TARANAKI IRONSAND.

Taranaki Daily News, Volume XXIII, Issue 144, 12 July 1901, Page 2

TARANAKI IRONSAND.

The Auklnd •Har of Tu;s?ay la«t publ'shes their L udon correspondent's n is, aoDO'ifs'i which are feveral references to the mission of Messis, Cadman and Smith on their ironsand development He stitts that Mr Cadman had an interview wih the managing pari ner of Vicinens and Co., who endors d the proc ss ard expressed his willingness to render eve:y as'istmce. A. representative of a large firm in Fri' ce had alsa b en across to make enquir'es, atid a large Engl ; sh firm se med wih t l e effjetivenes* of tin Smith pvtent process, and wes like'y to take the mat'er up. Iron m -rcbants, mining men, and othei's had al.'O in'erviewrd Mr. Smith, thus showthat ine:ost is teing taken in the entt-i pr'se. Ho adds that " bath Mr. Oadawn and Mr. Smith are sanguine of mocess, and f.el confident th;t hey will ob ain capital sufficient to car.y rn iron works on a much move comprehens ve scale than they ant'cipited when th<y left New Zeikni. Mr. Cadman bas drawn up a plain sta'enunt of facts to show the es imit-=d cost of production, wages of hbour markets, etc., which is like'y to proluca a good effect. Mr. Cadman's sober and ciutious m inner is an excellent foil to Mr. Smih's romewaat ebu'liant en*husiusm, and the temperate minner in which the formtr puts his c S3 is that of a min who feels sure thst he his po*; a gob! thing which neds no b'owing or bragging torecomm nd it, and should go far to carrying convicion to intending investors. I sincerely trust, for the sake of the cobny, (hat the Smith-C dmm combination of enthusiasm and raotion will carry the day, and that the i.oa will not e.it?r into their soul, bus that they and their eap'ur.d capitalists may soon cry in olio: us, " Goud iron !"