been brought to a level with their wants; and a sterling circulating medium would have remained sufficient for all the purposes of domestic economy.  Under such circumstances there can be little doubt that the active and enterprizing spirit of our countrymen would have long since effected the establishment of an export trade, which would have freed the colony from future embarrassment, and the mother country from the enormous expence which she is annually forced to incur in its support.  But the continual and amazing fluctuations which have taken place in the price of corn, have been a death-blow to the success of every effort that has been directed to this most important object.  At least but one out of all the numerous attempts that have been made by individuals, (for none have been made by the government,) to raise various articles of export, has realized the expectations of its sagacious author, and promises to become eventually of permanent relief and importance to the colony.  But it will be more in the order of the arrangement which I have marked out for myself, to treat of this very important subject hereafter:  I recur, therefore, to the conclusion which I was about to draw from the foregoing premises; that to the perfect success of every enterprize of a manual nature, it is essential that the price of provisions in general, but of corn in particular, should be reduced to such a point as to afford a fair profit to the grower; and at the same time that it should not be subject to any such extraordinary rise as to superinduce a proportionate increase in the price of labour.  To keep the value of corn in this just mean, it is necessary that the growth of it should be encouraged to a pitch far beyond the sphere of the ordinary demand; and this is to be effected generally in two ways, by augmenting the internal consumption by artificial means, as by breweries, distilleries, etc. and by permitting a free exportation of the surplus.  But the colony is at present unable from the smallness of its resources and its remoteness from Europe, the great mart for the surplus corn of other countries, to become a competitor with them in this branch of commerce:  it follows, therefore, that the constant abundance of corn indispensable to the establishment and maintenance of an export trade, can only be guaranteed by the enforcement of all such measures as have a tendency to increase internal consumption; and of these I again repeat that the erection of distilleries, etc. is the most easy and the most efficacious.

Independent of this general reasoning, which is equally applicable to all countries, the colony can unhappily furnish particular grounds of argument in the unfortunate localities of its agricultural settlements, which render the adoption of this measure of still more imperative necessity.  Allured to the banks of the river Hawkesbury, both by the superiority of the soil, and the facilities which the navigation of this river afforded for the conveyance of produce to market,