The Sun.
London, England, 1846-03-27 00:00:00

OREGON;

(From the Washington—CoVeZpendent of the New York
Couri4 and Inuit or of March 5.)
In the Senate on the 2d of March, Mr. Aitchison, from
the Committee on Military Affairs, reported a Bill to or-
ganize and equip the militia in Oregon.
Mr: Dayton submitted a resolution that the Secretary of
the Navy inform the Senate if, in his opinion, the circum-
stances of our foreign relations be such as to require an
incttased naval force; and what these circumstances are.

Lies over.
Mr. Semple presented resolutions of the Legislature of Illi-
nois, instructing their senators, &0., in regard to the "whole

of Oregoti.”
Mr. Hannegan moved the special order.
Mr. Breese then addressed the Senate at great length upon
the Oregon question, going over the welt-beaten track of
title. The Executive, he said, had done his duty—the
House theirs—and it remained fur the Senate alone
to act. AU further negotiation, unless such as might
be necessary to secure toe Hudson's Bay Company from
the injury they would sustain by the sudden interruption of
their trade, he utterly opposed. To arbitration he urged
what he considered one fatal objection,viz., that there was no
power to make any award by arbitrament binding upon the
parties. He concluded by examining, and contrasting the
capacities of the two nations, Great Britain aed the United
States, for war, and deduced a favourable comparison for his
owe-country.
Mr. Dayton next took the floor.
The Senate adjourned.
On the 3d, in the Senate, the Presiding Officer laid before
this Chamber a communication from the Secretary of the
.Navy giving a statement of the naval forces of the different
nations of the earth.
Mr. J. M. Clayton, submitted a resolution, calling on the
President to communicate to the Senate copies of any cor-
respondence on the Oregon subject that may have passed
between this Government and that of Great Britain since
the last made public ; or so much of the same as may not
be incompatible with the public interest. Lies over.
Mr. Dayton's resolution, calling on tne President to know
if he deemed an increase of naval force necessary at this
time, and for what reasons, coming up for consideration,
Mr. Sevier requested the Senator for New Jersey not to press
it at once, but let it lie for a day or two, and Mr. Dayton
acquiesced.
'the special order was resumed.
Mr. Dayton addressed the Senate for about two hours,
in a speech characterised by all that fitness of reason-
ing, and erace of diction, which invariably marks this
g,ntleman's style. He regretted the want of a pre-
cise point in the discussion now going on, which he
said had began, and he fared would end, with gene-
ralities. But were he as anxious for the acquisition of all
of Oregon as some senators on the other side, he would
make a precise point, and it should be this—that, instead
of seeing an immediate issue to the Oregon question, with a
sort of seeking gallantry, nothing should be done. He would
meet Great Britain upon her own ground, when she said that
occupancy alone could confer a title to the territory. Our ci-
tizens were pouring in there in the proportion of 100 to 1
of hers.. lot tad he apprehend that danger from collision
to which the senator' from Missouri (Mr. Benton) had
referred, and somewhat hap' ily illustrated by citing
the patriarchs of old: there was room and range enough for
the flocks and herds of all the shepherds, and need be no
strife among them. Mr. Dayton then reviewed the negotia-
tion-, and affirmed that, with all the irrefragable facts and
arguments adduced, no new light had been shed upon the
controversy; it was the sante old story which had been re-
peated by all the negotiators for these twenty years.
He conceded to our negotiator (Mr. Buchanan) un-
questioned abilities, and excused the insufficiency of
his objections to arbitration on the ground that
the subject admitted of no better. On this point, he
expressed a fear that -the civilised world would view our
course as evasive and unsatisfactory. He next passed to
Mr. Breese's speech of yesterday, and shoived the futility of
so many of the premises and deductions of tbe Illinois senator
as fairly compelled this gentlemen to blush. Some of his
(Mr. tr.'s) calculations, one with respect to the capacities of
the two countries for war, the readiness with which our
packet-ships could be' converted into men-of war, &e., he
proved to be idle—utterly idle. Among other things,
Mr. B. had asked why, if Great Britain had a sincere,
cosfidence in her title to Oreg,n, she had stood by
with folded arms while our negotiation proceeded
with Russia? Mr. Dayton replied to this, " that the Senator
from Illinois was mistaken in the fact ;" and he proposed to
read from a Senate document of the 18th Congress, from
which the injunction of secrecy had not been removed, to
trove this position. He believed it not improper to do so, as
Its. proposed only to read so much as was known to the Eng-
lish Government.
Mr. Webster here turned in his seat, and asked how, if it,
the injunction of sectesy, had not been removed, he obtained
the document ?
Mr. Dayton answered that it had been published for the
use of the Senate, and he got it from the room of the Secre-

