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There is one measure adopted by the Board, which, if successful, will relieve the fuuds of the Society from all present embarrassment, and leave its current receipts to be applied to the great objects of building up and improving the Colony.

The debts of the Institution, as already stated, amount to $45,645 72. To meet the just claims of the creditors, the Board propose the creation of a stock of $50,000, bearing an interest of 6 per cent. payable annually. For the payment of the interest annually, and the gradual payment of the principal, it is proposed to establish a sinking fund of $6,000 per annum. To this fund they will pledge the first proceeds of all their legacies, donations, and contributions. Should this plan meet the approbation of the friends of the Society, and the stock be all taken up, the funds of the Board would at once be relieved, and the payment of the whole stock, with its interest, would, in less than twelve years, be redeemed by the annual payment of $6,000. Should the funds of the Society be sufficient, the whole may be paid in a shorter period. The measures of economy already matured by the Board will annually save nearly that sum. To the creditors of the Board, they submit whether certificates of this stock would not be better than the present evidences of debt in their possession. Unless this stock be taken up by the friends and creditors of the Board, it is quite uncertain when it will be possible for the Board to make payment, however desirous to free themselves from all embarrassments. Until, therefore, the Board know whether this measure will be sustained, their operations for the future must depend on the following contingencies.

On the supposition that this stock will not be taken up, the Board, then, can only continue the colony in its present condition. In their exertions to pay their debts, they believe it is their solemn duty to take care that the colony do not retrograde. On this contingency, the ordinary receipts will, in time, relieve their finances, and then the Colony will again take its forward march.

But, on the other and brighter result, the Board would at once be able to discharge existing obligations, and thus be left at liberty to devote all their means to the prosperity of the Colony.

In that event, the Board will distinctly state what are their intentions and their views.

Ist. Experience has demonstrated that the utmost care is necessary in the selection of emigrants. It is now the deliberate decision of the Board, to send none to the Colony until those of suitable age are formed into temperance societies. From this, they will in no instance depart. In accordance with these principles, a careful inquiry shall be instituted into the moral character and industrious habits of each adult emigrant. With such materials for colonists, there will be no risk in sending whatever number the means of the Board will justify.

2d. All measures for the promotion of a complete system of education, will claim from the Board their constant and unremitting attention. On this subject, vital as it is to the best interests of the Colony, the Board are cheered with the knowledge of the fact, that their able co-laborers of the NewYork State Colonization Society, have already decided “to assist in laying the foundation, and rearing the structure, of a complete system of education within the limits of Liberia.” Most cheerfully will this Board co-operate with them, and with all other friends of the measure, in carrying forward this great enterprise.

3d. Since their re-organization, the Board have adopted various measures for the promotion of Agriculture. From various circumstances, not always under the control of the Board, the cultivation of the soil has heretofore been too much neglected. The importance of this interest to the Colony is ad

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mitted by all, and from the Board it shall receive constant and continued caro and encouragement.

4th. Having these prominent and vital principles constantly in view, it will be the untiring effort of the Board to make Liberia a desirable home for the free man of color. To this class we address no argument to induce them to leave the United States. We have no entreaties to offer. We trust, in a short time, that facts will supersede the use of arguments, and an enlightened self-interest render all entreaties unnecessary. say

distinctly, we want none to go there but men and women of good morals, of industrious habits, and friends and members of the temperance cause.

As far as we have the power, we will permit none of a different character to go. We express our deliberate judgment that, by carrying out these principles, Liberia will soon become a desirable home for the free colored man; and that, so soon as it becomes so, he will go there, in most cases, at his own expense.

