l
duty to the clerk of the market, who accounts quarterly for the
amount to the treasurer of the police fund. The annual amount of
these duties is about L130.*

[* Vide Market Duties in the Appendix.]

Here also is a Bank, called "The Bank of New South Wales,"
which was established in the year 1817, and promises to be of
great and permanent benefit to the colony in general. Its capital
is L20,000, divided into two hundred shares. It has a
regular charter of incorporation, and is under the controul of a
president* and six directors, who are annually chosen by the
proprietors. The paper of this bank is now the principal
circulating medium of this colony. They discount bills of a short
date, and also advance money on mortgage securities. They are
allowed to receive in return an interest of 10 per cent. per
annum.

[* See Appendix.]

This town also contains two very good public schools, for the
education of children of both sexes. One is a day school for
boys, and is of course only intended to impart gratuitous
instruction:--the other is designed both for the education and
support of poor and helpless female orphans. This institution was
founded by Governor King, as long back as the year 1800, and
contains about sixty children, who are taught reading, writing,
arithmetic, sewing, and the various arts of domestic economy.
When their education is complete, they are either married to free
persons of good character, or are assigned as servants to such
respectable families as may apply for them. At the time of the
establishment of this school there was a large tract of land
(15,000 acres,) attached to it; and a considerable stock of
horses, cattle, and sheep, were also transferred to it from the
government herds. The profits of these stock go towards defraying
the expences of this school, and a certain portion, fifty or a
hundred acres of this land, with a proportionate number of them,
are given in dower with each female who marries with the consent
of the committee intrusted with the management of this
institution.

Besides these two public schools in the town of Sydney, which
together contained, by the last accounts received from the
colony, two hundred and twenty-four children, there are
establishments for the gratuitous diffusion of education in every
populous district throughout the colony. The masters of these
schools are allowed stipulated salaries from the Orphan Fund.
Formerly particular duties, those on coal