K 1 J-'i'if S.' 9 -1.: ; hi - i , s; i . , 1 - - K - - - - - - ' : I f .V. ''.. v. ' ft 1 6 J5r .-ar'i-ffr i-s-L iv4i6: juutcu- s XoUhaveSbeea assembled m tourresnec-, atearit:? ths sifffitatuire o the illastrious cUi-4 ;!kt!rth$.3re5 Utelrvcalled iy 'the diredt i cuEhjcs "of the people: to the dbarge 16( : iriue luijroriaiJviuuviigna -iii meir vinu uae ; 5.1 cutWe ofBce I Upbiribe exmration roT a siri gie.monia iroai lae a ay 01 nis lnsiauauon. Jbe has paid i the.ereat deb of nature, leac ,in? oeuinu mm a name-associaieu wiui ine Plecollectioh: ofufneroui upon the country duri h alohsr I i fe of patri otic tlevotipnif With this pubHq bereave- ' oent are - OOnnected r other considerations which will hot escape the attentioa of Coii :VZ :(tessThe preparati ons hecessary for. h is v residehce m ifbutyears must bavede folded upon the lato President heavy expen s- -l oiiureswnoiijiTOiue puraen tne -J g timj teaieu rf ei " :,tend setiouilyjtoi jtnORenibaassment of his l. ortiving Caniiiyj and it is therefore Aspect- ;r ; tuny suDmmett 10 congress Tvnetncr the or; ;7;dinary principles xata xne DrooneiViOi its ieinsiaiive.inierposi' Jtiry:rihftroV ; latWj toe powers ant duties ot me .-mgn sia - ijon to which be waas elected have devolved UDonine and in the dispositions of the rep. resentatives of thejStates and of the people " wSlI W fonndio a fereat extent a solution of the problem to which our institutions are for . . ines nrsi time suojt;cieu . i i i-In enterinfffupon the duties of th'13 office I; did not feel that it would be becoming in me to disturb what had' been ordered by my lamented predecessor, i Whatever therefore tniy have been rty) opinion, originally, as to the propriety i of Icon vening Congress at so early; a day from that ofit3 late adjournnlent, 1 1. -fqiind a ne'jSLitidla controlling inducement j not to. interfere With'the patriotic desires o h the late Presicientl in the novelty of the situ V etion in which I was so unexpectedly placed U My first wish, liniler such circumstances would necessarily have been to have called to my aid, in the administration of public af- . fairs, the combined; Wisdora of the.two Houses . of Congress, in order to take their counse and advice as to1 the best mode of extricat ; ing1 the Government and the country from ine emDarrassments weignmg neavuy on ' both; l am then most, happy in finding my self, so soon after my accession to thePresi dency, siirrodnded by the immediate repre . resentati ves of the States and people. ITSJolmSwtant changes having taken plac in our forefgn relations since the last session of Congress," it is not deemed Necessary on this occasion to go into a detailed statcmen . in. regard to them.; I I am happy to say that - 1 see nothing. to destroy the hope of bein " able to preserve peace. The ratification of the treaty with Portu gal has been duly i exchanged between the t twot Governments; ' This Government has not been inattentive to the interests of those of our citizenslwbo have claims on the Gov- efniiieut tf Ouam founded u pi trrty stipulations, and a hope is indulged that the repfesentationai which j have been made to ' that; Government on this subject may lead re ilone to beneficial results. ! A Correspondence has taken place between the Secretary of State ;and the Minister of Her Britannic i Majesty accredited to this ' Government, op the sdbject of Alexander McLeod's indictment and imprisonment, co pies of .which are herewith communicated to. Congress ' In addition to 'what appears from these pa ! pers, it may be! proper to state that Alexan- der McLeod has been heard by the Supreme Court of the State of New York on his mo tion to be discharged j from imprisonment, . and that the decision of that Court has not as vet been pronounced. TJie Secretary of State has addressed to r "me a paoer lioon two subiects, interesting to !the commerce of he country, which will re ceitre mr consideration, and which I have the honor to communicate to Congress. j j So far as it depends on the course of this I Government, our relations of good-will ana :' .friendship will be-sedulously cultivated with . all nations. jTlieltrue American policy will be found to consist: in the exercise of a spi rit of justice ! to be. manifested in the dis , charge o( all oqr international obligations, to the weakest of the family of nations, as well as to the most powerful. Occasional conflicts of opinion may arise, but when the discussions- incident to them are conducted ia.the language of truth, and with a strict regard to justice the scourge of war will for the most part be, avoided. The time ought to be regarded as having gone by when a re Sort to arms is to be esteemed as the only proper arbiter of national differences. The cerfsus recently taken shows a regu- Upon the breaking! out of the war of the Re volution, our