Naval force on the Lakes

Naval force on the Lakes.--It has been published, that the British are dismantling their vessels on the Lakes. This, we learn from good authority, is in pursuance of a mutual understanding between the American and British governments, that neither power shall retain more than two revenue cutters, of two guns each, on either Lake, in service; and that six months notice shall be given by either, of an intention to augment this force.

In this arrangement the interests of the two governments are mutually promoted--and many occasions of collision and jealousy avoided. It saves a great expense to both; and is, besides, an evidence of confidence and good will which it is the interest of both to promote.--Arg.