most successful business has been established in Dunrossness by Mr. Gavin Henderson, in a district where the tenants are strictly bound, and that he has been in the habit of giving credit to considerable amounts to fishermen bound to other merchants. And other cases of credit sales by others than the fish-merchant are recorded. The extension of credit dealings with smaller shopkeepers is, however, strongly deprecated by Mr. Spence and Mr. Sandison, partners of the firm of Spence & Co. It is enough to remark, that such credits would be subject to the ordinary rules of the law; and that if they were found to be injurious, it would for the Legislature to consider whether the rule of the Arrestment of Wages (Scotland) Act 1871, or a short prescription, should not be extended to them. *'10,016. Do you think the fishermen under that new system would not be able to get credit to a certain extent?-I don't see how some of them could. For instance, take the year 1869. In 1868 the fishings were almost a failure. Our total catch in Unst and Yell amounted to £1607, which could not average much over £4, 10s. to each fisherman. That year we imported meal and flour to the amount of £1824, cost price per invoice; we paid in cash for rents to Major Cameron, Mr. Edmonstone, Lord Zetland, and others, £1600; and we expended on fishing-boats and fish-curing materials £780,-being a gross amount of outlay of £4223 against the fishing, the return for which, as said, was only £1607.' [R. Henderson, 12,855; M. Laurenson, 7342; D. Edmonstone, 10,658; J. Thomson, 11,711; L. Moncrieff, 11,518; G. Georgeson, 12,032, 12,118; J. Twatt, 12,186; J. Spence, 10,559; A. Sandison, p. 248, f.n. 10, 494.] It may be contended that a law which would restrict the freedom of fishermen to contract for payment in proportion to the profits realized on their fish, would be inexpedient; but it is not impossible to frame an enactment which, leaving them this power, should require payment, weekly or monthly, of such a proportion of their earnings as would obviate the necessity of living on credit. OPINION OF MR SANDISON IN FAVOUR OF SHORT PAYMENTS It is satisfactory to find one of the most enterprising and intelligent merchants in Shetland stating a strong opinion in favour of a system of monthly payments for fish. Mr. Sandison's evidence on this subject, with which the other members of his firm agree is as follows:-