It was for the purpose of ascertaining the area and degree of debt, as well as the degree to which truck prevails in the various districts of Shetland, that a series of questions was sent, some time after the inquiry had been opened, to most of the fish-merchants in Shetland. The answers to these questions must have cost in the larger establishments a good deal of time and trouble, which I am bound to say was in most cases ungrudgingly bestowed. The returns for the home fishing of 1867 (Table I.) are furnished by merchants, who, according to the returns made to the Fishery Board, produced more than four-fifths of the whole cure from that fishery in that year. They show that out of 1913 fishermen in their employment, 596 were indebted at the settlement of 1866, and 1832 at that of 1867, showing an average debt of £6, 11s. per man in 1866, and £6, 13s. 8d. per man in 1867. In the same year the total sum due to their fishermen by the eighteen curers making returns was £19,362, 17s. 23/4d., and the total amount received by the men from the curers was £21,456, 5s. 10d., which resulted, according to the 10th column, in an increase of the debt by £1,631, 9s. 8d. The goods supplied in account by these curers to fishermen in 1867 amounted to £10,860, 1s. 41/2d., rather more than a fourth being charged to the crews for fishing expenses. Thus rather more than one half of the total payments were made in goods. The returns for 1871 (Table II.) were made by the same merchants, with the exception of two who had not settled for that year, and represent, according to the Fishery Board returns, nearly three fourths of the total cure of the year. Out of 1615 fishermen, 644 were indebted in a total amount of £5,026, 19s. 13/4d., or an average sum per man of £7, 13s. 33/4d. at the settlement of 1870; and 614 were indebted in a total amount of £4,437, 1s. 21/2d., or an average sum per man of £7, 4s. 61/4d. at the settlement of 1871. The total amount due to their fishermen by these fifteen curers was £20,759, 17s, 33/4d., and the total amount which the men got from them was £20,579, 14s. 13/4d. The debt was reduced by £589, 18s. 111/4d. The goods supplied in account were £8,927, 2s. 10d., £2,574, 12s. 51/2d. being for fishing expenses. Thus, in this prosperous year, considerably less than a half of the whole earnings of the fishermen were received in goods. In 1867 about three fourths, in 1871 about a half, of the cash paid was paid before settlement. Table III., for the Faroe fishing of 1867, applies to 509 men out of 699 who were engaged in that fishery in smacks belonging to Shetland curers. The average debt of 219 debtors in 1866 was £4, 13s. 2d., and of 125 debtors in 1867, £4, 11s. 31/2d. The total amount credited to the men was £6,764, 16s. 6d., and £6,723, 18s. 31/2d. was paid to them, of which £3,120, 14s. 9d., or less than half, was paid in goods.