Te Aroha AND Ohinemuri News UPPER THAMES ADVOCATE. SATURDAY. MAY 4, 1895. COGITATION.

Te Aroha News, Volume XI, Issue 1736, 4 May 1895, Page 2

Te Aroha AND Ohinemuri News UPPER THAMES ADVOCATE.

SATURDAY. MAY 4, 1895. COGITATION.

• This above all—to Shins own self be true, And it must fellow as the sight the day Thou causfe not then ba faleo to auy man. . , v Shabvsfbasb.

If' .tVjSb -thdt calletti;®'thing into his mind - , '•whethet by, impression or record®1 fcion, cogitatefcli and 'ecinsidereth ; and he ; tiiafce<nplbyefch the faculty , 'pf.his fancy also cogitateth.” . V ‘ ■ - - ■ : —Dobd Bacon. Respecting the Undesirable Immigrants Bill, Asy,©. are informed on good authority that it will appear early in

Undesirable Ik-< migrants Bill..

the coming session, but shorn of the excrescences— including the. possession of

L2O clause—that made it such an interesting measure when first presented to Parliament. The chief aim of the amended Bill will be the exclusion of Asiatic aliens, criminals, and lunatics, and it will probably deal with foreign contracts for cheap labour to be employed in Now Zealand In view of a possible offensive and defensive alliance ’iW'.xt Japan and China, our legislation 'n this direction is n»t likely to escape the a'tention of the hew Power in the Est; and the fact that Japan has sudd >n’y leaped to the positio * ef a first-cl iss naval Povrrr, and Want"? an outlet for her surplus agri-

cultural population, all give added point and interest to the discussion on the favourite measure of the Minister for Labour.

Perhaps never in the history of the Upper Thames goldfields has there been a time when

Our Prospects

our prospects were brighter than at pro-

sent. There certainly never was a period when such an amount of foreign capital was being introduced.. This must result in greatly accelerating the development of our natural resources. Considerable profits have been made in resale of shares in. promising companies, now that English oapital has been so largely attracted, hut we are only in the infancy of the impetus to general business, that-must result from the systematic and scientific opening up of the many auriferous , lodes scattered through that great belt from Te Aroha to Coromandel. The reduction in the price l of money has had a great deal to do with the development of mining enterprise. Fortunes are being made iipn London by mining investments in the. Transval and other countries, and the mouth to mouth whisper of them has stimu- ; lated investment from all sorts-and conditions of men, with the usual proportion of land sharks. It is to be hoped that the splendid- opportunity we are now having of securing the necessary monetary aid to put our provincial mining industry on a scale commensurate with the natural richness of the deposits, will not be spoiled by .tho desire to “ float ” areas that are worthless. There is unquestionably a great and prosperous future before us, but it must be guided by strict principle and intelligent .scientific working, a remark we feel assured will be well echoed by the local leading operators on'the exchange.