But, whether the plan for the issue of stock succeed or not, it is absolutely necessary that former contributions be continued, and even increased. To all the friends of the cause, the Board would present the subscription list so nobly commenced and patronized by that distinguished friend to the cause, GERRIT Smith. They do earnestly entreat all their Auxiliary Societies to make an effort to advance the noble cause in which they are laboring with us. The Board would also most respectfully request all the Churches to take up collections on the day sacred to the freedom of our beloved country, in aid of an enterprise which carries with it blessings so rich and so great. To their Female friends, the Board are confident the appeal will not be in vain. Already has their beneficent example, in cherishing this sacred cause, given health and encouragement to all the efforts of its friends. A general effort is all that is wanting to advance the interests of the Institution onward to that high ground it is yet destined to occupy.

In conclusion, the Managers believe that the success and final triumph of the Colonization cause, under the blessing of Heaven, rest now with its friends. The Board are perfectly willing to leave it there. For themselves, they are not discouraged. Acting on the principles contained in this exposition, and availing themselves of the aids of past experience, they believe that the present crisis will pass away and leave their enterprise uninjured; and above all, they would look for, and rest upon, the blessing of Heaven, which, heretofore, has been so richly experienced. By order;

JAMES LAURIE, President, pro, tem R. R. GURLEY, Secretary.

LETTER FROM GERRIT SMITH, ESQ.

PETERBORO, N. Y. MARCH 1, 1834. My Dear Friend:-You will please hand the above check of $1,000 to the Treasurer of our Society. It is the first instalment on my late subscription to the proposed fund of $50,000. I send it in advance of its due time of payment, because I am aware that the Society is in great present need of help. As the money pressure continues to be so great, it is to be regretted that we did not take to ourselves more than sixty days for getting the subscriptiou to this fund filled up. It will be filled up, however, I trust, in the course of the spring; and although, according to the terms of the resolution, under which they subscribe, the subscribers will not be liable to pay, if the 60 days be overrun; yet I have no doubt that they will pay

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just as readily as if the form of the subscription were absolute. There are already more than fifty subscriptions on the plan started a few years since, of obtaining 100 subscribers of $1000 each; and I believe that there is no case of the fifty, where the instalments have not been kept up; and, in several of the cases, the whole amount of the subscription has been advanced. The subscriptions on this plan were not to be obligatory, unless the $100,000 were subscribed; and yet we find that none of the subscribers have been disposed to avail themselves of this contingency. Nor may we suppose,

. that the subscribers to the proposed fund of $50,000, will be less generous. Why should they be? Or does not the Colonization Society deserve to be loved and to be helped as much now as it did formerly? In my poor judgment, it is much more entitled to our support now, than it ever was at any for mer period. The Society has now, with the help of its friends and its foes, and in the school of its own experience, found out its faults. It is fast correcting these faults. It is adopting more judicious systems of operations, the leading elements of which are, an economical use of its means, and a strong christian love towards that class of people, who constitute the objects of the Society's regard. If our Society bad always loved this oppressed, and therefore debased class of people, as, I trust, it will hereafter love them; if it had always

Í thought more of ministering to their relief, than of conferring real or imaginary benefits on the white population of our country, and of indulging the wicked prejudices of that population; then would our Society have been, at this day, incalculably more prosperous than it now is; then would it have been dear to the free coloured people, instead of being, as, with too much justice it now is, an object of their jealousy. It is idle for our Society to think of accomplishing its plans, until it has the confidence of that people. But it will no sooner have this confidence, than its prosperity will be, and so also its blessings to that unhappy people will be, without limits. Let it, my friend, be our unwavering and religiously pursued policy, to create a happy and a christian home in Africa, for those of our free people of colour, who choose to go to it; and doubt not, that the attractions of such a home will be sufficient to draw from our shores, at least as many of this race as will be needed to establish, in the benighted land of their fathers, the principles of the gospel, and of our free institutions. Remember too, that those who appreciate, and are drawn thither by those attractions, give, in that very fact, abundant evidence of possessing the sound moral character, which we need to have all our emigrants possess: wbilst, on the other hand, those whom we send there, may carry with them habits fraught with ruin to our settlements.

