, 1841-06-19

SONS incident 10 them are conducted in IN,
language OF truth, and with a strict regard
10 justice, the scourge of war will for The
most part be avoided. The Time ought tc
be regarded as having gone by when a resor
10 arms is to be esteemed as the only prone,
arblter of national differences.
The census recently taken shows a regu,
lnly progressive increase in our population.
Upon the breaking out of the war of the
revolution our numbers scarcely equaled s,
100000 of souls, they already exceed IL,
100000. and will continue TO progress in a
ratio which duplicates in a period of about
% years. The old States contain a territory
sufficient in itself to maintain a population OF
additional millions, and the most populous oil
the new States may even yet be regarded as
but partially settled. while of the new lands
on this side Of the Rocky mountains, to say
nothing Of the immense region which stretch
es from the base of those mountains 10 the
mouth of the Columbia river, about 100000,
600 Of acres, ceded and unceded, still re-
main TO be brought into market. We hold
out to the people Of other countries an invi.
tatlon TO come and settle among US as mem
bers of our rapidly growing family, and for
the blessings which we offer them, we re-
qulre of 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 our liberties. No mo-
tive exists for foreign conquests-we desire
but TO reclaim oui almost illimitable wilder
ness, and 10 introduce into their depth the
lights of civilization. While we shall at oil
times be prepared 10 vindicate the nation
al honor, our most earnest desire will be to
maintain an unbroken peace.
In presenting the foregoing views, | can
not withhold the expression of the opinion,
that there exists nothing in the extension Of
our empire, over our acknowledged posses
sions, 10 excite the alarm of the patriot for
the safety of our institutions. The Fedora
tive system, leaving TO each State the care
of lis domestic concerns, and devolving on
the Federal Government those Of general i'm
port, admits in safety Of the greatest expan-
SION; but, at the same time, | deem il proper
10 add, that there will be found to exist, at
all times, an impcrious necessity for restrain
Inc all the i~unctIonaries of this Government
within the range of their respective powers,
thereby preserving a Just balance between
the powers granted 10 this Government and
those reserved TO the States and 10 the Peo-
pie.
From the report of the Secretary of the
Treasury you will perceive that the fiscal
means, presents and accruing, are sufficient
TO supply the wants Of the government for
the current wear. The balance in the Trea-
surv on the 4ih dav Of March last. not COW
cred by outstanding drafts, and exclusive Of
trust funds, is estimated ut S390.OOO. This
includes the sum of S2I5.O00 depositcs in
the mint and its branches to procure metal
for coming, and in the process of coinage,
and which could not be Withdrawn without
inc"nvenience-lhus leaving subject to
draft. in the various repositories, the sum Of
S645,OOO. By virtue of two several acts Of
Congress, the Secretary Of the Treasury
was authorized 10 issue, on and after the 4th
of S5.413,O0O, making an aggregate availa-
bic fund on hand of S~6,058,Oo0.
But this fund was chargeable with out
standing Treasury notes redeemable in the
current year and interest thereon to the esti-
mated amount of S%5,esO,ooo.
There is also thrown upon the Treasury
the payment Of a large amount OF demands
accrued in whole, or in part. in former, years
which will exhaust the available means of
the Treasury and leave the nccruing reve-
nue., reduced as it is in amount, burthened
with debt. and charged with the current cx-
penses Of the Government.
The aggregate amount Of outstanding ap-
propriatipns, on the 4th of March last, was
S33,429. 686. so, of which S24,2lo,3oo, will
be required during the current year, and
there will also be required, for the use Of the
War Department, additional appropriations
to the amount of S2,511,l32 90, the special
objects of which will be seen by reference
TO the Report of the Secretary of War;
The anticipated means of the Treasury are
greatly inadequate TO this demand. The re-
ceipts from customs for the last three quar-
tiers of the last year, amounted TO Sl2,l0o,-
200. The receipts for lands for the same
time to Se,742,43o 60, showing an average
revenue from both sources of Sl,23s,870
per month. A gradual expansion OF trade,
growing out Of a restoration of confidence,
together with a reduction in the expenses OF
collecting and punctuality on the part of col
lecting officers, may cause an addition TO the
monthly receipts from the customs-they
are estimated, from the residue Of the year,
NI...L - c10n00 mn -