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1831 Aug. 13
Colonization Society
Ch.V. Constitution House and Colonial
ยง.1. Difficulty suggested
So much as to what it is to be wished should have place. So much as to what
ought to have place. But now, as to what will have place
Whatsoever be the capital proposed by the Shareholders to be advanced by these
same Shareholders has (suppose) been advanced. But the repayment of the sum
advanced with interest for the time during which it has been advanced - this
repayment or the continuance of the interest upon it until the repayment as
above shall have been compleated - whence is it to come?
Aye there's the rub: and this same rub - it concerns all intended Shareholders
to be prepared for - not to say against
Sources of profit as above, two: 1. sale of the lands - in each year, sale of as
large a quantity of the as yet unsold land as at a price not below the minimum
pitched upon can, within the compass of that same year can be sold. 2 Net profit
on the produce of the quantity of land kept in the hands of the Company: under
the management of the functionaries of the several descriptions maintained and
paid by the Company in the Colony: the Company being in this way one great
Absentee.
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