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Newspaper summary of the U.S. President's annual message, noting stable foreign relations including Oregon negotiations and Texas annexation support; improved treasury with surplus; sound currency; debt-free post office; and recommendations for steam mail ships that could serve as warships.
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The great length of the President's Message, and the late hour at which we received it, preclude us from publishing it this week. We will endeavor to do so in our next, or at least, to make copious extracts from it. We can but notice very briefly, some of the principal topics treated in the Message. The President says, that there has been no material change in our Foreign relations since his last annual Message. With all the powers of Europe, we continue on the most friendly terms. A negotiation has been formally entered into between the British and American Governments, relative to the rights of the two nations in and over the Oregon Territory. The negotiation is still pending. Legislative enactments to protect American settlers in the Territory, are recommended.
The treaty of Commerce with the Germanic States composing the Zoll Verein, is again brought to the notice of Congress. It will be remembered that it was not completed at the last session. The President gives an account of our relations with the South American States. With all of them our Government is on a friendly footing, though our claims upon some of them are not yet adjusted. The Message treats of the Texas question at some length. The President thinks, that the late Presidential election has decided the question. He says, "a controlling majority of the people, and a large majority of the States, have declared in favor of immediate annexation." He says it is their will that Texas should be annexed to the Union promptly and immediately.
With regard to the United States Treasury, he says, its greatly improved condition affords a subject of general congratulation. "An estimated surplus of upwards of seven millions of dollars, over and above the existing appropriations will remain in the Treasury at the close of the fiscal year." He says, that "the currency of the country has attained a state of perfect soundness, and the rates of exchange between different parts of the Union are now reduced to little more than the mere expense of transporting them from place to place, and the risk incident to the operation." The danger of too large a surplus of public money is pointed out and a modification of the Tariff is recommended. With regard to the General Post Office, the President says, "the affairs of this Department for the last four years, have been so conducted as from its unaided resources, to meet its large expenditures. On the 4th of March next it will be found under the management of the present efficient head, free of debt and embarrassment." The President recommends the establishment of a line of Steam Ships regularly to ply between this country and foreign ports, and upon our own waters, for the transportation of the mail. Those he says could be so constructed as to be efficient as war vessels when needed, and would, of themselves, constitute a formidable force, in order to repel attacks from abroad." We have now noticed the principal points touched upon in the Message. We learn from it, that the country is generally in a prosperous condition. It only remains for us to say, that the tone of the Message is calm and dignified, and that it breathes a spirit of patriotism, which is highly honorable to its author.
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estimated surplus of over seven million dollars in the treasury; currency in perfect soundness; post office free of debt and embarrassment.
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The President's Message discusses no material change in foreign relations, friendly terms with European powers, pending negotiation on Oregon Territory rights, recommendation for legislative protection of American settlers there; treaty of commerce with Zoll Verein; friendly relations with South American States with unadjusted claims; decision on Texas annexation via recent election favoring immediate incorporation; improved Treasury condition with surplus; sound national currency and low exchange rates; danger of surplus and tariff modification recommendation; successful Post Office operations without debt; recommendation for steam ship lines for mail that could serve as war vessels.