The rise in the value of landed property, in this country, has been progressive, ever since my attention has been turned to the subject (now more than 40 years); but for the last three or four of that period, it has increased beyond all calculation, owing in part to the attachment to, and the confidence which the people are beginning to place in, their form of Government; and to the prosperity of the country from a variety of concurring causes, none more than to the late high prices of its produce.

From what I have said, you will have perceived that the present prices of Land in Pennsylvania are higher than they are in Maryland and Virginia, although they are not of Superior quality. Two reasons have already been assigned for this, first, that in the settled part of it, the land is divided into smaller farms, and more improved; and 2^dly being, in a greater degree than any other, the recepticle of emigrants, these receive their first impressions in Philadelphia, and rarely look beyond the limits of the State; but besides these, two other causes not a little operative may be added; namely, that until Congress passed general Laws relative to naturalization and citizenship, foreigners found it easier to obtain the priviledges annexed to them in this state than elsewhere; and because there are Laws here for the gradual abolition of Slavery, which neither of the two States above mentioned have, at present, but which nothing is more certain than that they must have, and at a period not remote.