11,786. If that were so, you think a merchant carrying on a cash business would be able to increase his receipts?-I think so.

11,787. Is it your opinion, from your own experience, that a ready-money business is limited by the want of money in the hands of the fishermen and tenants in the district?-I think it is. I think if there was money there would be more trade done in a ready-money way than there is.

11,788. Are you aware that very little money, compared with the amount of their earnings, passes into the hands of the fishermen?-I have no means of knowing that exactly; but I don't see much money, among the fishermen. What money we get is principally from sailors returning from the south, and, of course, a little from the fishermen after settling time.

11,789. Do you find that your business is larger after settling time than at other times?-Last year it was larger, because there was a good Faroe fishing. This year I don't think there has been any difference.

11,790. Do your books show that there is a larger [Page 289] cash business done after settling time?-No, my books don't show that. I don't enter cash transactions in them.

11,791. How do you know that the business was larger at that time?-Just by noticing the daily or weekly drawings.

11,792. Did you keep notes of your weekly drawings?-I did at one time, but I have been so busy lately, and so much away from home, that I have not got that attended to.

11,793. How long is it since you kept notes of your weekly drawings which would show whether your business increased or not in the spring?-I think it was only in the first year that I was in business that I did so; but I can recollect pretty well about the average amount of my weekly drawings. In a small business like mine we can depend a good deal upon the memory for that.

11,794. And so far as your recollection serves you, you think your weekly drawings were larger at that period?-Yes. When there has been a good fishing, and the men have something to get at the settlement our drawings are usually larger after that.

11,795. Do you think that shows that the men prefer, when they have money in their hands, to deal with you rather than to deal with the fish merchant who employs them?-I don't think it does; at least I could not say that it does, because the fish merchant who employs them might be having a larger cash return at that time too.