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er took possession of the town and burnt it. Both officers and men behaved well, and especially gallant was the conduct of Col. Clarkson, Lieutenant-Colonel Jenkins, Capt. Pate, and others. The Yankee Colonel was taken prisoner, and, being placed on his parole of honor, managed to make his escape on the march. Texas Intelligence. A letter of the 5th, from Austin, Texas, to the Houston Telegraph, says: Our Legislature commenced its session yesterday morning at 11 o'clock, Judge Buckley being elected Speaker without opposition. There is a good deal to be done, it is true, for we have an empty treasury, and our finances are in a woful condition. We cannot effect loans now as in peaceful times. Our United States bonds are not available. Our lands, in my opinion, cannot be made available now, and the only thing I can see, which is a certainty, is taxation, and the people must face the music. I have no doubt ample relief will be extended to our citizens by some