or both, that land is of any value whatever.  In the course, therefore, of thirty-one years, the tract of land in question, taking the unimproved part as our criterion, since the improvements made in that portion of it, which is in a state of cultivation, may be considered tantamount to the difference in value between the one and the other, has evidently risen to this enormous price, from having been of no worth whatever:  or in other words, each acre of land has increased in value during the interval that has elapsed since the foundation of the colony at the rate of 3s. 2 1/2d. per annum; and this too under the most impolitic and oppressive system, to which any colony, perhaps, was ever subjected.  How much greater then, will be the future rise in the value of landed property, if, as there is now every reason to hope from the attention which the government are at this moment paying to the state of this colony, the whole of the disabilities under which its inhabitants have been so long groaning, should at length be abandoned?  Without taking at all into the estimate the immediate amelioration which a radical change in the polity of this colony, would occasion in the condition of the agricultural body; without depending on the probability that it will soon be in the power of the laborious and frugal settler to rise rapidly to wealth and independence; it must be evident that the mere increase which is yearly taking place in the value of landed property, affords of itself the strongest inducement to emigration; since if it does not hold out to the industrious man the prospect of acquiring immediate wealth, it relieves him from all apprehensions for his family, should a premature destiny overtake himself.  He at least knows that every succeeding year will be augmenting in a rapid manner the value of his farm, and that the same spot which administers to his and their present wants, cannot fail to suffice for their future.  This is of itself a most consolatory prospect; it at all events prevents the present good from being embittered with any dread of future evil; it permits the industrious man the tranquil enjoyment of the fruits of his labours, and rescues him from the necessity of hoarding up against the approach of gathering calamity, against the stormy season of impending poverty.

The amelioration, that would take place in the condition of the mere labourer, who should emigrate to this colony, without funds adequate to the formation of an agricultural establishment, would not be so considerable.  Still there can be no doubt that the honest and industrious man would always be able to provide for himself and his family a sufficiency of food and clothing; comforts which with his utmost endeavours he can hardly obtain in this country without having recourse to parochial relief.  He would, therefore, at all events emancipate himself from this humiliating,—­this demoralizing necessity; for although there is confessedly a greater portion of labour in the colony than can at present