I'IIESIDUW'S ME3S.MiE. Fellow-citizens if Ike St na!e ami of the Houie of Jleprae/ilatives • I congratulate you and our common con stituency upon the favorable auspices under "which YOU meet for your first session. Our country is at peace with all the world. Ihe agitation which, for a time, threatened to disturb the fraternal relations which makes us one people, is last subsiding: and it year of general prosperity and health has crowned the nation with unusual blessings. None •can look back to the dangers which are passed, or forward to the bright prospect before us, without feeling a thrill ol gratifi cation, at the same time that he must be im pressed with a grateful sense of our profound obligations to a benilicent Providence, whose paternal care is so manifest in the happiness of this highly-favored land. * Since the close of the last Congress, certain Cubans and other foreigners resident in the United States, who were inore or lepo;:. their leader, was captured some day ; after, and executed on the Ist of September. Many of bis remaining followers were killed, or died of hunger and fatigue, and the rest were made prisoners. Of these, none appear to have b<-en tried or executed. Several of them were pardoned upon applica tion <>f their friends and others, aud the rest, about one hundred and sixty in number, were sent to Spain. Of the final disposition made of these wo have no official information. Sii'-h is the melancholy result of this illegal ami ill fated expedtion. Thus, thoughtless y-'UUg men have been induced, by false and fraudulent representations, to violate the law oi tlcir country, through rash ami unfounded xpeetatioris of assisting to accomplish politi cal revolutions in other States, arid have; lost their Five: in the undertaking. Too seven; a judgment- can* hardly be passed, by the in dignant sense of the community, upon those who, being be',lor informed themselves, have - ( _'t b'd away the ardor of youth and an ill ■dirceied love of politi.-al lilewtv. The corres pondence b -tweeu this government, and that of Spain relating to this transaction b here with co immi n ie? ted. Although these alien lev- against the laws have "lor (cited the protection of their country, yet the Government may, so far as is consist ent with its obligations to other countries, and its fixed pnrp i.se to maintain and enforce the laws, entertain sympathy for their unof fending families and friends, as well as a feeling of compassion for themselves. Ac cordingly no proper effort has been spared, to procure the release of such citizens of the United States, engaged in this unlawful on t Tpri.-e, as arc now tn confinement in Spain; hut it is to be hoped that such Interposition with the government of that country may not be considered as affording any ground of ex pectation that the Government of the United Siates will, hereafter, feel itself under any obligation of duty to intercede for tlie libera tion or pardon of such persons as are flagrant offender!- against the law of nations and the iaw.-> of the United States. These laws must be executed. If we desire to maintain our ( respectability unioug the nations of the earth, it behoves us to enforce steadily and sternly the neutrality acts passed by Congress, and to follow, as far as may be, the violation of those acts with condign punishment. But what gives a peculiar criminality to this invasion of Cuba is, that under the lead of Spanish subjects and with the aid ut citi zens of the United States, it had its origin, with many, in motives of cupidity. Money was advanced by individuals, probably in considerable amounts, to purchase Cuban bonds, as they have been called, issued by Lopez, sold, doubtless, at a very large dis count, and for the payment of winch the pub lic lands aiul public property of Cuba, of whatever kind, and the fiscal resources of the people and government of that island, from whatever source to be derived, were pledged, as well as the good faith of the government expected to be established. All these means of payment, it is evident, were only to be obtained by a process of bloodshed, war. and revolution. None will deny that those who set on foot military expeditions against foreign States by means like these, are far more cul- , pable than the ignorant and the necessitous whom they induce to go forth as the osten- j sible parties in the proceeding. These origi nators of the invasion of Cuba seem to have determined, with coolness and system, upon j an undertaking which should disgrace their country, violate its laws, and put to hazard the lives of ill-informed and deluded men. j Von will consider whether further legislation he necessary to prevent the perpetration of j such offences in the future. Xu individuals have a right to hazard the peace ot' the country or to violate its laws upon vague notions of altering tir reforming governments in other States. This principle is not only reasonable in itself, and in ac cordance with public law. but is engrafted into the codes of other nations as well as our own. But while such are the sentiments of this Government, it may be added that every independent nation must be presumed to be able to defend its possessions against unau thorized individuals banded together to attack them. The Government