PERSEVERANCE MINE.

Nelson Evening Mail, Volume VII, Issue 294, 10 December 1872, Page 2

PERSEVERANCE MINE.

To the Editor of the Nelson Evening Mail. Sir —At the risk of being considered a nuisance, I must ask your permission to bring the subject of the managsment of this mine once more before tbe shareholders. Some time time ago there was a great falling in of earth, endangering human life; no account of this appeared in the papers, though it was generally reported about town that it was owing to mismanagement, and that had it " happened in Australia every man implicated would have been discharged." It is only a fewdays since I heard that, on the strong recommendation of the management, a pump had been purchased and erected, and new pipes cast at our Nelson foundry purposely for it, and that when everything was ready, it was found that it could not be worked by horse-power, and a request was sent to our wonderful body of directors for a steam-engine to work the pump —not to ciush the qiiariz ! Immediately after I heard about the said pump, I received a letter from a very experienced quartzminer on the West Coast, in which occurs this passage: — " Appropos of crushing, how about the Perseverance. I see hy the papers that the late crushings have yielded pretty well, but do they declare a dividend ? As I take it, it is of little use in reducing so much quartz, if the shareholders do not profit by it; and that Colling wood mine appears to me a mysterious mine, containing gold, but of no earthly use to its proprietors " I would guarantee that, a party of Tributers tcould make something out of it for themselves, and something also for the Company; but pay it never will under the present management; there can be but one opinion upon that. Time proves it." Yours, &c, ' A Duped Shareholder. P.S. —As I said in a former communication' had this mine been well managed from the commencement, Nelson would have been a little more lively, for money would have been invested in other enterprises, whereas the public are so utterly disgusted, that this feeling will materially affect the grand work now, occupying the public mmd —namely —a road of some kind to the West.