are inexpressibly enhanced.

The present situation of the world is indeed without a parallel, and
that of our own country full of difficulties. The pressure of these,
too, is the more severely felt because they have fallen upon us at a
moment when the national prosperity being at a height not before
attained, the contrast resulting from the change has been rendered the
more striking. Under the benign influence of our republican
institutions, and the maintenance of peace with all nations whilst so
many of them were engaged in bloody and wasteful wars, the fruits of a
just policy were enjoyed in an unrivaled growth of our faculties and
resources. Proofs of this were seen in the improvements of agriculture,
in the successful enterprises of commerce, in the progress of
manufactures and useful arts, in the increase of the public revenue and
the use made of it in reducing the public debt, and in the valuable
works and establishments everywhere multiplying over the face of our
land.

It is a precious reflection that the transition from this prosperous
condition of our country to the scene which has for some time been
distressing us is not chargeable on any unwarrantable views, nor, as I
trust, on any involuntary errors in the public councils. Indulging no
passions which trespass on the rights or the repose of other nations, it
has been the true glory of the United States to cultivate peace by
observing justice, and to entitle themselves to the respect of the
nations at war by fulfilling their neutral obligations with the most
scrupulous impartiality. If there be candor in the world, the truth of
these assertions will not be questioned; posterity at least will do
justice to them.