yield a fair profit, after paying their share of contingent expenses.
In former times, the number of sheep was so small, comparatively speaking, and the return from the wool, even, at those good prices, bore so small a proportion to the expected profits from the increase, that the former was looked upon as a matter of very secondary consideration, while now it is become the object of principal attention. Hence arises the improvement which is rapidly taking place in the condition in which it is sent into the market. Hence, too, the obstacles which are placed in the way of that improvement by the squatting tenure are more felt now than under the old system of management, and will continue to be more and more so every year. Formerly the object was to increase the number of sheep with but little regard to their quality; but now, in order to make them pay, it is necessary constantly to cull the flocks, and to keep nothing but such as are in the highest order, and yield the most profitable fleece. The plan of boiling down here comes in aid of the stockholder, and thus, if not carried to an injudicious length, will serve, rather than injure, the export of wool, by improving its average quality, though to a certain extent diminishing the quantity.
But the greatest improvement which has taken place in the management of sheep, has been in the extent to which scab has been eradicated. This is the greatest enemy of the sheep farmer. Sheep when scabby, must be run in small flocks, and constant trouble and great expense gone to in dressing them. Many men have in this way spent more on their sheep than they would