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Taranaki Herald, Volume I, Issue 14, 3 November 1852, Page 3

We have received our files of the " New Zealander" up to the date of the 16th ult. by tbe Overland Mail from Auckland. bur Mends in the North appear as vigorous |8 eVerjn their efforts to discover gold ; a .had been held in the Royal Expjatige, " which, although nominally conffined in the first instance to the subscribers to the gold reward fund, was crowded by numbers of others whom the engrossing attractiveness of the subject drew together." The following advertisement appears in the " New Zealander" of the 13th ult. :— "The committee, appointed at the meeting held at the Hoyal Exchange Hotel, on Monday, October 11, are prepared to pay a reward of £500 certain, and i such further sum as the net subscriptions shall amount to (probably £500 more) to the first person who shall discover and j make known to them a valuable gold field, situate in this district of New Zealand, be- . tween the 35 ° 40* and 38 ° of south latitude. The value of the gold field must be ' proved to the satisfaction of the committee before Ihe reward will be paid." i It was understood that more than one claimant for the reward was already in the field, and we believe there ie no doubt that gold has been obtained from a specimen alleged to be native to the district, A reward of £1 00 has also been offered for the discovery of a coal field in the Auckland district. With reference to the alterations in the New Constitution Bill, tbe " New Zealander" says :—lt: — It leaves untouched many points on which we anxiously desire information; but it contains the important announcement that Sir John Pakington had yielded to the opinion of those who thought that (in conformity with the "earnest recommendation" made by SirG. Grey in his despatch on the Form of Constitution which he deemed best for New Zealand) tbe superintendents should be elected by the respective Provincial constituences; and also that the New Zealand Company's debt should be levied, not as before proposed, by a tax of sa. per acre an the land sold, but by an appropriation for the purpose of one-fourth of the/proceeds of the land sales. At the first blush, this strikes us. as a less bad arrangement than the former, as it doe 3 not thoroughly preclude the possibility of obtaining cheap land, and may open means which> by an ingenuity perfectly legal in a case of such monstrous injustice, the colonists may teach.

the company that they hare noj made quite so good a bargain as they suppose. We have received copies of the " Cross" by the " Eclair," from Sept. 10 up to Oct. 22, being the first that have come to hand since our commencement, although we have regularly forwarded a copy of our paper to that office— a courtesy generally observed by journalists. '