In the Atlantic Ocean, off the north-eastern shore of Accomac, lies a long and sandy island known by the name of Assateague. The distance from one extremity to the other is perhaps ten miles, and in reaching it you have to cross a bay that is perhaps eight miles wide. At the present time, there are only four families residing upon the island, one of them having charge of the lighthouse, the remaining three being devoted to the fishing business. From time immemorial it has been famous for its luxuriant grass, and from the period of the Revolution down to the year 1800 supplied an immense number of wild horses with food. When these animals were first introduced upon the island has not been ascertained, but it is said that they were the most abundant about half a century ago. At that period there was a kind of stock company in existence, composed principally of the wealthier planters residing on the main shore. The animals were of the pony breed, but generally beautifully formed and very fleet; of a deep black color, and with remarkably long tails and manes. They lived and multiplied upon the island without the least care from the hand of man, and, though feeding entirely on the grass of the salt meadows, they were in good condition throughout the year. They were employed by their owners, to a considerable extent, for purposes of agriculture, but the finer specimens were kept or disposed of as pets for the use of ladies and children. The prices which they commanded on the island varied from ten to twenty dollars, but by the time a handsome animal could reach New York or New Orleans, he was likely to command one hundred and fifty or two hundred dollars.