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 We give ii thls paper large part of the annual report of the Kentucky Co., lo lzatioa Society. 1t will inform the reader what the society has yet achiev- ed, tne principles by which 1t is govern ed, q tne prospects which prompt 1t 10 farther efforts. There is a moral su5lfmity in the attempt to colonize the aegroes of this country on the continent ot Atrica, which must make every thing felati g to it interesting. ltis DO less that an attempt to make reparation to that devoted land and race, for the dark and loag ages of suffering entailed upon 1t by the ayarice and cruelty of Europe. 1t IS an attempt to make atonement for the slave tradel and to set an ef1ectual barrier to that most gigantic evil. Itis an attempt to spread civilization and christianity over quarter of the globe. devoted to such high purposes, can any feel indifferent as toits success? With out reference to its bearing upon our own country is it possible to conceive a measure more entitled to the regard of of the enlightened philanthrophist and christian?

 But to us 1t comes recommended by other considerations. It proposes the means and the only means of freeing us from great and growing and danger our evil. It addresses itself to us not as philanthrophists, but as calculating and interested men. As such let us view it. The presence of negroes in this country is a curse. This, we be- heve, as an abstract position, no one will cali Tn question. It is the language of Jefferson; 1t is shown in the relative growth and prosperity of different sec tions of the tlnion-and 1t is shown ii those bitter prejudices and alienated feelings of different states, which in Eu- rope mark national antiquities. it is now settled that slave labor is the most expensive; and it is equally certain that slave labor will drive out free. We were particularly struck, during the last session of the legislature, with the uni form concurrence of the members. in. these views. But slavery is an evil en- tailed upon us, and we cannot at once get clear of it. And great as it is, it is probably a less evil than the presence of free negroes. This point is fully dis cussed in the report We have published, and need not Do here considereds