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WATER POWER FOR MINING.

■/.-■■' ■' .' » . ,-■■ ;•■ ■'.. GOVERNMENT CHARGE CONSIDERED ' '.-'•., ..'; ; "'/EXCESSIVE.: ''■ • ; ;'-;-, : -; '; ;.:' IBT TELBCBArn—mESS, ASSOCIATION.) ■•■■';'•■' ''.'' Hokltlka.'Mny 5. A jrablic meeting of minors'held at Rimii last night carried a motion urging thespeody and favourable- consideration of,: thb waterpower, regulations on. tho attention of tho Government. " Copies of the motion: aro to bo telegraphed to .the Prime Minister and Mimstor. for Mines. '' '■'.'• .'■'.'■'. '•;'.'" '' .'' : The' local proposal is to yuso. waste water running the rovraso way,for,'power purposes to pump river wator on to .the high ■ alluvial terraces for mining operations)'. It has been suggested that tho .Government; 'charges' an excessive, rate for; the'.right', to z lift.. wasto water, and tho Department is urged to make tho payments • more reasonable. Capital amounting to from £80,000' to £100,000 will bo required for tho undertaking, It was mentioned at the. meeting ,that the promoting syndicate was in' a.fair.:way to.. raisov iho amount if tho rights were granted on reasonable terms. . •_.. : ... ■.■_■; , : In tho oourso of discussion the delay over tho matter by tho Government was strongly condemned.' as also wore tho reported.heavy charges, whioli, at ss. per horsc-powor,:moans, an impost of £5000. n'year for tho 'power required. This is considered, altogether excessive, and. a'bar "to '..capital: favourably taking up speculation. ..,■'■. ,:;"/:

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19090507.2.68

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 2, Issue 501, 7 May 1909, Page 8

Word count
Tapeke kupu
198

WATER POWER FOR MINING. Dominion, Volume 2, Issue 501, 7 May 1909, Page 8

WATER POWER FOR MINING. Dominion, Volume 2, Issue 501, 7 May 1909, Page 8

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