Funds for the gradual payment of the debt had been provided; a considerable part of it had been actually discharged; and that system which is now operating its entire extinction, had been matured and adopted.

The agricultural and commercial wealth of the nation had increased beyond all former example.

The numerous tribes of warlike Indians, inhabiting those immense tracts which lie between the then cultivated country and the Mississippi, had been taught, by arms and by justice, to respect the United States, and to continue in peace.

This desirable object having been accomplished, that humane system was established for civilizing, and furnishing them with the conveniences of life which improves their condition, while it secures their attachment.
Abroad, the differences with Spain had been accommodated; and the free navigation of the Mississippi had been acquired, with the use of New Orleans as a place of deposit for three years, and afterwards, until some other equivalent place should be designated.

Those causes of mutual exasperation which had threatened to involve the United States in a war with the greatest maritime and commercial power in the world, had been removed; and the military posts which had been occupied within their territory, from their existence as a nation, had been evacuated.