numbers scarcely equalled three millions of souls j; fihey already exceed sev enteen millions,; arid will continue to pro gress in a ratio which duplicates in a period of about iwenty-thrpc years The old States t contain a territory sufficient in itself to main tain a population of additional millions, and the most populous jof the new States may even yet be regarded as but partially set tled, while of the liew lands on this side of the Rocky Mountains, to say nothing of the immense region which stretches from the . base of those mountains to the mouth of the Columbia river, about 770,000,000 of acres, ceded and unceded,still remain to be brought into market. We hold out to the people 'of other countries; a n-; invitation to come and settle among us jisj members of our rapidly? gTOwingfamjly ; ;and, for the blessings which we offer them, we require pf them to look upon our country as their country, and to - unite with us: in the; great task of preserving . our institutions.! and thereby perpetuating L jojujr liberties. I. No" rhovc exists for foreign ; ponqiiest. ; We idestre but to reclaim our al- moat illimitable wildornesses, and to intro dace' into their deptlia the; lights of civiliza ; jfibri. While iwe;a,hMl at alt times be pre' paistTto viridicatci the national honor, our most- earnest desirewill be to maintain an Iqresehtinihe i fbregotngrieWS, l'cah flo withhold.thc expressioa of the opinion i-uav .iuere exi?n3 noming in ine exieasion pi our empire oyer our Acknowledged posses sions' to excite the aTarai of the patriot for saieiy oi our. ins wiuiions. -, 4 ne x euera ive system, leaviDg to each State the care pf its depestic concerns, and devolving on the -Federal Government those of general lmpprif aamits in saieiy 01 tne greatest ex pansion, but. at the same time, i deem it proper to add that there will be found to ex isi, at an times an imperious necessity ior restraining all the functionaries of this Gov ernment within the ranee of their respective powers, thereby preserving a just balance between the powers granted to this Govern merit and those reserved to the States and to the people. ' From the report of the Secretary of the Treasuiy,feyoui will: perceive that the fiscal uicuiis jircBt-iii, auu accruing are insuiiiuitini to supply the wants of the Government for tbe eurrerit vear. The balance in the Trea- sufy on the fourth day of March last, riot covered, by outstanding drafts and exclusive oftrust fundsj is estimated at $860,000.--Thislncludes thesum of $215,000 deposited in tne, mint ana its prancnes to procure me tal : for. coming and in ; process of coinage anqhichteould f riotibe withdrawn without iijwrivenienge iitnus leaving suDject 10 cirait in the various deDositorie the aura of S845. wyy. ijoy virtue o'twoiberai acts 01 vjob gress, the Secretary of the Treasury was;au thprized to issue, on and after the fourth day of March last. Treasury notes to the amount of $5,41 3,000, making an aggregate availa ble fund of 86,058,000 on hand. But this fund was chargeable with out standing Treasury notes redeemable in the current year and interest thereon to the es timated amount of five million tw'p hundred and eighty thousmd dollars. There is alio I thrown upon the Treasury the payment of a large amount of demands accrued in whole or in part in former years, which willexhaust the available means of the Treasury, and leave the accruing revenue, reduced as it fs in amount, burdened with debt and charged with the current expenses of the Govern- msnf. , The aggregate amount of outstand ing appropriatipns on the fourth day of. Match last was 833,429,616 50, of which $24,210, 000 will be required during the current year; and iherc will also be required for the usurbf the War Department additional approp'ria tions to the amount of two million five hun dred and eleven thousand one hundred arid thirtytvo dollars and ninety -eight cents, the special objects of which will be seen by re ference to the report of the Secretary of War. Ths anticipated means of the Treasury are greatly inadequate tp this -demand. The receipts from customs for the last three quar ters of the last year, and the first quarter bf the. present year, amounted to $12,100,000 ; the receipts for lands for the same time to $2,742,450 ; showing an average revenue from both sources of $1,236,870 per month. A gradual expansion of trade" growing out of a restoration of confidence, together with j a reduction in the expenses of collecting, and punctuality on the part of collecting officer, may cause an auuition to me mommy re lr?iptg frnm.thft guslomilheyare estima-J ted for the residue of the year, from the fourth of March, at $12,000,000 ; the receipts from the public lands for the same time arc esti mated at $2,500,000; and from miscellane ous sources at $170,000 ; making an aggre gate of