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issue of their mission, the commissioners returned to this city on the thirteenth instant, and at once entered into negotiations, the revelation of which herewith follows.

It will be seen, by document marked C, the commissioners, through a public meeting held at Oregon City on the night of the thirteenth instant, addressed the merchants and citizens of Oregon, at which meeting, from citizens general^, a loan of about one thousand dollars was effected.

Document marked D will show the correspondence on the part of the commissioners with Rev. Mr. Roberts, superintendent of the Oregon mission. The negotiations are not yet concluded entirely, yet the commissioners feel safe in reporting a loan from this source of one thousand dollars.

The commissioners are happy to state that they have succeeded in negotiating a loan of one thousand six hundred dollars from the merchants of Oregon City, with, perhaps, a likelihood of further advance. The commissioners feel well assured, from the interest manifested by our fellow-citizens in the matter, and prompt action they have proposed to take in several counties in the territory to assist the commissioners in the successful discharge of their duties, that the government will ultimately succeed in negotiating an amount adequate to the present emergency of affairs. The commis sioners would beg your honorable body, with as little delay as possible, to appoint appraisers, whose duty it shall be to set a cash value upon produce and other property, which may be converted into means to assist the government in its present operations. Therefore, gentlemen, as we believe we can no longer be useful to our fellow-citizens as a board, we hope to be permitted to resign our trust into the hands of the proper accounting officers of this govern ment. JESSE APPLEGATE.

A. Li. LOVEJOY. GEO. L. CURRY.

The resignation of the first board of loan commissioners was accepted, and a resolution of thanks adopted by the leg islature. A second board was appointed on the twentieth, consisting of A. L. Lovejoy, Hugh Burns, and W. H. Will- son, who remained in office until the close of the war.

Equipping a regiment for ten months in the field, with a credit of less than five thousand dollars, but a small part of which was in cash, was what the Oregon colonists were now committed to. The loans, excepting the minimum of money, were drawn on wheat ( the currency of the country ), provisions of all kinds, arms, ammunition, leather, cloth-