In all new countries in which the sources of wealth are imperfectly developed, the expense of applying the means necessary to their development is so enormous, as to leave but small profit to the speculator. Labour is always dear in new countries, where there is so large an outlet afforded to the labourer to escape from the toils of servitude, and become himself an occupant or an owner of the soil. All that he gains by the exchange is an ideal independence; which is, unhappily, but too attractive to the uneasy spirit of modern improvement. The prosperity of a colony is the aggregate of individual wealth. the prosperous advance of the colonist, is, therefore, the first duty of a superintending Government. But the first aim of that watchful guardian is ever to wring from the settler as much as may be extracted by pressure. The lowest demand for land, which would be dear at half-a-crown an acre, is eight times that amount. No sooner does the settler, by his science or industry, discover some lucrative opening, than government steps in with its restrictions, its taxes and duties, and at once cuts down the budding promise. If the design be to bring to light the mineral wealth of the country, royalties are immediately imposed; and no chance of profit is left to the speculator when the rents are raised according to the probabilities of success. It is the same with all other speculations; no one will embark, even in a timber-trade, when he knows that he is placing his capital at the mercy of a grasping and short-sighted Government. How much more lucrative, and how much more statesman-like would it prove, were our rulers to display as much good policy as the peasants of Norfolk, who do not pluck their geese until they be well feathered! Colonists, like cabbages, should be allowed to acquire the necessary strength, and attain the proper dimensions, before they be seriously operated upon. You might then cut and nick them with reasonable hope of their sprouting forth anew. But the worst evil of an absolute Government arises from the destruction in the minds of the people of all faith and confidence in its truth and honour. One Secretary of State countermands the edicts of his predecessor; and as the Executive Government of a colony is composed of the paid servants of the Crown, and is merely the machine of the Secretary for the time being, the ordinances which it promulgates are distinguished by only one uniform feature -- the announcement of broken promises and betrayed faith.