Another law passed at this time provided that any settler could buy an unlimited area of land from the colony itself at the cost of five shillings per fifty acres. This action was referred to as a "Treasury Right." Therefore, the "Head-Right" system was no longer the most common method of acquiring land settlements in the Virginia Colony. The population of the Virginia Colony was predominantly English and all types of social classes were now represented here: from the aristocratic nobles to the uncouth convicts. With the influx of the Cavaliers and with the reputation of the prosperity of the Virginia Colony, the number of middle class and upper class residents increased considerably during the Eighteenth Century until such residents soon made up a majority of the inhabitants. By 1700, the population of Virginia was approximately 70,000 including about 5,500 Negroes. By 1710, the practice had been established of allowing the Governor of a British Colony to remain in England and to appoint deputies to live in the colony and actually to rule the colony. At this time, Alexander Spotswood arrived in Virginia as a royal Governor, technically the Deputy to Lord George Hamilton, Earl of Orkney, the official Lieutenant and Governor-General of the Virginia Colony. He was the first royal Governor to live in the new Governor's Palace at Williamsburg. Governor Spotswood remained in this position for twelve years and was responsible for many improvements and much progress in the Virginia Colony. He encouraged and helped carry out the beautifying of Williamsburg, the new capital city. Ravines were filled, streets leveled, some college buildings, a public magazine (a storehouse for arms and ammunition) and a church were erected primarily due to his influence. Since he believed in developing the natural resources of Virginia, he had iron foundries established along the Rapidan River, near Fredericksburg. As a result, the first mining village in Virginia, Germanna, located near the Blue Ridge Mountains, came into existence. This village was named in honor of the German miners who came to Virginia to work the iron mines and in honor of the German ruler, Queen Anne.