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 stock at, say, £5 per head, only to have cut the throats of and cremated the lot.

"Behold how great a matter a little fire kindleth" is a scriptural aphorism strictly applicable to acarian development. Many a well-to-do sheepholder was burnt out of house and home by the quick-spreading ovine leprosy which germinated at a friend's carelessly-ordered establishment. So that it came to pass that the "Gallants of Westland" were loath to exchange the free roving lives of cattle -tending caballeros for the restricted, "pokey," worrying round of duties to which the sheepholders seemed doomed. At one of our gatherings, at which—the majority being cattle-men—a toast involving a little indirect self-laudation was duly honoured, a pioneer squatter from a distance remarked gravely, "How little you fellows can realise what a life we have been leading in our district the last year or two!" He had just finished "cleaning" his flocks, as had also his neighbours. He certainly looked, as the financial survivor of a drought expressed it once, as though he had "come through the Valley of the Shadow."

When we rubbed along thus jovially, deeming life to be "a great and glorious thing," fat cows were well sold at £2 per head, and bullocks at £3. Certainly you could buy stores (or, as they primevally called them, "lean cattle") at from 10s. to 16s., prices which left a margin. The Messrs. Manifold bought a large number of bullocks from the Shelleys, of Tumut, at the latter price, somewhere about the year 1845. How they fattened at Purrumbeet and Leura may be imagined! They fetched top prices, but were not thought to pay so