e of our farmers; our commerce has whitened every ocean. The
dominion of man over physical nature has been extended by the invention
of our artists. Liberty and law have marched hand in hand. All the
purposes of human association have been accomplished as effectively as
under any other government on the globe, and at a cost little exceeding
in a whole generation the expenditure of other nations in a single year.

Such is the unexaggerated picture of our condition under a Constitution
founded upon the republican principle of equal rights. To admit that
this picture has its shades is but to say that it is still the condition
of men upon earth. From evil--physical, moral, and political--it is not
our claim to be exempt. We have suffered sometimes by the visitation
of Heaven through disease; often by the wrongs and injustice of other
nations, even to the extremities of war; and, lastly, by dissensions
among ourselves--dissensions perhaps inseparable from the enjoyment
of freedom, but which have more than once appeared to threaten
the dissolution of the Union, and with it the overthrow of all the
enjoyments of our present lot and all our earthly hopes of the future.
The causes of these dissensions have been various, founded upon
differences of speculation in the theory of republican government; upon
conflicting views of policy in our relations with foreign nations; upon
jealousies of partial and sectional interests, aggravated by prejudices
and prepossessions which strangers to each other are ever apt to
entertain.

It is a source of gratification and of encouragement to me to observe
that the great result of this experiment upon the theory of human rights
has at the close of that generation by which it was formed been crowned
with success equal to the most sanguine expectations of its founders.
Union, justice, tranquillity, the common defense, the general welfare,
and the blessings of liberty--all have been promoted by the Government
under which we have lived. Standing at this point of time, looking
back to that generation which has gone by and forward to that which is
advancing, we may at once indulge in grateful exultation and in cheering
hope. From the experience of the past we derive instructive lessons for
the future. Of the two great political parties which have divided the
opinions and feelings of our country, the candid and the just will now
admit that both have contributed splendid talents, spotless integrity,
ard