THE OREGON NEGOTIATION.
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The communication of confidential nature made
by the President of the United States to the Senate,
whatever may be its precise character--now known
to refer to the controversy between the United States
and Great Britain concerning the Northwestern
boundary lineis yet before the Senate, and is de-
bated, OF course, with closed doors.


We have already had occasion to say that the
confidential nature of that communication puts it
out of our power to state the particulars of it.
Were we even acquainted with them, we, perma-
nenty posted here, should feel ourselves debarred,
by the confidential manner in which such informa-
ton must have been acquired, from placing it be-
fore our readers. Gentlemen in this city who cor
respond with distant papers differently situated,
and justly feel themselves at liberty to communi-
cate, TO the journals for which they write, any in
formation which they collect from sources in
which they con6de, though it may be not either Of
fetal or direct.


We have seen numerous letters from this place
in the Baltimore, Philadelphia, and New York pa
pers, stating a great deal more than we know OF
the contents of the Presidents Message above re-
ferred to. DESTROYS that our readers shall have
some information upon matter respecting which
others know SO much, we have selected for their
information the following, which gives probably as
correct an account of what is before the Senate in
secret session any letter that has been written


connEsrospEscE "rnE NORTH AMERICAN"


WAsnrSeroS, JUNE l0-74 p. M.


The Presidents message, communicated the Senate
day. contains protocols of the conferences between Mr. PAX
and BUCHANAN reference the adjustment Of the
Oregon controversy From the strict injunction imposed
the members of the Senate and from the which
received such information possess, regret it is not in my
refer the and character of the message
explicitly could desire | can, however, give general
outline sufficient for all purposes Of public information. In
my letter of Sunday last mentioned the interviews that had
occurred in reference to this subject between the unconares
Of the Governments, and named the general features To
wit the 49th paraethe free navigation Of the Coumbia
river during the charter Of the Hudson Bay Company which
expires in 1858, and its e-charer if should be given
Vancouvers Island and right through the Straits
of Fuca.


Mr.. PAKENHAM's power of settlement is conditional
the Senate will approve of the proposition stands then
he is authorized go and complete treaty without fur
ther instructions from the Home Government If not and
any important amendment inserted be referred back
again. Great Britain will consent to abandon the
ygaion Of the Columbia river entirely From the evidence
submitted in the Senate is possible she might consent
stipulation of years regard to the possessoy rights The
British Government takes the ground that upon considerations
Of national prde well from good faith towards her sub
jects they cannot be surrendered without remuneration
is left OPTIONAL however, with the United States to take then
fair valuation, and whenever may he most acceptable
and convenient There letter among the papers from
Mr. McLASE, which induced the authorities here to expec
available than have been submitted. He seems
to have Inexperienced some points.


Should the SENATE refuse to advise the most alarming
visible in the future Mr. Polk has said
enough his message convince that chamber that unless
they pursue this course immediate alternative Of adj
ment is left OPEN


The do not embrace any thing that has not at
time or other been offered Great Britain by the United
States.


There was rumor in the street last night that
the Senate had advised the President to accept the
proposition above referred to, by vote of 3s to IL