ors and distant from its
support; and how far that monopoly which prevents population should
here be guarded against and actual habitation made a condition of
the continuance of title will be for your consideration. A prompt
settlement, too, of all existing rights and claims within this territory
presents itself as a preliminary operation.
In that part of the Indiana Territory which includes Vincennes the lines
settled with the neighboring tribes fix the extinction of their title
at a breadth of 24 leagues from east to west and about the same length
parallel with and including the Wabash. They have also ceded a tract of
4 miles square, including the salt springs near the mouth of that river.
In the Department of Finance it is with pleasure I inform you that the
receipts of external duties for the last twelve months have exceeded
those of any former year, and that the ratio of increase has been also
greater than usual. This has enabled us to answer all the regular
exigencies of Government, to pay from the Treasury within one year
upward of $8,000,000, principal and interest, of the public debt,
exclusive of upward of one million paid by the sale of bank stock, and
making in the whole a reduction of nearly five millions and a half of
principal, and to have now in the Treasury $4,500,000, which are in a
course of application to the further discharge of debt and current
demands. Experience, too, so far, authorizes us to believe, if no
extraordinary event supervenes, and the expenses which will be actually
incurred shall not be greater than were contemplated by Congress
at their last session, that we shall not be disappointed in the
expectations then formed. But nevertheless, as the effect of peace
on the amount of duties is not yet fully ascertained, it is the more
necessary to practice every useful economy and to incur no expense which
may be avoided without prejudice.
The collection of the internal taxes having been completed in some of
the States, the officers employed in it are of course out of commission.
In others they will be so shortly. But in a few, where the arrangements
for the direct tax had been retarded, it will be some time before the
system is closed. It has not yet been thought necessary to employ the
agent authorized by an act of the last session for transacting business
in Europe relative to debts and loans. Nor have we used the power
confided by the same act of prolonging the foreign debt by reloans
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