Con ;rc:, s promptly ree ponded : d.e expectations of the country, and, i,y the net of the thirteenth of .May la?U ;:.-og-iised ths fict that war oxisted, by th? act of Menou. bei-venn the United v- :; J .-: republic, '-ni granted th3 means necessary for its rigorous prosecu tion. Beimr ia-olrr J in a war lutis eom- br Mexico, red for the justice of which on .ur part we" mar roi.udendy appeal to the world, I nWvod I a .prose rjtrtitwiih the utimt vigor. Accord-i-ijv. the poru of Mexico on the Gu.f ',.)' n t'is lVcific have been p?2ced nn Mock ado, and her territory invad.nl at .-he l-ar't.'. -u'a of '' r "''l ! cor. "tiered provinces in Mexico, assimd?. . :i'A iu.brm von j: or? devil cf j t'ni :J.vn as far 8 practtc db to the free m rn ;;r'i'- -i! r-mcrgrr.cy irt . T.J k .r.l o; t r coutt'rv " ' ' rr 1 ' ;KI m u'c ., -tr.c results w hich h vc becti wTom .cd. ".r varlou? columns cf the army have ;.i.ed ikeirduty under grat disr.d- :.-.'!, wit!: tlie most distinguished 1 , :. course. The victories of I VJo .-, and lirrrrii d." la IVma.cr.d of Mon- nu:i '.'".tlv superior nitnt- t r-.- c?d r2T.i'::J't r.to.-t decided rdvr.ntr'jie? . r ;!:er ri-pects or. tie p.:rt rf the ev.e i:.v. u o-e hr;'!;: u: in t'-cirTsecutitsn, nnd r- ,".;dc fj: Itr .vc oln.vr nn.l s'!di?rs to the cT3:.,r--d t!i riNS of their country. The nati'.vi d?p-crcs t'l'r of the h.ravc ufi-ccrs a:v.l ivien wr.o r:ifi::tiily fd! en wh'lc vindieai'-'nnd deftnJing tlieir country's ri-.'tts tiul l.onor. It is a ?"!-iect cf pride snd sati?f;:ft;cn ttist ojr voIr.r.UTr citizen soldiers, who fo prontpiiy rcfp.uidcd to ih.cir country's c:d! vi;h an experienre of the discipline of a caiiTjP of only a few wee ks, Imvc home their part in the hard forpia hsldc of Mon t;rey v. i';i a constancy ; nd courr.c equ: 1 1 1 tf.ot of vrtToM tror-ps, r.nd worthy of lt hhest siotr.i ration. Tr.e privcticn of lt? ms-'rclics tnrougli the fnemy's coitn l.ynr.d thrrr.nh a w'.hlcrr.i'ss, have hern borne without a rvarmur. Bv rnpiJ tnovcir.tnti tlie province d New Mexico, v. h.h Santa V?, if? capital, has been cap tur?d v-Sdjrut hh f ished. The navy has cc-cpcn-ied with the army, and rendered itnpertant services: if lift fo brilliant, it is b;ean?e t!:e ctn'iny h?d no force to n:eet tlici i n (heir own element, and l-ccav.se of the defences whicli nature has in'erpos cd in the dinicultles of ihe navigation ol ti c .icxicr.n coast. Oitr rqundn?n in the Pacific, wrh the ce-apcration of a gallant ciliccr of the array, anJ a i mall force has tily collected in that distant country, have required blciu'n'rs poprefsion of the Cali lornias, and t'ue Auscriean 2;. has been rai-ed i t every impcria;d point in that province. I cM:ira;uh-tc you on the sr-rcees which ha.s thus atiL'iulcd to our military and na val operations. In less than seven months after Mexico eoinuicnced hostilities, at a lime selci ted by herself, we have taken possesion of many of her priiu ipal ports driven !;. k and pursued her invading ar ray, i.nd acquired military pps;-e?Mon of die .Mexican provinces of New Mexico, New Leon, 0:Li'ii:-., T: in: uiipas. and ;!.e California?, a tt'rriiory. larger in ex dr:n ih .t end-raced in the original thirteen States of th Union, iiih.ahitcd by a cmsiderab'c popu!:uii?u. i r.d much of it more than a thousand miles from the pom's at which we had to collect our for ce? and commence cutr movements. Uy the Mockade, ths import trdc of the ene my has l-een cut off. Well nay the Amcricrn people- Im? proud f the energy and gadan'ry of our regular and v-'u.ntcur cillctrs and soluiers. Tjie events of tho: e few months afford a rraiifving yn.cl' that our rruntiy can, :tnder auv eme'gt'ncv, corfn!ei:!!v relv for the maintenance of her h nor anl the t'e fonce of her rights, no an efi'eetive force, ready at all times voluntarily to relinquish the comfurts of home lor the pern's and privations t-f the cam). And tJnujh mvJi a lor-c may be for the time expen sive, it is m i!.e end economical, r.s tb.e ability to command it removes the neces sity cf employing a large standing army in time of peace, and proves that our peo ple love dir' insli'.uti'iits,. ;md arc ever ready to dofei.d : nd prelec t them. Whilst li'e war w: s in r course of i--v-rt-iis and T.cfr--'f::! prnseeution, being stid ::::xj'"js to r.rrest i's evils, .ind con-sidt.