no A COLONY IN THE MAKING ch. xi 



have said of unassured and speculative crops or pro- 

 ducts their name is legion. With regard to the many 

 attractive and speculative projects to which each and 

 every newcomer will certainly be introduced, I can 

 only pass on a piece of advice given to me, and which 

 I believe to be no bad guide. Take a piece of paper 

 and jot down the incomings and outgoings which 

 appear likely to occur in the suggested scheme, stating 

 them as severely against the success of the venture as 

 seems possible. Then multiply the outgoings and 

 divide the incomings by two. If the scheme still 

 shows a substantial profit, it may be worth while going 

 into carefully. In some ways it would be by no means 

 to be regretted were our assured successes less 

 numerous. Delightful as is the great variety of pro- 

 ducts that do well, it would in so small a country be 

 not entirely to the bad could the whole of our energies 

 be focussed on some few definite lines. 



