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1 We received last week the American

 Monthly Magazine for May, and the Kniek- erbocker for April. The two works are at the head of American literattre--and either oftliem will well repay the supscription price. It would be to the interest of the latter maga- zine, if its publishers would send it earlier and more regularly. The American Month lly is the most regular work in the country: The Gazette says we have arrived at a wrong conclusion" The Editor of that pa per will find, before hc has been in Arkan- sas long, that he .'has a,'rived ~ c seroag De- ginning

 We have not arrived at a very wrong con clus.on, either, according to our Ordinance, which demands five per centum of all lands sold after the lst of April, 1856.