The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-05-27

Out I0r ltSeh dlnere0s poAcy. lh6s Poicy u
working we'll, and Messrs Stanton and Walker,
in recommending and urging the ratification Of
the Kansas constitution by the people Of Kansas,
have moet likely been acting by al authority
which will be sustained by the next Congress,
and by the country, North ard South. We await
with increased interest the report Of Governor
Walkers reception in Kansas, and of his intro
ductory address.
Virginia Colonization I'm 1857 and the Great
Angio-Amerscaa Schemes Of ls4s.
We devote the bulk of our news columns this
morning to the plans and estimates-full length
received from an attentive correspondent in Rich
mond of several Anglo-American land speculat-
ing companies, organized chiefly in London in
l848. These schemes comprehend the re-cOloniza-
ton of Virginia and the filling up with farmers
States, from Michigan to Texas. Accordingly, to
the careful pernsal of these recovered Documents,
we invite the attention Of our intelligent readers
as all Of them more or less, ere interested in the
subjects discussed -
The statistics Of emigration given in these pa
pers-the practical business regulations Of these
companies their facts and estimates in reference
to the purchase and settlement Of the cheap lands
Of Virginia and other States, WILL at this pArticu-
lar crisis, be very instructive and acceptable to
thousands upon thousands Of all classes of our
people, in every section of the Union. 1t will be
perceived that the English managers Of these
company schemes Of 1S4S proceeded to their
work like men Of business, directing their inqui-
ries To all the minutie and complications Involved
in the comprehensive enterprise of purchasing
lands in America and settling them with
emigraats from Europe. Hence, consider
ing the present universal land speculat-
ing mania, we have no doubt that
TO individual and combined land SPECTATORS,
colonizers and stockholders, these plans facts
and estimates of ls4S will prove to be not only
very interesting, but eminently useful and valu-
able, from the practical hints with which they
abound. We dare say that even Mr.. Thayer
himself will find In these papers many little
essentials in the practical business of buying
lands and colonizing them, which thus far may
have escaped his attention.
Our Richmond correspondent informs us Of
the immediate cause Of the collapse of
these schemes Of 1s4S, as furnished in the
case of the Western Virginia Land Com
pany, with capital Of $75O,OO0. He tells us
that this scheme was in forward state, and
had every chance Of success, when q number Of
its promoters applied to the Virginia Legislature
for a special act by which aliens could hold real
estate; but" says he, /" the first families felt
rather large for their trowsers and the privilege
which had been freely accorded in other States
as an act Of justice to the slien, was refused
And so, while the boue and sinew Of her
free white population were being drained
of to the West and Southwest, and while
her niggcrs were being shipped of by
thousands to the New Orleans market, Old vir-
gnia, with her beggary self conceit and obstinate
stupidity, refused those generous offers to supply
the vacuum which would have lifted her speedily
into solvency and prosperity. Her case is some
what like that Of the seedy Don Caesar de Bazan.
Shorn of the estates of his ancestors and reduced
to rags from his prohigate habits, he yet plumes
himself upon his dignity, his rank and his chival
ry and in his soicitude for these, he despses the
sympathy of the vulgar herd for bis naked back
and his empty stomach
In 1S4s, however, another cause, unexpected,
but all-powerful operated to disband those Anglo
American land specializing and colonization com.
panies 1t was the discovery Of gold in Califor-
mia, and subsequently, with the same discoveries
in Australia, a new direction was given to the
financial, commercial and emigration movements
of the age. Thus II is that these land specializing
schemes Of lS4s have been sunk In oblivion, till
recently recovered from tho cobwcbs by our
Richmond correspondent. Now they are in sea-
con- The California gold fever has died out the.
Australian excitement has subsidized into the regu-
lar channels Of ordinary busincss-the Russian
war has given way to the pacifcation of Europe
our Presidential election Is over-the Union
survivcs-the Know Nothing scarc-crow set I'D
on this side the Atlantic, has been Knocked to
pieces, and again the various currents of Eu-
ropean exodus are directed TO our Atlantic ports;
and land land! is the universal cry.
The Kansas experiments Of joint stock cmigra-
ton movements have opened new field for the
spectators and stockholders Gehl az vast az
this great confederation a. boundless IA the
waste lands Of the globe. The free States of the
great West being pretty well filled up and over
done, and Virginia and the other border slave
States, with their fine climate and genial soils,
being comparatively depopulstcd, the attention
of Mr.. Eli Thayer and other entcrprising men
has been called In that direction. Bonce tho
organization Of the American Homestead Com
pany, for the free white rc-colonizaton and re-
generation of Old Virginia il she will; and of
Kentucky and Missouri, If Old Virginia should
still stick 10 her dignity and her poverty. Most
likely che viii, if we may judge from the policy
of her ruling democracy in reference to her State
election, which comes of on Thursday. This
ruling party which refuses to accept virginias
share Of the public lands, will hardly consent, as
vof 40 N,e Introduction of an7 rpinforcon,opts IN