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In Time Of Peace There Can, At All Events, Be No Justification For The Creation Of A Permanent Debt By The Federal Government. Its Limited Range Of Constitutional Duties May Certainly Under Such Circumstances Be Performed Without Such A Resort.

To Avoid The Necessity Of A Permanent Debt And Its Inevitable Consequences, I Have Advocated And Endeavored To Carry Into Effect The Policy Of Confining The Appropriations For The Public Service To Such Objects Only As Are Clearly With The Constitutional Authority Of The Federal Government.

With Respect To The Northeastern Boundary Of The United States, No Official Correspondence Between This Government And That Of Great Britain Has Passed Since That Communicated To Congress Toward The Close Of Their Last Session.

I Tread In The Footsteps Of Illustrious Men... In Receiving From The People The Sacred Trust Confided To My Illustrious Predecessor.

On Receiving From The People The Sacred Trust Twice Confided On My Illustrious Predecessor, And Which He Has Discharged So Faithfully And So Well, I Know That I Can Not Expect To Perform The Arduous Task With Equal Ability And Success.