Washington.
Correspondence of the Herald.1
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WASHINGTON, Nov. 4, lS45.


The Oregon question is at last assuming its pre-
eminent importance, particularly as regards the mo-
mentous issues involved in its settlement. The
Great West proposes its settlement by the twelve
month notice, and the occupation OF the whole ter
rltory in pursuance OF such notice, up to 81 deg 40
mn at all hazards. Mr.. Buchanan, we now firmly
believe, inclined, last SUMNER to recede to that
line which would strike the British boundary east
of the mountains, to wit, the 49th parallel. Mr.
Pakenham has proposed arbitration. A division
has also been proposed, modification of the COM
pact OF 1917 and 1877, with view to future dec-
sion by the sufirages of the settlers None of these
plans will answer, except, perhaps, the first which,
IN resolving the issue OF war at once, would only
hasten that ultimate alternative, which cannot be
escaped, OF the final struggle between the Lion Of
the Old Continent, and the bold Young Eagle of
America. We are ready-and upon this question
we say, as John Quincy Adams said, in reference
to servlle war "a the South-but we hope in diff
ferent splr-"If it comes, let il Gomez And vet
Mr.. Cahoun's plan is more dvsable, lust as Fate,
and probably speedy TO the liquidation of this con-
troversy just et IT stand as it is, but with this ad-
dItlon TO Mr. Cahoun's plan, It Is better still Give
every possible facility and protection, route, of
emgrants TO Oregon. They will settle the ques-
ton. They will define the boundary-hey will give
due notice OF the abrogation OF the treaty OF Joint



alton, when the only trouble that will be left TO Tn
Gle Sam will be to admit them within the shelter of
the Union, to elevate their towns and villages
= The Star Spanged Banner" and proclaim them to
the world as integral part OF the Federal North
American Union from 81 deg 40 min. to line
across from the Pacific due East to strike the
town OF San Antonio de Bexar, in Texas, as the
lines OF our perspective but not extreme extension.
There is no other peaceable way OF settling this
question that we can discover There are radical
objections to, every other plan proposed South.
Carolina, and all the free trade or Revenue Tariff
men, should the question Of peace or war be left to
the decision of Congress, like the opponent OF Sem
pronius. in Catos Council, will all 60 for peace
Because why? War will not only di.proportion-
will cripple her trade to the ruin OF her planters and
planters merchants. And, consequently, though no
American doubts the issue, there are many who
doubt the with John Bull Just at this time.


1t appears to US that this will be more difficult
question TO get through the ensuing Congress-, ac-
cording to DIR. Duhcans bill of the last session, than
a Revenue Tariff OF 20 per cent; for while upon the
latter, the South would have some assistance from
quarters of the Unl0n upon the former, The West,
we suspect, will be left standing alone.


Il is probable that the President, nevertheless,
tionable ttle to the whole OF the territory for it
is reported that orders have been communicated, or
will be, to the various shlpyards to be In readiness
for quick work, for that the Navy Department, be-
fore the expiration OF the next session. may perhaps
require addition to our effective naval marine OF
thirty ships of all If there be any ground tor
this report (and the wish among some OF our naval
officers may be father to thoughlD but II there be
any truth in it, it has awful squirting to The casting
down the guantet of defiance before Sir Robert
Peel. The sentiment of Jackson, that upon this
Oregon question: that there should be 8 no compro-
mise but at the cannon's mouth" will not be With
out lis influence with the President


Next after the knotty question OF the tariff, and
the not less untlabe Gordan knot OF the Oregon dii
Guilty. have the puzzle solve otthe Sub Treasury
This question Is of scarcely inferior Importance TO
either OF the others We expect something OF some
sort, know what


Meantime, the depostes of the Treasury In the
banks OF this District nave been Withdrawn and
further learn that all the dsburslng officers OF the
government having funds in deposle In said banks,
have been ordered to Withdraw them. This will
leave them without charter and without cash, and
what is to be the result we don't know We sup
pose that our business men will nave to rely upon
Ward " King, and others, of New York, for their
small loans As MIR. Van Buren once said, 1--WE are
in devil of bad box'