2530. Do you mean that you fix your lowest rate of profit upon the hosiery goods you buy?-No; our lowest rate of profit on the goods we sell. A third way of explaining it is, that we treat as cash the goods which we buy. A shawl worth 20s. is reckoned by us as a £1 note would be reckoned,-with this difference, that if a man is laying down a £l note we would give him 5 per cent. discount when he bought our goods. We consider that the trouble we have with the shawls, and the time we lie out of our money, is worth 5 per cent. 2531. Then what you say comes to this: that upon your hosiery goods you make no profit at all?-Not when they are once sold; that is to say, when they are once bought, the profit lies in the profit we have upon the goods. That is the only profit we have in the matter. 2532. But upon the hosiery, looked at by itself, you do not make any profit at all?-No; I say that I make none, and I swear to that most emphatically. 2533. In other words, the profit you make upon your purchases of hosiery is only the profit you make upon your sales of goods, which are given in return for the hosiery?-Yes; in short, it is two sales for one profit. 2534. That is to say, you are obliged to take the hosiery at the market price in the south, in order to get payment for your drapery and other goods?-With regard to that, I am not obliged to take them, further than that is the only thing in the country that reckoned as a kind of payment. 2535. It is the only thing which your purchasers have to give you for your goods?-That is my meaning exactly. 2536. You were going to offer me some evidence of that?-I can give evidence of it afterwards. My own employees can prove it, also women who have been in my employment, and also people who have been purchasing both for cash and goods. 2537. What can they prove?-They can prove that there is no difference between the two prices, and that the price which I charged is the lowest price I can fix. 2538. You are prepared to give evidence of this fact, that the price you allow to the seller of hosiery in Shetland is the price you get from the buyer in the south?-Yes, I can prove that. At least I can prove that it is so on the whole, by comparison, the invoiced prices of the goods sent south with the general prices of goods bought in the country. Here is a list of them [producing trade list].