Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1868-06-12

IMIoRAuos.--Th following circular,
addressed TO the people Of the South, by
Mr. John Everiii, Of London, will be read
With interest by those 10 this city who
during lherecen, visit Of that gentleman,
united with him 10 the Inauguration Of a
movement looking 10 the development
aud population Of the waste lands Of the
South: ie'
II NEW YoRK ciry. Nay q. lses.
To the friends Of colonization In the sou,hi
Having closed my tourof observation,
Il gives me great pleasure 70 assure you
Of my high appreciation OF all that l have
seen. Your natural resources are great,
beyond my power ofexpression, and only
need labor 10 make your country power
fol, wealthy and great, beyond anything
the world has seen.
I attempted feebly 10 point out, while
In your midst, some Of the advantages you
possess; and desiring to do you good, l
suggested plan Of systematic orgsniza-
ton aud cooperation, which, II efficiently
adopted, win, in my opinion, give you
both labor and means TO till your uuoccu'
pied lands, and make them the future
homes Of. intelligent, industrious, and
happy people. With unanimity which
has astonished me, my suggestions have
heen approved; and we have only met
with one single impsdiment in carrying
them out, viz: Absence Of legislation
providing for such organizations.
Upon examination, We find that CON-
papy may be organized under the laws
Of New York for agricultural land other)
purposes, issue its shares in purchase Of
lands in any State mot prohibiting a
foreign company from holding lands in
its limits.) With this view, company
has been organized in this city, with a
capital Of $2,000,000, nine-tenths Of
which is offered to land owners for lands
at fair prices, and one tenth will be sold
for money to be used as needed in the i'm
provement Of the small farms Of the com
pany for the accommodation Of colonists.
twill be seen at once that the company
ia founded upon the principle Of co.opera'
ton, by two classes Of persons; the one
furnishing the money, labor, and inhu-
ences, which put improvements and peo-
pie upon the lands; tho other furnishing
lands; the result is the co. operation of
both classes, each class participating
equally 10 the benefits.
| have consented TO take the position
of Honorary President of the company;
aud Everitt, Lucas 4 Co., (of which firm
I an a msmber) of 40 Lombard street,
London, will act as agents. On my re-
turn 20 England, i propose publishing
the many valuable facts obtained by me
in my late tour, in such form as TO bring
them prominently before the public. AL.
ready my letters from England assure
me very lively interest is aroused,
which encourages me to believe that l
am not mistaken in the opinion ex-
pressed, that numbers of my fellow coun.
trymen will be glad to avail themselves
Of the opportunities you can offer. Gen.
R. V. Richardson, as President Of the
com papy, and other officers, will pass
over the line of our late tour, and will
take subscriptions of land to the capital
stock of the company.
May bespesk for them a continuance
Of the courtesies shown me, and trust that
you will Immediately subscribe portion
of your lands for the purpose of putting
this movement into practical operation?
Faithfully yours, JouS EvERIrT.