Princeton Mass Meeting.

On Friday night last, while Harvard was declaring that the old base-ball league was an inferior one, and that a new association, composed of better clubs, should be formed, Princeton likewise was discussing, in mass meeting, the project of forming a new league. The college voted to confer unlimited powers upon the base-ball management. So, now, the question is on a fair way to settlement. The old association meets upon Friday of this week, and it is hoped that all the arrangements for the new league will be completed before that time. Action by the management at Princeton is expected to-day.