-!'g that, the hrilh., at victories of our arms on she eighth and ninth of May lai t, the national honor couU not he com promised by it, mother overture was made, to IMexieo, by my direction on the "?t!i of July h-st, to terminate hostilities by a pence just ;-.nd honorable to both countries. On the thirlydirst cf Argust following, die Mexican jrovemxent clined to accept ihh: friendly overture, but ref-rred it to the decision of Mexican Congress, to he assembled m the early part of tho p'-csent ir.omli. 1 rrnx.i'ni r.to to yon, herewith, a copy cf the letter of the Secretary of 't:.te p-reposin!: to re pen negoilalions. of the ; urv.er of the Mexican government, am! the reply i here to by tl;e Secretary of Strte. The war wi!! continue !o he profccu'ed wim vigor, as tr.e rest means c steunn? pearo. tt h r.t-ped m-.t t!:e Oecifnm e5 the Mox'cao. (i:r-prf. in vbich cur lest overture hrs bee:: rafcrred, m:y re-ult in n speedy and h.rporablr pcaee. With .our experience, however, of the. unreason able course of the Mexican authorities, it is the patt of wisdom nci to relax in the energy of our miliary operatic.! ? until the result is made kr.o.vtn. In ihis view, it is deemed impr-ttant to hold military prssrs.p of all ;hc provinces which have , . i ., .... .. 1 been ta,en until a i.ctimt.ve treaty of j pe.aos rh-d! ha;e been ccr.e uded and rti- tied by Ihe two countries. If .he'certifcatVs of naturalization thus The wm-has no! been wrgod with n grmted be intended by Mexico to shield view to conrueit ; but having been com- Spanish subjects from the guilt and pnn rnenced ly Me xico, it hrs been carried ishment of pirates, under our treaty w ith into lUt cnenty's country, and will be vi- Spain, thev will ceriainlv prove r.navail-pe-u:!y rosecucd there, wi;h a view to ing. Such a subterfuge" would be but a c.n n houor;d-ie peace, and (hereby rc- weak elevice to defeat the provisions of a cure ample ir.elf mniiy for llse expense of t folemn treaty.' -hc ww, t vrH ?.g tc c-ur much injured 1 rtcomctccd at Congress sLocId im who "hol.I large pecuniary de- nsands against Mexico. . - 13, the laws of nations a conquered ter ritory is subject to be governed by the conqueror during1 his military possession, ami until there is either a treaty of peace, or he dudl voluntarily withdraw from it The old civil government being necessari ly superseded, it is the right and duty of the conqueror to secure Lis conquest, and to provide for the maintenance of civil or- ! dcr nnd the rights of the inhabitants. This right has been exercised, and v.is duty performed, by our military and na ve! 'commanders, by the establishment of institutions of our own country. In the provinces of rcw Mr: x;co, and of tr.e Lin- iforr.ians little if ay furtl-cr rcaistance is apprehended la m the inhabitants to the temporary governments winch have thus, from the m-ccisity f ilc case, and accord in? to the laws cf war, been established. It may he proper to provide for the secu rity of these important conquests, by ma king an adequate appropriation for the purpose of erecting fortifications and de- i fravim' the exmnsei. necessarily merle iu to the tnaintoinUK-e'of our possession and authority cv.:-r them. Near t!ie close of your last session, f ir reasons, communicated to Congress, I deemed it important, as a measure for se curing a speedy peace with Mexico, tint asum of money should be appropriated and ph'ced in the power of the Executive, similar to tSiat which had been made upon two former occasions during the adminis tration of President Jen'erton. ' On tho twenty-sixth of iV.;ru.ary,'1803 an appropriation of two millions of dol lars was made and placed at the disposal of the President. I's object is well known. It was at that time in contemplation to ac quire Louisiaua from France, and it was intended to be applied as a part of the con sideration which might bo paid for that territory. On the thirteenth of February, JSCG, '.lie srm? sum was in like manner appropriated, with, a view t3 ihe purchase of ike F!orias from Spain. These cp propriatlor.s were made to meditate nego tiations, and as a means to enable the Pre sident to accomplish the imporlar.i 'objects in view. Though it did not become ne cessary for the President to use thse ap propriations, yet a state of things might have amen in which it would have been highly important for him to do so, and the wisdom of making them cannot he doubt ed. It is believed that the measure recom mended at your h-st session met with tho approbation of decided majorities in both houses o! Congress. Indeed, in different forms, a bill making an appropriation of two millions of dollars passed each House and it i much to be rogretied that ii did not become a law. The reasons which induced me to recommend the measure at that time still exist; and I again submit the subject