ft?* The Washmgrnn correspondent of the N. Y. (Commercial Advertiser, dated Juno 19thj says : “The President said toa Senator, on Wednesday evening, that Mr. Me-Lane announced in Jiis recent despatches the important fact that tho proposition forwarded to Sir. Paltcnhani, j lbr the settlement of the Oregon question,| was agreed to by Her Majesty's Privy : Council, by a biiro m rjority of 07tc Sir PwObert Peel being one of the minorily. Air. Me Lane further expresses the opinionthat if the news of the war wilh Mexico had been received in England before the proposal was despatched to Mr. Palten-ham, it would nothuvo been mndc.5Military Election.—According lo a requisition from the Adjutant General, a Military Election was held at the Capitol, in this town, on the 18th ult., and resulted in the election of the following gentlemen, viz For Colonel, George 11. O. Floyd : for Lieut. Colonel, Ira W Bird; and Major, Peter. W. Matts.