State of the Union AddressesPolk, James K. (James Knox)
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State of the Union Addresses
Polk, James K. (James Knox)
Presidents -- United States -- Messages; United States -- Politics and government -- Sources
I repeat the recommendation heretofore made to Congress, that provision be
made for the appointment of a suitable number of Indian agents to reside
among the tribes of Oregon, and that a small sum be appropriated to enable
these agents to cultivate friendly relations with them. If this be done,
the presence of a small military force will be all that is necessary to
keep them in check and preserve peace. I recommend that similar provisions
be made as regards the tribes inhabiting northern Texas, New Mexico,
California, and the extensive region lying between our settlements in
Missouri and these possessions, as the most effective means of preserving
peace upon our borders and within the recently acquired territories.
The Secretary of the Treasury will present in his annual report a highly
satisfactory statement of the condition of the finances.
The imports for the fiscal year ending on the 30th of June last were of the
value of $154,977,876, of which the amount exported was $21,128,010,
leaving $133,849,866 in the country for domestic use. The value of the
exports for the same period was $154,032,131, consisting of domestic
productions amounting to $132,904,121 and $21,128,010 of foreign articles.
The receipts into the Treasury for the same period, exclusive of loans,
amounted to $35,436,750.59, of which there was derived from customs
$31,757,070.96, from sales of public lands $3,328,642.56, and from
miscellaneous and incidental sources $351,037.07.
It will be perceived that the revenue from customs for the last fiscal year
exceeded by $757,070.96 the estimate of the Secretary of the Treasury in
his last annual report, and that the aggregate receipts during the same
period from customs, lands, and miscellaneous sources also exceeded the
estimate by the sum of $536,750.59, indicating, however, a very near
approach in the estimate to the actual result.
The expenditures during the fiscal year ending on the 30th of June last,
including those for the war and exclusive of payments of principal and
interest for the public debt, were $42,811,970.03.
It is estimated that the receipts into the Treasury for the fiscal year
ending on the 30th of June, 1849, including the balance in the Treasury on
the 1st of July last, will amount to the sum of $57,048,969.90, of which
$32,000,000, it is estimated, will be derived from customs, $3,000,000 from
the sales of the public lands, and $1,200,000 from miscellaneous and
incidental sources, including the premium upon the loan, and the amount
paid and to be paid into the Treasury on account of military contributions
in Mexico, and the sales of arms and vessels and other public property
rendered unnecessary for the use of the Government by the termination of
the war, and $20,695,435.30 from loans already negotiated, including
Treasury notes funded, which, together with the balance in the Treasury on
the 1st of July last, make the sum estimated.
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