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ALEXANDRA

(From a. corrrspondent. ) Intelligence Rom this place is none of the most cheering, the high state of the rivers | Molyueux and Miumberikia preventing the | holders of many claims getting to work. | Workings in the gullies, however, are being 1 pushed forward most energetically, the ! holders taking advantage of the copious supply of water. Ho new ground has been opened up lately. Tha Chinese on the Manorburn Flat, I hear, are doing first-class, and their presence givia quite an impetus to trade. Iho indomitable perseverance and energy of these own “ brothers of the moon” deserve the rich rewards that, as a rule, fall to their share. " ere the “barbarian” to adept the same style of working, and c- -opeia'c with each other, a far different s'ate of things wmi'd sin ing into existence, an the chroma growl of di-coir ent an 1 want that is now to he hj. ard from all si les would give plainto a cheerful song of hapuincss and plenty. The Ovens Water-race Company have a ain made a start on tire Manuhorikia. an t, to repeat the oft-tohl i;ile, are working hard to r :aoh the lea I they have b cn n arly twelve mouths trying for. This party of working shareholders is an esc plion to many as regards the inarm r in wide they carry on their bus ness. They work with a re arkab e degree of unanimi -y, an . followup, with a nert -in dty desaving » better succ :ss than hsy have hitherto, u t with, a y scheme th -y sen their minis up- n Everyone says thev are on the riglu track ; and, not only for th-ir own sak s, hut tor the sake of their con Si li ig creditors, it is to ho hoped that, everybody is richt in conjecturing that a rich deposit awaits the Company. Tlie Manuhorikia Company, No. 1., are still pushing forward the r workiu s on the terraces ab we Solo nou’s Face, The ground woikc l by them is, on the average, poor, but better tilings are looked forward to A one-sixth share in the claim of of this party, and a . ne-twolf.li share in the water race, the pro .-erty of a deceased shareholder, was submitted to public cotnpotition last week and realised the small sum of 95/. Company iSo. 2. are now all worki- g on the Molyueux at the Bluff, and making fair average wages. One member of this party underwent the process white washing during the past week, and got through most sati-factorily to hj, ms. lf, a clean ticket being granted him. Some little difficulty is likely to bo encountered with retard to the share held by him ; but in questions legal I will not attempt to meddle, lam entirely in the dark with regard to the Bankruptcy Law, and it is my sincere hope I mav long remain so, hut it occurs to me from the ease with which the debtor is able to wriggle, snake-like out of his skin of debt, and appear in an untarnished garment, Hie law is a miserable failure, unable to encompass what its ; framers intended, or that the fault must lie at the doors of the creditors, who, from sheer lassitude, or some other hidden cause do not interfere.

The Half-mile Beach is still in statu quo. Of-.-her claims at Butcher’s Point and oilier points of the river some are at work, but I do not hear of any very great finds. The Cutche/a Gully. Rc-f Company is wound up, ami I hear the water-wheel and pumping gear is for sale. Conroy's reef is still idle as'at so ia'thcir crushing battery, itL H-ai.agi2i.art I ecu oily assign as fctii£

the cause of this. I will not say that a fortune in connection will this reef and battery is lyin' red ly to be picket up) but I firmly believe, from my own observations and from the opinions of many who have worked in tho claim, that a snug little party under a comootomt heat would do remarkably well, let the Shareholders s~e to this anl if they hj ive not sufficient push in them to deal with the affair p-operly I would say lot them dispose of it ant give a chance to others who have.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DUNST18720920.2.10

Bibliographic details

Dunstan Times, Issue 544, 20 September 1872, Page 2

Word Count
718

ALEXANDRA Dunstan Times, Issue 544, 20 September 1872, Page 2

ALEXANDRA Dunstan Times, Issue 544, 20 September 1872, Page 2

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