[An American correspondent sends us the following interesting picture of life in the agricultural districts of Alabama]: DURING the fifteen years of my residence here settlers have multiplied twenty to one, chiefly from the adjacent State of Georgia, and of late Northern companies have bought up on speculation all land that was for sale. The process is to offer the farmer a few dollars for the option of buying his place within a specified time. When a large enough tract has been thus hypothecated, the agent advertises it for sale in the North. The booming is done with, by, and for Northern capitalists. The fertility of the soil and advantages of climate are praised to the skies, whereas time truth is that except in the valleys, which are ag... (From : AnarchyArchives.)