake to modify the present tariff! so as to dis turb the principles on which the compromise acf was passed. Taxation on some of the articles of general consumption, which arc not in competition with our own productions, may Ik;, no doubt, so di minished as to lessen, to some extent, the source of this revenue; and the same object can also be as sisted by more liberal provisions for the subjects of public defence, which, in the present state of our prosperity and wealth, may le cvjtected ongage your attention. If, however, after satisfying all the demands which can arise from these sources, the unexpended balance in the Treasury should still continue to increase, it would be better to bear with the evil until the great changes contemplated in our tariff laws have occurred, and shall enable us to revise the system w ith that care and circum spection which are due to so delicate ami import ant a subject. It is certainly our duty to diminish, as fir as we can, the burdens of taxation, and to regard all the restrictions which are imposed on the trade and na vigation of our citizens as evils w hich we shall mi tigate whenever we are not prevented by the ad verse legislation and policy of foreign nations, or those primary duties which the defence and inde- pendence of our country enjoin upon us. That we have accomplished much towards the relief ol nphsheu much towards the react ot our citizens, by the changes which have accompanied the payment of the public debt, and the adoption of the present revenue laws, is manifest from the fact, that, compared with 13'J, there is a diminution of near twenty-live millions in the last two years, and that our expenditures, independently of those lor the public debt, have been reduced near nine mil- lions during the same period. Let us trust, that by the continued observance of economy, an I by h iruiouizing the great interests of agriculture, manufactures, and commerce, much more may be accomplished to diminish the burden of (mvern- meat, anil to increase still further the enterprise and the patriotic aSf:ctiori of all clascs of our citi zens, and all the memlers of our happy Confede racy. As the data which the Secretary of the Treasury will lav he I ore you, in regard to our finan cial resources, are full and extended, and will allbrd a safe guide in your future calculations, I think it unnecessary to otfer any further observations on that subject here. Among the evidences of the increasing prosper ity of the country, not the least gratifying is that afforded by the receipts from the sales of the pub lic lands, which amount, in the prca-ht year to the j unexpected sum of 811,000,000. This rircuni- stance attests the rapidity with winch agriculture, the first and most inijuutaiit occupation of man, advances, and contributes to the wealth and power of our extended territory. IJeing still of the opin ion that it is our best olicy, as far as we can, consistently with the obligations under w hich those lands were ceded to the United States, to promote their speedy settlement, I beg leave to call the at tention of the present Congress to the suggestions I have ollered respecting it in my former messages. The extraordinary receipts from the sales of the public lands invito vou to consider what improve ments the land system, and particularly the condi tion of the (Jeneral Laud O.fice, may require. At the time this institution was organized, near a quar ter of a century ago, it would prokibly have been thought extravagant to anticipate, for this period, such an addition to its business as has been pro duced by the vast increase of those sales during the past and present years. It may also Ie observ ed that, since the year 11:2, the land offices and surveying districts have been greatly multiplied, and that numerous legislative enactments, from year to year since that time, have imjosed a great amount of new and additional duties Uon that of fice; w hile the want of a timely application of force, commensurate with the care ami labor required, has caused the increasing embarrassment of accu mutated arrears in the dillerent branches of the establishment. These iuqeliments to the expedition of much duty in the (Jeneral Land (Mice, induce me to sub mit to your jiIgment, whether some modification of the laws relating to its organization, or an organ ization of a nev character, be not called tor at the present jucture, to enable the office to accomplish all the ends of its institution with a greater degree of facility and promptitude than experience has proved to ho practicable, under existing regulations? The variety of the concerns, and the magnitude and complexity of the details occupying and divi ding the attention of the Commissioner, appear to render it difficult, if not impracticable, for that ilficer, by any possible assiduity, to bestow on all the multifarious subjects, upon which he is called to act, the ready and careful attention due to theii respective importance; unless the Legislature shall assist him by a law providing, or enabling him to provide, for a more regular and economical distri bution of labor, with the incident responsibility, among those employed under his direction. The mere manual operation of affixing his signature to the vast number of documents issuing from his of fice, subtracts so largely from the time and atten tion claimed by the weighty and complicated sub jects daily accumulating in that branch of the pub lic service, as to indicate the strong necessity of revising the organic law of the establishment. It will Ikj easy for Congress, hereafter, to propor tion the expenditure on account of this branch of the service to its real wants, by abolishing, from titae to time, the offices which can be dispensed with. The extinction of the Public Debt having taken place, there is no longer any use fjr the offices of Commissioners of Loans and of the Sinking Fund. I recommend, therefore, that they be abolished, and that projnir measures be taken lor the transfer, to the Treasury Department, of any funds, hooks, and papers, connected