The Cherokee Lands.- The Cherokee Phoenix says, that large land companies have bought of many individuals the lots of land which they drew in the Georgia lottery; and that it would now be much cheaper for the United States to redeem all these possessions given by lottery, so that Georgia citizens can no longer claim them, then to purchase the whole territory of the Cherokees. The title of Georgia to sell these lands might indeed be thus extinguished, but this would not exclude her from extending her government over the Indians. Would the Cherokees consent to become citizens, and abandon their independent government, and would Georgia entitle them to all the privileges of citizenship, this might be the best way of giving Georgia an indemnification and settling all existing difficulties Georgia having divided the lands to her inhabitants can claim no more that the U. S. shall extinguish for them the Indian title; and the United States might purchase and restore the whole to the Cherokees probably for three or four millions of dollars.--Philadelphiaian