The Maori settlement at Waiohine, near Grey town, was for a short time a scene of great excitement at an early hour on Thursday morning, in consequence of Mr William Udy seeing Maoris erecting a fence on land leased from the Maoris for the last three years. They purposed to retake possession of it after receiving rent for the last three years, but Mr Udy tied up his horse and at once commenced to pull down the fence they were erecting. He was immediately surrounded by about twenty Maoris, women and men, the women being the most excited and active in pulling him away from the fence. During the excitement a bright idea flashed across the Maori mind, and the cry -was raised, " Seize his horse," " Take his horse away," but on the white man calmly telling them "I am not afraid," their excitement gradually subsided ; and while a Maori rodo the horse to Grey town for a square bottle of waipero, a korero was commenced and continued until the waipero was brought and discussed. They are undecided what course to pursue, but they seem to be well tutored and apt scholars of those who havo been teaching them the advantage of taking and keeping possession of lands they have no right to occupy until ejected by process of law. One of them stated in Grey town that the blame lay with their chief for keeping all tho rent to him self instead of fairly dividing it among the others, who havo a right to share it. Our correspondent in thia district on Friday morning visited the piece of land -which the Maoris attempted to take possession of, and of his visit he says : — A considerable number of Maoris were returning home from a night's fishing, and as they passed Mr W. Udy, who was commencing to erect a fence inside of theirs, they spoke to him in a very friendly manner, one of them saying they got no pokororo, as they had all gone either up to the hills or out to sea. The Maoris generally admit they are in the wrong, but state that their chief, Ngataure, ought to havo paid Eraita two pounds of tho money ho had received for rent. 