with the ojerations of those offices ; and that the proper power be given to that Department for closing, finally, any portion of their business which may remain to be settled. It is also incumleut on Congress, in guarding the pecuniary interests of the country, to discon tinue, by such a law as was passed in 1SPJ, the receipt of the bills of the IJank of the United Slates in payment of the public revenue ; and to provide for the designation of an agent, w hose duty it shall be to take charge of the books and stock of the United States in that institution, and to close all connection with it, after ihe Urd of .March, l-oWi, when its charter expires. In making provision in regard to the disposition of this stck, it will be essential to define, clearly and striekly, the duties and powers of the odicer charged w ith that branch of the public service. It will be seen, from the correspondence which the Secretary of the Treasury will lay before you, that, notw ithstanding the large amount of the stock which the United States hold in that institution, no information has yet been communicated which will enable the (Jovernment to anticipate when it can receive any dividends, or derive any benefit from it. Connected with the con lition of the finances, and the flourishing state of the country in all its branches of industry, it is pleasing to witness the advantages which have been already derived from the recent laws regulating the value of the gold coinage. These advantages will lx; more apparent in ihe course of the next year, when the 1 ranch Mints authorised to be established in North Caro lina, (Jeorgia, and Louisiana, shall have gone into operation. Aided, as it is hocd they will be, by further reforms in the banking systems of the States, and by judicious regulations on the part of Con gress, in relation to the custody of the public mo neys, it may be confidently anticipated that the use of gold and silver, as a circulating medium, will become general in the ordinary transactions, connected with the Ialxr of the country. The great disideratum, in modern times, is an efficient check uxn the ower of banks, preventing that ex cessive issue of paper whence arise those fluctua tions in the standard of value, w hich render uncer tain the rewards of labor. It was supjwised by those who established the Hank of the United States, that from the credit given to it by the custody of the public moneys, and other privileges, and the pre cautions taken to guard against the evils w hich the country hail suffered in the bankruptcy of many of the State institutions of that period, wc should do rive from that institution all the securities and ben efits of a sound currency, and every good end that was attainable under that provision of the Consti tution which authorizes Congress alone to coin mo ney and regulate the value thereof. IJut itisscarce ly necessary now to say that these anticipations have not been realized. After the extensive em- btrrassrncnt and distress recently produced by the Uankot the United States, from which the country is now recovering, aggravated as they were by pre tensions to power which defied the public authority, and which, if acquiesced in by the People, would have changed the whole character of our (iovern ment, every candid atid intelligent indiv idual must admit that for the great advantages of a sound cur rency, we must look to a course of legislation radi cally dillerent from that which created such an in stitution. In considering the means of objjr'.ig so impor tant an end, we must set aside all calculation of temporary convenience, and be influenced by those only w hich me hi harmony w ith the true character Jand the permanent interests of the Republic. We . wb-it It s that has prevented the legislation of Congress and I - :the States, on the subject of currency, from satis- ' ' . J T- i. : the States, on the subject ot currency, irom satis- fvin.r ,he public expectation, and realizing results corresponding to those which haveattended the ac - lion of our system when truly consistent w ith the . -. - .. i i real principle of eoualitv upon which it rests, and with that spirit of forbearance and mutual conces- sion, and generous patriotism, which was originally, and must ever continue to be, the vital element of; our Union On this subject I am sure that I cannot be mis taken, in ascribing our want of success to the un due countenance which has been afforded to the spirit of monopoly. All the serious dangers w hich our svsfem has vet encountered, may be traced to the resort to implied powers, and the use of corpo rations, clothed w ith privileges, the effect of w hich is to advance the interests of the few at the expense of the many. We have felt but one class of these dangers exhibited in the contest waged by the Iiank of the United States against the (Jovernment for the last four years. Happily, they have been ob viated for the present by the indignant resistance of the people ; but we should recollect that the prin ciple whence they sprung is an ever active one, which w ill not fail to renew its efforts in the same and in other forms, so long as there is a hope of success, founded either on the inattention of the People, or the treachery of their representatives, to the subtle progress of its influence. The Pank is, in fact, but one of the fruits of a system at war with the uenius of all our institutions a system founded upon a political creed, the fundamental principle of w hich is a distrust of ttie popular w ill as a safe regulator of political power, and whose great ultimate object, and inevitable result, should it prevail, is the consolidation of all power in our system in one central (Jovernment. Lavish public disbursements, and corporations w ith exclusive pri vileges, would le its substitutes for the original, and, as yet, sound checks and balances of the con stitution the means by whose silent and secret operation a control would be exercised by the few over the political conduct ol the manv, by first ac quiring that control over the labor and earnings