27 

 APPENDIX C. 



STATEMENT showing the Profit to be derived from the systematic Cultivation of 

 Wattles, compiled from the evidence given before the Board of Inquiry 1878. 



Receipts derivable from a Wattle Plantation of say 100 Acres, planted in the 



manner proposed. 



s. d. 



Each acre planted with wattles, 10 feet apart, would carry 400 trees ; 

 at end of fifth year trees would yield say 56 Ib. matured bark ; 

 stripping only every third tree 333 tons would be obtained off 100 

 acres ; this, at 4 per ton, would give for first stripping ... 1,332 



In the sixth (or following) year, a similar number of trees would be 

 stripped, the bark having increased in weight say 14 Ib. ; the 

 increased yield of second stripping would therefore be 400 tons, 

 at 4 per ton, making 1,600 



In the seventh year the remaining trees would be stripped, from 

 which a still greater increase would be obtained say 480 tons, 

 at 4, making 1,920 



The aggregate yield of bark during the first eight years would be 



1215 tons, amounting in value to ... ... ... ... 4,852 



Estimate of Expenditure on a Wattle Plantation of 100 Acres during 



Eight Years. 



s. d. s. d. 

 Rent of 100 acres for eight years at the rate of 6s. per 



acre per annum ... ... ... ... ... 240 



Ploughing 100 acres in drills 10 feet apart 25 



Sowing wattles and actual cultivation, including cost 



of seed 37 10 



Supervision for eight years, nominal, say 10 per annum 80 

 Pruning the trees, taking off useless wood, &c. (only 



necessary for two years), 10s. per acre ... ... 50 



Incidental and unforeseen expenses ... ... ... 27 10 



Interest on the whole amount expended during the 



eight years ... ... ... ... ... ... 240 



700 



* Actual cost of stripping and carting, as shown below... 1,515 



1,515 



J* Profit balance, exclusive of improvements or supple- 

 mentary sowings ... ... ... ... ... 2,637 



2,637 



4,852 



* The cost of stripping would not exceed 15s. per ton, on account of the facilities presented by 

 the regularity of the trees, while carting would represent another 10s. per ton. These combined 

 charges would be 25s. per ton, and on 1,215 tons would be 1,515, leaving a clear profit on the 

 100 acres (after allowing for the primary expenditure) of 2,637. 



f In addition to the bark taken off the land, a fresh supply would be available in two seasons 

 afterwards, as the Board recommend that every tree stripped should be replaced by another 

 sowing. All improvements effected may be calculated as additional profit. 



JAMES THOMSON, 



Secretary to the Board. 



By Authority : JOHN FERRES, Government Printer, Melbourne. 



