Established in 1970, Merinos
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When Captain Waterhouse landed the Spanish merinos acquired from the Colonel Gordon flock in South Africa in 1797, Macarthur offered fifteen pounds per head for the lot.
XVII, 1938, describes the foundation of this stud -- "This flock was founded by the Hon John Smith of `Gamboola, Molong, NSW, from rams and ewes descended from the Spanish merinos purchased about the year 1840, from W M Betts, who had previously bought them from the Rev Samuel Marsden, whose sheep were imported.
The total registered Stud merinos in NSW in 1938 of pure Marsden blood totalled 48023.
While their contribution cannot be disputed, Brian Evesson points out that it was Henry Waterhouse who brought the first merinos into this country and his contribution has been much underrated.
In the past, the credit for the foundation of the Australian merino flock has been firmly laid at the feet of the Macarthur family of Camden and much of that credit is justified.