New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1846-02-10

tons that might be adduced ia conclusive on mind Of
the President against reference OF this question 10 arol
tration in any form Which be devised no mater
may be the character OF the aroitrator-wheiher
sovereign citizen subject.
This reason is tina. he does not believe the territorial
rishs of this nation to be proper suoject Tor hroIa
ton may thai, under peculiar circumstances
il the interests stake comparatively small and
if both parties stood upon an equal footing lfeie M Ut
be no nsuperable objection 10 such course
But wha is the of territory IN dispute on me
present occasonf Il embraces nearly thirteen degrees
of latitude along North coast OF the PACING and
stretches eastward the summit Of the Rocky mount
aus Within its limits general powerful! and prosperous
States OF the Union may be embraced
Ii lies contiguous on this continent 10 the acknow-
lodged territory OF United States and is destined at
no distant day. TO be peOped ny our cltlzens
This territory presents avenue through ~hcn TIE
commerce. uf our Western States be probably con
Quoted with Asia and the Western coasts Of THIS CONT
uent and lis ports the only herbors belonging to the
United which numerous whaers ana other
vessels IN that resiOn Can resort
And vet vast as are is dimensions it contains not b
single safe and commodious haroor from US Southerh
extremity Unit, ue approach the 49th parallel OF latitude
Its far from the intention OF the undersigned again 10
open the discussion of the conflicting claims Of the TWO
powers 10 the Oregon territory.
IL is sufficient Tor him 10 state tire continued convlc-
ton OF the President that tine United States nod the best
title in existence the whole OF this territory
Under this conviction, ne cannot consent TO leopard
for his country all the interests Involved and by
any possibility however remoteto deprive the Republic
OF all the good har5ors on the coast by referring the
question TO arbitration.
Neither is the territory in dispute Of equal! or nearly
equal value to the two powers While 1t Is invauaoe
to the United States is OF comparatively small mpor-
lance TO Great Britain. $780,
To her Oregon would be but distant colonial posses
sion of doubtful value and which from the natural pro-
press of human events, would not probably long
enough enjoy 20 derive from it essential benefts While
10 the United States il would become integral and es-
sen,ial portion of the Republic
The gain to Great Britain she would never sensioly
feel while the loss TO the United States would be IRE
parable. ,
The undersigned perfectly that such consider
atoms nave bearing upon the question OF the he
of either party. ,-,-
They are presented solely for the purpose OF explain
ing the views of President in his refusal 10 adopt any
measure which shou withdraw title from the con-
troll OF the Government and People OF the United states
aud place it within the jurisdiction OF any Arbitrator no
matter how intelligent and respectable
The President cordially concurs with the Government
of Great Britain in desiring hat the controversy may be
arnicaby adjusted or this he has given the strongest
proof before the whole world.
He believes that there are no two nations on the
earth more closely bound together by the tie OF com
MERGE 30 there are who ought 10 be more abe or
willing 10 each other justice, without the nterposuon
of any arbitrator.
The undersigned avas himself Of this occasion 70 re-
new to Mr. Pakenham the assurance of his high con-
sheraton JAMES BUCHANAN.
Right Honorable RICHARD PAKENHAM, &c. &c. &c