A few prominent facts will place this great interest in a just light before you.

I see much cause to rejoice in the felicity of our situation.

Among these none holds a more important place than the public revenue.

On the subject of claims of citizens of the United States for Spanish spoliations upon their property and commerce.

together with the returns of causes depending in the courts of the United States

collected conformably to a resolution of the Senate of the 18th of January, 1819

I transmit herewith to the Senate a report from the Secretary of State

It appears, however, that the treaty is still unratified and that the minister has no authority to surrender the territory.

Had the minister of Spain offered an unqualified pledge that the treaty should be ratified by his Sovereign on being made acquainted with the explanations which had been given by this Government, there would have been a strong motive for…

With these remarks I submit it to the wisdom of Congress whether it will not still be advisable to postpone any decision on this subject until the next session.

He admits that the other objections are essentially removed and will not in themselves prevent the ratification, provided the difficulty on the third point is surmounted.

In regard to the stipulation proposed as the condition of the ratification of the treaty, that the United States shall abandon the right to recognize the revolutionary colonies in South America, or to form other relations with them when in…

Unexpected as such complaints and such a demand were under existing circumstances, it was thought proper, without compromitting the Government as to the course to be pursued, to meet them promptly and to give the explanations that were…

Under such circumstances the attention of the Spanish Government may be diverted from its foreign concerns, and the arrival of a minister here be longer delayed.

The distress of that nation at this juncture affords a motive for this forbearance which can not fail to be duly appreciated.

I am the more induced to suggest this course of proceeding from a knowledge that, while we shall thereby make a just return to the powers whose good offices have been acknowledged, and increase by a new and signal proof of moderation our…

On full consideration of all these circumstances, I have thought it my duty to submit to Congress whether it will not be advisable to postpone a decision on the questions now depending with Spain until the next session.

I transmit to the Senate a report from the Secretary of the Treasury, which, with the documents accompanying it, will afford all the information required.