be maintained in activity, any person who might emigrate thither voluntarily would easily find employment, when those who are, or have been under the operation of the law would seek for it in vain.  A good character is a jewel of greater value there than in this country, because it is more difficult to be met with; and consequently all the advantages which it procures its possessor in the one place, it will insure him at least in a two-fold measure in the other.

The colony offers very little encouragement to the manufacturer.  The manufacturing interests are not at present in the most prosperous situation; and if the government should, as there is every probability, at length adopt those measures which are called for by every consideration of justice and expediency, a few years will annihilate them entirely.  To this class therefore, with reference both to the proprietor and workman, a removal to this colony would undoubtedly be prejudicial.

For the artisan and mechanic, who are skilled in the works of utility, rather than of luxury, there is, as it has been already remarked, no part of the world, perhaps, which affords an equal chance of success.  To any, therefore, who have the means of transporting themselves and families to this colony, the removal would be in the highest degree advantageous.  They could not fail to find immediate employment, and receive a more liberal return for their labour, than they would be able to procure elsewhere.  The blacksmith, carpenter, cooper, stone-mason, brick-layer, brick-maker, wheel and plough-wright, harness-maker, tanner, shoe-maker, taylor, cabinet-maker, ship-wright, sawyer, etc. etc. would very soon become independent, if they possessed sufficient prudence to save the money which they would earn.  For the master artisan and mechanic, the prospect of course is still more cheering; since the labour they would be enabled to command would be proportioned to the extent of their capital.

The advantages, however, which the colony offers to this class of emigrants, great as they undoubtedly are, when considered in an isolated point of view, are absolutely of no weight when placed in the balance of comparison against those which it offers to the capitalist, who has the means to embark largely in the breeding of fine woolled sheep.  It may be safely asserted that of all the various openings which the world at this moment affords for the profitable investment of money, there is not one equally inviting as this single channel of enterprize offered by the colony.  The proof of this assertion I shall rest on a calculation so plain and intelligible, as I hope to be within the scope of the comprehension of all.  Before we proceed, however, it is necessary to settle a few points, as the data on which this calculation is to be founded; viz. the value of wool, the weight of the fleece, and the number of sheep to be kept