The fact of altering the price of land at all would impair the character for stability which forms one of the principal causes of the success of our land system. In. the second place, to give effect to the change would require some two years, during which period the prospect of an altered price would itop purchases, and the province would fall into financial embarrassment. In the third place, by the very nature of the case, the sales of land at a pound, if the scheme were successful, would take place within a very short period, and the Treasury would experience an unwholesome plethora of wealth. According to the plan, the money must be spent forthwith upon works which shall improve the value of the remaining country, in order to make sales at an enhanced price. Labour must be introduced in large quantities to carry on those works. But the supply of money would cease as suddenly as it began; and when the works should be finished, the country would be more bare of revenue than it is now, and gangs of working men would be thrown out of employment. Further, when the time needed to bring about the change is considered, and the certain relapse afterwards is remembered, it does not appear that the net amount to be realised by Mr., Travers's scheme would exceed greatly, if at all, the income to be derived from steady Bales at present rates. When to these considerations is added that of the mischievous character of change of any kind, and the want of financial soundness in the plan proposed, there needs no more argument to show why the scheme is generally disapproved of. But there is something undeniably attractive in the prospect of handling a good round sum of money, and creating a brisk if not lasting revival of activity in business; and Mr. Travers is not without supporters accordingly. We have given the subject some pro minence, although the scheme will hardly survive the election, because our readers outside the colony will be anxious to know all that is proposed to be done respecting the land and re sources of the province. The General Assembly candidates stand next in order of interest, as the j elections are now close at hand. Some of the seats will be contested; Kaiapoi between Mr. Travers and Mr. Beswick; Avon between Mr. C. 