The New York herald., 1846-06-03

ture especially as regards California which could not be
accomplished without seriously affecting the commercial
and maritime interests of both countries Meanwhile
however, agree with the Times that in proportion
the restless policy Of the American government be-
upon immediate and equitable usmsnt Of that
question which directly regards ourselvcs"'
[From the London Chronicle. May l5l
The object Of giving the notice is
declared TO be the promotion Of amicable settlement
and tho responsibility Of giving it is still thrown upon
the President by tho of the words at his discre-
tom
Whatever may be the character or bearings Of this
act, regarded by ITSELF cannot refuse to give credit
to the declarations Of desire for peace by which the
form, is in triumph Of that party In the
American Legislature which is favorable to eace The
notice was originally is observed by Washington
correspondent the measure of the party, but tho
course Of events has transferred il into the hands Of their
opponents and comes to us with the support Of
Webster and Calhoun and in spite Of the opposition Of
Allen and Cass. Mr. Polk indeed, upon whose invita-
ton the Legislature took the subject cannot be sup
posed to have seriously contemplated the result
Of terminating the convention lie prepared for
war, and would be plunged into inextricabe cmbarrss
ment by the occurrence Of such an event but ha
thought possible to excite the fears Of Great Bri
tan and to compel her to negotiate at disadvantage
ance of hostile the better: II playing
desperate game to stake the peace Of the world upon
demonstration which could only be successful by tho
blunderng or the pusllannity Of English Govern
ment but such gambling is part Of the system Of Amsri
can politics. Mr. Polk, however has not obtained what
when it ran most furoasly and resisting it with skill
rather than force opportunity offered has contrivcd
which 20 far strip it OF its menacing character, and
thereby of what first recommended 1t for adoption. II
we were to be governed therefore, solely by consdsra
tons Of the motives OF American parties might
cep the measure just adopted by the American Legis
ture as the indication of desire to preserve peace
The fact however is one Of which the character can
not be termined by these considerations The notice
to terminate the Of joint either has
movements Of American parties il may have been Pre-
ceded the event one OF the utmost avy We are at
once called upon to contemplate the possibility Of the CON
having succeeded in efectng permanent settlement
We see that the United States is thinking of and
American Jurisdiction the Oregon territory has
passed the House of Representative and now pending
In the Senate II is under such that Great
Britain is expected to volunteer renewal Of negot
atoms and to declare her readiness to make far greater
concessions than she has yet offered Can she do We
will not ask whether such is consistent with the
national honor. II is enough TO inquire whether upon
the narrowest calculation it's prudent. -
The northeastern boundary was settled upon the prin-
however, is fallacy Peace cannot be purchased BY
raj enough in the Ashburon treaty, but our Nberalty
has not done much good The continuance Of peace
it is impossible not to that the ncessions made
to America upon the northeastern question have been
main MAJ cause Of the unreasonable claims sdysnced
on late occasion. triumphanly proved. surrendered
large advantages in the former case The very poPu
lar and very Legitimate inference s that by proper
management she can be got to do the same thing
again. Let England countenance this inference
Let her show that in the west we'll In tho east.
she will for peace sake yield unjust claims Let her
supply every American demagogue with new Mct to
that sns % h n,S needs nothing Ing
down to any point Of concession that may be desired;
and will she, after all this have secured Peacel Far
from it. She will still havea common frontier Of some
thousands Of miles with this powerful neghbor to whose
aggressive ambition she win have supplied the sharpss
and every one, it arises will occasion unma-
nageable popular excitement which will again require
to be aayea oy Enga concession snd an q - Length % thus %
stand which, made at the beginning, would have saved
a world Of mischief 4A3
From the French papers To May l6.l
desire maintain peace and to facilitate arrangement,
the Presss. the Courier Franeas &C. that 1t very
it amounted to nohing-hat it iet the dispute whore
wasthat war was just probable as had ever been;
and good deal more Of the same IN nature IT, IN sub.s
would certainly not bate inch Of the extreme prstsn
sions of Mr. Polk and that, If England did not give in.
land would be to make every sacrifce-that she
would abandon Oregon -intereSts-honor-an, sooner
The Presse Of the principal daily newspapers has
lately published letter OF several columns length, Civ
ing an account Of the latest proceedings he Oregon
question, and full of speculaons what will happen
and what will not The epistle contains noth ,g new
either in information in opinon but the writer says
House Of Representatives. and that consequently. mo-
thing at all will be done this with respect the
will that it has occasioned. Another Newspaper says
that the democratic party viii be keepup the Ore
Ensns % on
settled one way or another.
The Journal des Debats Of the 18th ult. contains
leading article admirably calculated aay the warlke
heat OF Mr.. President Polk on the Oregon matter for
it must destroy all hope that he may have entertained
of French sympathy should he pick quarrel with this
country. Our talented contemporary after just and
fair appreciation Of the motives and disposition OF that
There is every reason for believing that after ALL Mr.
Polk will not in respect trouble the repose Of the
worldn
The principal topic of the day was however the In
telligence from America received in Paris on Wednes
day evening by extraordinary express On the bour.s,
London money market Of Thursday in the face Of
SO reassuring This was sought to be removed BY the
until after tho close OF business on tho stock exchange
but the bears continued to keep down prices BY unsvor
able rumors respecting the chances Of Sir Robert Peel
On the Oregon question the universal belisf in Paris
continued to be that there would be war; and from
Times Of Monday last it would that the weakness
of the American navy and It's inadequacy to contest
turns we then published had gone far towards cOn-
ing that impression The remarks OF the Journal
de, Dsbais on the policy and proceedings Of President
Polk have been made the subject OF new attack ON that
paper by the National.
tParis Letter, May le, in wlmers Timesl
An arrival at Hayre brought Of the vote Oh
the Senate the Oregon question: before reached you
in England. The created remarkably little sensar
ton considering its momenous imporance I his was
undoubtedly owing the fact that the vote Of the de-
nunciation Of the treaty clearly orsoesn. and that
no belief entertained that the Senate would
tho offensive and warlAe vote of the lower
House SO large majority. however. in favor Of .
peace vote, may call Il, was curtainly not cacq
lated upon. A mere majority of three or rlr was all
that expected The effect ofth news was 10 conhm
the conviction that hos all along been entertained In this
country by Of sense that war wiz not wake place be-
tween Great Britain and the VI 6atcA this misersblv
wretched dispute about oregon On the Bovs-that I'M
failing barometer Of public opnionhe funds mme
datcy.on the ary Of the Havre newspapers with the
intelligence and though prudent men deemed It wise TO
wait the effect IL would occasion In London, fur
guence OF it, The newspapers too, Of I'll the great par
tes united in viewing the vote certain pledge Of the
maintenance Of peace. Among the commercial people Of
this city there very general desire that should 10
settled without delay 1t causes inqustudc and inquic
tude is Injurious to commerce. II is moreover am0st
every week made the cause Of alarming rumors on ne
Bourse which depress prices Some OF these
stupid but timd people, tnc
part Of Frenchmen Of business are very umaLnany c
dit them Just before the receipt Of me in.egence o.