post office operate, in experiment, against the transmission of news papers
to distant parts of the country. Should this, upon due inquiry, be found to
be the fact, a full conviction of the importance of facilitating the
circulation of political intelligence and information will, I doubt not,
lead to the application of a remedy.

The adoption of a constitution for the State of Kentucky has been notified
to me. The Legislature will share with me in the satisfaction which arises
from an event interesting to the happiness of the part of the nation to
which it relates and conducive to the general order.

It is proper likewise to inform you that since my last communication on the
subject, and in further execution of the acts severally making provision
for the public debt and for the reduction thereof, three new loans have
been effected, each for 3,000,000 florins--one at Antwerp, at the annual
interest of 4.5%, with an allowance of 4% in lieu of all charges, in the
other 2 at Amsterdam, at the annual interest of 4%, with an allowance of
5.5% in one case and of 5% 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,