of Western Australia on the land-grant system. They have an immense estate to manipulate, and on their ability in fructifying it the profits of their shareholders must depend. Some scheme of homesteads, partially prepared in advance for the new-comers, and purchasable on easy terms by time payments, could surely be developed and worked out, to the material advantage of owners and tenants. To this subject I will, however, revert when I come to deal in detail with the operations and opportunities of the two great Land Grant Corporations of the colony, the "West Australian Land Company" (Great Southern Railway of Western Australia) in the south, and the "Midland Railway Company of Western Australia" in the north, of the south-western district which, as comprising the only suitable area for immediate agricultural settlement, as we understand it in the old country, I shall almost exclusively notice in the course of these, I fear, somewhat sketchy hints for emigrants.
