THE GREY.

Nelson Evening Mail, Volume I, Issue 56, 9 May 1866, Page 3

THE GREY.

Speaking of the general prosperity of the Grey gold-fields, the Argus of the sth inst. sa y S : — There was never a period in the history of the Grey gold-fields at which so much general activity and prosperity prevailed, and the most favorable symptom is the disposition of the miners to set to work earnestly and systematically by means of the most improved aud permanent appliances. Daily discoveries are being made rivalling the most famous of former days ; whilst, on the other hand, it may safely be asserted that the miners generally were never so prosperous as they are at present. It was at one time predicted that the fortune of the Grey district depended on tbe beach workings, and that these would speedily be exhausted. But not only has the interior proved richly auriferous, but the beach diggings have and are developing themselves at a rate which bids fair to make them perhaps the most important, and as lasting as the inland districts. The wealth which is being brought forward ou the North Beach terraces is almost fabulous, and examination hns proved that there is yet a very extensive area of rich ground equalling that iv occupation. The most interesting feature is tbe discovery of equally rich deposits below those already worked — and this format ion may exist iv a still more multiplied form. At the inland diggings, ground supposed to have been worked out, is found to repay farther labor, and here again successive deposits of auriferous dirt are found. Places skimmed over and deserted, are now proving rich sources of wealth, and numerous localities which have been neglected, are being turned to good account by means of water-races. New discoveries of payable ground are constantly occurring, which provide ample and remunerative employment for all who choose to test them. Whether we turn to the Arnold or the Grey, we find each and all of the gold-fields ih a prosperous condition, and affording evidences of the confidence of the miners in their permanency. The long 'talked of tramroad from Cobden to Poiut Elizabeth is likely soon to be an established fact. In a few days we are informed a company will be formed for the purpose of carrying out the undertaking, and there is every probability of its being successfully carried through. The large increase of population that has taken place on the North Beach terraces, and the brilliant prospects of those diggings fully warrant the belief that the projected line will be successful iv tself, and a great public convenience.