2360. But cannot you get your customers here, from whom you buy the goods, to take less for them?-No, we don't require to do that. I believe that when a woman makes a pair of drawers, or anything else that kind, she cannot be paid for them with less than 4s. 2361. Is that an article in which you deal extensively?-Yes; we buy a good many of them, but it is an article on which we have no profit. 2362. A statement has been made in this inquiry, that the success of a merchant in Shetland consists in being able to accumulate such an amount of bad debts about him as thirls the whole families in a neighbourhood to him, and then he gets on: do you concur in that statement?-I think that statement must have been intended as a burlesque. I cannot understand how any man could thrive by accumulating a large amount of bad debts. I read the statement at the time, but I could not understand it. 2363. It can only mean this: that the man has a number of debts which his debtors have difficulty in paying, but that they are in the course of earning money year after year and that they are compelled to spend entire earnings in is shop: do you think that is the case?-I can only say that in my own business I make a point of making as few debts as possible, and never any bad ones. To make bad debts I should consider a misfortune rather than a piece of good luck. 2364. But they may not be bad debts, although payment of them may be delayed for a long time. It is perhaps a misnomer, to call them bad debts?-Yes I should say so. 2365. I understand you were engaged at one time in the whaling agency business?-Yes, for some years. My brother-in-law and partner managed that part of the business; and he purposes to come forward and give some evidence, and produce books which he kept at that time. We went out of that trade last spring. Lerwick, January 4, 1872, ROBERT SINCLAIR, examined. 2366. You are the principal partner of the firm of Robert Sinclair & Co., merchants in Lerwick?-I am the sole partner of that firm. 2367. Your stock, I understand, consists of drapery goods and tea?-Drapery, millinery, boots and shoes, tea, and various other articles. I also keep various kinds of groceries-not many; but there are tea, soap, soda, and blue. 2368. You do not keep provisions?-Not provisions. 2369. Do you keep sugar?-No; I do not sell sugar now. 2370. Besides that trade, you are employed in the purchase and sale of hosiery?-I am. 2371. Your hosiery is obtained in two ways: either women that knit upon your employment or from parties who come with their own goods and sell them to you?-They are principally the latter.