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 "VII. That the whole of the purchase-money of waste or public land, after defraying the necessary cost of surveys and sales, be employed in conveying British labourers to the colony.

"VIII. That the emigrants conveyed to the colony with the purchase-money of waste land be of the two sexes in equal numbers, and that the Corporation be bound to give a preference amongst the applicants for a passage cost free to young married persons not having children; so that for any given outlay of their money, the purchasers of land may obtain the greatest amount of labour wherewith to cultivate the laud, and of population to enhance its value.

"IX. That until the colony be settled, and the sales of waste or public land shall have produced an immigration fund, adequate to the want of labour in the colony, the Corporation of Trustees have authority to raise money on loan by the issue of bonds or otherwise, bearing