available fund within the year of $14,670,000; which will leave a probable deficit of $11,406,132 98. To meet tlfis, some temporary provision is necessary, untM the amount can be absorbed by the excess of revenues which are anticipated to accrue at no distant day. There will fall due within the next three months Treasury notes of the issues of 1840, including interest, about $2,850,000. There is chargeable in the same period for arrear ages for taking the sixth census $294,000 ; and the estimated expenditures for the cur rent service are about $8,100,000, making the aggregate demands upon the Treasury, prior to the first of September next, about $11,340,000. The ways and means in the Treasury, and estimated to accrue within the above named period, consist of about $694,000, of funds available on the 28th ultimo; an unissued balance of Treasury notes authorized by the act of 1841, amounting to $1,955,000, and estimated receipts from all sources, of $3; 800,000, making an aggregate of about $6 450,000, and leaving a probable deficit oh the 1st of September next of $i,845,000. j In order to supply the wants of the Gov ernment, an intelligent constituency, in view of their best interests, will, without hesita tion, submit to all necessary burdens. But it is nevertheless importantso toimpose them as to avoid defeating the just expectations of the country, growing out of pre-existing laws. The act of the 2d March, 1833, corn monlv called the compromise act, should not be altered except under urgent necessities "which are not believed at this time to exist. One year only remains to complete the serie$ of reductions provided tor by that law, at which time provisions made by the same law and which then will be brought actively irj aid of the manufacturing , interests of the Union, will not fail to produce the most ben eficial results. Under asystem of discrimU nating duties imposed for purposes of reve nue, in unison with the provisions 6i exist ing laws, it is to be hoped that our policy will, in the future, be fixed and permanent; so as to avoid those constant fluctuations which defeat the very objects they have in view. We shall thus best maintain a posU tion which, while it will enable us the more readily to. meet the advances of other coun tries calculated to promote our trade and commerce, will at the same time leave in our own hands the means of retaliating with) greater effect unjust regulations. ' j In intimate connexion with the question! of revenue is that which makes provision foij a suitable fiscal agent capable of adding in creased facilities in the" collection and disj bursement of the public revenues, rendering more secure their custody, and consulting a true economy in the great multiplied and del icate operations of the Treasury Department. Upon cuch aniigent depends, in ah eminent degree, the establishment of a currency of uniform value, which is of so great impor- i - -f . : . - j i . . . . ..: r -- ----- - - . - - ' ki i n tarice to allthe essential interest30f sbcielrr andJoathe wisdom ;to be: manifested 1 in iu creation much depends Sointimately in terwoveri are its operations, not only with the interests ot Individuals, but with those jof the States," that it may be regarded in a great de gree as controlling both. If paper be used as tne chief medium of circulation, and the power be vested in the Government of issu ing it at pleasure, either in the form of Trea sury drafts or anv other, or if Banks be used ai the public depositories, with lrerty to re- garu an surpiuases irom day ta flay, as so much added to their active capita, prices are exposed to constant fluctuations, and indus try " jto severe suffering. In the one case, po- uiicui considerations, uirectea to pariy pur posjes, tnay control, while excessive cupidi ty' may prevail in the other The public is thus constantly liable to imposition. Ex pansions and contractions may follow each, other in rapid succession, the one engender ing a reckless spirit of adventure and spec., ulatior), which embraces States as well as in dividuals ; the other causing a fall in prices and accomplishing an entire change in the aspect of affairs. Stocks of all kind's rapidly decJine-'-individuals are ruined, and States embarrassed even in their efforts to meet with punctuality the interest on their debts. Such, unhappily, is the state of things now existing Writhe IJnited may? readily be traceto the CJk:s abbv referred Xo The public reyenseSWon being removed from the thenSank ofctISfUnited4 States, under an order of a late President, were placed in selected State Banks, which, actuated by the doublemotive of conciliating the Government and augmenting their pro fits to the greatest possible extent,. enlarged extravagantly iheir discounts, thus enabling all other existing Banks to do the same. Large dividends