The officers of the board and secretary for performing what cannot be otherwise than troublesome duties, all the details of which they would have to regulate, and as they must have considerable responsibility attached to them, probably requiring security to be given, I conclude they would be allowed respectable fixed salaries. The clerks will also be of course well paid. I may be sanguine, but I confess I feel very confident, that the plan would be found, under the management of an able board, to work well. I have been more minute than I could have wished, but my object in being so, was to obviate many of the objections which are likely to be started. I regret much, however, that I cannot now see how to include the officers of the navy in it; for, unless it were so arranged, that they could contribute towards the fund, as retiring officers of the army are made to do, I fear that so desirable an object cannot, as they are now situated, be effected for them. By establishing this military fund, Government would not only be able to do away with half-pay, but also to discontinue the practice of granting pensions, excepting in particular cases to officers of the army, their widows and children, as I conclude that they would all in future be provided for under the regulations to be made by the board of management; and what a relief to the minds of officers, and what a proud and proper feeling it would be for them to indulge in, that they could at such a trifling sacrifice, and on such easy terms, provide for themselves; and for those about whom they must naturally be so anxious, without becoming a burden to the country; and would not this plan give them a stake in it, which must perpetuate (though it cannot for a moment be supposed, that in such feelings and principles they can be wanting,) that attachment to their Sovereign, and to our free and admirable constitution, which they have ever so strongly evinced; and thus an additional and powerful barrier would be formed against the dangerous designs of men, who apparently wish to see our excellent institutions destroyed, and the country thrown, to suit their own selfish purposes, into such confusion, as could only end in a despotism of some kind or other.