To avoid the necessity of a permanent debt and its inevitable consequences, I have advocated and endeavored to carry into effect the policy of confining the appropriations for the public service to such objects only as are clearly with the constitutional authority of the Federal Government.

I am more than ever convinced of the dangers to which the free and unbiased exercise of political opinion - the only sure foundation and safeguard of republican government - would be exposed by any further increase of the already overgrown influence of corporate authorities.

With respect to the northeastern boundary of the United States, no official correspondence between this Government and that of Great Britain has passed since that communicated to Congress toward the close of their last session.

There is a power in public opinion in this country - and I thank God for it: for it is the most honest and best of all powers - which will not tolerate an incompetent or unworthy man to hold in his weak or wicked hands the lives and fortunes of his fellow-citizens.

The condition of the tribes which occupy the country set apart for them in the West is highly prosperous, and encourages the hope of their early civilization. They have for the most part abandoned the hunter state and turned their attention to agricultural pursuits.

The second, sober thought of the people is seldom wrong, and always efficient.

In time of peace there can, at all events, be no justification for the creation of a permanent debt by the Federal Government. Its limited range of constitutional duties may certainly under such circumstances be performed without such a resort.