The Oregon Bill.
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The chief features of the bill were set forth
some time since by our Washington correspondent,
but the prominence which the whole subject is
now assuming may we'll warrant a recapitulation
of them.


In the first place, them the whole country of the
Oregon, lying between the AID and 54th degrees,
North LATITUDE, including the entire space now
subject by treaty with England TO the JOINT occupa-
ton of both countries, is TO be embraced in the ter
riterial organization proposed by the bill. A Co
vernon is TO be appointed for five years, and Sec
retary for the same pe-Iod also Judge of the
Conr 8; and a record of the proceedings of these
functonares is to be transmitted to Washington
every six months.


1t is further provided, that the Governor may
mark of the territory into districts and enforce all
necessary regulations to render the militia of the
territory efficient.


When there are FIVE thousand inhabitants over
twenty.one years of age, they shall have power to
form Territorial Legislature.


The President is required by the bill to erect
stockade forts in the territory TO the number of
five. from some point the Missouri river, and
on the most practicable route to the south pass in
the Rocky Mountains. He is also required 10 erect
Notifications at or near the mouth Of the Columbia
river.


Every settler in the colonv of eighteen years of
age and upwards is 10 have $40 acres Of land il he
will cultivate the same for Eve c0nse cutive wears.
If married man, his wife shall have l6O acres;
and the father shall have the same for each Of his
children under eighteen years OF age