THE TALISMAN MINE.

Dominion, Volume 2, Issue 476, 7 April 1909, Page 9

THE TALISMAN MINE.

Sir—May Ibo permitted to at once correct a statement that appears in a telegraphed version in your mining columns of tho meeting of Talisman shareholders held in i U tllows y - day> Mr Peacook is "Ki "For instance, Mr. Stansfiold could only report to Messrs. Bewick, Moreing and Co and not to the board of directors. Mr' leacock added that ho thought that the rS v Sl,oUld , laV ?, a c °Py of all sports sent to iMessrs. Bewick and Moreing. The allegation was not that tho London board was not awaro of tho state of affairs before the low level was flooded when tho Crown stopped pumping, but that, had they known all tW Mr Stansfiold, had reported, duo provision might havo been made." As a matter of fact, all Mr. Stansficld's reports go direct to tho directors of the com pany. '° cum " As regards tho second statement, tho point mado here m the south is, that if Mr. Stall I holds recommendations for increased power and pumping plant, mado for some years past, had been at onco- acceded to, ho would havo been in a much bettor position than ho was actually in to meet tho increased flow of water last August, duo to he Crown ceasing pumping. Tho responsih tv for this r« « not with Mr Stansneld or Messrs Bewcl' Morcmg, and Co but with tho old board' lu justico to tho latter, wo must admit, that probably they erred from excess of caution and desire to test tho lower levels moro thoroughly before committing the company to a heavy expenditure in plant. At tho snmo time, I personally feel sure that if there'had been at that time an Advisory Board in New inland of'business mon, who had had tho position carefully explained to them by Mr btnnsncld, their ondorsemont of his recom' mondation would havo been,so strong tint the board would have at onco scon tho n'o-S-I antote iotely Carryi " g thCm i,lto April, 3. ' " T - SHAILER WESTON -