2206. Is it not one result of that system, that as the merchant runs two risks,-a risk upon the hosiery and a risk (not so great, but still a risk) upon his goods,-he is obliged to make a larger profit upon his goods than he otherwise would?-I believe that is so. 2207. So that the goods are really dearer to the retail purchaser here than they would be if another system were adopted?-I think 2208. You say you are quite ready to adopt a system of cash payments, and to carry it out if it were usual in the trade?-Quite ready. 2209. Is there any difficulty in a single house proceeding to act upon that system?-There has been no proposal made for it. 2210. Do you mean there has been no demand made for it by the sellers of hosiery?-I mean there has been no proposal made among the dealers in hosiery to adopt such a system; and it would be difficult for one house to begin to attempt it unless there was some plan agreed upon, and some tariff of prices. I think it would be necessary, in the first place, to have some scale fixed. 2211. Would the market not fix the prices just as it does in other trades?-By and by I have no doubt it would; but what I mean is, that at the beginning of the new plan, in the transition between the present state and a new system of cash payments there would require to be some sort of agreement. 2212. With regard to those women whom you pay for working, do you generally keep pass-books with them?-I don't think many of them have them now. In fact, within the last seven years we have not been very much in that branch of the Shetland hosiery trade. We still have a few knitting to us in that way, and I think some of them have pass-books. 2213. How many women do you employ in that way?-I could not say precisely, because for several years our shop-woman has attended to that altogether, and the books which I have brought with me are kept by her. I can give her name, and she will be able to give any information that may be wanted on that subject. 2214. What is her name?-Andrina Aitken. 2215. I suppose your books will show at once the number of people you employ in that way?-Yes, these books will show, but I cannot say from memory how many there are. 2216. Has not each woman whom you so employ a page in the ledger?-I think, for the most part, they just settle for each article as they bring it. If a girl or woman is knitting a shawl, she comes in with it; there is a price put upon it, and she settles up there and then for it. If there is a balance, whether for or against her, it is noted up as at that date. We don't keep long accounts with them. 2217. How is it noted?-It is noted in the book at the place where the work is marked as having been given out. The balance is stated there [produces book]. 2218. What is that book?-We call it a work-book. 2219. Is it kept as a day-book from day to day?-Yes. 2220. Is that the only book you keep?-It is the only book used for that purpose.