of the ITiited States, at all times since its establishment, lias ab stained and sought to restrain the citizens of the country, from entering into controversies between other powers, and to observe all the duties of neutrality. At an early period of the Government, in the administration of Washington, several laws were passed for this purpose. The main provisions of these laws were re-enacted by the act of April 1 18, by which, amongst other things, it was decla red that if any person shall, within the terri tory or jurisdiction of the I'nited .States, be gin, or set on foot, or provide, or prepare the means for any military expedition or enter prise to be carried on from thence against the territory or dominion of any foreign prince or State, or of any colony, district, or people witli whom the I'nited States are at peace, every person so offending shall he deemed guilty of a high misdemeanor, and shall he fined, not exceeding SO ,000, and imprisoned not more than three years; and this law ha been executed and enforced, to the full ex tent of the power of the government, from that day to this. In proclaiming and adhering to the doc trine of neutrality ami non-intervention, the I'nited States have not followed the 1 ad of other civilized nations; they have taken the lead themselves, and have been followed by others. This was admitted by one of the most eminent of modern British statesmen, who said in Parliament, while a minister of the crown, "that if he wished for a guide in a system of neutrality, he should take that laid down by America in the days of \V ash iugton and the Secretaryship of Jefferson;" and we see in fact, that the act of Congress of 1818 was followed, the succeeding year, by an act of the Parliament of England, sub stantially the same in its general provisions. I p to that time there had been no similar law in England, except certain highly penal statutes passed in tiie reign of George 11., prohibiting English subjects from enlisting in foreign service, the avowed objects of which statutes was, that foreign armies, rais ed for the purpose of restoring the house of Stuart to the throne, should not be strength ened by recruits from England herself. All must see that difficulties may arise in carrying the laws referred t<> into execution in a country having 3 or 4,000 miles of sea coast, with an infinite number of ports, har bors and small inlets, from some of which unlawful expeditions may suddenly set forth without the knowledge of Government, against the possessions of foreign states. l-'riendly relations with all, hut entangling alliances with none, has long been a maxim with us. Our true mission is not to propa gate our opinions, or impose upon other conn- ] tries our form of government, by artifice or | force; but to teach by example, and show by our success, moderation and justice, the blessings of self government, and the advan tages of free institutions. Let every people choose for itself, and make and alter its polit- i icul institutions to suit its own condition and convenience. But, while we avow and main tain this neutral policy ourselves, we are anx- j ions to see the same forbearance 011 the part of other nations, whose forms of government arc different from our own. The deep inter- | est which we feel in the spread of liberal principles and the establishment of free gov ernments, and the sympathy with which we witness every struggle against oppression, forbid that we should bo indifferent t<> a case in which the strong arm of a foreign power is invoked to stifle public sentiment and re press the spirit of freedom in anv country. The governments of Great Britain and France have issued orders to their naval commanders on the West India station t<> prevent by force, if necessary, the lauding of . adventurers from any nation on the island of Cuba with hostile intent. The copy of a me- . morandum of a conversation on this subject between the < barge d'Affaires of her Brittan nie Majesty and the Acting Secretary of State and of a subsequent note of the former to the Department of State, an- herewith submitted, together with a copy of a note of the Acting Secretary of State to the Minister of the French Republic, and of the reply of the lat ter on the same subject. These papers will acquaint you with the grounds of this inter position of the two leading commercial pow ers of liiirope, and with the apprehensions, which this Government could not fail to ep tertain, that such interposition, if carried in to effect, might lead to abuses in derogation of the maritime rights of the United States. 