were declared, which, stim ulating the cupidity Of capitalists, caused a rush to be made to the Legislatures of the respective States for similar acts of incorpo ration, which; by many of the States, under a temporary infatuation, were readily grant ed, and thus the augmentation of the circu lating medium, consisting almost exclusive ly of paper, produced a most fatal delusion. An illustration, derived from the land sales of the psriod alluded to, will serve best to show the effect of the whole system. The average sales of the public lands, for a peri od of ten years prior to 1834, had, not much exceeded $2,000,000 per annum." In 1834 they attained, in round numbers, to the amount of $6,000,000. In the succeeding year of 1835 they reached $16,000,000. And the next year, of 1836, they amounted to the enormous sum of $25,000,000. Thus crowds ing into the short space of three years up wards of twenty-three years' purchase of the public domain. So apparent had become the necessity of arresting this course of things, that the Executive department assumed the highly questionable power of discriminating in the funds to be used in payment by dif ferent classes of public debtors a discrimi nation which was doubtless designed to cor rect this most ruinous state of things by the exaction of specie in all payments for the public lands, but which could not at once arrest the tide which bad so strongly set in. ilence the r demands for specie became un: easTngranoT cVrrespondirprosti!&tibn ra pidly ensued under the necessities, crea ted with the Banks to curtail their discounts, land thereby to reduce their circulation. :I recur to these things with no disposition to censure pre-existing administrations of the Government, but simply in exemplifica tion of the truth of the position which I have assumed. If, then, any fiscal agent which may be created shall be placed, without due re strictions, either in the hands of the adminis trators of the Government, or those of private individuals, the temptation to abuse will prove to be resistless. Objects of political aggrandizement may seduce the first, and the promptings of a boundless cupidity will assail the last. Aided by the experience of the past, it will be the pleasure of Congress o to guard and fortify the public interests, n the creation of any new agent, as to place them, so far as human wisdofn caif accom plish it, on a footing of perfect security. Within a few years past, three different schemes have been before the country. The charter of the Bank of the United States ex pired by its own limitation in 1836. An effort was made to renew it, which receiv ed the sanction of the two Houses of Con gress, but the then President of the United States exercised his veto power, and the measure was defeated. A regard to truth requires me to say that the President was fully sustained in the course he had taken ty the popular voice. His successor in the Chair of State unqualifiedly pronounced his Opposition to any new charter of a similar institution; arid not only the popular elec tion which brought him into power, but the elections through much of his term, seemed clearly to indicate a concurrence with him in sentiment on the part of the people. After Jthe public, moneys were witiidrayir fromjhe unitear states canK, mey were pracea in ae posite with the State banks, and- the result of that policy has been before the country. To say nothing. as to the question whether that experiment was made under propitious or adverse circumstances, it may safely be asserted that it did receive the unqualified Condemnation of most of its early advocates, and it is. believed was also condemned by the popular sentiment. The existing sub Treasury svstem does not seem to stand in higher favor with the people, but has recent ly been condemned in a manner too plainly indicated to admit of a doubt. Thus, in the snort period of eight years, the popular voice may be regarded as having successively con demned each of the three schemes of finance to which I have adverted. As to the first, it was introduced at a time (1816) when the State banks, then comparatively few in num ber, had been forced to suspendpecie pay ments, by reafeon of the warrlficbad pre viously prevailed withGreat Britain Wheth er, if the United States Bank charter which expired in 1811 had been renewed in due sea son, it would have been enabled to continue ppscie payments during the war and the disas trous oeriod to the commerce of the coun try which immediately succeeded, is, to say the least, problematfcal : and whether the United States Bank of 1816 produced a res toration of specie payments, or the same was accomplished through thelhstrtimentalityoi other means, was a matter of some difficul ty at that lime to determine Certain' it is, that, for the first years of the operation of that