THE WAIHI EXTENDED

Waihi Daily Telegraph, Volume IV, Issue 1137, 4 November 1904, Page 2

THE WAIHI EXTENDED

TO TUB EDITOR Sir,—Tlio devoiopmont, or rathor mode of dovclopmont, of tlio Wailii Extouded, is, I notice, causing much public comment and tho correspondence in tho columns of your papor is, no doubt to some extent; justified; but at tho samo time I cannot agroe entirely with tho romarlis of " Auothor Bit of Scrip" with regard to his statemont that sinking a winze on tho reef is a total waste of monoy. However, I am entirely in accord with him tint the sinking of tho main shaft should liavo been resumed, In fact, thoro appears to mo to be an ontire lack of propor devoiopmont of the mino, showing a want of olTort on the part of tho company, that, dosorvos critioism. This sho\?s the absolute fallacy of tho howl against British capital. In tho hands of an English or American company I bcliovo tho shaft would by this tiiuo iiavo been down to tho present drainago lovel, and a cross-cut would have beon well advanced in tho direction of the reef, Thoro is ono comforting aspect,'and that is that notwithstanding the dilniorinoss of tho directors, tho property possessas at least ono of tlio sovoral rich and largo roofs of the Wailii mino.—l ain, otc.. Waiting for Dbvulowient.