ot
reckoned the most healthy, and sixteen miles distant from the nearest
town. Crops are better than in the days of slavery--extra labour is
easily obtained where kindness and justice are exercised towards the
people. The hopes of proprietors are great, and larger sums are being
offered for estates than were offered previous to August, 1834, when
estates, and negroes upon them, were disposed of together."

Again, as in Jamaica commerce rests wholly upon agriculture, _its_
institutions can only flourish in a flourishing condition of the
latter.--What then are we to infer from an imposing prospectus which
appears in the island papers, commencing thus:--

"Kingston, October 26, 1838

Jamaica Marine, Fire, and Life Assurance Company.

Capital L100,000,

In 5000 shares of L20 each.

It has been long a matter of astonishment that, in a community so
essentially mercantile as Jamaica, no Company should have been
formed for the purpose of effecting Insurance on Life and Property;
although it cannot be doubted for an instant, that not only would
such an establishment be highly useful to all classes of the
community, but that it must yield a handsome return to such persons
as may be inclined to invest their money in it," &c.

Farther down in the prospectus we are told--"It may here be stated,
that the scheme for the formation of this Company has been mentioned to
some of the principal Merchants and _Gentlemen of the Country_, and has
met with decidedly favourable notice: and it is expected that the
shares, a large number of which have been already taken, will be rapidly
disposed of."

The same paper, the Morning Journal, from which we make this extract,
informs us: Nov. 2d--

"The shares subscribed for yesterday, in the Marine Fire and Life
Insurance Company, we understand, amount to the almost unprecedented
number of One Thousand Six Hundred, with a number of applicants whose
names have not been added to the list."

The Morning Journal of October 20th in remarking upon this project
says:--

"Jamaica is now happily a free country; she contains within herself the
means of becoming prosperous. Let her sons develope those resources
which Lord Belmore with so much truth declared never would be developed
_until slavery had ceased_. She has her Banks.--Give her, in addition,
her Loan Society, her Marine, Fire, and life Assurance Company, and some
others that will shortly be propo