bank, its course was as disastrous as for the greater part of its subsequent career it became eminently successful. As to the second, the experiment was tried with a re dundant Treasury, which continued to in-, crease until it seemed to be the part of wis dom to distribute the surplus revenue among the States, which, operating at the same time with the specie circular, and the causes be fore adverted to, caused" them to suspend specie payments, and involved the country in the greatest embarrassment. And, as to the third, if carried through all the stages of its transmutation, from paper and specie to nothing but the precious metals, to say noth ing of the insecurity of the public moneys, its injurious effects have been anticipated by the country in its unqualified condemnation. What,is now to be regarded as the judgment of the American people on this whole sub ject, I have no accurate means of determin ing, but by appealing to their more immedi. ate representatives. The late contest which terminated in the election of Gen. Harri son to the. Presidency, was decided on prin ciples well knownand openly declared : and, while the sub-Treasury received in the re sult the most decided condemnation, yet no other sCal.e;esetmed tohate been concurred in. To y6tr,4henl who have come moredirectly from the body of our common constituents, 1 submit the entire question, as best qualified to give a full exposition of their wishes and opinions. I shall be ready to concur with you in the adoption of such system as you may propose, reserving to myself the ultimate power of rejecting any measure which may in my view of it conflict with the Constitution, or otherwise jeopard the prosperity of the country; a pow er which I could not part with even if I would, but which I will not believe any act of your3 will calt into requisition. I cannot avoid recurring, in connexion with this subject, to the necessity which ex ists for adopting some suitable measure whereby the unlimited creation of banks by the States may be corrected in future. Such result can be most readily achieved by the consent of the Elates, to be expressed in the form of a compact among themselves, which they can only enter into with the consent and approbation of thi Government ; a. con sent which might, in the present emergency of the public demands, justifiably be given in advance of any action by the States as an inducement to such action upon term3 well defined by the act of tender. Such a mea sure, addressing itself to the calm reflection of the States, would find in the experience of the past, and the condition of the present, much to sustain it. And it is greatly to bel 1 1 1 l 1 I ' T uouoieu wnexner any scnemc oi nnance can prove for any length of time successful, while the States shall continue in the unrestrained exercise of the power of creating banking corporations., This power can only be iimi-. ted by their consent. With the adoption of a financial agency of a satisfactory character, the hope may be indulged that the country may once more return to a state of prosperity. Measures auxiliary thereto, amfy in some measure,n separably connected with its success, will doubtless claim the attention of Congress.- Among such, a distrbution of the proceeds of the sales of the public lands, provided such distribution does not force upon Congress the necessity of imposingupon commerce hea vier burdens than those contemplated by the act of 1833, would act as an efficient reme dial measure by being brought directly in aid of the States. As one sincerely devoted to the task of preserving a just balance in our system of government, by the mainten ance of the States in a condition the most free and respectable, and in the full possession of all their power, I can no otherwise than feel desirous for their emancipation from the situation to which the pressure on their finances now subjects them. And, while I must repudiate as a measure founded in er ror, and wantiugconstitutional sanction, the slightest approach to an assumption by this Government of the debts of the States, yet I can see, in the distribution adverted to, much to recommend it. The compacts be tween the proprietor States and this Govern ment expressly guaranty to the States all the benefits which may arise from the sales. The mode by which this is to be effected ad dresses itself to the discretion of Congress, as the trustee for the States ; and its exercise, after the most beneficial manner, is restrain ed by nothing in the grants or in the Con stitution, so long as Congress shall consult that equality in the distribution which the compacts require. Jn the present condition of some of the States, the question of distri bution may be regarded as substantially a j question between directandindirecttaxation. If the distribution be not made 4 n some form or