THE GOLD EMBARGO
Writing in the Christchurch Press Mr John Hessey says:—"l was pleasec to see that the alluvial gold miners ol the West Coast at Hokitika have taker up the subject of the rebate of gold caused by the embargo during the war. 1, as an old dredge gold miner, have suffered very heavy losses through the war on account of cost of material, wages and coal. As an example of increased prices, dredge buckets, which have frequently to be renewed, rose from pre-war prices of £l7 to as high as £6O per bucket. These, with all other rises, killed the dredging industry. Had we been able to get wliat the gold was worth when exported, the industry v.mild bave been going on to-day. There are quite a number of dredges idle to-day which would have been at work had we been able to get the advanced price of gold. Had I been 'ware that the meeting was taking :)lac<> I would have been present to assist the deputation.”
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https://paperspast.natlib.govt.nz/newspapers/HOG19210225.2.22
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Hokitika Guardian, 25 February 1921, Page 3
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170THE GOLD EMBARGO Hokitika Guardian, 25 February 1921, Page 3
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