to your consideration, and sug gest the importance of early action upon it S!riii'i! llio 'iTVMvmri ilmii Iip iit'i'.i ( and be net needed, it will remain in the treasury ; rhouhl it be deemed proper to apply it in whole or in part, it viil be ac counted for as other public expe nditures. Immediately after Congress had recog nised die existence of the war widi Mex ico, my attention was directed to ihe dan ger that privateers might be fitted ont in the ports of Cuba and Porto Rico to prey upon the commerce of the United States; and I invited die special attention of the. Spunish government to the fourteenth arti cle of our treaty with that power cf ti e twentieth of October, 1725, under which the citizens and subjects of either nation w ho shall take the commissions or letters of marau'j to act as piivateers against the other 'sihail he punished a? pirates." It affords me pleasure to Inform you that I have received assurances front the Spanish government, that "this article of the treaty shall he faithfully observed on its p:;ii. Orders for this purpoi-e were immediately. transmitted from thai govern ment to the authorities of Cuba and Porto Rico to exert their utmost' vigilance in pro venting any attempt;; to fit out privateers in those islands against the United States. From the good f.mh of Spain I am fully fully satisfied that this treaty will ho ex ecuted in its spirit r.s well as its letter; wd'.ilst the United States will, on their purl, faith fully perform all the obligations' w hicli it impctf s r n t!:cm. ' Information has been recently received at lh' Department cf State that the Mex ican nou'imre'il has le-nlto Havana hlfnk commissions to privateers, and ohmk cer tificate s of naturalization, stgnd by Gen oral Sr. las, the present head of the Mexi can government. There is, -also, reason to appre hend that similar documents have Itoen transmitted to oilier parts of the woild. Copie s of ihccc papers, in trans h.'.ticu, are herewith transmitted;'" As tb.e pre'imimuies required by the practice cfcivihzed m.ticr.s ior commis sioning j rivr.'ec i s ai.-d regulating their con duct er -oar rot to have been observed. am: a- h er e rc:r.m:sHi-r.s ::re in blank, to ; :c tyx, n wiiJ t;!(. names of citizens ;nd M:ljr.'.s, oi'rll na liens who may be willing to purchrte them, Un- whole pro cecdug ean only be construed as an invi tation to all the freebooters upon earth, w ho are wiiiirg m pay for the privilege, to orm.-o pgrtir.st American commerce. It wdl he for cur courts cf justice to de cide whether, under such circumstances, these Meyioan letters of marque and re prisal sh; 1! protect thote who accent them and con-.mil robberies upen the high seas i uii im- .i'.ii teas i:pon their authoitv, from the pains end r.,- 1 . ' mediately provide by law for the trial nnd : punishment as pirates oi Spanish subjects who, escaping the vigilance of their gov ernment, shall be found gniity of priva teering against tho United ; States. I do not apprehend serious dangers from these ' privateer?. Our nary will be constantly! on the alert ta protect cur commerce. Besides, in case prizes should be made of American vessels, th utmost vigilance will be exerted by our blockading squad ron to prevent ths captors from taking ihcra into Mexican ports, and it is uotrp prchei'.ded that any nation w ill violate its neutrality by fufTuring such prizes to be condemned and sold within its jurisdic tion. . - I recommend that Congress should im- i mediately provide by law for granting let ters of inarquo and reprisal against vessels under the Mexican fl tg. It is true that there are but few, if any, commercial yes- ! se'.s of Mexico upon the high seas ; and it i is therefore not probable that many Amer- j ican privateers would be filled out, m case n law should pass authorizing this mode of warfare. It is, notwithstanding, cer tain that such privateers may render gootl service to the commercial interests of the country, by recapturing our merchant ships, should any he taken by armed ves sels under the Mexican flag, as we!! as by capturing these vessels themselves. Idv- cry means within our power should be! rendered available, for the protection of our commerce. The annual report of the Secretary of the Treasury will exhibit a detailed state ment of the condition cf the finances. The imports for the fiscal year ending on the :i)th of June last were of the value of $121,601,707; of which ihe amount ex ported was 811,320.023, leaving the a mount retained in ihe country for domes tic consumption, SI 10,2 15,174. The value of the experts for the same period was one hundred and thirteen million our hundred and, eighty" eight thousand five hundred and sixteen . dollars; of which CiCC,Ml,Si)3 counted of domestic pro ductions, and Cll,3iG,C23 of foreign arti cles. The receipts into the Treasury for the same year were SCg.