inashinaton CORRESPONDENCE.
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tDasbinoton Correspondence.


The late hour at which our correspondents letter
was received, renders ii necessary to omit large
portion of it. The part omitted, however, is merely
detail of unmportant business, to US considered.


He remarks as follows on the late message Of the
President which it will be seen contains subject mat
Ter of the highest importance.


The message contained the following correspon-
dence upon the Oregon question =


l. A letter from Mr.. Pakenbam of Dec. Sd, con-
tanning proposition for arbitration. with view
10 an equitable division Of tile Oregon Territory.


2. A letter from Nr. Buchanan declining il.
B. letter fIom Mr. Packenham, suggesting
mixed commission Of subjects and citizens ar0i-
rae between the two countries, and in cast of their
finding neither party emitted 10 the SOL then make
an equitable division between the two powers.
A. A letter from Mr. Buchanan declining TO arbi-
irate all upon question of territory, and closing
with the declaration that The United Safes and Great
Britain fully able TO settle all differences be-
tween them, without the inter position of any foreign
power, citizen, or subject.


5. letter from Mr.. Buchanan to our Minister at
London. asking information in relation 10 the warke
preparations of Great Britain, and Mr.. McLanes
opinion of the same.


! g. Mr. McLane's answer informing Mr.. Buchan-
an Of an interview had with Lord Aberdeen-in
which his Lordship stated that these great naval pre-
had been determined upon before oregon
question assumed any thing of war-like aspect
that Lad no rupture been antcplied with the United
Safes, tie preparations would have been made.
He however deemed II due 10 say. that these Prepar
atoms were such would be necessary to be made IN
case Of a rupture with government.
! Mr.. McLane in speaking Of the conversation with
Lord Aberdeen EXPIRE sses his opinion that the prepa-
rations are making with reference to this coun-
try, than mght be inferred from the replies Of Lord
Aberdeen. He says in case of rupture between
this country and England, she Will endeayor to strike
the strongest and blows once, in the hopes
of making the war short one.


The first announcement that the correspondence was
submitted created deep sensation in the House; and
during the reading, the interest in it was intense
Upon the ioer and in the galleries. all hushed
to silence The scratch of the reporters pens could
be distinctly heard.


The correspondence, on motion of Mr.. IngersOll,
was referred to the Committee of the Whole on the
state Of the Union.


/ 1t is now 9i P NJ, and few minutes since, the
House was yet in session. There will be least ten
speeches as the days work After adiourning to-
night there will be but FIVE hours left for speech
es. The vote, you aware, is to be taken at 3
O'Clock on Monday.


adhere to the opinion that the majority for notice
will be large; still it may be, that Mr.. Dromgoole's
substitute may be adopted in the place of the original
notice resolutions strong attempt will be made to
that end and many will yield to it for the purpose of
having a larger maiority-thus showing TO England
more united feeling upon the measure. The only
material variation between the original resolution and
the substitute that the substitute carries along with
the notice declaration of Congress that the act not
intended close the door to compromise, farther
negotiation.


After having read the substance of the correspon-
dence disclosed to-day, and considered its bearing
you will hardly need be told that it is not regarded
here favorable peace The decision of the PreSi-
dent in refusing arbitration, will be approved, am,
confident, by the American people. The tone and
language of the letters of the Secretary of State,
admirably fully sustaining the good opinion formed of
his diplomatic talent from his previous Oregon COR
respondence. Why arbitrate Who should we be
willing to leave question of this nature to What
farmer of your own HIoSier State, would agree to
arbitrdte with an eastern speculator who along
and told him that he owned part of his farm; and
presented no better claim than England has to any
part Of Oregon Agreeing to arbtrate, is conces-
sion of mixed right. 1t would really seem that We
have had quite enough Of arbitration with England.


Yours truly, TIMOLEON.
