1831 Aug. 11

Colonization Society

Brouillon Raw Materials

Ch.IV Means of effectuation - incitative

§1. - to Stockholders.

1. Interest and profit on their shares.

II. Return, or say Profit from the respective sources

1. First source of profit looked to - produce of the sale proposed to be made of

land in lots. Number of acres in a lot, 80 or thereabouts - minimum price per

acre, 5s. This gives for the Minimum produce of each lot, £20

Minimum of expected interest and profit together, say 5 per Cent. Upon the

capital of £500,000 a years interest at 5 per Cent is £25,000

Number of lots which to produce each year's interest must have been sold in the

course of the year is 1,250

But if, of the £500,000, one fourth part namely £125,000 is, as proposed lent to

settlers with capital in that case on the supposition that the interest at which

it is lent is 5 per Cent, and that interest paid without deduction, one quarter

of the above /the £25,000/ amount of interest namely £6,500 will be obtained

otherwise than by sale of land £18,750

Lots of land to be sold in a year 975

Acres of land to be sold in a year 750,000

But the £250,000 which is proposed to be laid out in the purchase of labour and

materials employed on [...?] improvements such as the necessary buildings, and

the means of communication - such as roads, bridges if necessary, and Canals and

in so far as more economical than roads; and, if necessary and economical,

improvement of the harbour, will not be laid out - the whole of it - in the

course of one year.