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THE TERAWHITI GOLDFIELD.

y "■:'■"■ ' : ' 7 (MOBHINCh HEBALD,) , v >■ The Terawhiti goldfield, which has been puffed up, m season apd .opt of season,, tor some, mpntha past, promises' to be as great a failure as the Canterbury diamond fields. After a long agitation several companies W6re floated^ and sufficient fuiSdevwere thns obtained to have the 'field /'thoroughly testied. Over 300 fobs of quarta have been crushed, with the result that scarcely' 11 ounces of gold have been obtained! There never wa9 a better illustration of' the mountain m labour bringing forth a mouse. That the test has been' a thoroughly praiiticalpne cannot be gainsaid, for, the crushing of. such a large body of st<W as 300 tons put the result as to the general gold-bearing character of the cfohe beyond question.Ihe blow wirrbe t ~a severe- one tor Wellington^ The Empire cify^^ull-^nd unenterprising thoagh,iasLa« rule, it is, worked itself up into a fever over the jgoldfield T> whioh' wiis ••suppoee 1 d Jto 'lie amidst the broken country to the - w^st of Port Nicholson. Visions of a new. Bendigo or Thames arose- before: jihe eyes of Wellirigtoniane, and the' Sleepy wOoden cfty, which is '6nfy saved from insignificance by being'tho seat oi Government, thought it saw prosperity idawping upon it— a prosperity that would, make; ifc the capital of ; the colony; m a material sense as well as m name. A targe^ampun^ojf money harbeen sunk m the "enterprise, and 'dashed 'hopes ,will therefore be accompanied by serious financial 1038. That ;the~ field' should ' tdrn' ! out a " d__ei:"4s to.bei rejfrett'ed^. for Wellington wanted a gocd goldfibid .badlypanJ tlie'cbfbny -would have been much the better for it at the : present juncture. Doubtless BumeiWelin^ton' citizens will still pin their faith to ihe enterprise, but tbe calm-mindad, 'sensible, men amongst them will grin and bear; it^and button -up their pockiets a^dihst future ventures or this risky charac er. .

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS18831029.2.16

Bibliographic details

Manawatu Standard, Volume 4, Issue 279, 29 October 1883, Page 2

Word Count
313

THE TERAWHITI GOLDFIELD. Manawatu Standard, Volume 4, Issue 279, 29 October 1883, Page 2

THE TERAWHITI GOLDFIELD. Manawatu Standard, Volume 4, Issue 279, 29 October 1883, Page 2

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