Australian immigrants have generally been enterprising but opportunities were always associated with risks which led to economic failure and all the attendant consequences. Some ancestors survived more than one insolvency but others were ruined for life. Insolvency in 1845 did not hinder Thomas Adam‘s building interests in Newcastle and while a subsequent bankruptcy in 1874 through investment in tin mining near Tingha was a setback, he started a profitable saw milling venture at Raymond Terrace. John Adams was far less fortunate. Being a pioneer of the Alstonville district meant that despite successful clearing of the Big Scrub on his property, sugar growing was in its infancy and processing was primitive and costly. Bankruptcy in 1876 cost him his conditional land purchase. The family fortunes never recovered and a second bankruptcy in 1899 was the last straw. Edward Scrivener, initially a successful draper in George Street Sydney succumbed to economic failure in 1865 and 1869. He never operated his own business again but unlike John Adams’ sons, Edward’s son Frederick Scrivener became a comparatively wealthy man after he moved north to the Richmond River as a storekeeper. Hugh Childs, as a railway construction contractor on the Southern Line, was so mortified that he could not pay his workers in 1863 that he encouraged his sons to become railway employees rather than entrepreneurs. It was advice that sustained the family through the bad times of the 1890s and 1930s Depression. William Whitfield, already a broken man through losing his Pilotage Certificate, escaped his creditors in 1894 by returning to England after the failure of his investment in a Parkes hotel. He died in Hull just six weeks later. His family was left to fend for themselves.