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“...made until 1678, when their value for the production of salt was recognised by the colonists of Bermuda. The first Boyal Regulations for the government of the salt-ponds show clearly that down to 1781 no permanent settlement or idea of fixed property in the ponds was eutertained. Recognition was then given to the Head Right system, whereby one-third of the ponds was reserved to meet the expenses of common govern- ment and the other two-thirds were annually shared among all British inhabitants prei ent in the island on Februarv 10th Every adult was entitled to a full share; while children, measured according to what may have been the fore-runner of the decimal system, were allotted so many tenths in proportion to their...”