I
earnestly renew, at the same time, a recommendation of such changes in
the system of the militia as, by classing and disciplining for the most
prompt and active service the portions most capable of it, will give to
that great resource for the public safety all the requisite energy and
efficiency.
The moneys received into the Treasury during the nine months ending on
the 30th day of June last amounted to $32,000,000, of which near eleven
millions were the proceeds of the public revenue and the remainder
derived from loans. The disbursements for public expenditures during the
same period exceeded $34,000,000, and left in the Treasury on the 1st
day of July near $5,000,000. The demands during the remainder of the
present year already authorized by Congress and the expenses incident to
an extension of the operations of the war will render it necessary that
large sums should be provided to meet them.
From this view of the national affairs Congress will be urged to take
up without delay as well the subject of pecuniary supplies as that of
military force, and on a scale commensurate with the extent and the
character which the war has assumed. It is not to be disguised that the
situation of our country calls for its greatest efforts. Our enemy is
powerful in men and in money, on the land and on the water. Availing
himself of fortuitous advantages, he is aiming with his undivided force
a deadly blow at our growing prosperity, perhaps at our national
existence.
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