NEWPORT.Wm. S. Bailey akd his Securities.—It maybe recollected by our readers that we gave a report of the arrest of Wm. S. Bailey, some months ago, on the charge of publishing incendiary documents, he haring resumed the weekly issue of the Free South newspaper, which was destroyed by a mob some weeks previously. He was examined before J. R. Ballam, Justice of the Peace, and held to bail in the sum of $1,000 for his appearance before the Circuit Court, but Ira Root, Major Helm, Alfred Thornton, and Judge Boyd became his securities, and he was set at liberty. Yesterday, however, for reasons which hare not been made apparent, those persons formally withdrew their names from Bailey’s bond, and he was re-arrested and lodged in jail, where he now lies.