I transmit, for the consideration and action of the Senate, communications from the Department of War, accompanying treaties with the Indians in the State of New York, with the St. Regis band, and with the Oneidas residing at Green Bay.
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Our safest reliance for financial efficiency and independence has, on the contrary, been found to consist in ample resources unencumbered with debt...
They may be redeemed out of the accruing revenue if the expenditures do not exceed the amount within which they may, it is thought, be kept without prejudice to the public interest.
The known necessity which so many of the States will be under to impose taxes for the payment of the interest on their debts furnishes an additional and very cogent reason why the Federal Government should refrain from creating a national…
I herewith submit a report from the Secretary of the Treasury, with the documents therein referred to.
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