The merino stock of George III., from which the Australian stocks were partly drawn, was sent to that monarch by the Spanish cortes. The king's love of rural pleasures was thus instrumental in adding immense wealth to his empire.

It was not until 1820, that settlers of Van Diemen's Land entered the career of improvement. The original stock were introduced by Colonel Paterson: a mixture of Teeswater, Leicester, and Bengal breeds. The lieutenant-governor was anxious to improve the quality by an importation of merino lambs. By an engagement with Macarthur, three hundred were shipped at Sydney;[114] but more than one-third died: the rest were distributed to the settlers by lot, who gave the engagements to repay at the stipulated sum, and who received facilities for the experiment in suitable tickets of occupation. Macarthur received, at 7s. 6d. per acre, 4,368 acres of land for the 300 lambs, valued to the crown at £5 per head.[115] From this date the wool of the Tasmanian flocks became known to commerce.

Van Diemen's Land wool was not an article of export until 1819. Only 71,000 pounds had been sent to London from New South Wales, but some had realised even 7s. 6d. per lb.; in one instance 10s., it is said, by a friendly competition: a sum three times greater than the English price of the finest continental wool. A specimen had been manufactured for George IV., and which so pleased him that he directed Sir J. Bloomfield to enquire if more could be obtained in England. There seemed now no hesitation in giving credit to Macarthur's prediction, that the boundless pastures of New South Wales would relieve the manufacturers of dependence on Spain.

That great encouragement had not been afforded, and greater progress accomplished, may be considered surprising. The wool of commerce was still inconsiderable; although the flocks of both colonies amounted to 200,000. Before the merino was first introduced, the fleece was considered worthless. The operation of shearing was often delayed until the sheep were injured: it was a deduction from the profit. The wool was burned, or thrown into the stock-yards as manure.

In 1819, the captain of the Regalia accepted a proportion of Van Diemen's Land wool, in exchange for merchandise: it had no market price, its expenses were considerable, and a duty of 3d. was levied at London. A sample was seen by Mr. Hopkins lying in the docks in the worst possible condition: the speculation was a failure. The colonial government bought several tons a few months after at 3d. per lb. for mattresses, a sum that scarcely paid for its conveyance from the interior. The duty, formerly 3d., was reduced, on the recommendation of the commissioner, to 1d. per lb.

To Mr. Henry Hopkins the public are indebted for the first appreciation of Tasmanian wool. In September, 1821, he offered by advertisement a price in money, and bought at 4d. per lb. Twelve bales sold in London, the entire wool export of the colony, for 7d. per lb., or £88: the expenses were nearly half that sum. The merchants, however, continued to purchase, and the settlers to improve their flocks. In 1823, five hundred and fifty bales were exported in the Deveron, and an equal quantity in other vessels; and the wool of Clarendon rivalled the flocks at Port Jackson.

FOOTNOTES:

[111] Bigge's Report.

[112] Par. Pap.

[113] Bigge's Report.