18 The Journal of the Royal 
The items of the proposed scheme were fully 
discussed, and the following points of agreement 
thereon arrived at : — 
''1. Canes to be bought on the basis of weight, 
represented by the load of an ordinary cane punt, 
taken as being 2f tons." 
It was agreed that canes be bought on the basis of 
weight, an ordinary punt load of 2f tons with load 
line, to be fixed in the presence of both parties, being 
the normal measure. 
It was considered that the accuracy of these 
measurements should be tested from time to time by 
weighing the contents of punts thus loaded ; but this 
was looked upon as a matter entirely for the buyer and 
seller to arrange among themselves. 
" 2. Price to be independent of polarization of juice, 
'* and either to : 
*' (a.) vary with price of sugar in Georgtown ; or 
" C&. j be fixed by mutually agreed upon authority — 
'' say Royal Agricultural and Commercial 
" Society, or Chamber of Commerce — at 
^' commencement of each grinding. 
C' N.B.) — With refining crystals 96° polariscope 
'*at $2.40 per 100 lbs. in Georgetown, the 
'* value of the canes should be about $6.30 
*^ per punt of 2f tons.") 
After discussing this clause it was decided that the 
price at which the canes were to be purchased should 
be fixed by the Royal Agricultural and Commercial 
Society at the commencement of each period of 
grinding. This price, of course, would only be binding 
on those who mutually accepted the above authority, 