-IOLfM?" CC ; of which there was derived fiom Customs $20,712,CC7 87; from sales of , public lands. 02,0U3.-I52 iS, and from inciden tal and miscellaneous sources, ft,.2,125 71. The expenditures lor the same period were fr28,C31, IM, K:, am! the balance in the Treasury on 'die 1st of July last was 0, 120, 129 (-8. The amount v the public debt, includ ing Treasury notes, on ihe first of the pre sent month, wds $2!,33r,JU4 HO; of which the sum of $17,788,700 G2 was outstanding on the 2nd of March, ISlul leaving the amount incurred since that time $(MG7,G9i'C3. In order to prosecute the. .war wilh Mexico with vigor and energy, as the best means of bringing il to a speedy and hon orable termination, a fhrd-cr loan will he necessary, to meet the expenditures for the present and the next fiscal years. If the war should be continued until the thirtieth of June, 1848 being the end of next fiscal ve ar it is estimated that an additional loan of twenty-three millions of j dollars will be required. Tills estimate i - be necessary to retain constantly in the treasury four millions of dollars, -to guard against contingencies. If such surplus were not required to be retained, then .a loan of niiie'.cen 'millions of dollars would be sufilcient. If, however, Congress is mauc unon ti:e assumntiem t ;:it u ue. ' should, at the present session, impose a I revenue duly on the principal articles now end-raced in the free list, it is estimated that an additional annual revenue cf about two miliic n and a half, amouitimg, it is estimated c:i the lidr'h th June, 1843, to four millions of dollars, would be de rived from that source ; and die. loan re ejuired would be reduced bv uiat amount. Il is estimated, also, that should Congress i graduate and reduce the price of, inch cf the public lauds as have boon long in tb.e market, the additional revenue derived from the source would be annually, for several years to come, between half a mil lion ami a million of dollars; and the loan required may be reduced by that amount i also. Should those measures he 'adopted the loan required would not probably cx i , . ... . . ceea canteen or nineteen minions el do!-! lars leaving in the treat ury a constant I surplus of four millions of dollars. The' loan proposed; i? is estimated, will he suf ficient to cover the necessary expenditures both for the war and for all other purpo ses, up to the ihiri'rcth of June. 1858; and ; an amount of (his lour, not exceeding one- half, may he roe; ui red during ihe present, fiscal year, and the greater part of the rc- : mainder during the first half of the fiscal j year 'succeeding. " ' In order that timely notice may be giv-' en, anel proper measures taken to effect' the loan, or such portirm of il r.s may be required, it is important that the authori ty of Congress to make ii be given at an early poiiod of your present session. It. is suggested that the loan should be con-; tracicd for a period of twenty years, w ith ' authority to purchase the tteck and pav it off, at an earlier period,' at its maiket value, out of any surplus which, may at any time be in ihe treasury applicable to that purpose After the' establishment of. peace with Mexico, it is'supposcd that a considerable surplus will exist, tnd that the debt may he extinguished in a much shorter period than that for which it may be contracted, in preference to a shorter ncriod, is suggested, because all exvorK cree, both at home and abroad, has shown lhat loans are effected upon much better terms upen long time, than wi en thcy aie reimbursable at short elates. - - Necessary r.s this miasm e is, fo sus tain the honor rr.d the interests of the country, engaged in a foreign war. it is rot doubled but that Congress will promptly authorize it. . . The balance in the treasury on the first of July last exceeded nine millions of dol lars, notwithstanding coneidcrible expes- i.. - elitares naa nocn maue tor in "ror e'.urmg; ra.-j.t-i i.u;.