to those little inferior dealers, who are to be found
in all countries, started up, and have since acted
as intermediary agents between the importers and the
great body of consumers. The object of this class
has been, and continues to be, not so much to realize
large fortunes in money, which indeed under existing
circumstances would be scarcely possible, as to acquire
immense landed possessions: and their system,
which, in fact, is the natural consequence of this
policy, is to require of the settlers mortgage securities
anterior to the supply of such articles as they may
be in need of. As they are frequently unable punctually
to comply with the conditions of these mortgages, their
creditors eagerly embrace the opportunity, whenever
it offers, of foreclosing them, and are thus gradually
becoming proprietors of the finest estates in the
colony; estates which whenever its capabilities shall
be called into unrestrained action will ensure them
and their posterity fortunes of a colossal magnitude.
While this class of traders are thus becoming the
most considerable landholders in this settlement,
they have not only taken care not to give credit to
such an extent as might occasion a diminution in their
trading capital, but have even contrived to increase
it very materially. This system, therefore, of
buying goods, and afterwards selling them at an almost
arbitrary profit, the greater part of which is thus
converted into landed property, is daily gaining ground,
and will infallibly in the end, unless proper measures
be speedily taken to counteract it, reduce the great
majority of the agricultural body to the same state
of vassalage which a large proportion of its members
are already enduring. And what renders the increasing
wealth and power of the small number who thus profit
by the embarrassments of the settlers, and make themselves
masters of their persons and properties, still more
odious and galling, is the consideration that in most
instances they are the least deserving, and yet the
only class of the community to whom the present order
of things is favourable. While all the rest of
the population are groaning under the aggravated pressure
of toil, privation, and despair, they are fattening
on the surrounding misery, and every day making rapid
strides towards the attainment of immense riches,
under the propitious shelter of a system which would
appear to have been expressly contrived for their
especial aggrandisement, at the expence of the freedom,
prosperity and happiness of the whole social body
besides. Like vultures, that in the midst of
combats soar in safety above the destruction raging
beneath, but descend at its close and tranquilly devour
the mangled carcases which the exterminating engines
of war have laid prostrate for their repast, these
men out of the influence of the oppressive disabilities
which are overwhelming all but themselves, eagerly
watch the progress of the surrounding misery, and impatiently
await its completion; more cruel than vultures, since
covered with the aegis that has unnerved the force
and paralysed the energies of their neighbours, they
introduce themselves into the midst of the havoc of
their own species, and prey upon the living victims
who are sinking around them.