lated that
the parties shall hereafter grant no favor of navigation or commerce to
any other nation which shall not upon the same terms be granted to each
other, and that neither party will impose upon articles of merchandise
the produce or manufacture of the other any other or higher duties than
upon the like articles being the produce or manufacture of any other
country. To these principles there is in the convention with Denmark an
exception with regard to the colonies of that Kingdom in the arctic
seas, but none with regard to her colonies in the West Indies.

In the course of the last summer the term to which our last commercial
treaty with Sweden was limited has expired. A continuation of it is in
the contemplation of the Swedish Government, and is believed to be
desirable on the part of the United States. It has been proposed by the
King of Sweden that pending the negotiation of renewal the expired
treaty should be mutually considered as still in force, a measure which
will require the sanction of Congress to be carried into effect on our
part, and which I therefore recommend to your consideration.

With Prussia, Spain, Portugal, and, in general, all the European powers
between whom and the United States relations of friendly intercourse
have existed their condition has not materially varied since the last
session of Congress. I regret not to be able to say the same of our
commercial intercourse with the colonial possessions of Great Britain in
America. Negotiations of the highest importance to our common interests
have been for several years in discussion between the two Governments,
and on the part of the United States have been invariably pursued in the
spirit of candor and conciliation. Interests of great magnitude and
delicacy had been adjusted by the conventions of 1815 and 1818, while
that of 1822, mediated by the late Emperor Alexander, had promised a
satisfactory compromise of claims which the Government of the United
States, in justice to the rights of a numerous class of their citizens,
was bound to sustain. But with regard to the commercial intercourse
between the United States and the British colonies in America, it has
been hitherto found impracticable to bring the parties to an
understanding satisfactory to both. The relative geographical position
and the respective products of nature cultivated by human industry had
constituted the elements of a commercial intercourse between the United
States an