The internal state of Spain has sensibly improved, and a
well-grounded hope exists that the return of peace will restore to
the people of that country their former prosperity and enable the
Government to fulfill all its obligations at home and abroad. The
Government of Portugal, I have the satisfaction to state, has paid
in full the eleventh and last installment due to our citizens for
the claims embraced in the settlement made with it on the 3d of
March, 1837.
I lay before you treaties of commerce negotiated with the Kings of
Sardinia and of the Netherlands, the ratifications of which have been
exchanged since the adjournment of Congress. The liberal principles
of these treaties will recommend them to your approbation. That with
Sardinia is the first treaty of commerce formed by that Kingdom, and
it will, I trust, answer the expectations of the present Sovereign by
aiding the development of the resources of his country and stimulating
the enterprise of his people. That with the Netherlands happily
terminates a long-existing subject of dispute and removes from our
future commercial intercourse all apprehension of embarrassment.
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