The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-04-06

week previous exhibits decline In Mohawk Of 3 psi
cent Farmers' Loan, Norwich and Worcester, 81
Ohio g. Pennsylvania 6s, Reading Railroad. u
and Morris Canal l; and an improvement in Long Islan
Of Harlem, ! Canton, t, vicksburg, J. Compared
with prices current in the middle Of the week. every
stock in the list has fallen of. except vicksbury
We are In the midst Of stirring times and are surf
rounded with events of the most important charact
We look forward the result Of the various political
movements which from time to time transpirs. WITH
the greatest anxiety. We cannot anticipate . very
speedy settlement Of the difficulties exsting in oul
foreign relation We do not look for q satisfactory
compromise of the points at issue regarding the Ors
gon territory. It by NJ means follows that the scI
ton Of the Senate will alsy the excitement which h
been created that the matter will be any ss
Element than It Is at this moment II IL question whs
Their the compromise resolutions, which the sennte will
wit bout doubt pass will not tend to keep this questo
open for months and perhaps years The difference In
opinion in relation to this matter existing between the
different branches Of the government will prevent q
speedy settlement the interests Of the world -
qure. and perhaps keep open and In continual stats
of agitation until 1t becomes very important and
prominent element in local elections. 1t may nol
be doing justice TO all the leaders in this affair." in bos
houses of Congress. to attribute the delay TO dispos
ton carry forward Pes;sis-i osmPaiyns but
certainly appear, that many Of the valiant leaders
hib such intentions So long this object IL in vsw
long Legislation carried with such motives
there be amicabe arrangement Of the question
no immediate settlement of the difficulties.
The debate upon this matter in the Senate, assures n
that compromised compromise il made at all-wilI
be submitted to the part Of government short q
the l9h parallel rsssrving for exclusive benefit
navigation Of the Columbia river. This viii be th(
most liberal compromise and the most satisfactory sst
Element our government accept or propose. Now,
view of this fact what probability there Of such
ngement being scceded to the part Of Great Britain
At present, mono; and como TO the conclusion thu
the refusal the part Of the British Minister Of the ole
made by Mr. Polk after his accession to once, wei
sincere and not for the purpose of forcing from Us
ter OFFER then We must believe that sim liar ofsr mad
again, would meet with similar fate. We car draw nj
inference from the remarks of Sir Robert PEEL In rs
ton to the pursued by Mr. Pakenham. In not "a
hitting that Jfsr to his government They may mss
something nothDgths parties int rested undsrstaz
each other perfectly we'll We consider it dplomsd
movement OF great consequence Ia any way, unlss
our Legislators It Washington intend being governed
the wishes Of the British Ministry and the British Parli
ment It may be construed, by the compromise part
into an indirect admission that II the offer had not be-
80 promptly and peremrtoriy refused, II might hav
been more favorably entertained by the government s
have been made the basis Of compromise satisactory
both countries. s refusal deprived the British mini
try Of any advantage 1t might have been to them In
ture negotiations and served to commit the Brsh go
eminent still deeper in their pretsn sions to tsrrito
south Of the 4oth degree Of latitude.
Three times has the government Of Great Britain 8
fused 90 many offers made BY the United States to
cably settle this question: within the past twenty year
three times arbitration has been proposed by the Bri
- a. A. ls.S ~fn~
was a. decided and positive a. that Of the 10th
gree BY Mr.. Pakenham; and If We may Judge from
circumstances connected with EACH neither can be
vivsd; neither be accepted, and the question,
cabiy settled, must be settled in other way Ii
arbitration, and upon other basis than the fort
ninth degree Of latitude We wish to be understood
merely drawing conclusions from certain premises
as results which cannot be avoided. for have gre
faith in an amicable arrangement OF this question,
spite Of the numerous difficulties with which II 10
present surrounded.
Great Britain refused to ssttls the boundaries
the North Western territory upon q basis which q
has since sgniaed willingness TO accept, again on
ed. That government has endeavored to prove that
line she refused IL in fact the only line she
arrange the boundary upon; that BY every treaty.
in existence, her rights to that parallel distinct
defined Although the line she now contends for, b
once been reused no other OF less liberal nature
been for moment entertained and we have no groun
to base belief that Lees liberal offer will now be
cepssd. The navigation Of the Columbis river 10,
has been, sise qsd with the government Of Orr
Britain, and that claim has never been relinquishs
We have NO reason suppose that II will be now. II
compromise. therefore, talked Of in the Senate does
como down to the line nxed upon by England, and n
the opinion Of many that any contemplated concesso
part, will only tend TO strengthen the positi
taken BY Great britain. 10 claiming the navigation
the Columbia river and all the territory north of u
outlet Should such be the effect Of the delay exps
enced In bringing this question into some shape IN
Senate, We shall be as far from amicable settlsmd
as ever; end the 6y four forty party will have the
dit at least Of constituency and regard for the hon
and interest Of the country greater than that Of the
promise party.
discriminating these things, We cannot resist
impression that war between tho United States
Great Britain, 10 entirely out Of the question. The
countries are 90 intimately connected In ell their co
msrcial relations, that rupture between them wo1
result In consequences ruinous to the citizens Of 90
and to the world at large.
To give some idsa Of The trade between the ~
countries N " ssgs srtiols Of sstsee, within ~