Presidents -- United States -- Messages; United States -- Politics and government -- Sources
The Government of His Most Faithful Majesty since the termination of the
last session of Congress has been removed from Rio de Janeiro to Lisbon,
where a revolution similar to that which had occurred in the neighboring
Kingdom of Spain had in like manner been sanctioned by the accepted and
pledged faith of the reigning monarch. The diplomatic intercourse between
the United States and the Portuguese dominions, interrupted by this
important event, has not yet been resumed, but the change of internal
administration having already materially affected the commercial
intercourse of the United States with the Portuguese dominions, the renewal
of the public missions between the two countries appears to be desirable at
an early day.
It is understood that the colonies in South America have had great success
during the present year in the struggle for their independence. The new
Government of Colombia has extended its territories and considerably
augmented its strength, and at Buenos Ayres, where civil dissensions had
for some time before prevailed, greater harmony and better order appear to
have been established. Equal success has attended their efforts in the
Provinces on the Pacific. It has long been manifest that it would be
impossible for Spain to reduce these colonies by force, and equally so that
no conditions short of their independence would be satisfactory to them. It
may therefore be presumed, and it is earnestly hoped, that the Government
of Spain, guided by enlightened and liberal councils, will find it to
comport with its interests and due to its magnanimity to terminate this
exhausting controversy on that basis. To promote this result by friendly
counsel with the Government of Spain will be the object of the Government
of the United States.
In conducting the fiscal operations of the year it has been found necessary
to carry into full effect the act of the last session of Congress
authorizing a loan of $5 millions. This sum has been raised at an average
premium of $5.59 per centum upon stock bearing an interest at the rate of
5% per annum, redeemable at the option of the Government after January
1st, 1835.
There has been issued under the provisions of this act $4,735,296.30 of 5%
stock, and there has been or will be redeemed during the year $3,197,030.71
of Louisiana 6% deferred stock and Mississippi stock. There has therefore
been an actual increase of the public debt contracted during the year of
$1,538,266.69.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account