Forest City, Ark., March 28. - The arrest of 15 alleged White Cappers at Palestine, this eounty. on indictnients rendered by the grand jury now in session has caused intense exciternent. The trouble arose from the failure of some of the farmers to discharge their obligations to the merchants and the consequent foreclosure of mortgages held by the merchants. This. it is said, led to the burningof a nmnber of farmhouses owned by the merchants. and it is for this offense that the parties vinder arrest were indicted. It is feared that tlie intense feeling that has been eiigendered may result in Vjloodshed.