1 he maritime rights of the United States arc founded on'a firm, secure, and well-defined basis; they stand upon the ground of Nation al Independence ami public law, and will be maintained in all their just and full extent. The principle which this Government has heretofore solemnly announced it still adheres to, and will maintain under all circumstances and at all hazards. That principle is, that in every regularly documented vessel, the crew who navigate it, and those on board of it. will find their protection iu the flag which ,is over them. No American ship can be ul- lowed to he visited or searched for the pur pose of ascertaining the character of individ uals on hoard, nor can there be allowed any watch by the vessels of any foreign nation over American vessels on the coasts of the United States or the seas adjacent thereto. It will he seen by the last communication from the British Charge d' Affaires to the Department of State, that he is authorized to assure the Secretary of State that every care will be taken that, in executing the preven tive measures against the expeditions, which the United States Government itself has de nounced as not being entitled to the protec tion of any government, no interference shall take place with the lawful commerce of any nation. In addition to the correspondence on this subject, herewith submitted, official informa tion has been received at the Department of State, of assurances by the French Govern ment that, in the orders given to the French naval forces, they were expressly instructed, in any operations they might engage in, to respect the flag of the United States wherever it might appear, and to commit no act of hos tility upon any vessel of armament under its protection. Ministers and consuls of foreign nations are the means and agents of communication between us and those nations, atul it is ol the utmost importance that, while residing in the country, they should feel a perfect security so long as they faithfully discharge their re spective duties and are guilty of no violation of our laws. This is the admitted law of na tions, and no country has a deeper interest in maintaining it than the I nitcd States.— Our commerce spreads over every sea and visits every clime, and our ministers and consuls are appointed to protect the interests of that commerce, as well as to guard the peace of die country and maintain the honor of its Hag. But how can tlicy discharge these duties unless they he themselves protected : and, if protected, it must be by the laws of the country in which they reside. And what is dm* to our own public functionaries resi ding in foreign nations is exactly the measure of what is due to the functionaries of other governments residing here. As in war, the bearers of (lags of truce are sacred, or else wars would he interminable, so in peace, embassadors, public ministers and consuls, charged with friendly national intercourse, arc objects of especial respect and protection, each according to the rights belonging to his rank and station. In view of these impor tant principles, it is with deep mortification and regret 1 announce to you that, during the excitement growing out of the executions at Havana, the office of her Catholic majesty's consul at New Orleans was assailed by a mob, his property destroyeL the Spanish Hag found in the office carried off and torn in pieces, and he himself induced to flee for his personal safety, which he supposed to he in danger. On receiving intelligence of these events, I forthwith directed the attorney of the United States residing at New Orleans to inquire into the facts and the extent of the pecuniar}" loss sustained by the consul, with the intention of laying them before you. that you might make provision for such indemnity tit him as a just regard for the honor of the nation and the respect which is due to a friendly power might, in your judgment, scent to require. The correspondence upon this subject between the Secretary of State and her Catholic majesty's minister plenipoten tiary is herewith transmitted. The occurrence at Xew Orleans has led me to give my attention to the state of our laws in regard to foreign ambassadors, ministers and consuls. 1 think the legislation of the country is deficient in not providing suffici ently either for the protection or the punish ment of consuls. I therefore recommend the subject to the consideration of Congress. Your attention is again invited to the ques tion of reciprocal trade between the United States and Canada and other British posses sions near our frontier. Overtures for a con vention upon this subject have been received from her l'rittannic Majesty's Minister Plen ipotentiary, but it seems to be in many re spects preferable that the matter should be regulated bv reciprocal legislation. 1 docu ments are laid before you showing the terms which the British (lovernnn nt is willing to •tier, and the measures which it may adopt, if some arrangement upon this subject shall not be made. From the accompanying copy of si note from the British Legation at Washington, and the reply of the Department of State thereto, it will appear that her Britannic Majesty's government is desirous that it part of the boundary line between Oregon and the British possessions should l)f authoritatively marked out, and that an intention was ex pressed to apply to Congress for an appro priation to defrav the expense thereof on the part of the United States. Your attention to this subject is accordingly invited, and a proper appropriation recommended. A convention for the adjustment of claims uf < itizen.s of the 4 nited States against Por tugal lias been concluded, and tin: ratifi. a tiuiis have been exchanged. The first instal ment of the amount to be paid by Portugal, fell due 011 the 110 th of September last, and has been paid. The President of the French republic, ac cording to the provisions of the convention, has been selected a- arbiter in the case of the General Armstrong; and has signified that he accepts the trust and the high satisfaction he feels in acting as the common friend of two nations, with which France is united by sen timents of sincere and lasting amity. The Turkish Government has expressed its thanks for the kind reception given to the Sultan's agent, Amin Hey, on the occasion of his recent \i--it to the 1 nited States. o often and so severely suf fered. Until quiet shall have been restored, and a government apparently stable shall have been organized, no advance can pru dently be made in disposing of the questions pending between the two countries. 