and ninety dollars and thirty 7 saven cents, of which there was derived from customs twen ty- three millioh seven hundred and forty-se ven thousand eight hundred and sixty-fotir dollar -NJ, w . sixty-six cents; from salts of pub he landso 'trillion tour- hundred and nine tr-erght thousand three hundred and thirty- o lite dollars and.twenty cents; and from inci dental and miscellaneous sources,' one bond rof thou-an 1 fire hundred/ and' severity dollar:ran I fitty-one cents. The last ti•scal I t ear during which this amount was receive embraced tiro months under the tariff of 18 1 , and :,even months during which t lee tariff' o Ps id was in force. During the live nionth.r, raider the act of 1812, the amount receive i.. front customs was seven million eight hu a ' red and forty two thousand three hundred ant 'l six dollars and ninety cents,. and during thi Beten months under the act of 1846, the a mount received was fifteen million nine hun dred and five thousand tiVe hundred and fifty /4eyen dollarsiand seventy-six cents. The net revenue from customs during the sear ending on the first of Decembar, 1840, being the lath year of the tare of 1842, was twenty-two million nine hundred and seven ty-one tho , 9sand four hundred and th"tee dol lars anti ten cents; and the not 'revenue from customs during the year ending on the Ist of December 1847,bcing the first year under the operation of thAlriff act of 1846, was about thirty-one million five hundred thousand dol lars; being an increase of revenue for the first year under the tariff act- of 1846, of more than eight million five hundred thousand dollars o ver that of the last year under the tariff of 181:. , • The expenditures during the fiscal year ending on the-30th of June last, fifty-trine mil _ lion four hundred and fifty one thousand lone hundred and seventy-seven dollars and,sixty ; five cents; of which three million five hundred • and twenty-two thousand anti eighty-two dollars and thirty-seven cents was tin account - a payment of principal and interest of the •p u hfie ,debt, including trea4stry.notes redeem- i ed and not funded. The expenditures exelui ,,,,,tve, o f payment of the public. debt was fifty five million nine hundred and tWenty-nine thousand and ninety Live dollars and twenty eight cents. 1 .. It is estimated that the receipts into the treasury foe the year ending on the 30th of June 18.18, including the balance in the, trea sury on the first of July, last, will amount to forty-two mutton eight hundred and eighty six thousand five hundred and forty the dol lars and eighty cents, of which it is estirna ted thirty-one millionwill be derived from - cusr.'orns; threemitlion five hundred thousand fron t ttui. ;ale of the piddle lands, four hund red the I sand troin Incidental sources, nelit i Iding sa es made by the Solicitor ul the Tres p sury : aid six million two hundred and fifty 1 I live thousand two hundripl and ninety-tour k I dollars and 6.5 cents from loans already mi -1 theme(' by law, which together with the hal t anee in the treasury on the first of July last, make the Sum estimated. i ,ghe expenditunes for the same:period, if 1 i r glee with Mexico shall not be , ,cohetutled. tsu, we army shall be increased as is >l . opuseal ell( aniount, including the neceslsity pay - ii meets on account of principal and Interest off i thepublie debt and treasury notes, 'to tilts; eerht millions SIN hundred apd sixty dollars' 1 sitl seuen centS, thi the first of the pi'esent month, • the :I mprint et Inc public debt actually incurred,' including treasury notes, was forty-the ,mill ' i six blindtell null iiiiy nine then:Sane! six. /tol hundred and fifty' nine dollars and Jolty cents , 1 The puddle &du due on the .Ith of March, I Ist.), !minding treasury autos was Seven Mill i /on scion termite(' and eighty-eight thousand 1 - bilenteen hundred ninety-nine dollars ha sixty tau cent;; and consequently the addition toile to the puldre debt since that time is I 1 .twenty-seven million eight hunched seventy thLusand eight hundred and fitly nine dulla'rs I And m•tilllY - ltighl. cents. of the lean of twenty-three millions, au ! therized by the act of the twenty ,eighth of ' Jam - iary. I t 317, the stun of flue millions was ! pad out to the pubhe crechlui.s,ur exchanged t at plr Ter specie; the rm./min. elgrhteea mil -1 hues naa ,olliafed for specie to the highest, bed ter nut below par, by an ads ea:seen:tut is- - sued by the Secretary ut the Tieasuiy, an,! :publbrtied front the ninth - of February until the tenth of Ap r il, 1817, when it '%l a:, auuar ded tu,the several Jugh - esi, balder.