I regret to see by the newspapers, that there is a general impression that there has been a great waste of the funds of the Society. The impression is very erroneous; and I most lament it, because it does great and cruel injustice to the gentlemen, who, in the capacity of Managers of the Society, have rendered (many of them through periods of twelve to seventeen years) 80 large an amount of faithful and gratuitous services to the Society. These gentlemen are certainly far better entitled to thanks for their unpaid services in this cause of humanity, than to imputations on their judgment and integrity. It is good, however, for them to be often taught by the ingratiLude of their fellow men, to look above for all their reward. In looking over the accounts of the Society, when I was last in Washington, I could see that, in some instances, there might have been, by a different proceolure, considerable sums saved; but I was principally enabled to see this, by the light of that experience which the Managers now have, and which will guard them against a recurrence of similar losses. I have, however, no doubt, that, not only from the valuable stock of experience which the Board Duw possess; but still more from the business habits of several gentle

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men who were added to the Board at our late meeting, the friends of Colonization may safely look for a very great improvement in the management of the pecuniary affairs of the Society. Among the acting members of the old Board, there were not enough gentlemen of such habits: and we bave all come to learn, that, in the direction of our great benevolent institutions, no amount of talent and piety will supply the lack of business habits.

I regret also to find, that some of the friends of our Society, are frightened by the debt of 40,000, that we owe. Let them but consider the share, which the Society proposes to have in renovating Africa and in blessing the people of our own land; and they will not continge to believe, that so inconsiderable an obstacle as a debt of $10,000, will long be suffered to stand in the way of our progress. The good which the friends of God and man have in view, in their support of the Colonization Society, would make the removal of far greater obstacles to the accomplishment of that good, appear but a small undertaking.

I hope you are finding leisure to finish your Life of Ashmun. A copy of your life of that great and good man should be in the hands of every man who cares for Africa, or her outcast children amongst us.

With great regard, your friend,

GERRIT SMITH. Rev. R. R. GURLEY.

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WASHINGTON, March 15, 1831. Dear Sir:-Enclosed, I send my annual substription to your Society on Mr. G. Smith's plan: and I take peculiar satisfaction in giving this proof of my uudiminished confidence in the plans and prospects of this benignant enterprise. With other friends of the Society, I was, at first, surprised by the developements of its pecuniary embarrassments, at the late annual meeting. But when the Report of the Managers explained the causes of these difficulties, my mind was relieved. It has been one of those adverse inci. dents which occur in every department of life; and instead of discouraging, should serve to animate us to greater zeal; and above all, to lead us to more humble dependence on the blessing of Him, without whose smiles, all efforts will be vain.

I am glad that you have fully and frankly spread your whole condition before the christian public. It will respond to your ingenuous course, with augmented confidence. I have no doubt that the Society will date this crisis as a new era in its history; at which, fresh impulses were imparted to its schemes of benevolence, and when large accessions of numbers to its patrons and amount to its resources, rápidly succeeded the temporary clouds that passed over it.

The debt of $10,000, which seems, to our opponents, to be so porten. tous, they may be assured, will be found of no serious moment. It will call

up the friends of the Society to stand by it in this hour of its peed; and I altogether mistake the principles and spirit of those friends, if a thousand channels of supply are not open, and this fountain of beneficence be not filled to overflowing. With great respect, Dear Sir,

Truly your's,

THEO: FRELINGHUYSEN. JOSEPH GALES, Sen. Esg.

Treasurer Am. Col. Society.

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LETTER FROM CAPTAIN VOORHEES, OF THE UNITED STATES

NAVY.

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UNITED STATES' SHIP JOHN ADAMS,

Cape Montserado, Liberia, December 14, 1833. SIR, I have this day the honor to report having carried into execution, conformably to my instructions, the various orders intrusted to my charge on our homeward bound route from the Mediterranean.