other, the necessity will daily become more urgent with the debtor States for a re- sorr. to an oppressive system of direct taxa tion, or their credit, and necessarily, .their power and influence, will be greatly dimin ished. The payment of taxes, after the most inconvenient and oppressive mode, will be exacted in place of contributions for the most part voluntarily made, and therefore comparatively unoppressive. The States are emphatically the constituents of this Govern ment; and we should be entirjely regardless of the objects held in view by them in the creation of this Government if we could be indifferent to their good. The happy effects of such a measure upon all the States would immediately be manifested. With the-debt-or States it would effect the relief to a great extenfof the citizens from a heavy burden of direct taxation which presses with sever ity on the laboring classes, and eminently assist in restoring the general prosperity. An immediate advance would take place in the.price of the State secy rities, and the at titude of the States would become once more, as it should ever be, lofty and erect. With States laboring under no extreme pres sure fom debt, the fund which they would derive from this source would enable them to improve their condition in an eminent de gree. So far as this Government is concern ed, appropriations to domestic objects, ap proaching in amount the revenue derived from the land sales, might be abandoned, and thus a system of nnaara1Lhrefbre unjust legislation would be substituted by one dispensing equality to all the members of this confederacy . Whether' such j jrjistri bution should be made directly to tbi States in the proceeds of the sales, or in the form of profits by virtue of tlio operations of any fiscal agency having those proceeds as its basis, should such measure be contemplated by Congress, would well deserve its conside ration. Nor would such : disposition of the proceeds of the sales in any manner prevent Congress from time to time from passing all necessary pre-emption laws for the benefit of actual settlers, or from making any new arrangement as to the price of the public lands which might in futurebc esteemed de sirable. :l 1 I beg leave particularly to call your atten- tention to the accompanying report from the Secretarytof War. Besides the present state of the war which has so long afflicted the Territory of Florida, and the various other matters of Interest therein-referred to, you will learn from it that the Secretary has in stituted an inquiry into abuses which prom ises to develope gross enormities in connex ion with Indian treaties which have beep ne gotiated, as well as in the expenditures for the removal and subsistence of the Indians. He represents, also, other irregularities of a serious nature that i hjivc grown up in the tJractice of the Indian Department, which will require the appropriation of upwards of $200,000. to correct, and which claim the immediate attention of Congress. In reflecting on the proper means of de fending the, country, we cannot shut our eye3 to the consequences which the introduc tion and use of the power of steam upon the ocean are likely to produce in wars between maritime States. We cannot vet see the ex tent to which this power may be applied in belligerent operations, connecting itself as it does with recent improvements in the sci ence of gunnery and projectiles ; but we need have no fear of being left, in regard to these things, .behind the most active and skilful of other nations if the genius and en terprise of our fellow-citizens receive proper encouragement and direction from Govern ment. True wisdom would, nevertheless, seem to dictate the necessity of placing in perfect condition those fortifications which are de signed for the protection of our principal ci ties and roadsteads. For the defence of our extended maritime coast, our chiefreliance should be placed on our navy, aided by those inventions which are destined to recommend themselves to public adoption. But no time should be lost in placing our principal cities on the seaboard and the lakes in a state of entire security from foreign assault. Separated as we are from the countries of the old world, and in much unaffected by their policy, we are happily relieved from the ne cessity of maintaining large standing armies in time of peace. The policy which was adopted bv Mr. Monroe, shortly after the i conclusion of the late war with Great Brit ain, of preserving a regularly organized staff sufficient for the command of a large milita ry force, should a necessity for one arise, is founded as well in economy as in true wis dom. Provision is thus made, upon fillin? up th rank ajKLfilabich," n .jeadybe. done on any emergency, for the introduction of a system of discipline both promptly and efficiently. All that is