At Waitakcrc iron ore exists in considerable quantities. This is a fact worthy of consideration. The price of iron lias increased all over the world, and the immense demand consequent upon the innumerable uses to which the mineral is now applied is almost certain to maintain, if not increase, the present high rate. It wo lid be a great benefit to this colony if wc could manufacture a portion of the iron to be consumed in railway construction. If a company were formed aud successfully worked, a very large sum of money which now leaves the country could be retained in it for re-iuvestmeut. We trust that the Superintendent will be iuduced to appoint some competent mau to investigate as to the probability of a scheme of the sort paying the investors, —Waikato Tima.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/TGMR18720727.2.19
Bibliographic details
Thames Guardian and Mining Record, Volume I, Issue 250, 27 July 1872, Page 3
Word Count
134Untitled Thames Guardian and Mining Record, Volume I, Issue 250, 27 July 1872, Page 3
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in