We arrived at the anchorage, in the bay of Montserado, on the evening of the 9th. Piracy has not afflicted this quarter for some time; and the inhabitants at the settlements, living in undisturbed peace and tranquillity, seem to entertain very encouraging confidence in their future security. The place, however, is not as secure as its importance demands; neither is it free from the want of many necessaries. A small fort is requisite for the defence of Monrovia, and the entrance of the harbor of the Montserado; both these objects may be attained in constructing it on an excellent position afforded by a commanding eminence near the margin of the river. The protection of the anchorage in the bay, also requires a small fort, on the height of the Cape, to secure the shipping against piracy. A few guns are now mounted there, on old defective carriages, answering a temporary purpose; but previous to this, I have been informed some American and British vessels were plundered whilst lying at their anchors. And subsequently to these guns being mounted at the Cape, some attempts were again made, it is supposed, with a view to plunder, but a brisk fire being opened from the heights, had the desired effect-since which the shipping has continued unmolested.

The vessels to this place, together with their several calls during the present year, amount to about ninety in number, many of them foreign, as well as American, of which I have herewith the honor to transmit a list. Materials, such as various implements or tools for the use of mechanics, sail-cloth, cordage, copper sheathing, copper bolts, copper spikes and nails, varnish, tar, pitch, paints, paint oil, variously assorted for all sorts of buildings and repairs, are very seriously wanted in a small way. Also, a few large sized six or eight oared carvil-built boats. Many applications were made to me for indispensable articles, the want of which precluded some of these people, in a manner, from employment, and from attending to their necessary occupations; but, being deficient in almost every thing, in consequence of our long cruise, we were able to supply but little. We furnished them, however, with a small boat, (the ship gig) some sails, powder, and shot, a few carpenters' and blacksmiths' tools, and other articles (of all of which I have also the honor to transmit a list, receipted for by the Acting Agent of the settlement,) and which I trust will meet the approbation of the Department. Our arrival here has happened most opportunely for the emigrants daily expected from Norfolk.

It appears that their supply, or rations, of rice, has yet to be procured from the Kroo country; and, without this supply, they would, in a little time, be almost in a state of starvation; and the Government schooner, on which they are dependent to procure this article, could not proceed to sea for the want of sails, and some other necessary materials. This difficulty we have removed, and the vessel will be enabled, in good time, to procure the requisite supply. The importance of this settlement here is daily developing itself, in various ways, and is already felt as a refuge of security and hospitality, both to the oppressed natives and the shipwrecked mariner. Lately, a French oil ship was cast away to the South of Grand Bassa, where the crew, about twenty in number, were kindly received by the settlers at that place, and from which they safely travelled, uninterrupted, along the sea shore to Monrovia. Here the generous hospitality of the people of Liberia, (though with humble means, and at their own expense) prompted them to fit out a conveyance for the seamen by the Government schooner, in which they were carried to their own settlement of Goree, (which circumstance was the cause of the schooner having worn out her sails and being unable to proceed to sea, for the requisite supply of rice heretofore mentioned.) And on our arrival here, I found a French man-of-war barque, the commander of which had been despatched by the Governor of Goree, to express the thanks of his country to the people of Liberia, for the charitable services which they had rendered their countrymen. Monrovia appears to be in a thriviog condition, and bears an air of comfort and neatness in the dwellings quite surprising. Several stone warehouses and stone wharss line the banks of the river; others are building, which, with several schooners loading and unloading or repairing, afford an aspect and an air of business common to a respectable white population. All seem to be employed; good order and morality prevailing throughout. But cultivators of the soil are mostly needed here. A few mechanics might do well; such as ship-carpenters, blacksmiths, sailmakers, and boat-builders, masons and house-carpenters, &c. They should all, however, be bound in articles of agreement, previously to coming out, to do something towards the clearing and cultivation of the soil, for the space of a few years. Some sailors are also needed. Cultivation has been very much neglected, and this circumstance has operated greatly to the disadvantage of the place. A species of emigrants arrive at times who are also very injurious to the prosperity and growth of the settlement. Idle, chey become paupers, and throw themselves on the charity of the industrious and frugal vettler, who kindly gives relief, but who may, in time, also become a pauper, if this evil

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