The Evening Star: WITH WHICH ARE INCORPORATED The Evening News and the Morning News. SATURDAY, JULY 6, 1872.

Auckland Star, Volume III, Issue 771, 6 July 1872, Page 2

The Evening Star: WITH WHICH ARE INCORPORATED The Evening News and the Morning News.

SATURDAY, JULY 6, 1872.

For the cause that lacks assistance, For the wrong that needs resistance, For the future in the distance, And the good that we can do.

GoLDMixiNG- is credited with not developing the most honest features in the ethics of a people. Goldmining m the province of Auckland' is credited with rather an unusual development of unscrupulous tricks, but the biggest swindle that has ever disgraced our goldfield pales its ineffectual fires before the infamous glory of the Green Harp. There is to-day a panic on 'Change. And well there might at the stupendous villainy that has just been perpetrated. "Rogues generally plunder strangers, and the safest house in a city is said to be that next door to the.--, residence of the burglar; But the Green Harp robbers have robbed their nearest and most intimate friends; aud the poor and the trusting have been sucked into the vortex of ruin. It is needless for us to refer in detail to the incidents connected with this mine which have culminated in the ruin to-day disclosed. The six white horses richly caparisoned that symbolised the dawn of. prosperity to Coromandel, and added eclat to the great crushing that was to electrify the colonies, were dumb actors in a scene that should fill the community with shame. The whole demonstration was apparently deliberately got up to raise the price of shares, while the soft and confidential whisperings of friendship were unfeelingly employed to gather in victims. The original .shareholders, with the exception of a few dupes left out in the cold, have all sold out at high prices, and the shares from £10 or £12, have fallen to-day to 17s Gd. Entrance to the mine had been dobarred to the public, and a few who had been admitted were apparently dazzled by a show specially prepared for their deception, and through them for deluding the public. It would appear that a common purse has been kept by the swindlers, and while one was prominently buying in the others were stealthily selling out, trading in a systematized way on the gullibility •of the public. One of the leading directors recently started with others who were innocent of the proceedings for Coromandel, and ere the boat had sighted Kapanga every share had been' in. Auckland transferred from his name, and he appeared at the mine without one share being in his possession. The great crushing was said to have yielded 1760 ozs. of amalgam, and after eight or ten days additional crushing the result could be stated only as 2000 ounces ; and on directors going down from Auckland to see this amalgam, a sight of it was refused by the manager and men in possession. It is rumoured that the mass of amalgam mainly consists of the baser metals that alloy, with quicksilver, but whether this rumour and the disbelief of it are part of the tactics of the bulls or bears nobody seems to know, and in the midst of the dazxling villianies of the Green Harp the mind on 'change is absolutely bewildered. Why the men should persistently refuse to have the amalgam retorted is yet a mystery. But public justice demands that the depth of rascality in the Green Harp should be sounded to the very bottom. It was commonly said, and is to a large extent true, that not only the prospects of the beach claims, but of the Coromandel goldfield were dependent on the results at the Green Harp. If so the perpetrators of this fraud will have a heavy reckoning to pay.