Martin Van Buren: “Indebtedness can not be lessened by borrowing more money or by changing the form of the debt.”

I transmit herewith to the House of Representatives of the United States a report from the Director of the Mint, exhibiting the operations of that institution during the year 1840

I transmit the accompanying report from the Secretary of State, in relation to the resolution of the House of Representatives of the 12th ultimo, on the subject of claims of citizens of the United States on the Government of Hayti.

I transmit, for the action of the Senate, a communication from the Secretary of War, on the subject of the transfer of Chickasaw stock to the Choctaw tribe, which the accompanying papers explain.

Our safest reliance for financial efficiency and independence has, on the contrary, been found to consist in ample resources unencumbered with debt...