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as abundant as those which are commonly found of lead�察�or copper��

or tin�察�or iron。 The dream of Sir Walter Raleigh concerning the

golden city and country of Eldorado�察�may satisfy us that even

wise men are not always exempt from such strange delusions。 More

than a hundred years after the death of that great man�察�the

Jesuit Gumila was still convinced of the reality of that

wonderful country�察�and expressed with great warmth�察�and I dare to

say with great sincerity�察�how happy he should be to carry the

light of the gospel to a people who could so well reward the

pious labours of their missionary。

     In the countries first discovered by the Spaniards�察�no gold

or silver mines are at present known which are supposed to be

worth the working。 The quantities of those metals which the first

adventurers are said to have found there had probably been very

much magnified�察�as well as the fertility of the mines which were

wrought immediately after the first discovery。 What those

adventurers were reported to have found�察�however�察�was sufficient

to inflame the avidity of all their countrymen。 Every Spaniard

who sailed to America expected to find an Eldorado。 Fortune�察�too��

did upon this what she has done upon very few other occasions。

She realized in some measure the extravagant hopes of her

votaries�察�and in the discovery and conquest of Mexico and Peru

��of which the one happened about thirty�察�the other about forty

years after the first expedition of Columbus���察�she presented them

with something not very unlike that profusion of the precious

metals which they sought for。

     A project of commerce to the East Indies�察�therefore�察�gave

occasion to the first discovery of the West。 A project of

conquest gave occasion to all the establishments of the Spaniards

in those newly discovered countries。 The motive which excited

them to this conquest was a project of gold and silver mines�察�and

a course of accidents�察�which no human wisdom could foresee��

rendered this project much more successful than the undertakers

had any reasonable grounds for expecting。

     The first adventurers of all the other nations of Europe who

attempted to make settlements in America were animated by the

like chimerical views�察�but they were not equally successful。 It

was more than a hundred years after the first settlement of the

Brazils before any silver�察�gold�察�or diamond mines were discovered

there。 In the English�察�French�察�Dutch�察�and Danish colonies�察�none

have ever yet been discovered�察�at least none that are at present

supposed to be worth the working。 The first English settlers in

North America�察�however�察�offered a fifth of all the gold and

silver which should be found there to the king�察�as a motive for

granting them their patents。 In the patents to Sir Walter

Raleigh�察�to the London and Plymouth Companies�察�to the Council of

Plymouth�察�etc。�察�this fifth was accordingly reserved to the crown。

To the expectation of finding gold and silver mines�察�those first

settlers�察�too�察�joined that of discovering a northwest passage to

the East Indies。 They have hitherto been disappointed in both。

                            PART 2

             Causes of Prosperity of New Colonies 

     THE colony of a civilised nation which takes possession

either of a waste country�察�or of one so thinly inhabited that the

natives easily give place to the new settlers�察�advances more

rapidly to wealth and greatness than any other human society。

     The colonists carry out with them a knowledge of agriculture

and of other useful arts superior to what can grow up of its own

accord in the course of many centuries among savage and barbarous

nations。 They carry out with them�察�too�察�the habit of

subordination�察�some notion of the regular government which takes

place in their own country�察�of the system of laws which support

it�察�and of a regular administration of justice�察�and they

naturally establish something of the same kind in the new

settlement。 But among savage and barbarous nations�察�the natural

progress of law and government is still slower than the natural

progress of arts�察�after law and government have been go far

established as is necessary for their protection。 Every colonist

gets more land than he can possibly cultivate。 He has no rent��

and scarce any taxes to pay。 No landlord shares with him in its

produce�察�and the share of the sovereign is commonly but a trifle。

He has every motive to render as great as possible a produce��

which is thus to be almost entirely his own。 But his land is

commonly so extensive that�察�with all his own industry�察�and with

all the industry of other people whom he can get to employ�察�he

can seldom make it produce the tenth part of what it is capable

of producing。 He is eager�察�therefore�察�to collect labourers from

all quarters�察�and to reward them with the most liberal wages。 But

those liberal wages�察�joined to the plenty and cheapness of land��

soon make those labourers leave him�察�in order to become landlords

themselves�察�and to reward�察�with equal liberality�察�other

labourers�察�who soon leave them for the same reason that they left

their first master。 The liberal reward of labour encourages

marriage。 The children�察�during the tender years of infancy�察�are

well fed and properly taken care of�察�and when they are grown up��

the value of their labour greatly overpays their maintenance。

When arrived at maturity�察�the high price of labour�察�and the low

price of land�察�enable them to establish themselves in the same

manner as their fathers did before them。

     In other countries�察�rent and profit eat up wages�察�and the

two superior orders of people oppress the inferior one。 But in

new colonies the interest of the two superior orders obliges them

to treat the inferior one with more generosity and humanity�察�at

least where that inferior one is not in a state of slavery。 Waste

lands of the greatest natural fertility are to be had for a

trifle。 The increase of revenue which the proprietor�察�who is

always the undertaker�察�expects from their improvement��

constitutes his profit which in these circumstances is commonly

very great。 But this great profit cannot be made without

employing the labour of other people in clearing and cultivating

the land�察�and the disproportion between the great extent of the

land and the small number of the people�察�which commonly takes

place in new colonies�察�makes it difficult for him to get this

labour。 He does not�察�therefore�察�dispute about wages�察�but is

willing to employ labour at any price。 The high wages of labour

encourage population。 The cheapness and plenty of good land

encourage improvement�察�and enable the proprietor to pay those

high wages。 In those wages consists almost the whole price of the

land�察�and though they are high considered as the wages of labour��

they are low considered as the price of what is so very valuable。

What encourages the progress of population and improvement

encourages that of real wealth and greatness。

     The progress of many of the ancient Greek colonies towards

wealth and greatness seems accordingly to have been very rapid。

In the course of a century or two�察�several of them appear to have

rivalled�察�and even to have surpassed their mother cities。

Syracuse and Agrigentum in Sicily�察�Tarentum and Locri in Italy��

Ephesus and Miletus in Lesser Asia�察�appear by all accounts to

have been at least equal to any of the cities of ancient Greece。

Though posterior in their establishment�察�yet all the arts of

refinement�察�philosophy�察�poetry�察�and eloquence seem to have been

cultivated as early�察�and to have been improved as highly in them

as in any part of the mother country。 The schools of the two

oldest Greek philosophers�察�those of Thales and Pythagoras�察�were

established�察�it is remarkable�察�not in ancient Greece�察�but the one

in an Asiatic�察�the other in an Italian colony。 All those colonies

had established themselves in countries inhabited by savage and

barbarous nations�察�who easily gave place to the new settlers。

They had plenty of good land�察�and as they were altogether

independent of the mother city�察�they were at liberty to manage

the

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