The contracts for the transportation of the mail in steamships,
convertible into war steamers, promise to realize all the benefits to
our commerce and to the Navy which were anticipated. The first steamer
thus secured to the Government was launched in January, 1847. There are
now seven, and in another year there will probably be not less than
seventeen afloat. While this great national advantage is secured, our
social and commercial intercourse is increased and promoted with
Germany, Great Britain, and other parts of Europe, with all the
countries on the west coast of our continent, especially with Oregon and
California, and between the northern and southern sections of the United
States. Considerable revenue may be expected from postages, but the
connected line from New York to Chagres, and thence across the Isthmus
to Oregon, can not fail to exert a beneficial influence, not now to be
estimated, on the interests of the manufactures, commerce, navigation,
and currency of the United States. As an important part of the system,
I recommend to your favorable consideration the establishment of the
proposed line of steamers between New Orleans and Vera Cruz.
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