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DREDGING FOR GOLD IN OTAGO

▲ correspondent of the " Otago Dally Times" writfs :—" How few business men on laaving off work on Saturday night but ■Ighed for better times, and returning t< work this morning, bat will wish for some excitement and spurt like unto that belnir experienced In the neighboring colony Little they know that upon the success of one little maohlne dnrlog this week wilt depend • similar { r.une for them. I; tat mtchlns continues working this week M It did the latter end of last week, labor, business, and oapltal will flow into this country from all parts, and more particu lifly Into oor own provlnoe of Otago About a year ago there whb a great deal of exoltement about Mr Wei man a paten: dredger ; this hat gradually subsided and by the majority of people la almosforgotten. Bat Mr Welmaa is still among as, and has eiuok to hit work for over a year, rarely leaving Alexandra •xoeptlng on argent business. He has conquered all tbe difficulties. Nearly every available pieoe of grou d Is bel< §t held m expectation of his success. The West Const sands are entirely held ; tbt Olutha river very nearly so. The excitement has even reached the Bluff, ot Walpapapa Point, where sand leases artdaily be'ng applied for ; and if the machinery continues doing as It ii doing, a mine of wealth will be opened up m New Zealand, and business will once more become brisk. So wonderfully oheapy will thli machinery be worked, that where it fi possible to get a grain of gold to the ton a large profit will be realised ; and nearl> all Otsgo can show that. The dredger at Alexandra is advancing apace, and a very few weeks will fiad it m full swing. Better times should therefore be m store, and New Zealand will yet advance as i< ought to do and as it is fitted to do by Its j large Pjlneral and other resources,"

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/AG18880201.2.18

Bibliographic details
Ngā taipitopito pukapuka

Ashburton Guardian, Volume VII, Issue 1755, 1 February 1888, Page 3

Word count
Tapeke kupu
329

DREDGING FOR GOLD IN OTAGO Ashburton Guardian, Volume VII, Issue 1755, 1 February 1888, Page 3

DREDGING FOR GOLD IN OTAGO Ashburton Guardian, Volume VII, Issue 1755, 1 February 1888, Page 3

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