ORIGINAL CORRESPONDENCE.

Dunstan Times, Issue 557, 20 December 1872, Page 2

ORIGINAL CORRESPONDENCE.

We do not i testify our;elves with the opinions that may be expressed by our correspondents.] (TO TIIE EDITO!! OF THE DEX3TAK TIMES.) (XU I RATION. —o—

Sir, —I am flail lo inform you that a successful effort is 1 eing made in the Teviotdistiiet to ge. up a co-operative store •Such nnm-rous promises of support have been res ived that the thing is certain to succeed, a id a public meeting is about to be held to elect directors, ami to choose among the thros siter which hive been proierred. As sonic of your readers may not ha' c riven any e unite-a ion ti a question so momentous to consumers. I vvi I repeat some of the grounds which have led people hero to support the movement. It is well hn ova tint up-country residents arc co.upellc 11 1 pay an enormous advance < n town prices very much larger than any extra charges could justify. | The result ir that a greit many are compelled to jay away every thing th y cam for necessaries charged at fan ine j'rices, and arc unable to lay up fora rainy day, or to e neat e or provide j for the future of their families. Tins evil has become ro glaring in this district that the only possible remedy—co-operation—-has been resolved upon. The cipit.il required for a start will be abju , I.OJJJ, in two hundred shares of iil. etch, half paid up. Goo is will ho retailed at wholes* c piiocs, plus callage and about five cent, to provine for necessary expen us. Any balance of proliis at the e id of the year will he divided among members in prop >rtiou to ih. i> pun-hates. In mapiry, it is sail the diliacin.o will amount over thirty-live per cent; whde on groceries, to a out 10, whim as f.v harilwaro goods, the re lucti n will he ea n'm ins. Patti ig the saving all round at 2U jicr cent, it is clear th it such a store must vastly increase the wealth a ul" resources of the district. In England similar enterprises nave piovcd partly successful, a; for i istance, the Bradford stereo eminence 1 by a few working men, with a capital of £IOJ, which now has transactions of over 130,0001. per aiimira, and divides 20,01)1)1. profit among i.S raembe.S. Thero a'e many Oilier equally successful ventures of the same kind and I hope among these ■will soon be numbers. 1 the “Co-operative '■.liners’ Store,” Roxburgh. I am, kc., COMBINATION. .Roxburgh, Dec. 17, 1372. THE CAPE DIAMOND FIELDS. Tire following extracts from, the N’.itu' M<tKury will throw a goo I -U il of light on the state of thin ,s at the dll no,id ilsi is : A diamond of .ifoy carats, olf-coloured and bally formed, war foanl at Cries berg K ipje on S iturday, in a s mil section of claim which the owner ha I the previous day offered to his neighbour for Id;., and which was ref use I. Up in hairiig of the discovery the digger who hvl decline I to give the 11)1. is sal I to hive ra i frantically to a bar bar's, an Iha I his heal shave II A ninety-ei'ht oarat stone war fouu 1 at Old De B.er’s a few days ago. A di vn ml of one hundred and fourteen was uuearthed at the New Ilurh yesterday morning. In a row at Wood’s hotel a barm in got shot through the cheek. At the Mew Hush market on the . Vale three cable ig-ea realised iutees shillings. Rallies are o.u'mon in the free State A c irrespoa lent savs*; -‘‘Toe hotel in which we hang oiit has' been offered in that way—one hundred ; tickets at 10/.' A claim was got rid of by J the same me ins fir 701,, otherwise of little •or no va'uo perhaps. The Tmumat A r ewi .ic-.t ir.g; at Is. Jl. p.r sh.if ; f o,{ sa u re.ailed at (id eaeJ ; nrewoo I is real sin: Super loul; i-aulifl uvers, 3s. ti l to di. each ; cabba.es have sold for so much a. 3<. 3.1. per lieid ; doils fetch 3s. 31 per | foot; and yellow wo id planks, 7r. Cd. jei phu.k of tv, only feet.