South Wales. The expenses caused by the transaction had already been considerable, and it appeared to me desirable to obtain every information respecting the extent and nature of the soil and its capabilities, with a view to its being colonized on the same enlightened prin ciples as those followed by' the New Zealand Company. This information being obtained, it occurred to me that a body of agriculturists, to the number of two or three thousand, might be disposed to purchase or lease the land, at a rate which w’ould be considered nominal, in com parison with the price of land or the amount of rent paid in Britain ; and that by dividing the land into farms of forty, eighty, one hundred and sixty, and three hundred and twenty acres, or a whole square mile, according to the purchasers’ means, and applying seventy-five per cent, of the proceeds to the purpose of conveying to the colony a number of select labourers, with their wives and children, a strong inducement would be held out to pur chasers, and an additional impulse given to the coloniza tion of New Zealand. In order to acquire satisfactory knowledge regarding the adaptation of these lands to the proposed purposes, I devoted several months of the winter of 1840. The wise determination of the home government to cut down all large purchases to an extent proportioned to the real outlay of the purchaser, has of course rendered the objects then contemplated an impossibility. I have, how ever, no reason to regret the time which I devoted to the examination of the country, since, although exposed to constant vicissitudes of weather, and what many would consider hardships; living, for the most part, in a tent, sometimes sleeping in an open boat, or even on the beach,