-. wM.v... ... the raond.s of May and June prreeedmg.1 ture?, to tho vah.ic of several rut!hort3 n. But for the war, tho whole public elebt d.dlar, w!:;ch' c-.r.nj: find i.n:l.:t at could and would have been extinguished home, are annually exported tj for s? within a short period ; an 1 il was a part of counlries. Will; such rut; j oi u.ily ..i my settled policy to do so, and thus re-i those established !y th. cxi-ting law, lie've the peopls from its burden, and place j system will probably b purm-vwi: , and the government in a position which would j capitalist, who have made or shall hero enable it to reduce the public expenditures' after make, their investments in mannf'e to that economical standard which 13 most : lures, will know rpt,n wh-.t : rely. The ,.-inti;t.ni tvob thi irraf.nl wnTt.ira. and country will be saiistitxl with tl'CJe rates. tha naro and wholesome nro-r:s cf our ntitntinnii " . : ' i institutions. gainst .Mexico, arising out of her refusal to treat for peace as well before a9 since the war so unjustly commenced on her part, arc the extraordinary expenditures ! to extensive dissatislacttea end complaint, . ttia: taw, i rcco:nmcn,t t.iat t;:e p -y Cs i which wo have b-een involved. J. s- and to constant efforts ta change or repeal ! d h?hed by it be rruintrmeJ. I; h: bat lice per lb. ble fo Fcnnrwiv in l!i n:ih!5. pvnpndit at all times'a hijrh duty which all public to our own people will make it pro- i them, rendering ad inves!:n:ul-s m maiiu- ; juit commenced to operate ; and to ub-a- :,t Mexico should be held respond- pctitrers uncertain ana precarious. j,ow- . uo.i or mou.,v u wuu;'u; gi.m g n n r. ,f r these expenditures. .- er and more permanent rates of duty, at j tfu-I, xvculd bo inexpedient and e.nwi. functionaries of the government owe to. fits, wm stvure nwn agun. ;.:e uiao. . o.c iu.v naucr correc.eti ; r.u; uri the people. This dutv becomes the more . frequent changes in the system,, which ; t:i such delects bceorno Kiar.ifcil, the act imperative in a period'of war, when large; cannot fail to ruinously affect his inter-1 should be f itly tested, and extraordinary expenditures become ests. j It submitted fjr your consideration unavoidable. During the existence of the 1 Simultaneously widi the relaxation of j whc.her it may not be proper, as a war .war with Mexico all our resources should-; the restrictive policy by the United Slates, '. measure, to impose revenue duties i 'be husbanded, and no appropirations made !. Great Britain, from whose, example we ; smno of theartielos now embraced in except such as are absolutely, necessary ' d .Tired the system, has relaxed liars. I. free li.-t. i?hould i: he d::-mcd p.t-pc-r lo for its vigorous proiccuiion ;uul the due fc;!.e has modified her corn laws, and re- j impose such duties, widi a i:v to raise administration of the govern me M. Oh-; tlnced many odier dalles to modeiate rev- revenue to meet ihe expenses of tho war iccts of appropriation," which in peace emu? rates. After ages of experience, ; widi Mexico, or to avoid to that cxieut winch in peace or proper, but sable for the pub- he country is cn- nv.t' be deemed useful which are not indispeiisr. lie service, may, when 2ie country gaged in a foreign war, be well . postpou- cd to a future period. Bv the observance of this policy at your present session, : which was to build up immense (oriur.es . Tiu act of the G;h of Argrtot las, ''lo large amounts may' be saved to the treasu- in tb.e hands of the few, and to reduce the 1 provide fur the l etter orgamz;:icn cf tiic ry, and be applied to objects of pressing ..laboring, millions to pauperism and mis- Treasury, nr.d for the cuilciUl.T.. saf and urgent necessity, and thus tho crca-1 cry. : 1' early in t!ic same ratio tii.it L.bor keeping, transfer, and e'iihuroC ::.:;;! if lion of a corresponding amount of public; was depressed, capital was increased and j the public revenue," haa been carried debt may be avoided. ! concentrated by the British protective pol-; into execution as rapidly ns tht; del ,v It is not meant to recommend the ordi-, icy. r,eccscarily arlsiig out of the oppaiut- nary aiiel necessary appropriutions for the ; The evils cf the system in Great tfri-j meat .f new elfu cr--, takii g an-d appro support of government should .be w id;- , tain were at length rendered intolerable, ' ving'the bom!.;, t-r.d prepj.-ng and to'ii.' held, but it is well known that at every and it has bean abandoned, hut not with- j ring proper places for ihe safekeeping r f session of Congress appropriations are. out a severe struggle on the part of the j the public money, would permit. It :j proposed for numerous objects which may protect; d and favored classes to retain the ivt proposed to depart in any res -.eel or. may not Ik imcde, wttimat materially . . . ... affecting ihe publie interest ; and these it is roce:n mended snoulv! not be grantee!. The act passed tur last session redu- cing tho duties on imports" not having ever an attempt was mao to modiiy or gone into operation until tlu; first of the ; abolish the same unjust system here. present mouth, there has not been time' The pro-ccltiva policy had been in oper for its practical effect; upon tho revenue ' afion in the United .Slates for a much and the business of tb.e country, to bo dc-'l shorter period, and its pernicious effecb ve'ijped.