GREENSTONE.

Grey River Argus, Volume VIII, Issue 581, 7 October 1869, Page 2

GREENSTONE.

(from a correspondent.) * POUNAMU, Oct. 6. There is little or nothing to report in mining matters this week. Both town and neighborhood are exceedingly dull; many buildings are shnt up, and gome are being pulled down. The great race has brought in the water to the Duke of Edinburgh Terrace, and a branch race has been constructed to work the company's ground. Some delay has arisen in consequence of a dispute as to the right to carry this branch over a certain claim. When this is settled the company intend putting on a large gang of men, and commencing operations on their lease of ten acres with vigor. They have applied for an additional area of nine acres on the flat below, as a site for tailings. Not much of the water has yet been applied for by private parties. With regard to the lease held by this company, which was recently mentioned in a correspondent's letter in your columns, I am informed on authority that the report of the District. Surveyor, Mr Cooper, was to the effect that the ground could be profitably worked in much smaller claims, say of about one acre, and the general opinion on the spot is that not only is this correct, but that, if so worked by private parties, it would have been more profitable to the company to sell them the water than to work the ground themselves. With regard to the Stanley Hotel affair, about the purchase of which by the County Chairman, some incorrect statements were recently published by the W. C. Times, I think it' "right to say that Mr Warden Keogh acted within his duty, as although the amount adjudicated . « upon was over L2O, and his jurisdiction does not exceed that amount, yet any objection is obviated by both parties having previously consented to his hearing and deciding the case. This is specially provided for in the Act. Meanwhile, Mr Bath, the purchaser at the bailiff's sale, holds possession, the County loses LIOO, and Mr Hooa is solely to blame for buying a pig in a poke, and being in so great a hurry to pay ■ Mr Stanley, when the Treasury professed to have stopped payment, the amount of pay which was then owing to the civil servants and others not having been paid yet. ' ■ '■■