ecution of the acts, severally making provision for the public debt, and for the reduction thereof, three new loans have been effected, each for three millions of florins; one at Antwerp at the annual interest of four and one half per cent, with an allowance of four per cent in lieu of all charges; and the other two at Amsterdam, at the annual interest of four per cent, with an allowance of five and one half per cent in one case and of five per cent in the other, in lieu of all charges. The rates of these loans, and the circumstances under which they have been made, are confirmations of the high state of our credit abroad. Among the objects to which these funds have been directed to be applied, the payment of the debts due to certain foreign officers, according to the provision made during the last session, has been embraced. GENTLEMEN OF THE HOUSE OF REPRESENTATIVES, I entertain a strong hope, that the state of the national finances is now sufficiently matured to enable you to enter upon a systematic and effectual arrangement for the regular redemption and discharge of the public debt, according to the right which has been reserved to the government. No measure can be more desirable, whether viewed with an eye to its intrinsic importance, or to the general sentiment and wish of the nation. Provision is likewise requisite for the reimbursement of the loan, which has been made for the Bank of the United States, pursuant to the eleventh section of the act by which it is incorporated. In fulfilling the public stipulations in this particular, it is expected a valuable saving will be made. Appropriations for the current service of the ensuing year, and for such extraordinaries as may require provision, will demand, and I doubt not will engage, your early attention. GENTLEMEN OF THE SENATE AND HOUSE OF REPRESENTATIVES, I content myself with recalling your attention, generally, to such objects not particularized in my present, as have been suggested in my former communications to you. Various temporary laws will expire during the present session. Among these, that which regulates trade and intercourse with the Indian tribes will merit particular notice. The results of your common deliberations hitherto will, I trust, be productive of solid and durable advantages to our constituents; such as, by conciliating more and more their ultimate suffrage, will tend to strengthen and confirm their attachment to that constitution of government, upon which, under Divine Providence, materially depend their union, their safety, and their happiness. Still further to promote and secure these inestimable ends, there is nothing which can have a more powerful tendency, than the careful cultivation of harmony, combined with a due regard to stability in the public councils. GEORGE WASHINGTON. REPLY TO THE ANSWER OF THE SENATE. I derive much pleasure, Gentlemen, from your very satisfactory address. The renewed assurances of your confidence in my administration, and the expression of your wish for my personal happiness, claim and receive my particular acknowledgments. In my future endeavours for the public welfare, to which my duty may call me, I shall not cease to count upon the firm, enlightened, and patriotic support of the Senate. GEORGE WASHINGTON. REPLY TO THE ANSWER OF THE HOUSE OF REPRESENTATIVES. GENTLEMEN, It gives me pleasure to express to you the satisfaction, which your address affords me. I feel, as I ought, the approbation you manifest of the measures I have taken, and the purpose I have formed to maintain, pursuant to the trust reposed in me by the constitution, the respect which is due to the laws, and the assurance which you, at the same time, give me of every constitutional aid and coöperation, that may become requisite on your part. This is a new proof of that enlightened solicitude for the establishment and confirmation of public order, which, embracing a zealous regard for the principles of true liberty, has guided the deliberations of the House of Representatives; a perseverance in which can alone secure, under the divine blessing, the real and permanent felicity of our common country. GEORGE WASHINGTON. SPEECH TO BOTH HOUSES OF CONGRESS, FELLOW-CITIZENS OF THE SENATE AND HOUSE OF REPRESENTATIVES, Since the commencement of the term, for which I have been again called into office, no fit occasion has arisen for expressing to my fellow-citizens at large, the deep and respectful sense, which I feel, of the renewed testimony of public approbation. While, on the one hand, it awakened my gratitude for all those instances of affectionate partiality, with which I have been honored by my country; on the other, it could not prevent an earnest wish for that retirement, from which no private consideration should ever have torn me. But influenced by the belief, that my conduct would be estimated according to its real motives, and that the people, and the authorities derived from them, would support exertions having nothing personal for their object, I have obeyed the suffrage, which commanded me to resume the executive power; and I humbly implore that Being, on whose will the fate of nations depends, to crown with success our mutual endeavours for the general happiness. As soon as the war in Europe had embraced those powers, with whom the United States have the most extensive relations, there was reason to apprehend, that our intercourse with them might be interrupted, and our disposition for peace drawn into question, by the suspicions too often entertained by belligerent nations. It seemed, therefore, to be my duty to admonish our citizens of the consequences of a contraband trade, and of hostile acts to any of the parties; and to ob tain, by a declaration of the existing legal state of things, an easier admission of our right to the immunities belonging to our situation. Under these impressions, the Proclamation, which will be laid before you, was issued. In this posture of affairs, both new and delicate, I resolved to adopt general rules, which should conform to the treaties and assert the privileges of the United States. These were reduced into a system, which will be communicated to you. Although I have not thought myself at liberty to forbid the sale of the prizes, permitted by our treaty of commerce with France to be brought into our ports, I have not refused to cause them to be restored, when they were taken within the protection of our territory, or by vessels commissioned or equipped in a warlike form within the limits of the United States. It rests with the wisdom of Congress to correct, improve, or enforce this plan of procedure; and it will probably be found expedient to extend the legal code, and the jurisdiction of the courts of the United States, to many cases, which, though dependent on principles already recognised, demand some further provisions. Where individuals shall within the United States array themselves in hostility against any of the powers at war; or enter upon military expeditions or enterprises within the jurisdiction of the United States; or usurp and exercise judicial authority within the United States; or where the penalties on violations of the law of nations may have been indistinctly marked, or are inadequate; these offences cannot receive too early and close an attention, and require prompt and decisive remedies. Whatsoever those remedies may be, they will be VOL. XII. D |