American Republican and Baltimore daily clipper. [volume] (Baltimore, Md.) 1844-1846, 1846-05-06

before rejected. They have raised q
claim to the whole of Oregon, not with any ex
Pectation of acquiring the entire province, but
in order to reconcile US to terms we have be-
fore declared to be madmissible. But the truth
is, that the bare 49th parallel, is to all intcuts
and purposes. the same thing that it was TWEEN
ty years ago.
We minated an opinion some time ago,
that the 49th parallel ought conveniently to
serve as the basis of an arrangement; but it is
clear that such proposal mnst be accompani-
ed with more extensive conditions than those
heretofore annexed to it by the Americans
1t must leave the whole OF Vancouver's Island,
the navigation and harbor of the Straits of
Fuca, the free use of the Columbia and its
northern branches down to the sea, and an in
demnity or compensation to the IIudson's
Bay Company for the posts they would be cal
led upon to surrender. We do not pretend to
point out all the stpulations which it would
be the part OF prudent and Just policy to re-
quire as an equivalent for a concession below
our original claims, and, as we firmly believe
our ust rights. But the cesson of the vacant
soil might be polite aud endurabe, provided
the private rights already long acquired and
enjoyed by British subjects were duly respect
ed; and they must, beyond all question, be pro-
tected by the uttimatum Of England.
Between these two proposals lies the ques-
ton OF peace or War-narrowed as these con-
troverses always are to a small issue; but,
nevertheless, broad enough TO swallow up the
peace of the world. The moderate members
OF the Senate make the 49lh parallel their
"fghting line" President Polk is evidently
more inclined TO lean to the side of resistance
than Of concession; and on our side we can
Nf.all l,gI., ,-t..,
ment TO justify us in any farther departure
from the position assumed long ago by the
British Government, and confirmed by the en-
phatlc declarations Of the Ministers of the
Crown.
Correspondence on the subject, as printed by
order of Parliament
The Fart Of aberdeen 10 Mr., Packenham.
FoREIGN OFFICE, March Sd, 1916.
Sir have much satisfaction in conveying
to you the entire approval by Her Maiesty's
Government of the steps which, as reported in
your despatch of the 29th Of January, you
took, and of the letter which you addressed to
the American Secretary of State, for the pur-
pose of ascertaining clearly and authoritively
whether the United States Government would
be disposed to admit the application Of the
principle of an arbitration i'll the Oregon ques-
had already rejected.
In thus acting, you have, in the most iudici-
Gus and satisfactory manner, anticipated the
instructions which was preparing TO forward
you on this subject.
We have now nothing to do but to await
MIR. Buchanan's reply to your appeal to him,
although | collect from your despatch that
your proposals will certainly be refused
Should that reply, however, be of such ma
ture as to give any ground Of hope that the
matter in dispute may be brought to an AMIGA
bic issue by means of direct negotiation shall
gladly avail myself of such an opening. If not,
it will then be for her Majesty government to
consider what measures it may be eXpedient to
adopt, in order to meet any emergency which
may arise. | am, sc.
(Signed) ABERDEEN.
The Earl Of aberdeen TO Nh Pakenham.
FOREIGN OFEICE, March 8, P. NJ, 1916.
Sir-Since my preceding despatch of this
days date was written, have received your de-
spatch of the 5th Of February, with lis inclo-
sure, by which you put me in possession of the
final rejection by the United States government
Of our proposal OF a reference Of the Oregon
question to arbitration.
There is, OF course, no time before the depar-
ture Of the mail of this evening for the consid-
Grafton Of SO serious a question as that which is
involved in the Presidents decision as now an
nounced. am, SC.
(Signed) ABERDEEN,
The Oregon question continues to be fruit
tul source Of discussion with the British Jour
mails. The speech of Mr.. Webster, and the pro-
prietY OF settling the dispute upon the basis Of
40, were much commented on. The London
Times, by some called the organ Of Lord Aber-
deem, though it is more probably the mouth
piece ofthe Hudson's Bay Company-is as Bit
ter as ever in derdng and opposing the Amer
lean title north of Columbia river, and states
that latitude 49 was as far as the original claim
of the United States extended, and that line
had never been conceded by the British states
men.
Ifconceded now, the Times claims the free
dom of the Columbia, the whole of Vancou-
vers Island and the Straits of Fuca, with full
indemnity to the Hudson Bay Company for re-
signing their posts.
MARKETS..
LONDON MONEY MARKET, April 49, There has not
been any material change since the sailing of the
Great Western. The bill brokers maintain the rates
of discount at from 81 to per cent. There is no
change in bank rates.
LIVERPOOL CorToN MARKET, April l8. The sales
of cotton this day, estimated at 5000 bales, ncu
dlhg loUO on speculation Market STEADY at an au-
vance of to ID. per ID Oh all kinds of American
The sales of the week ending 18th, were 533oO bales
IRON MARKET. There a considerable stir IN
the market. Pig "a l5a4 l0--Bar l0-Railway lOall
per ton.
AMERICAN Provision MARKET. Good inquiries bat
few arrvas-sOck small. From the East the arrivals
! have been large.
CHEESE TRADE. There is little Of Fine English
cheese on hand in the London market. The demand
for middling is not great. The stock Of American is
| small--300 tons,
CORN TRADE. Since the Great Western sailed
there has been an improved demand for wheat and
the prices have risen somewhat, In Liverpool the
com trade is better,
MANUFACTURING DISTRICTS, The latest advice'
are of more favorable character. More business
Mas been doing at Roehdae in the flannel market
but prices better. In Manchester, prices have
4 declined; generally, the prices are dull