IN consequence of the determination of Messrs. Dalrymple and Beaver, to attempt a settlement on the island of Bulama, they had made known their intentions on that subject to some of their military friends, who eagerly joined in their views, and in a few days the following gentlemen

met at Old Slaughter's Coffee-house, and formed themselves into a society for the purpose of establishing a settlement upon an eligible spot on the western coast of Africa: and, being the original subscribers, constituted themselves a committee to open a subscription, and to form regulations for the purpose of carrying their views into effect.

The island of Bulama, at the mouth of the Rio Grande, on the western coast of Africa, in the 11th degree of north latitude, was the spot fixed upon as the best adapted to the commencement of our undertaking.

We knew that it was uninhabited, and had every reason to believe that there would be no difficulty in purchasing it from those neighbouring chiefs who might claim it as their property; to establish ourselves on an island, instead of on the continent, was thought most eligible, as we should be more secure from any hostile attack, if any quarrel should unfortunately arise with the natives; and quarrels with them would be less likely to occur, as our insular situation would put it out of the power of the colonists to wander into any of the native villages; moreover, Mr. Dalrymple, when serving with his regiment last war, on the island of Goree, had collected much information, relative to this island – its harbours, productions, soil, &c. But what finally induced us to make this choice, was the very favourable account given of it by Mons. De la Brue, who had been director-general of the French Senegal Company, and who had visited this island in the year 1700.