15,129. Do you think it probable that they could get credit anywhere else?-I certainly think so; and I think Williamson himself is in a position to go a great way in giving them credit.

15,130. Are you aware that Williamson commenced business with a very small capital?-I don't think he could have had much means; but I believe he has paid his fishermen in cash this season.

15,131. You mean that he has paid in cash any balances that were due?-I don't know that there were many balances due. I think the fishermen would not deal much with him, and he actually paid for the fish almost wholly in cash. I know that I sent him about £120 for the purpose.

15,132. Then, notwithstanding the obligation to fish that is laid on the tenants, Williamson has not been able to make a good business there?-I don't think he has, because, notwithstanding that the proprietor wished the tenants to deal with him as much as possible, they have not, in point of fact, done so more than they could possibly avoid. He is nearer to them, and they might get some things more conveniently from him than anywhere else. I am anxious to make it appear that I explained thoroughly to them, that if they could not arrange with him upon as favourable terms as with another, they were quite at liberty to do as they chose.

15,133. Is the letter I have shown you the only one that has passed on the subject of fishing with Stewart or any of the tenants on that estate?-The only one; and I have never had any complaints since it was written.

15,134. Have you had any experience in the management of property in other parts of Shetland?-Not a large experience, but I have a pretty good notion of the manner in which it is managed.

15,135. Can you say whether it is common for rents to be paid through the fish-merchant?-I believe it is rather common that the fish-merchant becomes responsible for the rents. The proprietor says to him, 'You have my fishermen, and you must pay their rents,' or something like that.

15,136. Do you know that, in point of fact, it is usual for a fish-curer to draw a cheque in favour of the proprietor for the rents of a large number of the fishermen employed by him?-I have seen it done. There is a small property in Delting that I have managed, where a number of the rents have been paid in that way; but there was no arrangement whatever that the fish-curer should pay the rents: they just came through him. I have got perhaps £50 at a time in that way.

15,137. You are also a bank agent?-Yes.

15,138. Has that practice not come within your knowledge as a bank agent?-I cannot say that it has.