7194. By free on board, do you mean free on board at Simbister?-Yes.

7195. You think that shipment and re-shipment would not cost 1s. per cwt.?-I don't think it would.

7196. Therefore there would be some margin of profit upon the kelp bought at 4s. 6d. and sold at 5s. 6d.?-If you buy the kelp at 4s. 6d. and pay 1s. of royalty, then it is actually costing you 5s. 6d., and there is no margin left for the expense of receiving and shipping and transhipping again.

7197. But I understood you to say that there was no royalty actually paid by Hay & Co.?-Neither there is; but they have the same right to receive that royalty, or to calculate upon that royalty as if it were paid, they being in the position of proprietors of the property.

7198. You have said that the amount of cash paid to the fishermen at settlement was about £553, and that the average amount due by each man for goods to his family would be £3, 8s. 6d.: would there be no cash advances to them during the season?-Yes.

7199. These would be included in that sum?-Yes.

7200. Would the amount of these advances be material?-I am not prepared to say how much they would be. It would depend upon the necessities of the man. I think in one case they amounted to £12, 9s. 6d.

7201. Was that sum paid in cash before settlement?-Yes.

7202. That would be nearly the amount of his total earnings?-It would be nearly the amount of the average earnings; but that man had very high earnings.

7203. I believe you have made some calculation as to the total amount of summer fish bought: what is it?-During the ten years I have been manager at North Roe, there have been summer fish bought to the value of about £7000; and during the same time the cash paid at settlement has been about £4420. That includes the rents of tenants who have fished; but it does not include the cash advanced to them through the year, which in some years has been pretty considerable. The following is a statement for the last four years, of the value of the fishings, and the amount paid in cash at settlement: Cash Paid at Value of Fishings. Settlement. 1868 About £400 £290 1869 704 335 1870 1003 540 1871 1220 723