There is a second batch of pacific news from America.
Not that Mr. Polk's Administration is in a more wholesome state; nor has any definite step been publicly taken ; but a proceeding in the Senate promises well. Mr. Colquit had introduced a new version of the resolution authorizing the President to notify the termina- tion of the joint occupancy of the Oregon; but in the new version the President is authorized to postpone the notice at discretion ; and an "earnest desire" is expressed "that the controversy respect- ing limits in the Oregon territory be speedily settled by negotia- tion and compromise, in order to tranquillize the public mind, and to preserve the friendly relations between the two countries." It was expected that this resolution would be carried : at all events it was very favourably entertained.
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