VICTORIA

Victoria, the smallest of the Australian colonies, had until recently

the largest population (June, 1897, 1,177,304) and also the largest

trade. In both respects, however, it is at present surpassed by New

South Wales. Victoria has owed its past pre-eminence to its GOLD

PRODUCTION. Gold was discovered in the colony in 1851, and for years

the output of the precious mineral was not less than $50,000,000 per

annum. The present output of gold in Victoria, however, is only

$10,000,000 per annum. Richer, however, than the gold-mines of

Victoria is the fertility of its soil. A large part of the soil is

exceedingly fertile--with irrigation one of the finest fruit-bearing

soils in the world. The arboreal vegetation of the country is

magnificent. Trees thirty feet in diameter rise to the height of 200

feet without a single lateral branch, and then 100 feet to 200 feet

higher still. Pear-trees grow to the height of eighty feet, with

trunks three feet in diameter. But as yet wool-growing, wheat-raising,

and vine-growing are the principal agricultural occupations of the

people. The principal agricultural export is WOOL--$25,000,000 worth

per annum. But a considerable portion of this comes from New South

Wales. The SHEEP kept number 15,000,000, the cattle 2,000,000. But the

colony still remains principally a mining community. Five ninths of

the population live in towns. Yet there are few towns, and two fifths

of the whole population live in Melbourne--a city almost exactly as

large as Boston.

Up To Date Business Including Lessons in Banking, Exchange, Business Geography, Finance, Transportation and Commercial Law · 第 291 / 462 题