The two principal articles of this treaty are as follows.

Art. 1, From the point on the 49th parallel of north latitude, where the boundary laid down in existing treaties and conventions between Great Britain and the United States terminates, the line of boundary between the territories of her Brittannic Majesty and those of the United States shall be continued westward along the 49th parallel of north latitude to the middle of the channel which separates the continent from Vancouver’s Island, and thence southerly through the middle of the said channel, and of Fuca’s Straits, to the Pacific Ocean; provided, however, that the navigation of the said channel and straits, south of the 49th parallel of north latitude, remain free and open to both parties.

Art. 2, From the point at which the 49th parallel of north latitude shall be found to intersect the great Northern branch of the Columbia river, the navigation of the said branch shall be free, and open to the Hudson’s Bay Company, and to all British subjects trading with the same, to the point where the said branch meets the main stream of the Columbia, and thence down the said main stream to the ocean, with free access into and through the said river or rivers—it being understood that all the usual portages along the line thus described, shall in like manner be free and open. In navigating the said river or rivers, British subjects, with their goods and produce, shall be treated on the same footing as citizens of the United States—It being, however, always understood, that nothing in this article shall be construed as preventing, or intended to prevent, the government of the United States from making any regulations respecting the navigation of the said river or rivers, not inconsistent with the present treaty.”

Thus was finally settled (ratifications being afterwards duly exchanged) a question which had involved the two governments in discussions long and wearisome for a series of years, and which, in its progress, was threatening the peace and amity of the two nations. The treaty thus confirmed was not in all its provisions quite acceptable, nor was it considered the most advantageous that could have been negotiated; but the senate received, as it was entitled to, the thanks of the country for terminating a controversy fraught with dangers every month that it continued.

Several important bills were passed during the session, among which was a bill to protect the rights of citizens of the United States residing in Oregon—a bill for the establishment of the Smithsonian Institute, for the Increase and Diffusion of Knowledge among men—a bill re-establishing the sub-treasury—a warehousing bill—a bill for the improvement of certain rivers and harbors withinthe United States—and a bill to indemnify citizens of the United States for French spoilations. The two last of these bills, to the great regret of persons interested therein, as well as many others who desired to see the intents of navigation advanced and protected, and that numerous class of citizens indemnified for losses which they had years since sustained by reason of French depredations, and which, according to agreement, the government of the United States were solemnly bound to pay, were vetoed. Loud complaints were uttered against the President for his course pursued in relation to these bills, which had been discussed with signal ability, and had received the decided sanction of both houses of congress.

Towards the close of the session, a bill for the reduction of the duties on the importation of foreign goods and manufactures, passed the house of representatives by a majority of nineteen votes. In the senate it was carried by the casting vote of the vice-president. To those who were satisfied with the tariff of 1842, the alterations proposed by this bill were strongly condemned. They predicted as a consequence, and one which could not be avoided, the ruin of several important branches of manufactures, while it was exceedingly doubtful whether the revenues arising under this new tariff would suffice for the wants of the government. The Democratic party, however, stood pledged to alter the tariff of 1842, and although the friends of protection for a time cherished hopes that the interests of the manufacturers, and as they believed, the interests of the country, would be regarded; those hopes were dispelled by the action of congress on the subject.

On the 10th of August, at noon, congress brought its long and stirring session to a close. It had lasted for 253 days, or more than two thirds of a year. During few sessions were there ever more important subjects under debate. The results of several measures adopted remain to be seen. But, while it is occasion of congratulation, that our difficulties with Great Britain have been amicably and timely adjusted, it is matter of serious regret, that a war should be continued with Mexico. The final result of this, in regard to Mexico, may, perhaps, not be problematical—but the “end is not yet;” and before that end is reached, the people of the United States may as much regret that it was commenced, as the Mexicans themselves. The American army is at this present time, September, 1846, on its way from Matamoras to Monterey and other points. Santa Anna has superseded Paredes in the government, but what are his wishes in regard to peace have not transpired. Should he decide for war, the Americans can “apparently conquer a peace” only by taking up their march to the “Halls of Montezuma.”


APPENDIX.

CANALS AND RAILROADS.