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The letters of Tuscaloosa correspondent, refers to proceedings in the Legislature, as reported in the Tuscaloosa papers. We have the Monitor of the 9th, and the Flag of the Sth, from which we extract the following items of interest .,iIfltU. The House of Representatives, on motion of Mr. R. C. McAlpm of this county, has called this Branch for information relating to the Sterling cotton bills, alluded to in the Commissioners Report, as having been taken by the Branch last year, ship ments that were not made to Liyerpool-with the of the parties, the names of the President and Directors who agreed to take the Bills, the amount taken, the nat ire of the settlement, the amount and dates of each noie given m settlement, with the secu- ry of each the amount of loss and charges accruns the responsibility of the parties for the amount by property within the State elsewhere; and for an enquiry whether a criminal prosecution wi not lie. The same resolutions call for the bond of the late Prcsdent, and al.o for full md dstailed statement of ali the particulars of every payment or composition of debts iA this Branch, by which real personal estate was taken by the Bank.

 On the lst, Mir. Jcmison oi Tuscaloosa, from the ant Bill to raise revenue from taxation, 'slor the support of the SoScrnipeht. ftpfoposes to resi'e, with slight changes, the law of 1885, which was re- pealed when it was thought the profits of the State Bank would be sufficient to pay the interest on the bonds, provide fund for redeemng the principal, anl maintain the State government besides. The Monitor gives few of it's leading features.

 The bill divides all lands in the State into four classes the first of which shall rate at sl6 per acre; the second at slO; the third at s4, and the last al ssl 25, to be given in oath, and every hundred dollars worth of which there shall be tax of cents; on every 1OO of town lots buildings, cents; -on every $IOO word, of merchandise, foreign or domes- tic, except such as may have been produced or nanu- factured in this State 10 cents; all slaves under ten years of age, cents all over ten and under sixty. 20 cents; on every $1Oo of money loaned ai interest, l2tc. Sc. Sc. The bill is nearly transcript of the act of 1885, raising State tax tue last ts

 This Bill, after soms debate, was ordered to b printed and made the order of the day for Wednes' day, the Sth. The debate was interesting and WI shall find room for part fit, at least. F U

 In reply to Tariff resolutions from Massachusetts