2645. But if it were a sale of goods that she spoke of, that would not be entered in your books at all?-No, not if it were a sale of goods.

2646. Is there any other point you wish to speakto?-I should wish to make a remark or two about the value of a Shetland shawl. It was stated before the last Commission that a Shetland shawl could be made for very little money. I heard Mr. Laurenson's evidence about that, and I was rather surprised to hear that a 30s. shawl could be made for so little as he stated, or anything approaching to it. It certainly has not been my experience. For a 30s. shawl the worsted would cost 10s.; and if Mr. Laurenson meant a real Shetland shawl, I should say it would cost 12s. at any rate. I consider that the prime cost of a Shetland shawl that would bring 30s. would be this: thirty-six cuts at 4d., 12s.; knitting, 14s.; dressing, 6d.-in all, 26s. 6d.

2647. The 30s. at which that shawl would sell in the south would be the price charged by the retail dealer there?-No. I don't know what the retail dealer's charge for it would be.

2648. Then the 30s. is your charge for it?-Yes.

2649. That is 3s. 6d. you would have on it?-Yes.

2650. Is not that a profit?-Well; it is not a very heavy one.

2651. But still there is a profit?-Did I ever say that we had no profit?

2652. I thought you rather made out that the only profit you had was on the goods you sold?-I am speaking here of the cash value of the thing. We don't get our wool for barter; the wool costs us cash

2653. You allow something for interest on the price of the wool?-Yes. I say that is what I would have to pay for a shawl of that value in cash if I were buying it, or if I were trying to get it made.

2654. You would pay 26s. 6d., and you would sell it at 30s.?- Yes.