1 am happy to announce that an inter-oce anic communication from the mouth of the St. John to the Pacific has been so far accom plished as that passengers have actually traversed it and merchandise has been trans ported over it: and when the canal shall have been completed, according to the original plan, the means of communication will he further improved. It is understood that a considerable part of the railroad across the Isthmus of Panama has been completed, and that the mail and passengers will in future be conveyed thereon. Whichever of the several routes between the two oceans may ultimately prove most eligible for travellers to and from the differ ent States on the Atlantic and Gulf of Mexi co and our coast on the Pacific, there is little reason to doubt that all of them will be use ful to the public, and will liberally reward that individual enterprise, by which alone they have been or are expected to be carried into effect. Peace has been concluded between the contending parties in the island of St. Domin go, and it is hoped upon a durable basis. Such is the extent of our commercial rela tions with that island, that the United States cannot fail to feel a strong interest iu its tranquility. The office of Commissioner to China re mains unfilled ; several persons have been appointed, and has been offered to others, all of whom have declined its acceptance, on the ground of the inadequacy of the compensa tion. The annual allowance by law is $6,000, and there is no provision for any outfit, I earnestly recommend the consideration of this subject to Congress. Our commerce with China is highly important, and is becoming more and more so, in consequence of the in creasing intercourse between our ports on the Pacific coast and Eastern Asia. China is understood to be a country in which living is very expensive, and 1 know of no reason why the American Commissioner sent thither should not be placed, in regard to compen sation, on an equal footing with ministers who represent this country at the courts of 1 Europe. Bv reference to the lleport of the Secretary i of the Treasury, it will be seen that the ag ! yregate receipts for the last fiscal year a -1 mounted to 852,312,9711 88: which, with the i balance in the Treasury on the first of July, 1850, gave, as the available means for the i year, the sum of 858,917, ; >24 36. j " The total expenditures for the same period ' were 848,005,878 08. ! The total imports for the year ending 30th June, j 1851, were " $ >15,725,055 j Of which there were in specie 4,007,1)01 The exports lor the samo period were 821. ,517,1.>0 j Of which there were of domestic products 8178,546,555 Foreign goods re-exported 9,738.695 j Specie 29,231,880 Since the Ist Decomltcr last the payments in cash on account of the public debt, exelu j sive of interest, have amounted to 87,501,- 450 sii; which, however, includes the sum of . 83,242,400 paid under the 12th article of the ' treaty with .Mexico, and the further sum of ; 82,501,213 45, being the amount of awards | to American citizens under the late treaty with Mexico, for which the issue of stock was authorized, hut which was paid in cash from the Treasury. The public debt on the 20th ultimo, exclu sive of the stock to be issued to Texas by the act of Sept., 1850, was 802,500,305 20. The receipts of the next fiscal year are es timated at 851,800,000, which, with the pro bable unappropriated balance in the Treasu ry on the 30th June next, will give as the probable available moans for that year, the sum of 802,258,743 0(1. j It has been deemed proper, in view of the ! large expenditures consequent upon the ae ! quisition of territory from Mexico, that the i estimates for the next fiscal year should bo I laid before Congress in such manner as to ! distinguish the expenditures so required from the otherwise ordinary demands upon tlie Treasury. The total expenditures for the next fiscal year are estimated at 842,802,20(1 10, of which there is required for the ordinary pur poses of the Government, other than those consequent upon the acquisition of our new Territories, and deducting payments on ac count of tite public debt, the sunt of 833,- 343,198 08: and for the purposes connected directly or indirectly with those Territories, and in the fulfilment of the obligations of the Government, contracted in consequence ol their acquisition, the sum of 8(4,649,101 11. It the views of the Secretary of the Treas on- in reference to the expenditures required for these Territories shall be met by corres ponding action on the part of Congress, and appropriations made in accordance therewith, there will be an estimated unappropriated