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whole amount of the public debt at S79,-
ooo. 600. and regarding the annual receipts
and expenditures Of the government, a


well-founded hopemay be entertained, that


shonld no unexpected event occur, the |
whole Of the public debt may be discharged


IN thc course of ten years, and the govern |
mcnt he left at liberty afterwards to apply
such portion of the revenue as may not be
necessary for current expenses, to such
othcr objects as may be most conducive to
the public security and welfare. That
the sums applicable to these objects will
be very considerable, may be fairly CON
cluded, when it is recollected, that large
amount CT the public revenue has been ap-
piled, since the late war, to the constluc-
! tion of tac public buildings iii this city, to
the erection of Notifications along the coast


and of arscnals i'll different parts OF the
Union to the augmentation OF the Navy,


to the cxtinguishment of the Indian title
TO large tracts of fertile territory to the


ACQUISITION Of Florida ; topensions to Revo-


lutionary officers and soldiers and to in


yalids Of the late war. On many OF these
objects, the expense will annually be diml-
nished, and at no distant period cease on


most of all. On the first day OF January


1917, the public debt amounted oSl23,-


4o1 ,965 l6; and, Notwithstanding the large


sums which have been applied to these


objects, it has been reduced, since then,


s57, ,446,o6 rs. The last Of the public
debt will be redecmakle on the first OF Jan


uary, 1885, and while there is the best


reason to believe that the resources OF the


government will be continually adequate to


such portion OF it as may become due, IN
the interval, it is recommended to Con


gress to seize every opportunity which
NAV present itself, to reduce the rate OF
interest upon every part thereof. he
high state Of the public credit, and the


great abundance OF money, are atthls time


very favourable to such result. 1t must


be very gratifying TO our fellow citizens, to


witness this hourishing state OF the public


finances, when it is rccolected that no


burden whatever has been imposed upon


them.


The Military Establishment, in all its
branches, in The pertoI nance OF the va
rious duties assigned to each, justiiies


The favourable view which was presen-


ted Of the efficiency Of its organization,
at the last session. Alllhe appropriations
have been regularly applied to the OBJ
iects intended by Congress; and, SO far
. as The disbursements have been made,
the accounts have been rendered and
! settled, without loss TO the public. The
! condition Of the army itself, as relates to
The offic S and men, in science and dis
i ciplinc, is highly respectable. The Mil
. itsry Academy, on which :he army es-
, sentally rests, and to which, il is much
} indebted for this state of provement,
has,attaired,in comparison with any other
institution Of like kind. high degree
r of perfection. Experience, however,
has shown, that the dispersed condition
D ofthc Corps Of Artillery is untavourable
: to the discipline ofthat Important branch
J Of The Military Establishment. To re-


medy this inconvenience, eleven COM
! paniss have been assembled at The forti-
: hcalions erected at Old Point Comfort,
n as a school for artillery instruction; with
4 ntention,as they shall be perfected in the
: various duties of ,hat service, to order
: them to other posts, and TO supply their
6 places with other companies. for ins'ruc-
!. ton in like manner In this mode, a
d complete knowledge Of the science and
is duties Of this arm will be extende
y Throughout the whole Corps of Artillery.
! Bot, TO carry this object fully into eff, CT,
I will require the aid Of Congress; 10 oh.
Il tain which, the subject is now submitted
d toyonr consideration.


; or the progress which has been made
.r in The construction Of Fortihca,ions 10,
y the permanent dy fence of our maritime
= lron.ier, according to the plan decided
10 on, ard to the extent Of the existing ap
ID pronriations, the report OF The Secretary
81 Of !, ar, which is herewith communica


ted will give detailed account. Theil
&C enal completion cannot fail to give grea
i, addi,innal security to that frontier, ant
ID to diminisn proportionably the expense
/, Of offending il in the even, oi war.
e The pr.yisions in The several acts O
:. Congress Of the last session. for the i'm
n provement ol the navigation Of the Mis-
i. sissippi and the Obin, OF the Harbour Q


i'resq'i lie on lake Ere, and the repair o
ed tie Plymouth Beach, are in course @
Of regular execution, and thee is reasoi
he to believe hat the appropriation in eacl
1e instance will be adequate 70 the object


10 carry these Improvements fully int,
~ ~ effect, the superlntentence ol them ha
~ been ass s ed to officers Of the Corps {
90 Engineers.


Under the act of the 3oth April las
a authorizing The President 10 cause sur
~ =, yty to be made with the necessary plan
III and estimates Of such roads and canal,