33# TRAVELS IN THE UNITED STATES! 
dividual in England. The method he has 
taken to improve this property has been, by 
granting land in small portions and on long 
credits to inividuals who would immediately 
improve it, and in larger portions and on a 
shorter credit to others who purchased on spe¬ 
culation, tiie lands in both cases being mort¬ 
gaged for the payment of the purchase money; 
thus, should the money not be paid at the ap¬ 
pointed time, he could not be a loser, as the 
lands were to be returned to him, and should 
they happen to be at all improved, as was most 
likely to be the case, he would be a considerable 
gainer even by having them returned on his 
hands; moreover, if a poor man, willing to 
settle on his land, had not money sufficient to 
build a house and to go on w ith the necessary 
improvements, he has at once supplied him, 
having had a large capital himself, with what 
money he wanted for that purpose, or sent 
his own workmen, of whom he keeps a pro- 
digous number employed, to build a house for 
him, at the same time taking the man’s note at 
three, four, or five years, for the cost of the 
house, &c. with interest. If the man should 
be unable to pay at the appointed time, the 
house, mortgaged like the lands, must revert 
to the original proprietor, and the money 
arising from its sale, and that of the farm ad¬ 
joining, partly improved, will in all probability 
