10,131. That would only be 18s. per cwt?-Yes; but we give skipper's fees, and a great deal of perquisites to the crew, which will come to another shilling. The men have lines of their own, and the skipper always gets a fee.

10,132. Then the 2s. extra is intended to cover that?-Yes, and our profit.

10,133. Do you allow yourselves a commission?-Yes; and I think we require it. The hire we take for the boat never covers the price of the boat. I may say that, in my experience, boats which originally cost £20 stand us in £32 when they are worn out, after we have got credit for all the hires charged on them. There is therefore a considerable loss on boats. The hire cannot nearly meet current expenses, much less pay for the original price.

10,134. How do you mean that the boat stood you in £32?-I give sails every second year, and a new sail costs about £2, 10s. Then there is the carpenter's work every year in repairing the boat, and there are oars and everything to be kept up. Taking these things into consideration, the result of the debtor and creditor account of some our boats was that they cost £20 originally, and when worn out they had cost £32.

10,135. What was the hire of these boats?-48s. a year-8s. a man. That was credited to the boat.

10,136. What is the life of a boat?-It is sometimes only a year.

10,137. But that is when she is lost?-No; we sometimes build what appears to be a very good boat, and the carpenter says she is first-class; but when the fishermen take her to sea they find she is very bad, and they throw her on our hands, and we cannot use her.

10,138. Does that often happen?-Very often.

10,139. Then the hiring of boats is a very unprofitable business?- It is; indeed I should be very glad if the fishermen would buy their own boats; and if the Government would assist them in that, it would be a very good thing. The life of a good boat may be about twelve years.

10,140. Is it not an exceptional case where the boat is thrown up at the end of the year?-No, it is very common at the end of one year or two years.