Nothing has occurred to interrupt the good understanding that has long
existed with the Barbary Powers, nor to check the good will which is
gradually growing up from our intercourse with the dominions of the
Government of the distinguished chief of the Ottoman Empire.
Information has been received at the Department of State that a treaty
with the Emperor of Morocco has just been negotiated, which, I hope,
will be received in time to be laid before the Senate previous to the
close of the session.
You will perceive from the report of the Secretary of the Treasury
that the financial means of the country continue to keep pace with its
improvement in all other respects. The receipts into the Treasury during
the present year will amount to about $47,691,898; those from customs
being estimated at $22,523,151, those from lands at about $24,000,000,
and the residue from miscellaneous sources. The expenditures for all
objects during the year are estimated not to exceed $32,000,000, which
will leave a balance in the Treasury for public purposes on the 1st day
of January next of about $41,723,959. This sum, with the exception of
$5,000,000, will be transferred to the several States in accordance with
the provisions of the act regulating the deposits of the public money.
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