SYDNEY.

Lyttelton Times, Volume VI, Issue 402, 10 September 1856, Page 7

SYDNEY.

THE NEW GOLD FIELDS. The news from the Rocky Biver, contained in our yesterday's issue, is more circumstantial, hetter authenticated, and at the same time more encouraging than any that has been previously received. Mr. John D. Davies, for instance, vouches for the truth of the following statement ; —" During the past week Mr. Birrell got 20 ounces; M'Carty (two men), 60 ounces; Polley (five men), 96 ounces; Waterford and Madden (four men), 51 ounces •„ Williams (three men), 20 ounces. These parties are considered to be doing well, though there are others doing much better. It would be impossible to form anything like a correct estimate of the weekly yield, as the greater portion of the gold is sent doAvn by private conveyance ; but the feet that hundreds of ounces of gold are every day hawked about in search of buyers is a sufficient proof of the richness of the diggings." Our own correspondent adds:—" Prospecting, sinking, and washing, continue simultaneously. Many are procuring gold, the whereabouts is not yet ascertained —a party of three of this class disposed of 147 ounces—and, though watched, evaded the curiosity of their friends. Some of the sinkings on Mount "Welsh, a mile^ distant, are turning out most satisfactorily—four and five ounces to the bucket of the richest strata, and, in other instances, 80 to 1-50 ounces the cart load; another instance of 100 lbs. of stuff turning out 100 ounces of gold. Great quantities were offered for sale on Saturday, but the buyers are few; some parties could have bought 500 ounces, but buyers are shy in running such great risks. A public meeting is to be called for the purpose of petitioning Government for such a .desideratum. The evil extends to the diggers. They complain that they have plenty of gold and cannot sell it. Some parties have as much as 170 ounces for sale." He also gives his authority for the statement that £'10.000 worth of gold was sent forward by private hand in one week, and in confirmation of the truth of this report we read that more than two thousand ounces of gold were brought to Maitland by Messrs. Cohen and Co.; there is, therefore, ample justification for the immediate starting of an escort.— Sydney jtforningHerald, Aug 19. The Waste Lands Bill.—The first clause of this bill, which is now before the Legislative Assembly, enacts that the waste lands shall be alienated by sale only, according to certain regulations thereinafter provided. The 2nd clause provides that nothing in the Act shall prevent his Excellency from excepting from time to time such lands as may be required for public pui> poses, &c. The 3rd directs that all lands shall be surveyed before put up for sale. The 4th authorises his Excellency to convey purchased lands to the purchasers, according to the usual forms, See. The sth section requires that the Governor shall fix the time and place of sale, and shall cause a notification of the precise lands to be sold to be published in the Government Gazette. The Oth requires that the lands offered for sale shall be distinguished into clauses and allotments. The 7th fixes the lowest upset price at £1 per acre. The Bth clause empowers the Governor to name a higher upset price on lands of the third class. The 9th clause enables the Governor to sell by private conduct, under certain regulations to be made for that pin-pose, any lands that may have been put up ibr sale, and not bid for, provided that they shall not be disposed pf at less'than the upset price. The 10th

section directs that the deposit purchase money, not less than one-tenth of the whole price, shall be paid at the time of the sale, and a contract entered into for payment of the residue, that government debentures and immigration remissioVi orders shall be receivable in payment. The Hili section determines the amount to be paid on ceeds of grant. The remaining two clauses of the Bill enable the Governor, as formerly, to is*.v> timber cutting and pastoral licenses, and also to provide for the regulation of the goldfields. &c— lbid.