US Presidency
1819

The minister of the United States has been instructed to name to the British Government a foreign sovereign, the common friend to both parties, for the decision of this question. The answer of that Government to the proposal when received will indicate the further measures to be pursued on the part of the United States. Although the pecuniary embarrassments which affected various parts of the Union during the latter part of the preceding year have during the present been considerably augmented, and still continue to exist, the receipts into the Treasury to the 30th of September last have amounted to $ 45ĐżŃ—Đ…. After defraying the current expenses of the Government, including the interest and reimbursement of the public debt payable to that period, amounting to $ 18.2 M, there remained in the Treasury on that day more than $ 2.5 M, which, with the sums receivable during the remainder of the year, will exceed the current demands upon the Treasury for the same period.