SYDNEY.

New Zealand Spectator and Cook's Strait Guardian, Volume I, Issue 21, 1 March 1845, Page 4

SYDNEY.

New Export. — It will be in tlie recollection of many of our readers, that ' about twelve months ago a correspondent of this journal endeavoured to excite public attention to the fact that oil expressed from lard, and the residual fat called stearine, might prove a lucrative article of export from this colony, exceeding any other article, not excepting wool, in value and profit. He showed that we possess within the colony the means of profitably breeding swine in sufficient numbers to supply all the fat and light consumed by our mothercountry, which imports tallow alone to the value of about two millions sterling ; and that •the Americans have long since carried on a large trade in lard and lard oil with Great Britain, while the people of New South Wales have sunk into bankruptcy with a mine of gold before their eyes, and thousands of individuals have been left without employment. Lard contains two-thirds of its weight of oil, which is superior to sperm oil. The remaining third is stearine, from which the common stearine candle is made, and which by an unexpensive chemical process may be converted into artificial spermaceti. The oil sells in the London market at a higher price than sperm oil. We are happy to announce that it is at length produced and sold in Sydney, and a manufactory of spermaceti is being established. Our agriculturists would therefore do well to increase their stock of swine to the greatest possible extent. They are not only more prolific and of more rapid growth, but they produce fat in more abundance and of greater value than any other animal. Several years must elapse before we can produce enough to supply the English market ; we may therefore fearlessly augment our stock. — Sydney Morning Herald.

The Governor. — There is a rumour a-float in town, that intelligence had been received by private letters from home, received via Sydney, of the recall cf Sir George Gipps from the Government of New South Wales. We suspect, however, it is but one of the unfounded rumours which periodically go a- broad in these colonies. One thing, however, is certain, the removal of Mr. James Stephen, from the office of Under- Secretary of State for the colonies is determined upon, and all who know the extensive influence he has used with regard to the Australian Colonies, may easily conceive that extensive changes will follow that step.— Port Phillip Patriot.