The superintendent, or person in charge here, informs me that his drays, with the supplies for this year, have not yet returned; and that to transport his wool to Melbourne by that mode of conveyance would cost him £45 per ton. The arrival of the steamer has, however, to use his own expression, “quite set the settlers on their legs again;” and although the freight, £25 per ton, is as yet rather high, there is no doubt that it will soon fall, whilst the land-transport from the Goolwa to Port Elliot will be performed per tramway, at the moderate rate of sixpence per ton per mile. The stock of sheep belonging to the stations of this Company,[24] recently amounting to 50,000, is now reduced by extensive sales to 12,000, but the number, so rapid is the increase, it is expected will again amount to that quantity in two or three years. The present value of sheep (for sale) is from fifteen to eighteen shillings; during the bad times of the colony it was as low as two shillings and sixpence. After leaving Poon Boon, we regained the Murray without any difficulty, save the passage of one shallow bar, where extreme precautions were exercised successfully. At Canally, one of the stations of Mr. Phelps, wool to the amount of forty-nine heavy bales was taken in; and leaving this on Friday, September 30th, we again steamed down the river, having left the two carpenters and the Chinaman near the mouth of the Wakool, there to prepare the frames of two more barges, as tenders, to be used for the further navigation of these rivers. This day, however, was doomed to be one of melancholy remembrance to all on board, for an accident, not less sad from its sudden occurrence than by its tragical issue, did then happen, in a manner most painful to all who witnessed it. About four o’clock, or rather later, whilst sitting in the cabin, I was disturbed by hearing an outcry, and tumults on the deck above; and running out, I discovered by the preparations for casting off the boat, then towing astern, that a man was overboard. Looking further astern, the steamer having now reversed her engines, I discovered what must have been the top of the unfortunate man’s head floating about forty or fifty yards behind us, and distinctly saw his hands upraised, and as it were waving in a convulsive manner for help. This position he maintained for a minute or two, but the boat was not easily cast loose, and the steamer had drifted with the current, which here runs perhaps two and a-half knots per hour. Shortly afterwards I again looked, but nothing was visible, for the wretched man had sunk never again to rise; though one of those in the boat declared that they were so close to him that from the bow he might have been touched with an oar. It was, however, too late, and after waiting vainly for the chance of his reappearance, we were at length obliged to continue our course without even the satisfaction of discovering his body. The man’s name, I afterwards