of the great body of the People. herever this spi rit has effected an alliance with political power, ty ranny and despotism have lieen the fruit. If it is ever used for the ends of Govoinmcnt, it has to be incessantly watched, or it corrupts the sources of the public virtue, and agitates the country with questions unfavorable to the harmonious and steady pursuit of its true interests. Wc are now to see whether, in the present fivor able condition of the country, we cannot take an effectual stand against this spirit of monopoly, and practically prove, in respect to the currency as well as other important interests, that there is no neces sity for so extensive a resort to it as that which has been heretofore practised. The experience of an other year has confirmed the utter fallacy of the idea that the Dank of the United States w as neces sary as a fiscal agent of the (Jovernment. With out its aid, as such, indeed, in despite of all the em barrassment it was in its power to create, the re venue has been paid with punctuality by our citizens ; the business of exchange, both foreign and domes tic, has been conducted with convenience; and the circulating medium has leen greatly improved. Py the use of the State Hanks, w hich do not derive their charters from the General (Jovernment, ami are not controlled by its authority, it is ascertained that the moneys of the United States can be collect ed and disbursed w ithout loss or inconvenience, and that all the wants of the community, in relation to exchange and currency, are supplied as well as they have ever been before. If, under circumstances the most favorable to the steadiness of the money market, it has been found that the considerations on which the Hank of the United States rested its claims to the public favor were imaginary and groundless, it cannot be doubted that the experi ence of the future will be more decisive against them. It has been seen, that, without the agency of a great moneyed monopoly, the revenue can Ixj col lected, and conveniently and safely applied to all the purposes of the public expenditure It is also ascertained, that, instead of being necessarily made to promote the evils of an unchecked paper system, the management of the revenue can be made aux iliary to Ihe reform wbicb the Legislatures of se veral of the States have already commenced in re gard to the suppression of small bills; and which has only to be fostered by proper regulations on the part of Congress, to secure a practical return j public service, at the same time that greater satis to the extent required for the security of the cur-j faction and more equal justice would be secured to rency to the constitutional medium. Severed from the Government as political engines, and not susceptible of dangerous extension anil combination, the State Hanks will not be tempted, nor will they have the power winch we have seen exercised, to divert the public funds from the legitimate purposes of the Government. The collection and custody of the revenue being, on the contrary, a source of credit to them, will increase the security which the Mates provides for a faithful executn -a of their trusts, by multiplying the scrutinies to w hich their ! onerations and accounts w ill be subiected. Thus I disiM)sed, as well from interest as the obligations of, their charters, it cannot be doubted that such con ditions as Congress may see tit to adopt respecting the depositcs in these institutions, with a view to the gradual disuse of the small bills, will be cheer fully complied with ; and that we shall soon gain, in place of the Hank of the United States, a practi- j cal reform in the whole paper system of the coun try. If, by this policy, we can ultimately witness the suppression of all bank bills below twenty dol lars, it is apparent that gold and silver will take their place, and become the principal circulating medium in the common business of the farmers and j mechanics of the country. The attainment of such a result will frm an era in the history of our coun- j try which will lc dwelt upon with delight by every true friend of its liberty and independence. It will lighten the great lax which our paper system has so long collected from the earnings of labor, and do more to revive and perpetuate those habits of econ omy and simplicity which are so congenial to the character of republicans, than all the legislation wdiich has yet been attempted. To this subject I feel that I cannot too earnestly invite the especial attention of Congress, without the exercise of w hose authority, the opportunity to accomplish so much public good must pass unim proved. Deeply impressed with its vital import ance, the Kxecutive has taken all the steps within his constitutional ,ower, to guard the public reve nue, ami defeat the expectation which the Hank of the United States indulged, of renewing and perpet uating its monopoly, on the ground of its necessity as a lineal agent, and as allurding a sounder currcn- cy than could be obtained without nidi an iastitu- ! Hon. In the iiertormnr.ee oi uusuuiv, mum ies- possibility was men .red winch would have been i i "II ' i . I y- flirt nnh hp I'w1 , giauiy avoiueu, u inu a.vu r ' . ,.,1.1 linrn lwto otherwise nrcsorv. , giauiv " " V"'""'; -, ; in the question could have been otherwise pre 1 ed. Although clothed with the legal auth j and supported by precedent, I was aware that :.. k. oi ,il tle rpmmn of the OCOOSI 1U Hie IlUi-lIUii iuum nci v. ! . " - i - . ... -I authority, there was, in the act ot the removal ot the ucposues, a liability to excite that sensimene io i.. ttume power which it is the characteristic and the duty of freemen to indulge : but I relied on this feehng, also threcteu oy patriotism auu iiuuiui, io no dicate the conduct which, in the end, would appear to have been called for by the best interests of my country. The apprehensions natural to this feel ing, that there may have been a desire, through the instrumentality of that measure, to extend the Executive influence, or that it may have been prompted by motives not