Washington telegraph., 1848-12-20
From the Pieaga,le. Dec. Q.
TIE PRESIDENTS MESSAGE

The following abstract OF the message
of the President we copy from the Albany
Journal, received IN advance OF the mail
BMrmoRE, Dec, 3, lSis.-The Presi,
dents message was delivered to-day to
tie Two Houses OF Congress at Il, M,
Il commences by invoking Providence
alludes to European powers and their
troubles, and the condition Of commerce
IN equence-coutrast the pence aud
prosperity in America since the nhfca.
ton of the treaty OF peace with Mexico
with the instability oil Earope, declares
that our war with Mexico affords demon.
stration of our military strength TO the
whole world. Regards the annexation
OF Texas Us magnificent achievement,
adding wealth, territory, and numerous
Other advantages, toihe country. Speaks
glowingly of the California gold mines
recommends Government 10 establish
bfnneh mints in Caliofnia-believes the
acquisition of New Mexico, California
and Texas will add more 10 the wealth
oI the nation than any thing since the
formation OF the constitution.
Provision has been nude for collecting
revenue from new euitories-recom.
mends speedy formation Of Territorial
Governments over New Mexico, Cali.
iornia aud other provinces.
-Four columns OF the message are filled
about Mexico and California.
The President thinks Congress has 60
right 10 interfere with slavefy-helieves
it matter belonging to individual states
to settle hcmselpes-lhinks the consti.
tuition did not warrant interference with
private rights, with individual property
and recommends that the compromise
be extended TO the parallel OF Soc, ex.
tending New Mexican and Texas bound.
aries thus to the Pacific 0;ean.
This middle ground may satisfy Nil
sections OF the union. The slavery ques.
ton he regards as the only dangerous
one in our palh, and inyokts Congress to
adjust it amieably,
lie recommends the establishment OF
surveys over the gold mine regions, and
the bringing the lands into market, and
suggests that provision he llade to adjust
uniiqnidaled claims of our elh2ens against
Mexico, except the three aud a quarter
millions.
lie recommends eoneliaor, peaceful
and honorable dealings with he Oregon
and other Indian tribes.
The imports Of the fiscal year ending
the 3Oth Of June last were oue hundred
aud sixiy.ionr millions nine hurdted aud
twentY.sesen Thousand dollars; OF which
were exported tweay-one miHions one
hundred aud tweniy.eight thousand
leaving on hand thirty.thrre millions.
/ I'VE presume tins should be 3s,UOO, 900
instead OF 30, O00, ,0OD.-Eds. Joprnatl
The value OF our exports for he same
period was iiiiy,iour millions, One hun.
dred aud tifty.iour millions, probably
Eds. Journal.
REyeNuE,-.Tha receipts inlo the
Treasury Tor the SAINT period, SSj, 400.
600 OF which. derived from customs,
s3l, 100000 iron public lands, ntarly
Sl,1OO,000
The expenditures during the fiscal year,
including the war, and excluding prhci.
pal and interest on the public debt, we're
Sl2,sll, $40.
The Iarill, he says operates iavorahy
The constitutional treasury is hlglly
praised Tor its beneficial effects.
The estimated expenditures for .he
next fiscal year believed to be ample.
lie recommends the establishment Of a
branch mint in New York.
4 favorable view Is presented OF The
War Department, and OF the necessity oI
armies heneeiorlh.
Posr OFriCE DEPARTuENT.-The 'e,
ccipts of the Post Office are increasing
largely beyond expeeia;ions-rccommend.
minor notifications in the present law
believes the cheap postage system the
best
lie opposes the United States Bank
believes 1t the first step towards eslab
fishing an aristoeracy like that OF GreaI
Britain.
Three columns Of the message are de,
voted to an argument agniusl such sys
TEN OF banking, and against, a high pro
tectiyo iaril. aud in favor of the use o
the veto power, and concludes by saying
his administration has been an eyeniiu
one--that he did all for the best, and he
invokes the blessing OF the Almighty Oh
our future.
The whole message fills twelve col
umns OF the Union, closely printed.
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