Alexandria Daily Gazette, Commercial & Political

Yazoo Lands.--By some gentlemen lately from the Muscle Shoals, we learn that some corrupt speculators of the Georgia western lands known by the above name, are inveigling many honest men into their snares and those speculators in particular who own Coxe's pretended purchase. These last have made settlements (in violation of the laws of the United States) near the Muscle Shoals of about four hundred families, who have opened fields, built houses, and assumed the rights of government in their own lands, appointed civil and military officers, and have now began to sell some tracts of lands at four dollars per acre.

If any have adventured innocently we shall pity their fate, unless they return to their country, for we are confident it can be no great while before government will hear of this audacious act, and the almost certain consequence will be that the adventurers will be ruined.

(Nashville paper.)