sufficiently free from am bition, were not overlooked. Under the operation of our institutions, the public servant w ho is called on to take a step of high responsibility, should feel in the freedom which gives rise to such apprehen sions, his highest security. When unfounded, the attention which they arouse, and the discussions they excite, deprive those w ho indulge them, of the power to do harm : when j'-st, they but hasten the certainty with w hich the great body of our citizens never fail to repel an attempt to procure their sanc tion to any exercise of power inconsistent with the jealous maintenance of their rights. Under such convictions, and entertaining no doubt that my con stitutional obligations demanded the steps which were taken in reference to the removal of the depo sites, it was impossible for ine to be deterred from the path of duty, by u fear that my motives could be misjudged, or that political prejudices could de feat the just consideration of the merits of my con duct. The result has shown bow safe is this reli ance upon the patriotic temper and enlightened dis cernment of the People. That measure has now been before them, and has stood the test of all the severe analysis which its general importance, the interests it affected, and the apprehensions it exci ted were calculated to produce: and it now remains for Congress to consider w hat legislation has be come necessary in consequence. I need only add to w hat 1 have, on former occa sions, said on this subject generally, that in the re gulations w hich Congress may prescribe respecting the custody of the public moneys, it is desirable that as little discretion as may be deemed consis tent with their safe keeping should be given to the Kxecutive agents. No one can be more deenlv im pressed than I am with the soundness of the doctrine which restrains and limits, by specific provisions, Kxecutive discretion, as far as it can be done con sistently with the preservation of its constitutional character. In respect to the control over the pub lic money, this doctrine is peculiarly applicable, and is in harmony with the great principle which I felt I was sustaining in the controversy with the Hank of the United States ; w hich has resulted in severing, to some extent, a dangerous connect i u between a moneyed and a political power. The duty of the legislature to define, by clear and posi tive enactment, the nature and extent of the action which it lelongs to the Kxecutive to superintend, springs out of a policy atialagous to that w hich en joins upon all the branches of the Federal Govern ment an abstinence from the exercise of powers not clearly granted. In such a (iovernment, possess ing only limited and specific powers, the spirit of its general administration cannot le wise or just, when it opposes the reference of all doubtful points to the great source of authority, the States and the People ; whose number and diversified relations, securing them against the inMuences and excite ments w hich may mislead their agents, make them the safest depository of power. In its application to the Kxecutive, with reference to the Legislative branch of tiie Government, the same rule of action should make the President ever anxious to avoid the exercise of any discretionary authority, which can be regulated by Congress. The biases which may operate upon him will not be so "ikelv to ox tend to the representatives of the People in that body. In my former messages to Congress I have ic peatedly urged the propriety of lessening the dis cretionary authority lodged in the various dcoart- ments; but it has produced no effect as yet, except the discontinuance of extra allowances in the Armv and Xavy, and the substitution of fixed salaries iu the latter. It is believed that the same principles could be advantageously applied, in all cases, and would promote the efficiency and economy of the the public officers generally. TO 1JK COXCLrUKl) NEXT WKEK.J From the Raleigh lit qister, of D r. lo. On Wednesday last, Gen. Samuel F. Patterson was re-elected Public Treasurer for the ensuin " year, by nearly an unanimous vote. Iuausvrafioti of (loccrwr Sitai"ht. This cere mony took place on Thursday last, in the presence -CI .1. II -.1 T botn Houses of the Legislature, and u large n"'l'hor of spectators. Gov. Spaight read an ml- dress on the occasion, w hich we made an imsuc- cessful effort to obtain for publication, iu to-day's paper. Our University. We are gratified to learn, from the best authority, that in no period of its past j nistorv, nas mis institution been more distin'mish- i - . i . i . -. . . ... ed, than during the past session, for the fx)dorder and studiousness and regular attention to business of the youth who compose it that it has really seemed as if there had leen a general consent among them to improve their valuable privileges, and to show in their treatment of their otBcers'and their Collegiate habits, that gentlemanly resoect auu oecoruui w men mignt be expected of enlighten ed academic youth. It is no more than justice to the present administration of the College, to ive them the credit of this happy result ; toascribe it, in a great measu re, to the fund spmt of friendlv counsel which has characterized its discipline as ..v.11 ,,0 m me inci casing rennement and morality of our youth. We have every reason to believe, that our College has peculiar "advantages for pros perity, in the quiet and retirement of its location-, the exemption of its youth from temptations tt idleness and dissipation, and the general moderation and equality of fortune among our citizens, where by their sons are preserved from ruinous habits of expenditure, and learn to appreciate their education as their chief dependence for a livelihood. While we see Virginia on one side, and South Carolina on the other, cherishing tlteir State Institutions with patriotic pride and maternal fondness, we can noUut think that our character and reputation as a Ilepubhc demand of us to do all hi our power to

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