required in time of peace is to maintain a sufficient number of men to guard our fortifications, to meet any sudden contingency, and to encounter the first shock of war. Our chief reliance must be placed on the militia. They constitute the great body of national guards, and, in spired by an ardent love of country, will be found ready at all times and at all seasons, to repair with alacrity to its defence. It will be regarded by Congress,! doubt not,atasuitable time, as one of its highest duties to attend to their complete organization and discipline. The state of the navy pension fund requires the immediate attention of Congress. By the operation of the act of the 3d of March, 1837, entitled An art for the more equitable ad ministration of the navy pension fund," that fund has been exhausted. It will be seen from the accompanying report of the Com missioner of Pensions that there will be re quired for the payment of navy pensioners, on the first of July next, $84.006,06, , and on the first of Januarj', 1842, the sum of $60,000. In addition to these sums, about $6,000 will be required to pay arrears of pensions, which will prolbablv be allowed be tween the firstof July and thefirstof January, 1842,makinginthewholp$150,00606l. to meetthese payments there is within lhecontrol of the Department the sumof $28.040,leavinsr a deficit of $121,966 06. The public frith requires that immediate provision ehould be made for the payment of t'lese sums. In order to introduce into the navy a de sirable efficiency, a new system of arcounta- bility tnay be , found to be indispensably ne- cessary. To mature apian having for us That this phenomenon may have an influ object the accomplishment of an end so im-1 ence upon the temperature of our atmosphere n)ritfnvnl lo meel thrr jt cx jcctn( un of the country, require more time than has yet been allowed to the Secretary at ihe head of the Department. 1 he hope is indulged that by the lime of your next regular session measures of importance, in connexion with this branch of the public service, may be ma- tured for )our consideration. Although the laws regulating the Post Of fice Department only require from the officer charged with its direction to report at the usual annual session of Congress, the Post master General has presented to me some facts connected with the financial condition of the Department which are deemed worthy the attention of Congress. By the accompa nying report of that officer, it appears that the existing liabilities of that Department be yond the means of payment at its command cannot be less than five hundred thousand dollars. As the laws organizing that branch of the public service cunfine the expenditure to its own revenues, uenciencies inerein can not be presented tinder the tfsual estimates for the expenses of Government. It must therefore be left to Congress to determine whether the monevs now due to contractors shall he paid from the public Treasury, or whether that department shall continue un der its present embarrassments. It will be w seen by the -report of 4he Postmaster Gene ral that the recent letting of contracts insev feral of the States have been made at such - uuceu rates oi compensation as to encourage the belief jthat, if the department was relieved from existing difficulties, its future operations might bconducted without any5 further oall optJii ihe" general Treasury, The power of appointing to office is one of a character the most delicate and responsible.-: Ttie appointiag power js evermore-exposed to be led into error. With anxious so licilude to select the most, trust worthy for official nation, I cannot be supposed to pos sess a personal knowledge of the qualifica tory of every applicant, . I deem it therefore proper, in this most public manner, to invite on the part of the Senate, a just scrutiny in to the character and pretensions of every person whom I may bring to their notice in the regular form of a nomination for office. Unless persons every way tiustworthy are employed in the public ervi-ei corruption ' and irregularity will inevitably follow. I shall, with the greatest cheerfulness, acqui esce in the decision of that body, and, regard ing it as" wisely constituted to aid the Exec titive department in the performance of this delicate duty, I shall look to its consent and advice as given only in furtherance of the best interests of the. country. I shall, also, at the earliest proper occasion, invite ' the attention of Congress to such measures as in my judgment will be best calculated to ' repUte and control ihe Executive power in m! u?hVlly- imi.ort.tii subject. your attention to theauiutory nt.ctnents for the suppression of the tlave trade, which may require to be rendered more efficient in their provisions. There is reason to believe that the traffic is on the increase. Whether