In a recent advertisement in the _Australasian_ I observed public notice to be given that "the rich agricultural lands of the Kangatong estate, near Port Fairy, would be subdivided at an early date, and sold in farms to suit purchasers." What changes time doth bring! When I first saw the ground referred to, then known as "Cox's Heifer Station," how could one divine the transformation it was fated to undergo? As little in 1844 was prevision possible of the separate sale notices in which it would figure as the years rolled on. It epitomises the history of the district, perhaps of the colony. First of all, "that well-known fattening station known as Kangatong, with choice herd of cattle, stock-horses given in," etc. Then, "that fully improved, fenced, and subdivided sheep property, of which the wool is so favourably known to Melbourne buyers." Again, "that valuable pastoral estate of Kangatong, comprising 35,000 (let us say) acres of freehold"; and now, lastly, "those rich agricultural lands, divided into farms to suit purchasers." All these progressive wonders were to be evolved from the lone primeval waste upon which a solitary horseman then gazed in the autumn of 1844. And the wand of the squatter-sorcerer was to do it all. I might then have seen lakelets glittering in the sun, orchards and cornfields, barns and stables, mansion and offices, a village in itself, the spacious wool-shed and the scientific wash-pen, had I possessed the prophetic eye. But Fate held her secrets closely then as now. Only the vast eucalyptus forest, stretching unbroken to the horizon, waved its sombre banners before me. Only the scarce-trodden meadows of the waste lay unfed, untouched around me. I beheld a pastoral paradise without so much as a first inhabitant, and at which the very beasts of the field had hardly arrived. It was a spectacle sufficiently solemn to have awed a democrat, to have imbued even the Arch-Anti----, well, Anti-Capitalist, with some respectful consideration for pioneers, whether in toil or triumph. How I appeared on the scene at this particular juncture came about in this wise. When I first arrived in Port Fairy, the "Heifer Station" was what would be called in mining parlance "an abandoned claim," and possibly "jumpable," to use another effective expression with which the gold-fields have enriched the Australian vernacular. Mr. John Cox of Werrongourt had reconsidered his first intention of segregating the immature females of his herd--probably as too expensive--had withdrawn them and their herdsmen, leaving hut and yards untenanted, the run unoccupied. This last was now for sale with "improvements." I really can't recall the date of that comprehensive euphemism, which included everything, from a watch-box to a wool-shed, from a brush-yard to a family mansion. Perhaps about the time when the children of married servants advertised for were feelingly referred to as "encumbrances."