-, at prune ), urns varyin g from onezeiglith ut tine per evert. to two per cent. above par. The preiniten has been paid into the-treasury, and the sinus` awarded deposited in sp6.tie in the" . tica.iii) . ',is last as It was requited by the want, of the government, ' To meet the exPentlittirCs fur the remain- . i der of theyresent and fur the next fiscal year caking the 30th of June,l6l9, a 'Miner luan in aid of the ordinary revenues ut the govern ment, will be necessary. Itetainieg a suffi cient surplus in the treasury, the loan requir e I for the remainder of the present fiscal year will be _about eighteen millions five hundred thousand dollars. It the duty on tea and cot foe he imposed, and • the graduation of the price of the public lands shall be made at an early period of yonr session, as recummendel, the - loin for the preient fiscal year may be ft- dice Ito seutrtnen millions of dollars. !'hit loan may be further reduced by whatever a ; nvnint of expenditures can be saved by mill l'iltary contributions collected in Mexico. Thu . ' ihioit vigorous measures for the augmentation 1 siif these contributions have been directed, stud '; 4 eery considerable sum is expected from.that si,usce. Its amount cannot, however, be ;; calculated With any certainty. It is recent i._ Tended that, the loan to be made be authori -1 i2.t.1 upon the same terms, and, for the same nitue,as that whilth,was authorized under the il provisions of the t act of the 26th of January, i Itll7. ti Sheeld the war " i in Mexico be continued un- If hl the 30th of Jun k, /849, it is estimated th'at 1 i a nuttier lean of ti enty nIIIIIEIII five hundred 1 thousand dollars vu 11l be required fur the tin s cal year ending on that day, in case no duty be imposed on tea and coffee, and the public .. t lands be not reileced and graduated in price, and no military contributions shall lie collec t . " fed in .1/esice. lithe duty on tea and coffee . I be imposed, and the lands be reduced fill - i graduated in price, as proposdd, flue learrina • k bereduced to seventeen millions of dellarseamil e 'vat he subject to her still further reduced let , ~, the amount of the military contribution winch. may be' collected in Mexico. It is nut pro , , Posed, however, at present, to ask Congress •. fur authenty to negotiate this loan fur the - rest fiscal year, as it is hoped that the loap e ,-. asked for the remainder of the present line; I . , Year, aided by military contribetiens which a lihy be collected in Nrelico, may be sullicent. e ' 11, contrary to my expectations there should ho a nri:rinity for it, the fact will be comma , tuned to Congress in time for their action . u : il , tirin the present session. In nn event•wlll s a iium weeding six inillion;i of dollars of this, • amount be needed before the session of Con - gross in Dee, j 5 is. • ' 'Fhb art of the 30th of July, 1816, "redu cing the - duties on import.," has been in force •.- since the Ist of December last; and I gin . .. gotitied to slate, that all the benefical effects , : \Quel l acre anticipated from its opperation hate been fully' real ized. ' • ized. The public revenue e dented fron t e l nstoms during the year ending, on the Ist of Decembet., 1817, exceeds by • . more 'than (mg' t millions °fib:liars the amount 0 received In %h./I pieceeding year tinder the op. . eration of the i co. of 1819 which was super , -• ceded and repealed by it. its effects are vie , , title in the great and almost unexampled pros t perity which prevails in every branch of blus a , Ines,. - . 1, While the repeal of the prolubitoiy and rer ' strict l y • . 0 duties of the art of 1812, and the sitheiitution in their place of reasonable rove ,, one rates levied on articles imported accord , -. irug to their 'actual value has increased the .. 1 I t c le venu e and augmented our foreign trade, all great interest of the country have been. 0 1 a Ivaneed and promoted. t The great and important interests of agii t fulture o w h ic h h as been not only No much neglected, but actually taxed under the pro. I merit liavo been conducted with regularity and tective policy for the benefit of other interest: case, under this system, it has had a salutary have been relieved of the burdens which that. i ell'oef, in checking and preventing an undue latien of the paper currency issued by the policy imposed on them: and our farmers and 1 planters, under a more Just and liberal cunt- er.haVk' which existed under State charters.— mercial policy, are finding new mid profi- , itequit•ing, as it dues, all dues to the govern table nisi kets abroad fur their augmented pro- niencr° be pail in geld and sit% or- its etre" is I ducts. k tone:strain excessive i.-sues of bank paper) by Our commerce is rapidly increasing, and is the - ban les dispropotti red to the specie in extending inure widely p the (facie - of - Inte