It seemed necessary, for the security of property among uninformed, and perhaps licentious people, as the greater part of those who go there are, that a strong toned government should exist, and the rights of property be clearly defined. Our next object, is to consider of a proposition made for the purchase of 5 or 6 millions of Acres, in order to lessen the domestic debt. An object of much consequence this, since the
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extinguishment of this part of the public debt would not only relieve from a very heavy burthen, but by demolishing the Ocean of public Securities, we should stop that mischievous deluge of speculation that now hurts our morals, and extremely injures the public affairs.