the colony is decidedly more
flourishing than at any former period.

"The credit of the island has decidedly improved. The internal
prosperity of the island is advancing in an increased ratio. More
buildings have been erected since emancipation, than for twenty years
before. Stores and shops have multiplied astonishingly; I can safely say
that their number has more than quintupled since the abolition of
slavery."--_Dr. Ferguson_.

"Emancipation has very greatly increased the value of, and consequently
the demand for, real estate. That which three years ago was a drug
altogether unsaleable by private bargain; has now many inquirers after
it, and ready purchasers at good prices. The importation of British
manufactured goods has been considerably augmented, probably one fourth."

"The credit of the planters who have been chiefly affected by the
change, has been much improved. And _the great reduction of expense in
managing the estates_, has made them men of more real wealth, and
consequently raised their credit both with the English merchants and our
own."--_James Scotland, Sen., Esq._

"The effect of emancipation upon the commerce of the island _must needs_
have been beneficial, as the laborers indulge in more wheaten flour,
rice, mackerel, dry fish, and salt-pork, than formerly. More lumber is
used in the superior cottages now built for their habitations. More dry
goods--manufactures of wool, cotton, linen, silk, leather, &c., are also
used, now that the laborers can better afford to indulge their
propensity for gay clothing."--_Statement of a merchant and agent
for estates_.

"Real estate has risen in value, and mercantile business has greatly
improved."--_H. Armstrong, Esq._

A merchant of St. John's informed us, that real estate had increased in
value at least fifty per cent. He mentioned the fact, that an estate
which previous to emancipation could not be sold for L600 current,
lately brought L2000 current.

NINETEENTH PROPOSITION--Emancipation has been followed by the
introduction of labor-saving machinery.

"Various expedients for saving manual labor have already been
introduced, and we anticipate still greater improvements. Very little
was thought of this subject previous to emancipation."--_S.
Bourne, Esq._

"Planters are beginning to cast about for improvements in labor. My own
mind has been greatly turned to this subject since emancipation."--_H.
Armstrong, Esq._

"The plough is beginning to be v