159 
Great Britain, Canada, and N eranl, Ie esenting lar ree resources, 
are ga ge in Sis ul, ave bought t thongs sands: of of 
Gove 
ing the same to the full measure of their ability to to procure the material, 
A local stock company, styled the Bahama H E on Company, organised 
and managed by Nassau capitalists exclusively, has also purchased a 
large tract ; of land and is dev veloping the same, whilst thousands of acres 
are being planted in every direction by individual owners of smaller 
pieces. American capital up to this date, I regret to say, for it is to its 
own disadvantage, has been conspicuous by its absence, One company, 
however, styled the Inagua Hemp Company, organised under the laws 
the State of New Jersey, with D. D, Sargent, United States Con- 
sular Agent at Inagua, as man ager, | as lately ho. Pe 1,200 
Messrs. Munro & Co., of St. John’s, Nerot have obtained a 
grant of 18,000 acres of Crown land at Abaco, and are planting the 
same, Another tract of 20,000 acres ea been allotted to a London 
company on the same island. Mr. Alex. Keith, of Edinburgh, Scotland, 
has taken 2,006 aeres on Andros Island, d is working upon it. But 
the largest deii. “has been made lately by two London companies, 
who are said to be applying for not less than 200,000 acres between 
Many applications fer land have not been reached at all as yet on the 
files, the Surveyor-General’s Department bring hard pus in the ; 
matter of, sur veys and locations, whilst new "applications are being 
constantly received, and have to wait their turn for consideration. So 
much land has been taken up that the Governor, a short fime ago, 
advanced the price of Crown land from 81:25 per aere, the ordinary 
price, to $4 a acre, withholding also the benefit of the bounty. 
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This NUDACGHKT withdrawal of Crowil eds is creating some move- 
un in real — is Prinia un der the circum instan nces—betw Mud 
The employ ment eeto labourers in clearing dud and in setting 
out plan b mats alr r2 ut considerable money into circulation, the 
beneficial. effects of f which ar e being felt in various quarters. "There 
been no special divido" in the price of labour, field hands $4 | 
manding from 40 to 60 cents per day, and ding th selves. S 
month, however Witnesses a large increase in the number of those w E 
find remunerative en ayaa and eee DM obtain. ipm ae 
employers and employed. The labour question has been Ho ~ 
that here, as pene gi requires delicate véttdibof ; but it 
skilfully met by Sir Ambrose ig oe Governor Me dn Soda 
reeiving that to permit investors to Een = L adopted the 
induce e sharp ie whe alist in wages in D y settled nt islands, or in localities 
U 637. — — | x c 
