THE MINERS AND WATER-SUPPLY.
[xo the editor.] Sir —After looking over the figures in your paper of Saturday last, and reading your careful leader on the above-named subject, I can only come to the conclusion that wo have simply got a further instalment of data to go upon respecting the question at issue between the Government and the miners of this district, viz.—Does the Government draw sufficient revenue from all sources as to allow them to fairly reduce the price of water ? I think the only way to come at this would be to put the figures in something like the following shape :—lm-primis.-—The first cost of channels, dams, fluming, and connexions (or portions thereof) chargeable to this neighbourhod should be capitalised, say, at a certain date. Debit 5 per cent, per annum on total amount (leaving out for the present any charge for sinking fund). Now add to that, all subsequent expenses to date on channels, dams, races, flumes, Ac., that have been bona fide expended for the benefit of this particular district. Total this up and give per contra moneys received from all sources appertaining to the above subject. We then might perhaps, if not too obtuse, arrive within a chain or so of the truth.—Yours, Ac., Scrutineer. Kumara, February 16, 1884. ♦
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Kumara Times, Issue 2332, 18 February 1884, Page 2
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214THE MINERS AND WATER-SUPPLY. Kumara Times, Issue 2332, 18 February 1884, Page 2
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