tare.
(fere there was some sensation, and a variety of under-
tone Opinions expressed—some desirous of having the ex-
tract read, and others opposing the same.
Mr. Sevier objected to the reading, and the Chair was
understood as sustaining the objection.
Mr. Dayton cheerfully waived the design, and stated
what he would have read would show most conclusively
that Great Britain was not silent' apon that occasion,
but keenly watchful cf her -interests. Towards the
conclusion df his remarks, Mr. Denton adverted to the
rumour whicn lad given currency, that this question was
to be ultimately settled by the surrender of certain equiva-
lent advantages io our adversary., He did not mean to say
that this was so, but some movements certainly seemed to
corroborate it. Once, it was a pertinent question in Eng-
lwild—" Who reads an American book ?" Now, however, it
appeared that erne of our documents furnished the very
pabulum of the British House of Lords.—(Loud laughter.)
It was a general impression that war, and a war party, was
popular in thi: country. This was true of th • wars in which
we had been engaged, for each and all of them were wars for
principle, and Lot for property. 011 this point he feared not
to trust the good sense and feeling of the people—the needle
of public feeling might vibrate doubtfully at first, but it
would settle at last tremulously, but truly to the North.
Mr. Haywood, says the New York Courier, will speak to-
morrow, and it is understood that, among other things, ha
will take the ground that Mr. Polk will take 49, if it shall be
tendtrt dby Great Britain. His position will be important,
as he will endeavour to present the views of the President.
MONEY MARKE
31aRcii 4.—A1l was bright to -day and active at the Stock
Board. Not or,lv were prices better, but operations were
extensive, and there was a general feeling of confidence.
The later news from England to-day by the Toronto was not
generally circulated during business hours, and therefore had
ittle or no effect.
SALES AT 'THE STOCK EXCHANGE.
$6,000 U. S. 6's ...1 July 110
1,000 U. S. s's • m •.. ... 100
1,500 Ohio 6's
5,000 Penna. s's I
. .
11,000 Reading Bonds
12 Shares City Bank ...
20 Do. Leather Bank ...
100 Do. Vicksburg
80 Do. Farm Loan ..•
250 Do. East Boston •••
125 Do. Morris Canal
150 Do. Canton Co.
100 Do. Harlem .., •••
50 Do. Long Island
100 Do. Nor. and Wor.
50 Do. Reading R.
25 Do. Mohawk ...

... a3O

104%

27%

▪ ... 371/
b3O 54
▪ s 3 45
• blO 64%
... 68%
51%

Reform Club on Wednesday. We understand it was determined that
upon the molion being made for reading the Coercion Bill a first time,
rst stage of the Bill
The meeting of the Irish Members was held...at the
an amendment will be moved topostpone the 11
until after the passing of the Corn Bill.
GERMAN EMIGRANTS TO A lIIERICA.—The streets and
quays of Havre are crowded for the last few days with great numbers
of Germans, and their wives and families, emigrating to America.
The Rotterdam steamer, that sailed from }WIC two days back, took
no less than 440 German emigrants to New York.
DREADFUL A Cei DENT —FOUR PERSONS DROWNED
—On the evening of the• 11th instant, as a party of people from
Knoydart were returning
from Airsaig (where they had been making
purchases), their boat struck on a sunk rock. There were nine per-
sons on b,-qtrd, and the 's,,rieks of the party on discovering their
dangerous situation were fortunately heard by a lady at blorar
House, In Airsaig. A boat was instantly launched and the servants
proceeded to render assistance, but before they had reached tne spot
four persons—two men and two women - had found a watery grave.
Other two.men had succeeded in effecting a landing, but three more
were drifting with the boat, sometimes clinging 'to the keel, and at
other times getting into it when the boat righted, and sitting up to
the neck in water with the waves every moment dashing over them.
These men were quite exhausted, but being carried to Morar House,
and proper restoratives applied, they recovered.—lnverness Courier.
The execution of Hubbard, the man convicted of the
murder of his wife at Leicester, is Axed for the lot of April.