[6] “Mr Flatt, an agriculturist from the East of England, of considerable professional and general knowledge, and who has lately returned from New Zealand, where he had been remaining several years, informs the Author, that in crossing the North Island, he travelled along a tract of fine alluvial soil in the lower valley of the Waikato rivers, equal in extent, but richer, than the alluvial level between Cambridge and Hull,--the kernel of England. Mr Flatt also corroborates the statements of others respecting the salubrity, mildness, and beauty of the climate,--that it is a land of sunny-showers, and that is the case of heavy rains, the clouds clear off immediately when the rain ceases, and a most brilliant sun shines out.” [7] “The Company are not to be considered as guaranteeing the title, except as against their own acts.” See published “Terms of Purchase” by the New Zealand Land Company, and signed John Ward. This is the amount of their boasted security of title. [8] The cost of free labour in a new colony, or wherever all the land of fair quality is not occupied, has always been--from the ambition to be his own master, inherent in man,--must necessarily be, greater than the producing value of the labour. Where fair land is unoccupied, none but he, who, from some natural defect or incapacity, is incapable of working to himself so well as to produce a maintenance, will ever work as an agricultural servant to another, excepting at a hire beyond the value of his labour; consequently, the work performed for hire will be done in a very inferior and unprofitable manner. This must cause the hired workman to be not upon the best terms with his employer, and he will be felt to be a _plague_ rather than a _help_. Mr Wakefield’s “sufficient price” plan, “a high price upon fresh land,” at least “such a price as render slave labour a loss, plenty of free hired labour being made attainable,” is one of the most crude and impracticable schemes in reference to a British race population, that the brain even of modern political economists has hatched. Nevertheless, he has procured a whole host of followers, including the South Australian and New Zealand Committees. How would people be prevented from settling beyond the precincts of his high-price-limited territory? Would he keep an army scouring the country beyond this line with fire and sword? Nothing short of this would suffice; and we should have enough of bush-fighting. We would remit from the heated fancies of ignorant closet colonists to the experienced judgment of men who have seen colonization going on, and more especially who have borne a part in it, to determine of the utter unfitness of the “sufficient price.” Has the attempt at the sufficient price worked well in South Australia? Has not a great proportion of the small capitalists lost their capital and been forced to become servants (in some cases obliged to the servants they had carried out for procuring a master), while