Should the New Zealand Land Company of London capitalists go on purchasing the good-will of the lands they are selling only, and not attempt to engross or monopolize large portions of New Zealand, to the exclusion of emigrants who will not consent to pay to them their heavy monopoly price or tax, and if they shall employ 75 per cent. of the price they charge for the lands in fitting out colonizing expeditions, consisting of a proper assortment of emigrants, as they have done in the first instance, _but which they refuse to go on doing_; or, if they shall dispose of the lands at a price nearly equal to the government price of the United States for fresh lands, and not take to themselves beyond a fair interest for the capital they may lie out of, allotting the residue for the internal improvement of the colony (roads, bridges, &c.), and for civilizing and ameliorating the condition of the natives, their agency in promoting New Zealand colonization may be of very great utility, by giving confidence and security to emigrants. If this is the line they are to pursue, the Scots Company will do every thing they may have in their power to further the London Company’s objects, and will no doubt be met by the London Company in the same spirit. New Zealand will afford more than a sufficient field for the exertions of both. FOOTNOTES: [14] The proper means to prevent settlers from seizing upon more land than they can put to good use, and taking up too wide an arrangement, is not a high price upon fresh lands (which is merely to suck out the life’s-blood of the colonist just as he is about to commence the arduous combat), but a low land tax per acre, rated permanently to three or more class qualities of soil. This is the only genuine tax,--should be the only tax, and made available to the whole government of the colony. Instead of repressing industry as other taxes necessarily do (those on pernicious luxuries excepted), this tax would even benefit the payer by stimulating him to improve his lands, and thus render them of higher quality, while their class rating for taxation remained unchanged.