such increase is hi be asrribed to the aboli tion of slave labor in the British possessions in our vicinity, and an attendant diminution in the supply of those articles wh'u'li enter into the general consumption of the wor'd, thereby augmenting the demand from other quarters, and thus ciHimr for additional labor, it were needless to inquire. The highest considerations of public honor, as well as the strongest piompiin? of humnnitv, require a resort to the most vigorous efforts to suppress the trade. In conclusion, I beg to invite your particu. lar attention to the interests of'this District. Nor do I doubt thaU in a liberal spirit of leg islation, you will seek to advance its com mercial as well as its local interests. Should Congress deem it to be its duty to repeal the existing sub-Treasury law, the necessity of providing a suitable place of deposite for the public moneys which may he required with in the District must be apparent to all. I. have felt it to be due to the country to present the foregoing topics to your' conside ration and reflection. 'Other?, with which it might not seem proper to trouble yoii at an extraordinary session, will be laid before you at a future thy. I am happy jn committing the important affairs of the rnnntry into your hands. The tendency of public sentiment. L am pleased to believe, is towards the adop tion, in a spirit of union and harmony, of such measures sas will fortify the public in terests. To cherish such a tendency of pub lic opinion is the task of an elevated patriot ism. That differences of opinion as to the I jayans o rr.nmp'.imhing tl1pae.jfesii9.hje", pb ject3 should exist is reasonably to he expect ed. Nor can all be made satisfied with anv" system of measures. But I flatter myself with the hope that the great body of the peo ple will readily unite in support of those, whose efforts spring from a disinterested- de sire to promote their happiness ; to preserve the Federal and State Governments within their respective orbits ; to cultivate peace with all the nations of the earth nnjdst and honorable grounds ; to exact obedience to the laws; to enirench liberty and property hi full security ; and, consulting the most rigid economy, to abolish all useless expenses. JOHN TYLER. Washington, June 1, 1841. Wasbisotow, June 4. The Teport of the decretory of the Treasury on the state of the Finances, &c. was yealerday transmitted to bolh Houses of Uongipss. We shall publish It entire as eaily as practicable. In the meantime we state, for the information of our readers, that the Sec retary explicitly recommend the establishment of a central fiscal institution, having the leading feature of a ISational Bank. National Intelligencer. Black spot in thk Ssujt. A black spot upon the Sun's disk, larger than a star of the first magnitude, is plainly visible to the naked eye, by looking througb a ' picceof smoked glass, it is upon the western or northwestern side, about one quarter of the distance from the centre to the periphery, and must be several thousand miles in diam eter. It is to be hoped that some of our as tronomers will watch its course and progress. and thereby learn the period of- the Sun's revolution oh its axis, and the inclination of its axis to the plain ot the earth's orbit. r ;3 not improbable, when fve Compare til geason thus far. with the cold summer of 1816, when similar phenomenon was ob- served. The abstraction of a column of Lays of a few thousand miles in diameter for the space of six or eight months only, vv a 1 1 certainly be no mean fraction of our or- dinary supply. New York Exprets. PRISTlKCi IKK., in 20 and 25 lbs. --and Book do in 15 lb. keg-., just to band. They are ottered for Gash, at 10 per CrnU on brsi cost, and et- p-nse of getiing from New x ork. We intend to keep the article contaatly, and will be happy to supply out Editors. . W ILL. : rtiUlU Paleigh, Jnne 7. . 7. "TJOTICK. The Sulcriber. having qualified as Jj AdnihiUlrator upon the Estate of Jons Uavcox, dee'd. hereby gires notice to all persons having debts, claims or demands against his intestate, to present ihem to him for pnynieHt, properly proven, within the lime prescribed by law, otherwise, ibis notice will be plead in bar of iheir recuvery. And those iude'.rtett to said iite!at, are requested lo make immediate pavneit. He is also ready to make a final wntlement of the Estate, add request ihe distributees and chil dren of said John Baucem, deceased, t come for ward and receive iheir sbar of the funds -now iu ni ha.l. UR1AS BAUCOM. Wake County, June t. 7 8'P r MORE ffEfT SHOES ! -This day receited direct from Philadelphia via Balumore, 24 pair Ladiea Paris Plaid Slippers 24 do. Mi&3es and Children do. " JAMES M. TOttLES. 11 $0 It R I i i I o u 0 ,: wJ nr. i " It If :;r- : -t i

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