balance in the Treasurp on the 30th June, 1852, of 820,300,444 (to, wherewith to meet that portion of the public debt due on the Ist •July following, amounting to 80,237,931 35, as well as any appropriations which may be made beyond the estimates. In thus referring to the estimated expendi tures on account of our newly acquired Ter ritories, I may express the hope that Congress will concur with me in the desire that a liberal course of policy may be pursued to wards them, and that every obligation, ex press or implied, entered into in consequence of their acquisition, shall be fulfilled by the most liberal appropriations for that purpose. The values of our domestic exports for the last fiscal year, as compared with those of the previous year, exhibit an increase of 848,- 040,322. At first view this condition of our trade with foreign nations would seem to pre sent the most flattering hopes of its future prosperity. An examination of the details of our exports, however, will show that the increased value of our exports for the last lis eal year is to be found in the high price of cotton which prevailed during the first half of that year, which price has since declined about one-half. The value of our exports of breadstuff's and provisions, whirh it was supposed the incen tive of a low tariff* and large importations from abroad would have greatly augmented, has fallen from >08.701,021, in I s 17, to 820,- (151.373 in 1850, ami m 821.948,053 in 1851, witli a strong probability, amounting almost to a certainty, of a still further reduction in the current year. The aggregate values of rice exported du ring the last fiscal year, as compared with the previous year, also exhibit a decrease amount ing to 8400,917, which, with a decline in the values of the exports of tobacco for the same period, make an aggregate decrease in these two articles of 81.150,751. The policy which dictated a low rate of du ties on foreign merchandise, it was thought by those who promoted and established it, j would tend to benefit the farming population j of this country, by increasing the demand j and raising the price of agricultural products j in foreign markets. The foreogoing facts, however, seem to show I incontestibly that no such result has followed the adoption of this policy, t>n the contrary, notwithstanding the repeal of the restrictive corn laws in England, the foreign demand for the products of the American farmer has steadily declined, since the short crops and consequent famine in a portion of Europe have been happily replaced by full crops and comparative abundance of food. it will be seen, by referring to the com mercial statistics for the past year, that the value of our domestic exports has been in- • creased in the single item of raw cotton by j 84(MlOO,0tM> over the value of that export for j the year preceding. This is not due to auv . increased general demand for that article, but to the short crop of the preceding year, which created an increased demand and an augmented price for the crop of last year.— Should the cotton crop now going forward to market be only equal in quantity to that of the year preceding, and be sold at the pres ent prices, then there would be a falling oft' in the value of our exports for the present fiscal year of at least *40,000,000, compared with the amount exported for the year ending 30th June. 1851. The production of gold in California for the past year seems to promise a large supply ol that metal from that quarter for some time This large annual increase of the currency of the currency of the world must he attend ed with its usual results. These have been already partially disclosed in the enhance ment of prices and a rising spirit of speeula | tion and adventure, tending to overtrading, as well at home as abroad. Unless some salutary check shall be given to these tenden cies, it is to be feared that importations of foreign goods beyond a healthy demand in this country will lead to a sudden drain of the precious metals from us, bringing with it. as it lias done in former times, the tuns disas trous consequences to the business and capi tal of the American people. • The exports of specie to liquidate our for eign debt during the past fiscal year have I been 821,203,979 over the amount of specie | imported. The export f -j • i>.- during t. .. i first quarter of the present fiscal year ha\,. been £14.051,*-". Should specie continue t be exported at this rate for the remain" thi • quarters of this year, it will drain from our metallic currency during the year ending 30th June, 1852, the enormous amount of SSB,G( 17.30*. In the present prosperous condition of the I national finances, it will become the duty of ! Congress to consider the best mode of I off the public debt. If the present and an tieipated surplus in the Treasury should nut he absorbed by appropriations of an extraor dinary character, this surplus should he em ployed in such way, or under such restric i tious, as Congress may enact, in cxtinuish | ing the outstanding debt of the nation.' By reference to the act (if Congress appro j ved 9th Sept., 1850, it will be seen that, in | consideration of certain concessions bv the ! State of Texas, it is provided that the "Uni : ted States shall pay to the State of Texas the i