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    Chapter 24

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    "Welter upon the waters, mighty one--
    And stretch thee in the ocean's trough of brine;
    Turn thy wet scales up to the wind and sun,
    And toss the billow from thy flashing fin;
    Heave thy deep breathing to the ocean's din,
    And bound upon its ridges in thy pride,
    Or dive down to its lowest depths, and in
    The caverns where its unknown monsters hide
    Measure thy length beneath the gulf-stream's tide."

    Brainard's _Sea-Serpent._

    The colony had now reached a point when its policy must have an eye to
    its future destinies. If it were intended to push it, like a new
    settlement, a very different course ought to be pursued from the one
    hitherto adopted. But the governor and council entertained more moderate
    views. They understood their real position better. It was true that the
    Peak, in one sense, or in that which related to soil and products, was
    now in a condition to receive immigrants as fast as they could come; but
    the Peak had its limits, and it could hold but a very circumscribed
    number. As to the group, land had to be formed for the reception of the
    husbandman, little more than the elements of soil existing over so much
    of its surface. Then, in the way of trade, there could not be any very
    great inducement for adventurers to come, since the sandal-wood was the
    only article possessed which would command a price in a foreign market.
    This sandal-wood, moreover, did not belong to the colony, but to a
    people who might, at any moment, become hostile, and who already began
    to complain that the article was getting to be very scarce. Under all
    the circumstances therefore, it was not deemed desirable to add to the
    population of the place faster than would now be done by natural means.

    The cargoes of the two vessels just arrived were divided between the
    state and the governor, by a very just process. The governor had
    one-half the proceeds for his own private use, as owner of the Rancocus,
    without which vessel nothing could have been done; while the state
    received the other moiety, in virtue of the labour of its citizens as
    well as in that of its right to impose duties on imports and exports. Of
    the portion which went to the state, certain parts were equally divided
    between the colonists, for immediate use, while other parts of the cargo

    were placed in store, and held as a stock, to be drawn upon as occasion
    might arise.

    The voyage, like most adventures in sandal-wood, teas, &c., in that day,
    had been exceedingly advantageous, and produced a most beneficent
    influence on the fortunes and comforts of the settlement. A
    well-selected cargo of the coarse, low-priced articles most needed in
    such a colony, could easily have been purchased with far less than the
    proceeds of the cargo of
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