The Senate of the United States have received with the highest satisfaction the assurance of public prosperity contained in your Speech to both Houses: the multiplied blessings of providence have not escaped our notice or failed to excite our gratitude.1

The benefits which flow from a restoration of public and private confidence are conspicuous, and important and the pleasure with which we contemplate them is heightened by your assurance of those further communications which shall confirm their existance and indicate their source.

Whilst we rejoice in the success of those military operations, which have been directed against the hostile indians, we lament with you the necessity that has produced them, and we participate the hope that the present prospect of a general peace, on terms of moderation and justice, may be wrought into complete and permanent 75 effect, and that the measures of government may equally embrace the security of our frontiers and the general interests of humanity; our solicitude to obtain, will ensure our zealous attention, to an object so warmly espoused by the principles, of benevolence, and so highly interesting to the honor and welfare of the nation.

The several subjects which you have particularly recommended and those which remain of former Sessions will engage our early consideration; we are encouraged to prosecute them with celerity and steadiness by the belief, that they will interest no passion, but that for the general welfare, by the assurance of concert and by a view of the arduous and important arrangements which have been already accomplished.

We observe, Sir, the constancy and activity of your zeal for the public good. The example will animate our efforts to promote the happiness of our Country.

By order of the Senate

The Vice President of the United States and President of the Senate, The Chief Justice, The Secretary of State, The Secretary of the Treasury and the Attorney General respectfully report to the Congress of the United States of America.

That pursuant to the Act intitled an Act making provision for the reduction of the public debt and in conformity to two resolutions agreed upon by them one on the fifteenth day of January another on the 15th. day of August last and severally approved by the President of the United States, they have caused purchases of the said debt to be made through the Agency respectively of Samuel Meredith 76 Treasurer of the United States, William Seton Cashier of the Bank of New York, Benjamin Lincoln Collector of the District of Boston and Charlestown and William Heth Collector of the District of Bermuda Hundred,2 to the amount of Eight hundred fifty two thousand, six hundred seventy seven dollars & forty six Cents; and for which there have been paid Five hundred forty eight thousand, Nine hundred twenty four Dollars and fourteen Cents in specie, as will more particularly appear by the several documents No I to VIII herewith submitted as part of this Report and which specify the places where, the times when, the prices at which, and the persons of whom the said purchases have been made. That though the statements of Willm Seton and Benjamin Lincoln have not yet passed through the forms of a settlement it appears by the document No. VIII being a certified transcript from the books of the Treasury that the amount of the stock by them respectively reported to have been purchased has been duly transferred to the said Books.

That the purchases now and heretofore reported amount in the whole to One million, one hundred thirty one thousand, three hundred sixty four thousand Dollars and seventy six Cents, for which there have been paid six hundred ninety nine thousand, one hundred sixty three dollars and thirty Eight Cents in specie.

Signed in Behalf of the Board