the Old World, and in much unaffected by their policy, we are happily
relieved from the necessity of maintaining large standing armies in
times of peace. The policy which was adopted by Mr. Monroe shortly after
the conclusion of the late war with Great Britain of preserving a
regularly organized staff sufficient for the command of a large military
force should a necessity for one arise is founded as well in economy as
in true wisdom. Provision is thus made, upon filling up the rank and
file, which can readily be done on any emergency, for the introduction
of a system of discipline both promptly and efficiently. All that is
required in time of peace is to maintain a sufficient number of men
to guard our fortifications, to meet any sudden contingency, and to
encounter the first shock of war. Our chief reliance must be placed on
the militia; they constitute the great body of national guards, and,
inspired by an ardent love of country, will be found ready at all times
and at all seasons to repair with alacrity to its defense. It will be
regarded by Congress, I doubt not, at a suitable time as one of its
highest duties to attend to their complete organization and discipline.

The state of the navy pension fund requires the immediate attention of
Congress. By the operation of the act of the 3d of March, 1837, entitled
"An act for the more equitable administration of the navy pension fund,"
that fund has been exhausted. It will be seen from the accompanying
report of the Commissioner of Pensions that there will be required for
the payment of navy pensions on the 1st of July next $88,706.06-1/3, and
on the 1st of January, 1842, the sum of $69,000. In addition to these
sums, about $6,000 will be required to pay arrears of pensions which
will probably be allowed between the 1st of July and the 1st of January,
1842, making in the whole $163,706.06-1/3. To meet these payments there
is within the control of the Department the sum of $28,040, leaving a
deficiency of $139,666.06-1/3. The public faith requires that immediate