He wished it were possible to dissuade them from heaping such heavy debts upon themselves by the enjoyment of articles which they could do without, or by throwing away their money in purchasing, at every public auction, rags and trifles for which such exorbitant sums were exacted. He urged them, with a paternal anxiety, to consider, that their folly involved their whole families in ruin and misfortune, and conjured them to wait with patience the result of some representations which he had made to government, as well in their behalf, as in behalf of the settlers upon Norfolk Island; by which he hoped that ere long they would have an opportunity of purchasing every European article that they might want at such a reasonable and moderate price as they, by their industry, would be very well able to afford from the produce of their labour.
The island upon which Captain Hamilton had run his ship, and thereby prevented her sinking with them at sea, was thenceforward to be distinguished by the name of Preservation Island. From thence the Colonial schooner had arrived with what remained of the property. As soon as she was unloaded, the property was put up to sale for the benefit of the underwriters; when the little effect of the governor’s recommendation of patience was seen, by the most enormous prices being paid for every article. The money that should have been expended in the cultivation and improvement of their farms was thus lavishly thrown away; and it happened, fortunately enough for the underwriters that the wheat of this last season had been received into the public granary, and immediately paid for. Twenty-two shillings were paid at this sale for one common cup and saucer.
Wishing to obtain some further information respecting the salt-hill seen by Wilson and his companions in their late excursion, the governor had sent Henry Hacking thither. At his return he produced some specimens of various veins of salt which he fell in with in different places, of 10 and 12 feet in depth. He reported, that he found the country every where intersected with narrow, but deep and rapid branches of fresh water rivers, over some of which he was obliged to swim; others he was able to ford.