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Updated: May 29, 2025
The resultant of the processes of expansion or restriction, and substitution, will be that, unless one of the breeds is eliminated, the prices of mutton and wool will equal their respective marginal costs. These marginal costs may, of course, alter as the process of substitution extends. For the relative cost of maintaining merinos and crossbreds will not be the same for every farmer.
When his claims were first put forward they were vigorously contested by many who could claim to speak and write with authority upon the various breeds of Spaniels existing in these islands, and it was freely asserted that they were nothing but crossbreds between the ordinary Springer and probably a Clumber in order to account for the red or orange markings and the vine-leaf-shaped ears.
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