ly
just reached the Sound when Mr. Eyre arrived in Princess Royal Harbour
with a vessel laden with sheep; he was followed in a few days by
Lieutenant Mundy, who came in a larger one laden with horned stock and
sheep; and they immediately despatched another vessel for 1000 more
sheep.

STATE OF THE CATTLE MARKET THERE.

Thus was a sort of communication established between the two colonies;
but the profits arising from the sale of stock brought in a vessel were
in a great measure absorbed by the expenses of transport, and in the
winter season the passage is too rough to allow of the risk of shipping
stock. Were they driven overland, instead of being transported by sea,
horned stock could be sold at about 5 pounds per head, and sheep for 15
shillings per head less. Moreover the price of the different colonial
markets would be equalised, and new settlers in all the colonies would
start with an equal chance; whereas at present if two settlers with equal
means go the one to Western and the other to Southern Australia, for
every 100 head of horned stock and 100 head of sheep that the settler in
Western Australia can buy with his capital the settler in Southern
Australia can buy 200 head of horned cattle and 800 of sheep; this
scarcely appears to create so vast a difference between the two as it
really does until we regard the relative position of the two settlers at
the end of some given term of years, for instance five; they would then
stand thus:

(TABLE OF RELATIVE VALUES OF SOUTHERN AND WESTERN AUSTRALIAN STOCK.)

GENERAL CONSEQUENCES OF THE SPREAD OF COMMERCE AND EMIGRATION.

The rapidity of communication from point to point has introduced such
vast effects in the march of improvement among distant lands as only
eye-witnesses can believe. The merchant in London who lays on a vessel
for a certain port regards the affair as a mere mercantile speculation,
but could he trace out the results he effects in their remotest
ramifications he would stand astonished at the changes he produces. With
the wizard wand of commerce he touches a lone and trackless forest, and
at his bidding cities arise, and the hum and dust of trade collect, away
are swept ancient races; antique laws and customs moulder into oblivion.
The strongholds of murder and superstition are cleansed, and the Gospel
is preached amongst ignorant and savage men. The ruder languages
disappear successively, and the tongue of England alone is heard around.

Such ar