Last Wednesday arrived here the brig Peace and Plenty, John Nalder, commander, belonging to this Island. The 8th inst. in the evening, she was brought to at sea by an American privateer, who put a boat's crew and an officer on board him, notwithstanding it blew hard, and the sea ran high, with orders for Captain Nalder to make sail after her; a gale of wind a short time after came on, which obliged the brig to take in all her sails, and the next morning the privateer was out of sight. The American officer ordered one of his men to take the helm when the gale had a little abated, and was going to shape his course for Boston, which Capt. Nalder perceiving, spirited up his crew, and with handspikes fell on the rebels, secured them under the hatches, and have brought them safe into this place. They say, the privateer, which is a snow of 12 carriage guns, and 16 swivels, called the Achilles, is commanded by one Williams, formerly a midshipman in the English navy, and they were going to Boston to refit, having been out a long time without any success. The vessel, they add, was very leaky, and her provisions were near exhausted.
The owners of the Peace and Plenty have rewarded Capt. Nalder for his spirit in saving their vessel.