n the late nineteenth and early twentieth centuries horse-breeding was considered a profitable enterprise. However, as JTHB suggests, the industry began to experience a down-turn in profits at the end of the First World War. See reference to T.E. Day's 'Report and Plans of Explortions in Central Australia' in "Bulletin of the Northern Territory", Bulletin no 20, 1916.
Yet, even at that time, the future of the horse industry in Central Australia was grim as the JTHB goes on to illustrate.
References:
T.E. Day, 'Report and Plans of Explortions in Central Australia' in "Bulletin of the Northern Territory", Bulletin no 20, 1916. Copy held at Strehlow Research Centre.