LATEST INTELLIGENCE BY THR MAILS.

Important from Washington.
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The accounts from the capital are somewhat I'M
portant. We refer to the annexed letter from our
correspondent.


II il be true that Col. Benton intends to bring in
bill for the organization OF an army Of two hun
dred thousand men, and the authorization of war
loan of SI0 900, to prepare the country for any
contingency that may grow out Of the Oregon ques-
ton, the opinions in Europe relative to the United
States will be remarkably curious


This intention on the part OF the Chairman of the
Committee on Military Affairs, will reach England
Immediately after the Message and it must, there
fore, produce tremendous effect on the minds of
men there.


In peace, prepare for war.