3707. Then is it quite correct to say, as you say [Page 89] here, that the price paid to the fishermen for their fish is the current price of the country?-Yes.

3708. Is it not rather the price which each fish-merchant estimates that he can afford to give?-The price which each fish-merchant pays makes the current price of the country; and, so far as I know, the price that the fish-curers in Shetland have got this year for dry fish has been £23 per. ton. They have all been sold at the same price to south-country merchants.

3709. You believe there has been no difference?-I don't think there has been any difference this year at all.

3710. But in one part of your statement you point out that the sum, left as remuneration to the curer for the season's work is not very large: does not that rather go to show that the fish-curer does not take into consideration so much the current price as the price which is actually paid to him for his fish?-It is the price that he receives for his fish which enables him to say exactly what price he can afford to pay to the fishermen. I think the curers this year have all been paid the same price for ling, and I believe it was considered a very high price.

3711. Is there generally much difference in the prices which different curers get?-Very seldom; sometimes 10s. or sometimes £1. If there is a great demand for fish, some merchants, by holding on later than others, may obtain an advance of that amount, and in that case they might give their fishermen a little more. Perhaps they do so, and get more of them to fish for them another year.

3712. But the fishermen who are bound to fish for a particular merchant don't get the benefit of such an increased price?-There are not very many fishermen bound to fish, so far as I know; only a few cases.

3713. To return to Whalsay: you say there are very few debts in the books there, and that the people are considered to be in good circumstances?-There are almost no debts due to Hay & Co. there.

3714. Therefore, in settling, there is universally a balance in favour of the fishermen?-Universally the balance is in favour of the fishermen, and sometimes they are pretty large balances.

3715. Can you speak to the prices at which goods are sold in the shop at Whalsay? Is it the market price in Lerwick?-We charge the Lerwick prices at Whalsay, with a small addition to cover the expenses of transit.

3716. What may be the percentage of that addition?-I cannot say; it varies. Perhaps it would be 21/2 per cent. additional. The men being free, we are desirous sell as low as possible, in order to secure their custom, because they are very near Lerwick, and they can perhaps supply themselves elsewhere.