1t will be recollected, that short time since, publication appeared in the .Nens- Fhis .Aduocate, charging our Territory with being an asylum for the protection of Couate5eiters. Such charge, even at this late period, we cannot, by our siiesce, so far subscribe to, as to let 1t pass aaaoticed. This charge, so highly disreputable to the character of Arkansas, was uttered by one who is known to be hostile to her promo tion, and who, at the time he gave 1t utter ance, knew it to be untrue.

 Like imputations have frequently been cast upon the character and standing of Arkansas, and we regret to say, nave never been properly met, and hurled back on those from whence they emanated. s That such connection of counterfeit CTS did exist, and for aught we know, do now exist, we do not for moment pre- tend to doubt-but that they were locat- ed on the Arkansas side of the Missis- slppi, we do most solemnly deny.

 The counterfeiters, as they are termed, i, while engaged in swIndiing the unsuspect- ing traders on the Mississippi, soere citixens efthe Western District. This fact must have been known to the iatelhge4t Editor ofthe Memphis Advocate; but in order to save his State from the odium of so nefari- ous transaction, he palms tupon sArkon- -sas.

 In asserting that they were residents <of Tennessee, we are sustained by proof, which, if necessary, we will at future

 lay, lay before the public.