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 The Journal of Commerce states that Mr. Lundy, formerly editor of the Genius of Universal Emancipation, has obtained an extensive grant of land in the State of Ta- mauiipas, Mexico, in fee simple, on condi- ton of his introducing 250 settlers within a ss:'s:s YosssssisT ,5,u,v oi iuuiauiipas, better known as New Santander, lies along the Gulf of Mexico next to Texas. MT. Lundy's object is stated to ha, to fest the advantages of free labor in the culture of sugar, cotton, rice, &c. If this IS bis only object. 1t has already been tested in tho Spanish island of Puerto Rico, in the West indies, where experience proves, that white men, equally with people of color, bon, be- tween the tropics, can work in the fields as well as the natives of Africa, and that free labor, under proper regulations, is cheaper and more advantageous to the planters than that of slaves.-BaA. Ame,lcan.