Blackwood's Edinburgh Magazine, Volume 66, No. 408, January 1849. Various

4

Lest this seem an exaggeration, I venture to annex an extract from a MS. letter to the author from Mr George Blakeston Wilkinson, author of South Australia.

"I will instance the case of one person who had been a farmer in England, and emigrated with about £2000 about seven years since. On his arrival, he found that the prices of sheep had fallen from about 30s. to 5s. or 6s. per head, and he bought some well-bred flocks at these prices. He was fortunate in obtaining a good and extensive run, and he devoted the whole of his time to improving his flocks, and encouraged his shepherds by rewards; so that, in about four years, his original number of sheep had increased from 2500 (which cost him £700) to 7000; and the breed and wool were also so much improved that he could obtain £1 per head for 2000 fat sheep, and 15s. per head for the other 5000, and this at a time when the general price of sheep was from 10s. to 16s. This alone increased his original capital, invested in sheep, from £700 to £5700. The profits from the wool paid the whole of his expenses and wages for his men."

5

I felt sure, from the first, that the system called "The Wakefield" could never fairly represent the ideas of Mr Wakefield himself, whose singular breadth of understanding, and various knowledge of mankind, belied the notion that fathered on him the clumsy execution of a theory wholly inapplicable to a social state like Australia. I am glad to see that he has vindicated himself from the discreditable paternity. But I grieve to find that he still clings to one cardinal error of the system, in the discouragement of small holdings, and that he evades, more ingeniously than ingenuously, the important question – "What should be the minimum price of land?"

6

"The profits of cattle-farming are smaller than those of the sheep-owner, (if the latter have good luck, for much depends upon that,) but cattle-farming is much more safe as a speculation, and less care, knowledge, and management are required. £2000, laid out on 700 head of cattle, if good runs be procured, might increase the capital in five years, from £2000 to £6000, besides enabling the owner to maintain himself, pay wages, &c." —MS. letter from G. B. Wilkinson.

7

Dingoes– the name given by Australian natives to the wild dogs.

8

Not having again to advert to Uncle Jack, I may be pardoned for informing the reader, by way of annotation, that he continues to prosper surprisingly in Australia, though the Tibbets' Wheal stands still for want of workmen. Despite of a few ups and downs, I have had no fear of his success until this year, (1849,) when I tremble to think what effect the discovery of the gold mines in California may have on his lively imagination. If thou escapist that snare, Uncle Jack, res age, tutus eris, – thou art safe for life!

9

Light of Nature – chapter on Judgment.– See the very ingenious illustration of doubt, "whether the part is always greater than the whole" – taken from time, or rather eternity.

10

Sir Philip Sidney.

11

Lord Hervey's Memoirs of George II.

12

Shaftesbury.