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quenoe 5 tho impressive warnings their commanding of Ilcof ad ree9lFcd rom the Department of War; It is hoped and believed that his government take more dlspasslonate and just view Of the subject and hpt be disposed to constrHe measure of usfabe precalfon

 made necessary by it's known inability in execution of the stPulatoAs of our treaty, te upon the frontier honor. -'N

 In the mean time, the ancient complaints of justice. made on behalf oeH eitzsns are dsreparled and new causes ot dissatisfaction have arsen some of them of chafactef req0rng prompt ramonstrance and ape and immediate redress. ] trast however, by temperine hrnness with courtesy, and acting with oraat orbear ance upon every incident that has occurred or that may hapPen to do and obtain justice and thus avoid the ne cessity of again bringing this subject to fine view f Con eress.

 It m duty to remind you that no provision has been made to execute our treaty with Mexico for tracing the boundary line between the two countries. Whatever

 may ge tue prospect of 1eXeo being soon able to cute the treaty on It's part proper that should be- Tn ahtelpaon prepared at all times to perform obli- gaons without regard to the probable condition of those with whom we have contracted them.

 The result of the confidential inquiries made into the condition and prospects of the newly declared Texan go- yernmeht, will be declared to you in the course o the session.

 Commercial treaties, promising great advantages to our enterprslng merchants and navgatofs have been formed with the distant governments of uscat and Si- am. The notifications have been exchanged but have not reached the Department of States copies of the rea ties will be transmitted to you receiyed beore or pub-

 

 ofCongress.

 Nothing has occurred to interrupt the good under standing that has long existed with the Barbary powers nor to check the good will which is gradually growing up in our intercourse with the dominons of the govern ment of the distinguished chief of the Ottoman Empire

 Information has been received at the Department of State that treaty with the Emperor of Morocco has been negotiated, which hope will be received in time to De lad before the Senate previous to the close of the session.

 You will perceive from the report of the Secretary of the Treasury, that the financial means of the country continue to keep pace with it's improvement in all other respects. The receipts into the Treasury during the preceding year will amount to about e4T60 Sa9; those from customs being estimated at S25 523 l5l; those from lands at about S24000058 and the residue from miscellaneous The expenditures for all objects during the year. estimated net to exceed S22 000 909 which will leave balance ia the Treasury for pub

 lie purposes the first day of January next, of about

 4,723,929. This sum with the exception of five mil

 lions, will be transferred to the several tates dance with the provisions of the act regulating the depo sites Of the public money.

 The unexpended balances of appropriation on the lst day of January next estimated at 14G36 C62 ex eeediEg by 3G36 G62 the amount which will be left in the de9oslte banks, subject to te draft Of the Treasurer ot the United States after the contemplated transfers tG the several states nude. I therefore, the future re- ce1pts should not be sufficient meet these outstanding and future appropriations there nav be soon Q necessity to use portion of the funds deposited with the States

 ihe consequences apprebended when the deposite act ot the fast session received reluctant approval have been measurey realized. Though act merely for the depostG of the surplus moneys of the United tates in the state reasures for the safe keeping until they may be wanted for the service of the general government n has been extensively spoken o act to give the money to the several tates and they have been advised use It as gtt without regard tc means of refandinU 1t when called for. Such suggestion has doubtless been made without due consideration of the obligation of the deposte act and without proper attention the var ous principles and interests which effected by it. 1t IS manifest that the law itself cannot sanction such gestlon and that stands, the States have no

 more authority to receive and these deposes without intending to return them than any depose bank or any individual temporarily charged with the sae-keepng application of the pubic money, would have for yertmg the to their private use, without the con sent and against the will of the government But inde- pendently o the violation of public faith and moral obl-, gatlon which are involved this suggestion, when med m reference 10 the terms of the present deposte act 1t IS believed that the considerations which should gov can the future legislation of Congress this subject will be equally conclusive against the adoption of auy sure recognizing the principles which the suggestion has been made

 Considering the intimate connection of the subject With the financial interests of the country and its great importance Tn whatever aspect 1t be viewed, have bestowed upon the most anxious reecton and feel to be my duty to state to Congress such thoughts have occurred to me, aid their deliberation treating it in the manner best calculated to conduce to the common good.

 The experience of other nations admonshcs hast the extnguishment of the public deb But 1t will be in vain that have congratulated each other upon the disappearance ofths evl five do guard against the equally great of promoting the unnecessary aton of public revenue No political maxim is better established than that which tells us that an mprovident expenditure of money is the parent of profiqacy and that people hope to perpetuae their liberties who long acquiesce in policy which taxes them for objects not necessary to the legitimate and real of their government. Fattering the condition of our coun- try the present period, because of its unexampled ad all the steps of social and political improvement, be disguised that there is lurking danger al ready apparent in the neglect of this warning truth, and that the time has arrived when the representatives of tho people should be employed in deYisng appro- priate remedy than exists, to avert it.

 nder OFT present reYenue system there is every nra