"I have gone over the respective statements with much care and anxiety, and have compared the different items entered to the debit and credit of the farm by both gentlemen with my own experience in such matters, and, on the whole, I have no hesitation in pronouncing them as nearly correct as, under the circumstances, they could be framed. Were I to draw up a statement of a farm of the like extent in this county, I believe the result would be still _less favourable_ for the farmer, because if we have such returns as are stated by Messrs Watson and Dudgeon, we obtain them by the application to our land of a larger quantity of foreign manure than those gentlemen seem to use."--(PETER BROWN, Linkwood, Elgin.) Some of the gentlemen to whom we wrote, whilst entirely concurring in the estimates of Messrs Watson and Dudgeon, have not authorised us to affix their names. Only three gentlemen, out of nearly fifty, have refused their assent on the ground of difference of opinion. The most important objection specified by any of them was, that the prices of grain assumed in No. II., as having been received before protection was withdrawn, were _higher_ than those warranted by the fiars' prices of the county. Such were, however, the actual prices received in those years by Mr Dudgeon; and the reader is requested to refer to the extract from Mr Nisbet of Lambden's letter for a corroboration as to that point. That there should be some difference of opinion is only natural, when the variations of soil, climate, and locality are considered; but we think it will generally be admitted, that the ordeal to which these estimates have been exposed, without exciting more challenge than we have just noticed, is a tolerably convincing proof of their general accuracy. The receipt of these statements has induced several gentlemen, in different parts of the country, to draw up further estimates of the working of farms in their own districts, and these documents we now proceed to lay before our readers-- No. III. STATEMENT of INCOME and EXPENDITURE on an Aberdeenshire farm of the ordinary description, taking the value of produce at an average of a series of years--say 19--previously to the late alteration of the law in relation to the importation of corn and cattle.--Extent, 250 acres. ANNUAL EXPENDITURE.