# Oregon Treaty

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Article I.
From the point on the forty-ninth parallel of north latitude where the boundary laid down in existing treaties and conventions between the United States and Great Britain terminates, the line of boundary between the territories of the United States and those of her Britannic Majesty shall be continued westward along the said forty-ninth parallel of north latitude to the middle of the channel which separates the continent from Vancouver's Island; and thence southerly through the middle of the said channel, and of Fuca's Straits to the Pacific Ocean; provided, however, that the navigation of the whole of the said channel and Straits south ​of the forty-ninth parallel of north latitude remain free and open to both parties.
Article II.
From the point at which the forty-ninth parallel of north latitude shall be found to intersect the great northern branch of the Columbia River, the navigation of the said branch shall be free and open to the Hudson's Bay Company and to all British subjects trading with the same, to the point where the said branch meets the main stream of the Columbia, and thence down the said main stream to the Ocean, with free access into and through the said River or Rivers, it being understood that all the usual portages along the line thus described shall in ​like manner be free and open. In navigating the said River or Rivers, British subjects with their goods and produce, shall be treated on the same footing as citizens of the United States, it being however always understood that nothing in this article shall be construed as preventing, or intended to prevent, the Government of the United States from making any regulations respecting the navigation of the said River or Rivers, not inconsistent with the present Treaty.
In the future appropriation of the territory, south of the forty-ninth parallel of north latitude, as provided in the first article of this Treaty, the possessory rights of the Hudson's ​Bay Company and of all British subjects who may be already in the occupation of land or other property lawfully acquired within the said Territory, shall be respected.
Article IV.
The farms lands and other property of every description belonging to the Puget's Sound Agricultural Company on the north side of the Columbia River shall be confirmed to the said company. In case however the situation of those farms and lands should be considered by the United States to be of public and political importance, and the United States Government should signify a desire to obtain possession of the whole, or of any part ​thereof, the property so required shall be transferred to the said Government, at a proper valuation, to be agreed upon between the parties.
Article V.
The present Treaty shall be ratified by the President of the United States, by and with the advice and consent of the Senate thereof, and by Her Britannic Majesty, and the ratifications shall he exchanged at London, at the expiration of six months from the date hereof, or sooner if possible.
In witness whereof, the respective Plenipotentiaries have signed the same, and have affixed thereto the seals of their arms. ​Done at Washington the fifteenth day of June, in the year of our Lord one thousand eight hundred and forty-six.
James Buchanan
Richard Pakenham. ​And whereas the said treaty has been duly ratified on both parts, and the respective ratifications of the same were exchanged at London, on the seventeenth ultimo, by Louis McLane, Envoy Extraordinary and Minister Plenipotentiary of the United States, and Viscount Palmerston, Her Britannic Majesty's Principal Secretary of State for Foreign Affairs, on the part of their respective Governments. Now, therefore, be it known that I, James K. Polk, President of the United States of America, have caused the said treaty to be made public, to the end that the same, and every clause and article ​thereof, may be observed and fulfilled with good faith by the United States and the citizens thereof.
In witness whereof, I have hereunto set my hand and caused the seal of the United States to be affixed. Done at the city of Washington, this fifth day of August, in the year of our Lord, one thousand eight hundred and forty-six, and of the Independence of the United States the seventy-first.
JAMES K. POLK
By the President,
James Buchanan
Secretary of State.
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