OUR PROSPECTS.

Thames Star, Volume XVI, Issue 5082, 29 April 1885, Page 2

OUR PROSPECTS.

(To the Editor of the Evening Stab.) Sib, —You,certainly deserve the thanks of the residents of the Thames for your leading article in last night's Stab re tho prospects of the district. That the field is in a state of lethargy none can deny, • and, as suggested by you, a public meeting would doubtless be the best means to arouse the people from this state, and spur them to take immediate action for the future welfare of the district. The field has yielded a large amount of gold in the past, and although the returns at the present time are not nearly as large as they | were a year or two ago, it does not follow that our prospects will always be as gloomy as they are just now. What we want is one or two strong legitimate companies in our midst, composed of men, who will each pay their fair share of tho. ' expenses, and not those -who refrain from paying their calls till the last moment, id. the hope that in the meantime something good may be unearthed, and in which case they would soon claim their share. Were the high level water race scheme carried out, and a bona fide company formed to prospect what has been termed our back country, I feel confident they would be rewarded by handsome dividends, as our surrounding hills have in the past yielded a large amount of gold, and are well known to be auriferous, but the expense of conveying quartz to the batteries is so great that it requires high-grade dirt to be at all remunerative. I would suggest that some endeavors be made to induce an English company to take over some of our > buck country, as were operations carried on systematically, I believe they would result satisfactorily to all concerned, and • the field in general. Perhaps were Mr Bayldon communicated with while at Home, he would inform us how a project of this nature would be likely to be received, or he might induce capitalists to join in an enterprise of this kind. However, sir, I trust the Mayor will convene a public meeting as soon as possible, in order that the position of affairs may-be fully discussed, and the feeling of resident! taken on the subject.—l y am, &c, , PBOGBEBS.