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RED RIVER RAFT.-We perceive by an article in lhe Red River Whig, that Messrs. Vawter & Will liamson have made contract with the government to remove, for the sun of s640OO, the raft of Red River and keep the channel open for five years. In part pay they will receive the snag boat built by Capt. Shreve for operation that rver at the sun of SS,OoO, leaving them 56 900 compensation for their labor. In addition this, they have agreed to make such eut-es in the neighborood of the raft as shall be deemed expedien for the certain continuance of navigation, the price to be paid for which is to be determined by certain number of intelligent cit- zens living in the vicinity of the em-o6s on the part of the contractors one hand, and by U. $. Eng- neer on the part of the government, the other.- This accomplished, the agricultural country that lies above the raft, is brought near to market.

 The contractors are advertising for hands at 1925 per month.