The principle next in importance prescribes that registration _per se_ and alone shall give validity to transactions affecting land. Deposit of duplicate of the instrument, together with the record of the transaction by memorandum entered in the book of registration and endorsed on the grant by the Registrar-General, to constitute registration. This method is designed to give confidence and security to purchasers and mortgagees, through the certainty that nothing affecting the title can have existence beyond the transactions of which they have notice in the memoranda endorsed on the grant. My third principle aims at simplicity and economy by prescribing certain stereotyped forms of instruments available to each occasion to be supplied at the Registry Office, so that any man of ordinary sense and education may transact his own business, without the necessity of applying to a solicitor, except in complicated cases of settlements or entails, which are unusual in this colony. Many will admit that the system which I recommend might have been introduced at the first founding of this colony, with facility and very great advantage, but doubt its practicability now that titles have become complicated. Admitting a difficulty, I deny that it is insurmountable, or such as should cause us to hesitate in securing the advantage of transfer by registration. I do not propose a scheme involving violent or arbitrary interference with existing titles, but would leave it optional with proprietors to avail themselves of it or not. It will thus be gradual in its operation, yet will put titles in such a train that the desired result will eventually be obtained. Mr. Speaker, I cannot conclude without expressing my grateful sense of the compliment which the House has paid me, in listening with such marked attention to an address extended to an unusual length upon a subject admitted to be dry and unexciting. I propose, it is true, a sweeping measure of reform, yet not more thorough than the nature of the case imperatively demands. In this view, I am again borne out by the high authority of Lord Brougham, who, in a speech which I have before quoted, thus expresses himself: "The present system has grown out of ingenious devices to evade the oppressions of feudal tyrants, but under it we are subject to the tyranny of the legal profession, and burdens little less grievous. The reform, to be effectual, must be thorough. _Delenda est Carthaga_ must be our motto." THE LAND QUESTION IN NEW SOUTH WALES +Source.+--Fifty Years in the Making of Australian History (Sir Henry Parkes, 1892), pp. 70-71, 81-90, 148, 153