A Compilation of the Messages and Papers of the Presidents. Volume 5, part 3: Franklin Pierce
History
A Compilation of the Messages and Papers of the Presidents. Volume 5, part 3: Franklin Pierce
Pierce, Franklin, 1804-1869; Presidents -- United States; United States -- History -- Sources; United States -- Politics and government
In regard to the American Republics, which from their proximity and
other considerations have peculiar relations to this Government, while
it has been my constant aim strictly to observe all the obligations of
political friendship and of good neighborhood, obstacles to this have
arisen in some of them from their own insufficient power to check
lawless irruptions, which in effect throws most of the task on the
United States. Thus it is that the distracted internal condition of the
State of Nicaragua has made it incumbent on me to appeal to the good
faith of our citizens to abstain from unlawful intervention in its
affairs and to adopt preventive measures to the same end, which on a
similar occasion had the best results in reassuring the peace of the
Mexican States of Sonora and Lower California.
Since the last session of Congress a treaty of amity, commerce, and
navigation and for the surrender of fugitive criminals with the Kingdom
of the Two Sicilies; a treaty of friendship, commerce, and navigation
with Nicaragua, and a convention of commercial reciprocity with the
Hawaiian Kingdom have been negotiated. The latter Kingdom and the
State of Nicaragua have also acceded to a declaration recognizing as
international rights the principles contained in the convention between
the United States and Russia of July 22, 1854. These treaties and
conventions will be laid before the Senate for ratification.
The statements made in my last annual message respecting the anticipated
receipts and expenditures of the Treasury have been substantially
verified.
It appears from the report of the Secretary of the Treasury that the
receipts during the last fiscal year, ending June 30, 1855, from all
sources were $65,003,930, and that the public expenditures for the same
period, exclusive of payments on account of the public debt, amounted to
$56,365,393. During the same period the payments made in redemption of
the public debt, including interest and premium, amounted to $9,844,528.
The balance in the Treasury at the beginning of the present fiscal year,
July 1, 1855, was $18,931,976; the receipts for the first quarter and
the estimated receipts for the remaining three quarters amount together
to $67,918,734; thus affording in all, as the available resources of the
current fiscal year, the sum of $86,856,710.
If to the actual expenditures of the first quarter of the current
fiscal year be added the probable expenditures for the remaining three
quarters, as estimated by the Secretary of the Treasury, the sum total
will be $71,226,846, thereby leaving an estimated balance in the
Treasury on July 1, 1856, of $15,623,863.41.
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