On the contrary, the old slaves on a plantation, in whom the ardent passions have subsided, knowing that they must soon come to be exempt from work, and entitled to that maintenance gratuitously from their master, which in a state of freedom they would have to earn for themselves, would make no attempt to procure their own liberation, but would devote their earnings, and any accumulation of money they may have already made, to the ransom of their children. This double operation, therefore, of the young and efficient freeing themselves, or being freed by their aged connexions; and the superannuated and infirm remaining to be supported by the proprietor, would leave the burdens of a plantation undiminished, while its ability to bear them was nearly annihilated. With regard to the other portion, from whom no labour is obtained, namely, the infants, the proprietor is induced at present to treat them with the utmost care, were it only for their future value. But the prospect of obtaining their future services might soon be changed. Slavery, considered as an hereditary condition, is perpetuated on the side of the mother only; if means were taken to purchase all the female children, no calculation regarding relative value could be made, and the property of each proprietor must become extinct with the lives of his present negroes. Now it is fair to apprehend, that the means of obtaining manumission might be improperly employed, for the purpose of exterminating slavery, regardless of all injury to the capitalist. Whether those means would be supplied from a fund raised in this country by speculative theorists hostile to the colonies, or, whether the slaves themselves would be, by such persons, instigated to purchase the female children, the result would be equally injurious to the proprietor. _Section 4._ CONTRARY TO THE LAW OF MORTGAGE. Few persons require to be told, that the proportion of property under mortgage in the West Indies is considerable. It is singular, that, in the various discussions to which the Colonial Question has given rise, so little attention has been directed to the interests thus involved. Independently of the mortgagees themselves, it is the direct advantage of the planters to have every facility open for the raising of loans to meet temporary difficulties. The act of Parliament, the 13 Geo. III. c. 14, invites loans from aliens, on the security of leasehold or freehold estates, in His Majesty’s West Indian Colonies. The 14 Geo. III. c. 79 legalizes the taking of interest by British subjects, for sums advanced on mortgage, and securities of any lands, tenements, hereditaments, slaves, and other things, at the rate allowed by the law of the colony where the mortgaged property lies. And the 3 Geo. IV. c. 47, further regulates the rate of interest, and extends its provisions to persons advancing capital in this country.