State of the Union Addresses (1790-2008)United States. Presidents
History
State of the Union Addresses (1790-2008)
United States. Presidents
Presidents -- United States -- Messages; United States -- Politics and government -- Sources
The congress of ministers from several of those nations which assembled
at Panama, after a short session there, adjourned to meet again at a
more favorable season in the neighborhood of Mexico. The decease of one
of our ministers on his way to the Isthmus, and the impediments of the
season, which delayed the departure of the other, deprived United States
of the advantage of being represented at the first meeting of the
congress. There is, however, no reason to believe that any transactions
of the congress were of a nature to affect injuriously the interests of
the United States or to require the interposition of our ministers had
they been present. Their absence has, indeed, deprived United States of
the opportunity of possessing precise and authentic information of the
treaties which were concluded at Panama; and the whole result has
confirmed me in the conviction of the expediency to the United States of
being represented at the congress. The surviving member of the mission,
appointed during your last session, has accordingly proceeded to his
destination, and a successor to his distinguished and lamented associate
will be nominated to the Senate. A treaty of amity, navigation, and
commerce has in the course of the last summer been concluded by our
minister plenipotentiary at Mexico with the united states of that
Confederacy, which will also be laid before the Senate for their advice
with regard to its ratification.
In adverting to the present condition of our fiscal concerns and to the
prospects of our revenue the first remark that calls our attention is
that they are less exuberantly prosperous than they were at the
corresponding period of the last year. The severe shock so extensively
sustained by the commercial and manufacturing interests in Great Britain
has not been without a perceptible recoil upon ourselves. A reduced
importation from abroad is necessarily succeeded by a reduced return to
the Treasury at home. The net revenue of the present year will not equal
that of the last, and the receipts of that which is to come will fall
short of those in the current year. The diminution, however, is in part
attributable to the flourishing condition of some of our domestic
manufactures, and so far is compensated by an equivalent more profitable
to the nation.
Public-domain text, read in full here on John Shaqi.
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