[15] In conjunction with the Scots New Zealand Land Company, it is intended to establish a New Zealand Whale Fishing Company, having a domicile at one or more of the maritime stations of the Land Company, at which the families of those engaged in the fishing will reside, and where the oil will be prepared for export. This will be mutually beneficial in a high degree. The fisheries will draw in a great revenue to the colony for exported oil, and those engaged in them will constitute the best of customers for the fine produce of the land. The families and shore-establishment of the Whale Company will be sheltered by the Land Company during the time their own strength may be absent in the fishery; while, should any thing serious be apprehended to the Land Company, the assistance of the daring and formidable crews of harpooners, who will be absent only on short voyages, will soon be forthcoming. They will indeed constitute a most formidable defensive force; and, instead of being a great cost and population-check, a consuming evil and source of decay, like the armies of Europe, they will be the source of wealth, and population, and power. PATRICK MATTHEW, _Chairman_. UTILITY OF EMIGRATION AND COLONIES. _Extract from “Emigration Fields.”_ Britain, at the present moment, exhibits man in a position altogether new, from the extensive application of steam power and improved machinery in aid of human labour. By means of these facilities to production, together with combined labour, the work of man has been rendered doubly efficient in raising food, and many times more efficient in fabricating clothing, and other human requisites. An immense available power and surplus labour supply has thus been developed, limited in the field of food production by our confined territory, restricted in the field of manufacturing production by our home food-monopoly. A great change in the relative proportion of labour and capital requisite for production has also taken place, and human labour, in part superseded by steam power and machinery, has undergone a comparative depreciation of value. The usual balance of demand and supply of labour being thus deranged, has caused occasional gluts, and it may require a time, and much further misery may ensue, risking political convulsion, before the social economy adjust itself, unassisted, to the new order of things.