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The narrator, in describing the Australian landscape, compares it to those of Europe, Asia, America, Africa and the Pacific and declares that 'In Australia alone is to be found the Grotesque, the Weird, the strange scribblings of Nature learning how to write'.
The narrator muses on the different characters that constitute the Australian squatter. He takes as an example his friends, old Robin Ruff of the Murrumbidgee, and young Dudley Smooth of Murriowooloomoolooneriangtrotolong Station, and compares their distinctly different approaches to running their businesses.
The narrator declares that 'The quality of a race of beings is determined by two things: food and climate'. In musing on what the future Australian race will be like, the narrator looks to the past and the present as indicators of the likely progression that will eventuate.