CORNPLANTER "very well knew," says Mr. STONE, in his life of RED JACKET, that by assenting to the large cessions of territory exacted by the treaty, he was jeopardizing his popularity with his people. But if others had not, he had the sagacity to perceive, that although he and his people had served the crown of Great Britain with all fidelity, they had nevertheless been abandoned to their fate by their more powerful ally, and the alternative was presented to them of giving up as much of their territory as the United States demanded, or of yielding the whole of it. His course, and it was also the course of wisdom, was prescribed by the necessity of the case, and by the energy and ability with which he conducted the negotiation, he yet retained for his people an ample and beautiful territory. He was the most prominent Indian Chief in the treaty of Fort Harmer, in 1789. By this treaty other grants of land were made. The cession of the Presque Isle lands, is dated January 9, 1789, in which the signing Chiefs acknowledge the right of soil and jurisdiction over that tract of country, ceded by New York and Massachusetts, on the margin of Lake Erie, including Presque Isle, and the bays and harbors above the margin of Lake Erie. This territory was afterwards, namely, on the 13th of April, 1791, purchased from the United States, by the State of Pennsylvania, for the consideration of $151,640 25, paid in Continental certificates of various descriptions. CORNPLANTER was present as a prominent Chief, at the treaty held with the Indians, in Marietta, Ohio, in the year 1789. On this occasion, an elegant entertainment was provided The utmost satisfaction appeared to prevail among all the parties to the treaty. Good wine was served after the dinner, and CORNPLANTER being called on for a toast, took up a glass and said: "I thank the Great Spirit for this opportunity of smoking the pipe of friendship and love. May we plant our own vines, be the fathers of our own children, and maintain them." The services of CORNPLANTER on this, and other occasions, were highly appreciated by the Ohio Land Company. This company was formed in 1786, by officers of the army of the Revolution. At the close of the war of 1783, the officers and soldiers were paid in Loan Office certificates, worth, in specie, about 2_s._ 6_d._ in the £. On the 16th June, 1783, a large number of them, with the approval of WASHINGTON, memorialized Congress for lands to settle on north-west of the Ohio river. The action of the Government in this matter does not very clearly appear, although it seems that the officers of their Treasury recognized the validity of an arrangement to receive loan certificates in payment for the land. In 1786, the Ohio company was organized, and by their agents contracted with the Government for 1,500,000 acres of land, in the North-Western territory, for $1,000,000, in Loan Office certificates, reduced to specie value.