On the eastern neck of land, the extension of the town has been stopped by the Government House, and the adjoining domain, which occupies the whole of Bennilong's Point, a circumstance the more to be regretted, as the water all along this point is of still greater depth than on the western side of the Cove, and consequently affords still greater facilities for the erection of warehouses and the various important purposes of commerce.
The appearance of the town is rude and irregular. Until the administration of Governor Macquarie, little or no attention had been paid to the laying out of the streets, and each proprietor was left to build on his lease, where and how his caprice inclined him. He, however, has at length succeeded in establishing a perfect regularity in most of the streets, and has reduced to a degree of uniformity, that would have been deemed absolutely impracticable, even the most confused portion of that chaos of building, which is still known by the name of "the rocks;" and which, from the ruggedness of its surface, the difficulty of access to it, and the total absence of order in its houses, was for many years more like the abode of a horde of savages than the residence of a civilized community. The town upon the whole may be now pronounced to be tolerably regular; and, as in all future additions that may be made to it, the proprietors of leases will not be allowed to deviate from the lines marked out by the surveyor general, the new part will of course be free from the faults and inconveniences of the old.
This town covers a considerable extent of ground, and would at first sight induce the belief of a much greater population than it actually contains. This is attributable to two circumstances, the largeness of the leases, which in most instances possess sufficient space for a garden, and the smallness of the houses erected in them, which in general do not exceed one story. From these two causes it happens, that this town does not contain above seven thousand souls, whereas one that covered the same extent of ground in this country would possess a population of at least twenty thousand. But although the houses are for the most part small, and of mean appearance, there are many public buildings, as well as houses of individuals, which would not disgrace the best parts of this great metropolis. Of the former class, the public stores, the general hospital, and the barracks, are perhaps the most conspicuous; of the latter the houses of Messrs. Lord, Riley, Howe, Underwood and Nichols.
The value of land in this town is in many places half as great as in the best situations in London, and is daily increasing. Rents are in consequence exorbitantly high. It is very far from a commodious house that can be had for a hundred a year, unfurnished.
Here is a very good market, although it is of very recent date. It was established by Governor Macquarie, in the year 1813, and is very well supplied with grain, vegetables, poultry, butter, eggs and fruit. It is, however, only held three times a week; viz. on Mondays, Wednesdays and Fridays. It is a large oblong enclosure, and there are stores erected in it by the Governor, for the reception of all such provisions as remain unsold at the close of the market, which lasts from six o'clock in the morning in summer, and seven o'clock in winter, until three o'clock in the evening. The vender pays in return a small duty to the clerk of the market, who accounts quarterly for the amount to the treasurer of the police fund. The annual amount of these duties is about £130.*
[* Vide Market Duties in the Appendix.]
Here also is a Bank, called "The Bank of New South Wales," which was established in the year 1817, and promises to be of great and permanent benefit to the colony in general. Its capital is £20,000, divided into two hundred shares. It has a regular charter of incorporation, and is under the controul of a president* and six directors, who are annually chosen by the proprietors. The paper of this bank is now the principal circulating medium of this colony. They discount bills of a short date, and also advance money on mortgage securities. They are allowed to receive in return an interest of 10 per cent. per annum.
[* See Appendix.]
This town also contains two very good public schools, for the education of children of both sexes. One is a day school for boys, and is of course only intended to impart gratuitous instruction:--the other is designed both for the education and support of poor and helpless female orphans. This institution was founded by Governor King, as long back as the year 1800, and contains about sixty children, who are taught reading, writing, arithmetic, sewing, and the various arts of domestic economy. When their education is complete, they are either married to free persons of good character, or are assigned as servants to such respectable families as may apply for them. At the time of the establishment of this school there was a large tract of land (15,000 acres,) attached to it; and a considerable stock of horses, cattle, and sheep, were also transferred to it from the government herds. The profits of these stock go towards defraying the expences of this school, and a certain portion, fifty or a hundred acres of this land, with a proportionate number of them, are given in dower with each female who marries with the consent of the committee intrusted with the management of this institution.
Besides these two public schools in the town of Sydney, which together contained, by the last accounts received from the colony, two hundred and twenty-four children, there are establishments for the gratuitous diffusion of education in every populous district throughout the colony. The masters of these schools are allowed stipulated salaries from the Orphan Fund. Formerly particular duties, those on coals and timber, which still go by the name of "The Orphan Dues," were allotted for the support of these schools; but they were found to be insufficient, and afterwards one-fourth, and more recently one-eighth, of the whole revenue of the colony was appropriated to this purpose. This latter portion of the colonial revenue may be estimated at about £2500, which it must be admitted could not be devoted to the promotion of any object of equal public utility.