- It is not doubted, however,; were na, therefore, so dearly perceived that the just -policy whicli it adopts will' and felt. Enough, however, was known add largely to our foreign trade, and pro-i of these effects lo induce its repeal, mote the general prosperity. Although L It would be strango if, in t lie face of the it cannot be certainly ibrsecn what amount ! example of Great Britain, our principal ; cffecteJ, and the uhibursem.'nts are to be of revenue it will yield, it. is estimated that I foreign enstomerc, and cf the evils of a j made at points rrn.ny hundred miles tls it will exceed that produced by the-act of system rendered manifest in that country ur.:, In so tr.e cases, from any depository, ISiU, which it superseded. The leading; by long and prdnt'nl experience, .and in j and a large portion ol thorn in a fore:gn principles cstablisdied by it are, to levy j the face of the- immense advantages which . cotmtry. The modliicatirms suesteti in the taxes 'with a view to raise revenue, ! under a. more liberal commercial policy, i die roper: of the; Secretary of the treasury and to impose them upon ihe a iicies im ported aceorumg to their' actual value, The act of ISi-J, bv the excessive rales of duty which it imposed on many articles ! should restore a policy which she has ; your attention to the importance of es cither totally excluded them from impor-; been coinpelicel to abandon, and thus di-! tehliehiug a brancli of ihe mint of the U taiion, or greatly reducetl the amouisl in:- 1 loinish her abiiity to . purchase from us 1 niled folates at Mt'.v Y.-rk. Two-thirds ported, and thus diminished instead of the. food and oth.-r articles which she she j of ihe icvenue de.-ived from customs being producing revenue. By it the taxes were so much' needs, and we so much ties-ire to j collected r.t that poia, the demand for impoed not ior the iegaimatc purpeiao of sell. j specie to pay the duties will l e large; raising revenue, but m afford advaniaes I By the simultaneous abandonment of, end a branch n.iiit, v.he;e foreign coin to favored classes, at ihe expense of a huge J the protective policy by Great Britain and ; ami bullion could be immediately convert majority of their fcllow-citizeas. Those i tb.e United Stales, new ami important ed into. American cole, would greatly employed it: agrieuhure, mechanical pur-1 markets have already been opened lor our : facilitate the transaction of the public bu suils, "comjaeree, and navigation, were agricultural and other products ; commerce ; sir. ess, enlarge the cirrulat'on cf grvl and compelled to contribute faun their sub-! and nav igation have rcecived anew in;-j silver, am! be, at the same lime, a safe de stance to -swell the profits and overgrown 1 pi use ; lalior and trade have been released : posltr ry of tho public money. wealth of the comparatively few w ho had invested their, capital in manufacturers. The taxes were not levied in proportion to the value ol the articles upon which they were imposed; but, widely depart ing from this just rule, the lighter taxes were, in many cases, levied upon articles of luxury, and high prices and heavier taxes on those of necessity and low price, consumed by thegreat mass of ihe people. Il was a system, the inevitable effect of which was lo relieve favored classes and tb.e wealthy few from contribuilng their just proportion Tor the support of govern ment, and to lay the burden on tb.e labor of the many, engagctl in other jnirsuits than mamdactures. A system so unequal and unjust has been superseded by theexisting iaw which imposes duties not for llie benefit of inju ry of classes or pursuits, but distributes, "and, as far r.s practicable, equalizes the public burdens among all classes, who un der the unequal and unjust system which has been repealed, have heretofore realiz ed lar-re profits, and many of ibom amas sed large fortunes, at the expense of the i; liriiKlllc, i.i m - i - -j , I .,...... iA mrnv wno nave men mauc irioiiouv m i mij. ..i. . wn. i.im , .m. ,-i t.u mii-h- w thein, will have no reasons to complain if j to the bounties which have enriched oth-1 the Stales owning lauds within their limits thev shall be required 10 hear their ju-t cr. ;' .' j in whicli it hrs been adopted. They have proportion of the taxe?s necessary fir the Wh.en a foreign as w ell as a home mar-j been demensfrated also by tl:c United support of government. So fir from it, it j kef is opened to them, they must receive, j States acting as the trustee of the Ciilcka wi'l be perceived, bv.an cx-mluai'ion of; as they are now receiving, increased pri-1 saw tube of Indians in the sale cf their it.n f.vUrr-T law. that 'dir-orlr.iuaticr.s in :the rates ofdutv imrbsetl, widdn 'th rev-; r..