Southern planter., 1832-12-22
But their clnims

are not neglected, s. wilt on all proper occasions
be urged. aud IT is hoped, with effect
refrain from making aoy communication on th,
subject Of our affairs with Buenos Ayres, becaus,
the negotiation communicated 70 you in my last an
nnal message, was at the date Of our last adyicos
! still pending, and in state that would render
publication Of the details inexpedient.
A treaty Of Amity and Commerce has been for
med with the Republic Of Chill, which, if appro
vedby the Senate, will be laid before YOU. Thai
government seems 10 be established and at peace
with its neghbors; and IFS ports being the resort oil
our ships which arc emf loyed in the highly import
ant trade Of the fisheries, this commercial conven.
tion cannot but be Of great advantage TO our fel
low citizens engaged in that perilous but profitable
business.
Our commerce with tie neighbonng State of Pc.
~, owing 20 the onerous duties levied our prin.
cipal articles Of export, has been on the decline,
Hnd all endeavors TO procure an alteration have hith
orto proved fiutcss With Boliva, we have vet
no diplomatic intercourse, and The continual contests
carried on between il and Peru have made me defer,
until more favorable period, the appointment Of
any agent for that purpose.
An act OF ailrocious piracy having been commit
ted on one Of our trading ships by the inhabitants
OF settlement on the west coast Of Sumatra;
! frgaie was despatched with orders to demand sat
should be found members Of a regular government,
capable Of maintaining the usual relations with for.
egn nations but f as il was supposed, and as they
proved TO be, they we're band Of lawess pirates,
to lnflict such chastsement as would deter them
others from like aggressons. This last was done,
and the effect has been increased respect for our
flag IN those distant seas, and additional security
FOR our commerce.
In the view have given Of our connexion with
foreign powers, illusions have been made to their
domestic disturbances or foreign wars to their rev.
olutions or dissentions. II may bo proper to ob.
serve that this is done solely in cases where those
events affect our political relations with them,
or TO show their operation on our commerce.
Further than this, it is neither our policy nor our
right to interfere. Our best wishes on all occa-
sons our good offices when required, will be afIor-
ded, to promote the domestic tranquility and for
eign peace Of all natons with whom we have any
intercourse. Any Intervention in their affairs fur
ther than this even by the expression of official
opinion, is contrary 10 our principles of interaa-
tional policy, and will always be avoided.
The report which the Sec'y of the Treasury will
in due time, lay before you, will exhibit the nation
al finances in a highly prosperous state Owing
to the continued success of our commercial enter
prize, which has enabled the merchants to fulfil their
from customs during the year, will exceed the esli-
mate presented at the last session; and with the
other means of the Treasury, will prove fully ade
quate, not only to meet the increased expenditures
resulting from the large appropriations made by
congress, but to provide for the payment of all the
public debt which is at present redeemable. II is
now estimated that the customs will yield TO the
Treasury, during the present year, upwards of twen-
tyelght millions of dollars The public lands
however, have proved less productive than was an.
icipatedi and, according TO present information.
will fall short Of two millions. The expendi.
lures for all objects other than the public debt are
estimated to amount during the year to about six
teen millions, while still larger sum, viz: eigh
teen millions OF dollars, will have been applied to
the principal and interest of the public debt
1t is expected, however, that in consequence of
the reduced rates of duty which will take effect az
ter the Sd ofMarch next, there will be con.idera.
BILE falling off IN the revenue from customs in lie
year 1888. II will, nevertheless, be amply sufi. !
clent TO provide for all the wants of the public SER
vice, estimated even upon liberal scale, and for
the redemption and purchase of the remainder off
thepubllc debt. On the first of January next. the
entire public debt Of the United States funded and
uniunded, will bereduced to within fraction of Sc
ven millions Of dollars; Of which S9.927 AGA are
not OF right redeemable until the first of fanuarv.
1884, and S4,135 296, not until the I'd of January
1880. The commissioners Of the sinking fnnd. |
however, being invested with full authority 10 pur,
chase the debt at the market price, and the means
OF the Treasury being ample, it may be hoped thai
he whole will be extingushed within the wear I833
cannqt too cordially congratulate congress and
my fellow citizens on the near approach of that
memorable and happy event, the extinction of the
public debt OF this great and free nation. Faithful
to the wise and patriotic policy marked out bv The
legislation of the country for this object, the pres
ent administration has devoted TO il all The means
which fourishing commerce has supplied. and n
prudent economy preserved for the public Treasu.
Iy. within the four years for which the people
have conhded the executive power to INV cbarge.
millions of dollars will have been apped
to the payment of the public debt. That This
has been accomplished without siintng tho expen-
duures Tor all other proper objects will be seen b,
referring 10 the liberal provisions made during tbe
same period for the support and increase Of our
means Of our maritime and military defence, for in
lernal Improvements of national character, for
Ihe removal and preservation of the Indians, and
laslly Tor the gallant veterans Of the revolution.
The final removal Of this great burthen ffom onr
resources affords the means of further provsio, e.