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 statistical and other authentic accounts, were stocked by 1,155,774 sheep, 306,861 horned cattle, 10,093 horses, and 1,872 pigs. There is in Australia an annual increase of 40 per cent, on sheep, and 25 per cent, on cattle. According to the commissioners' report, the increase by the close of 1852, allowing for sales, &c., will have amounted to, say, 2,500,000 sheep, 500,000 cattle, the former yielding about 3,384 tons wool, washed and unwashed; and if a quarter of the annual increase were boiled down, say 250,000 sheep, averaging 28 lbs. tallow, 3,125 tons; and 31,000 cattle, averaging 154 lbs. tallow, 2,130 tons. Total annual freights, 8,603 tons, independent of hides, skins, and other matters, at present thrown aside on account of the great cost of transport.

"For return cargo it is estimated that no less than 5,000 rations would offer, say 1,450 tons, with at least an equal quantity of slops, iron, paling, and other goods, say 2,900 tons. The produce from those remote districts is at present conveyed to Melbourne and Geelong in bullock-drays, travelling about ten miles a day, occupying many weeks in its transit to the port."

In our opinion speculations involving so trifling an amount of capital as a couple of small iron steam-boats should be undertaken and managed by colonists or the provincial government, and would be, if worth doing at all.

The navigation of the Murray is an enterprise, if feasible, within the means of a party of colonists, although the clearing of the river is a national and provincial work, to which this country might be called upon to contribute; but the less absentees have to do with small colonial speculations the better for their finances and the credit of the colony.

In the Murray scrub—a beautiful but barren belt of shrubs and plants from fifteen to twenty miles in breadth, which runs parallel to the river for many miles between Lake Alexandrina and the Great Bend in lat. 34 S.—a great number of the rare birds and animals of Australia are to be seen; amongst others, the leipoa, or mound-building bird, improperly named by the colonists the wild turkey, is found in great numbers; and the satin, or bower bird, which builds a bower for its mate so curiously arched and adorned with shells and shining stones, that when Mr. Gould first discovered one he took it for the playground of some aboriginal child. The leipoa, which was first brought before the attention of the scientific world by Mr. Gould, realises the ancient fable of the ostrich, and buries its eggs, to be hatched by the fermentation of a mound of decomposed leaves and earth.

Mr. Gould observes in his great work, from which all our objects of natural history have been, by permission, copied:—

"This family of birds (Tallegalla, Leipoa, and Megapodius) forms part of a great family of birds inhabiting Australia, New Guinea, the Celebes, and the Philippine Islands, whose habits and economy differ from those of every other group of birds which now exists upon the