little doubt if the colonists, instead of expending, had providently accumulated the money which they so profusely acquired during the period of their agricultural prosperity, that their actual situation would have been far preferable; for, though the gradual retrogradation, which I should imagine it must at present be sufficiently evident, that the colony has been undergoing for these last fifteen years, would by this time have greatly diminished, if not have totally absorbed their former savings, still their lands would have remained to them, nor would they have been reduced to that state of vassalage and misery, which they are this day enduring.  Lamentable therefore, as is their condition, the consideration that it has thus far been occasioned by their own imprudence, is apt to detract from that unbounded commiseration which it would otherwise excite:  if, on the other hand, we do not reflect in extenuation of their thoughtlessness and extravagance, that their former increased means of indulgence, were the result of their industry; that this industry was in the first instance called into activity by the encouragement of the government; that it has since been paralysed by a concatenation of unwise and unjust disabilities imposed by the same power; and that consequently their present wretched and degraded situation is not so much to be ascribed to their former improvidence as to the actual impolicy and injustice of their rulers.  If we furthermore consider the short period in which this great change in their circumstances has been effected, we shall feel convinced that so sudden a transition from affluence to poverty could not be patiently endured, and that every method of rendering so unexpected and galling a burthen more supportable, would be naturally and inevitably resorted to.  To prove still more satisfactorily that this state of slavery to which so large a proportion of the original settlers are reduced, has not been so much the result of their own imprudence as of the impolicy of their government, numerous instances might be adduced of persons, not indeed skilled in the arts of husbandry, whose habits have always been regular and moderate, who have been for many years stockholders as well as agriculturists, and who, notwithstanding this two-fold advantage, aided by an undeviating economy, have been unable to keep themselves free from the embarrassments in which the bare cultivators of the soil are so generally involved.  To what end then, has their frugality been directed, if a few years more will engulph their possessions, and reduce them to the same state of vassalage and degradation, to which their less provident brethren are already subjected?  They have, indeed, in the prospective some short period of unexpired freedom; but I doubt much whether the gradual approach of inevitable slavery be scarcely more enviable than slavery itself.