Mutual Concessions.

Since New Zealand admita their produce free [unclear: duty], Fiji. Samoa, Tonga, Tahiti, and [unclear: the] other islands that benefit by this [unclear: conmison] might fairly be asked to lower the [unclear: posts] on at least some of the articles that we supply. In this way New Zealand merchants would be placed in an [unclear: excepcially] advantageous position over other competitors, and by reducing the margin of their profit a little might easily, since [unclear: trade] would naturally flow this way, build [unclear: up a] vast commerce with these islands, [unclear: giving] employment to our seafaring [unclear: population] are opening fresh channets for [unclear: enterprise]. And there is no reason why we [unclear: could] not go further afield. At present [unclear: ur] trading operations are confined to the [unclear: preps] near at hand, Why not—and to [unclear: the] wise this one hint should be sufficient—why not exploit the New Hebrides (which [unclear: ce] actually belonged to New Zealand), New Caledonia, the Solomons, and the [unclear: samerous] other groups and detached islands, whose trade is worth having now, and will be more so later on?