* -* * 



i have, in thefc letters, fo orten men- 

 tioned the neceility ot applying "the lums 

 requifite Tor inipioven.ents, in ready mo- 

 ney, and at once— -lb that the works may 

 be unde:- an abfolute certainty of depend- 

 ing on no income or contingencies j that I 

 think it will be very conducive to a right 

 underftanding of the fubjedi:, t^) offer a few 

 explanations of this material part of the 

 defign. 



Improvements upon whatever fund or 

 principle they are undertaken, v/ill always 

 be found very pn fitable ; but to carry 

 them to a tenth of the profit which 1 have 

 fuppofed, it is abfolutely requifite to pjo- 

 cced upon tie plan which I have laid 

 down. Eirft,. let the gentleman gai'n thofc 

 particulars which aie the data.of his cal- 

 culation J then let him proceed to ionr. an 

 ercimate of the improvement which can be 

 eiieded by the fum of money in his hands, 

 or v^hich he is determined to borrow. 

 That fum mufc be fixed before betakes 

 pen in hand j and upon the right propor- 

 tioning the annual quantity of land to be 

 taken in, to the atnount of cafn, is the 

 principal part of the whole work. Let 



him 



