The Religious Herald

The Oregon Question.

From the National Intelligencer of Monday.

Many of our readers will have seen, through newspaper correspondence and otherwise, before this paper reaches them, reports of the affirmative action of the Senate on the British proposition for a settlement of the Oregon controversy, submitted to that body for its advice by the President of the United States. We did not learn in any authentic manner, the truth of those reports in time for our paper of Saturday morning; but we now have the pleasure of stating that they were correct, and that the Senate did, on Friday evening last, by a majority of three-fourths of its members present, advise the President to conclude a Convention with England for the adjustment of the Oregon question according to the terms proposed by the Government of Great Britain and laid before the Senate.

If we are rightly informed, this proposition did not consist in general heads merely of arrangement, but was, in effect, the full "draught of a proposed Convention, which draught was assented to by the Senate without alteration. In all probability, therefore, a Treaty conformably thereto will be signed and sent to the Senate to-day or to-morrow.

This result, we doubt not, while it surprises many by its suddenness, will still highly gratify the great majority of just and reasonable men in the country: for it is understood that the general basis of the proposition is to make the forty-ninth parallel of latitude the boundary between the territories of the two countries, from the point on that parallel where the present boundary now terminate, to the middle of the sound or channel which divides Vancouver's Island from the continent, and thence along the middle of that channel, and so Southwardly and Westwardly through the Straits of Fuca to the Pacific; the navigation of this sound or bay to be open to both parties; and the navigation of the Columbia river, up the main stream and up its North branch, to the forty-ninth parallel of latitude, to be free to the Hudson Bay Company and British subjects trading with that Company.