2732. Is that the price you would give in cash for such a shawl?-I am not prepared to say that. Until a cash tariff comes in, I could not decidedly say what I would give for it.

2733. Is that because of the rarity of your dealings in cash?-It is not exactly that; I should think that there would be an ordinary profit.

2734. I am speaking of a shawl that would sell in the south for 30s.; would the price you give for that shawl in goods be 26s. 6d.?-No; would be nearer 30s. in goods, perhaps about 28s. 6d.

2735. And if you were to buy it for cash, the price would be from 25s. to 26s.?-Perhaps about 26s.

2736. Then, if a similar shawl were made by your own knitters, how would you calculate the cost of production? would you supply a certain amount of Shetland wool?-Yes.

2737. How much would it require?-I think it would require about 35 or 36 cuts at 4d.-12s.; 13s. for the knitting of the shawl, and 6d. for the dressing; making 25s. 6d. That is for a white shawl, without speaking of dyeing at all.

2738. Do you deal in the commoner hosiery?-Yes.

2739. Is the system pursued in that business the same as you have described?-Yes.

2740. There is no difference that you think worth referring to?- No.

2741. Do you agree generally with Mr. Sinclair on all the other points he has spoken to?-I do.