-f rrincirle have been retained in ihe ir hivor. The iucidenla! aid 52a:nst lorcgn competition which thev still i nioy civrs them an advantage wldch no o-rier pur- The incidental aid rioust lorcgn . . ... suits possess ; but of ibis none othe rs wm Complain, because, tb.e duties levied are necessary fm- revenue. These revenue duties including freights., and .charges, which the importer must pay before he can come in compelition with the home manufacturer in our markets, amount, on nearly all cur deeding branches cf menu- mimo.but the (.ehcienetcs oi Icoarcquirca ; many persons ethmttfd moans were en:: facirre? te more than onc-tbin! of the v;d- by t!;c whede world. . j Med to p.irehaso small tracts, 'upon which ue of the iinpbrted article. "and in scn:oca-: That tho reduced production of some ; they hae e rei'Jed with their families, ses to almost rnedu.lf its valre. With; of the chief articles of food in Great Bri- That f iiuli ar result:? we aid be produced sreh rdvantrges; it is not doubted that! tain, and other parts of Europe, may Liive by tie rdopijon of the graduation policy cur domestic manufacturers w ill continue i contributed jn lhcrcire t'io; demand for ; bv the United Stairs in which tliev are lo prosper, realizing in well conducted establishments even greater pro'fi! lhan can U: derived frr-m any other reguh-r bu siness. ' Indeed, so f.ir frprn requiring the protection of even ttv.-idehtaf.'rrveruc'du-ties. rur ir,anufac;im--rs in several leading branches are extending their 'business, riv ing evidences of great ingenuity ' end skill, and of their ability to compete, with in creased prospect of success, for the open T U- w-t.1 Tirt.-eii f--i"Fc because the advantages whicli the mama- Tactures stdl cniov residt necessarily from t!i3 collection of revenue for thj support r of government. High protective duties, ' from their unjust operation upon the mas- sesofthe pcepL-, cannot fail to give rise : . raanufactarer bdr and . remunerating pro - emu? rates. Attar ages oi experience,; ' ihe statesmen of that country have been ; .constrained by a stern necessity, and pub-1 ..lie opiniou having iis deep foundation in t -the su iuirings and wants of impoverished ' millions, to hbandvti a synnni the cilectofj i i t i : uup.ist :;u vantages wfirett tuey nave so ! long enjoyed. It was to he expected lhat a similar struggle would be made bv die same clashes in tho Unite d States, when- ni.f.e is'. die same time that ihev wul yieii t: ice : cm;ouu uut'cs in any ci U3 tic fails be r.?- we arc a! recti y uenvmg. ano nur-t corf.ni- j are re-commendi-d in your favoratle ccn tte to derive by suprlvin-r- her starviuL' ! sideratiou. i population wan food, the tinted, olatas j from the artificial trammcis wntea iiavc I so long fettered them ; and lo a great ex - tent reciprocity, m ine exemmge ci com - modi tics, has boon introduced at the same time bv boih countries, and crca.tlv for the benefit of both. Great Britain Las been forced by the pressure of circumstan- favored de e-oneideradon. Many millions cejs at home, to abandon a policy which j of acres ed' these iar.d.-. have been ottered has been upheld for ages, end to open her in the market for more than thirty years, markets; lor our immense Mifp'us of breed-: and large r qcriiiie for more than ten or stuffs ; ii is confidcutlv brieve i! that' twenty years; tC being of rn inferior qual-ot-her Bowers id' Iduvop.a will ultimately iiy, they mnt remain uneaieaife for an sec ihe v. isilom, if they U not c ampelied : ind-. f. i:to period, un!cj the pric at by, tlie pauperism and sufferings oi their 1 winch dtey may be purchased si., .11 l e crowtlcd population, to pursue a similar , reduced. To place a price up vi them a policy. ! hove their reel v. due is not only to pre- Onr farmers are more deeply interested vent their sal?, and thereby deprive the in maintaining tb.e just and liberal policy , Treasury ef any income from that source of ihe existing law than any other class . but is unjust to the Stales in which thev of our citizens. Thev constitute s large ; lie, because it retards their rrcvlh i.nd majority of our population ; and it is well known that when ihey prosper, all other; have no power to lew n tax upon tliem purstnts prosper also. They have here-' as upon other Iamhj within their limits, tofore notonly receiwd none of the bauin-! held by other p. oprietord th.an the Uniicd ties or favors of governme nt, but, by the . Stales, for the support cf their local gov unetjual operati"ns of th'i protective poll- I c rumen's. cy, have leen n.ae'e, bv the burde'i-s of; The l.'cncficial e fleets of il c rrrdui;ion . . , t'linliiti irliif1!: it !t.