of the Waste Lands of the Kingdom. 207 
polis, what may not be accomplished in its immediate vicinity ? 
Any idea, therefore, that the proposed concern may prove a losing 
one, ought not to be entertained for a moment. 
The following heads on the whole are suggested, as a founda- 
tion for the proposed institution : 
1. That the Society shall be called “ The Royal Agricultural’ 
Company, for the Improvement of the Waste Lands of the King- 
dom, and promoting domestic Colonization;” of which His Royal 
Highness the Prince Regent be requested to be the patron. 
2. That under the authority of parliament, the sum of one 
million (or any other sum adequate to the purpose) be raised by 
a.joint stock company, in shares of 50/. each, or twenty thou- 
sand shares in all, for promoting so beneficial an object. 
3. That the management of the concern be confided to a pre- 
sident, four vice-presidents, fifteen directors, five trustees, three ~ 
auditors, a treasurer, an accountant, and such other officers as 
may be judged necessary. 
4. That the sum to be raised, shall be paid by regular instal- 
ments, ten pounds at the time of subscribing, and ten pounds 
every six months afterwards, as the same may be required. 
5. That land shall be rented or purchased, either from the 
crown, or from private individuals, to such an extent as the ca- 
pital of the company will enable it effectually to cultivate. 
6. That convenient accommodation shall be provided in the 
neighbourhood of the land brought into cultivation, where the 
directors, and other members of the company may reside when 
they are desirous of examining the progress of the undertaking. 
7. That a regular account of the improvements carried on, 
shall be drawn up, and submitted to the consideration of His 
Royal Highness the patron, and of both Houses of Parliament, 
and likewise printed for the information of the members of the 
company, and of the public at large. ; 
8. That the accounts of the company shall be annually audited, 
and open to the inspection of all concerned; and that after the 
first year of actual cultivation, a dividend of 5 per cent, or what- 
ever other sum the profits of the concern may yield, shall be paid 
to the subscribers. 
9. That a negotiation be entered into with the church-war- 
dens and overseers of the several parishes of London and its vi- 
cinity, respecting the number of poor they can respectively fur- 
nish, and the various articles they will purchase from the com- 
pany; and that those parishes be preferred, who offer the most 
advantageous terms to the company. 
10. That a meeting shall be called for taking the above plan 
into consideration, and for presenting a petition to parliament, 
for erecting the proposed company into a corporate body. 
It 