-!r--;w! !f, r.-an'.i-fn hr their -ut.,;Ucs. i i.ev-wiii fine! a reade rsele, and at better prices, for their . '-vhe.c. heur, rye, inc.an corn, beet, pone, . larti. nuuer, o.ruc, cn-.i omer article, . noeu ovue;, c.ec, ! which diey produce ah ne is m: dc-uate 1 The hem fl-market to fnahlejhcni to ells - pose of the 'immiuse surplus of J;od and other ariichs which they are capable of; qttently off. red H;r r-rde af graduated and producing, even rt !ue most reduced pri- j reduced rates for limited p eriods. The ces ,'for tb.e manifest reason that they can- ' re: ;:l; we, that !arg." (ptantiues of thsse not be consumed in ihe country. The; bads, were purelutsed, v.'iich would oih-Uniti-d States can, from their . immense I wise: have remained uno!d. The lauds surplus, supply not only tho home de - bread:- 'tills and prov;s ions. Is r.nt doubted; ihe rnvrmra of large lodlca cflandwh-cli but that the great and t ffcle at ' reuse of have. Ie:a !-ig in the market, cannot bo this increased demand, and of Jnercc.-ed ' donated. It cannot he a sound policy to prices, cousictnln the. removal cf r.rtifieirl , withhold largo cuanttiics of piduic. lands restrictions k?rciof..ro in;pesed, is deem- i from the r.? and occupation of our cia td to be cquHv ccio.in. . That' cur ex-; zcn, bv fi.ln - upon the.it prices which ports of foeel, already increased and in- , cxperienr-e has thown they will not corn creasing beyond former rxamp'o, under ; mand. On the contrary, it is a wise pol the rnoio liberal policy which lias been a-; icy to slTord fat ilities to our citizens to depied, will bo vastly enlarged, unl?s3 become the owners, at low and malmt? th, cr he clicked or pr:"TC:;,c 1 7 w rati ;t of th? prT.pc".ive p -!;.",-, ci x .-: . d .. ?. Tirit o",r e"-a-n -cld ! :. !T . inter?-.' will b cd.r! i i c rtpom!l:ig ra'lo wh thi re.!-" r f o if Iradc. I ept diy cer!..ri; wh'.'.i n;r ma j ufacluring inVrcsti w ill slid ! o th? fivc ctl iii?er?sis of t!io count r.-, and rfr-.M,- the irtciJcdt d protection alTorded ihcra by revenue d.r.ir ; an 1 inore thua this vly ca-trct justly demand. ! in my annual mcfrgo cf D.vcTiVr i last, :i tariit of rev-nuj i.aties b.a--ed ui.j : th.u principles of th j cxistm r hnr w?s ro commenced ; ere. I m ve seen no rea-.cn to charge the o,v.n;en thin cxprjs-e !. Ia I rhnv of the prcbul-Ie renctlcia! cTv:., of . - cartained by actual exocrier.e-e to exist. wr.n .v,exico, or to avoul to lhat cxieut the ere;. lion of a public tkh they may Le repealed v, hen, the e.aar; ;ucy w hieh ga; rise U them shall cease to cit!. a..; i cn.i- siituto no part cf die permanent policy of the country. ' . ... i from oio pnnvipi c: p-'-.u y ca wn.ca louuehfd. There j this r;'eat measure is arc, however, defect? in the details of tho measure, devoh-pcu by its practical oper ation, whicli are fully set fj;ih in 'the report of tho Secretary of the Treasury, to v.huh, the alleniicn cf Congress is invited. These tlefce. would impair to some extent the successful operation of tho law at all times, but are (peeiaiiv cmbarrissing w hen tb.e country is engaged in a war, when the expenditures are greatly increased, when leans arc to laj ! In connection with this subject, I invito j i i:e unpertanc? ci graduating arvd rcdu ! cing the pti -o cf such of the piddle lar.da ; as nave i c-n f.-rg ctere! in tne market, 1 at the ininimma r ; i:ijr l.iv.s, and rem aut.;nricd by exist- ,n u;i;;i! muuees me ; again to recon' mend i. .a su-'-ecl to your increase cf population, and because they . - - 0 I iinrin'.. !.-ir fi l.x n r.:"'.-,,,! I... .... C i !.'.nd& Ivhig within tho States of Miis; iis?'p-u- lands, j pi and Alabama. The Chic. e.:-.iv.- i wnlcii vrnld net cenonansl in the maiket it:o mmnur.r.i price es'i-a uetifi: by the :- laws cf :h Vmbxl Slate- rr t!;2 sale of ; iheir h.nd , were in pureuano cf the j treat of i&Clwith the t tnhe, subse- j were di-posed of at their real value, and