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New Zealand Herald, Volume XXIII, Issue 7824, 18 December 1886, Page 3

The New Zealand Times aaya:—*« Mr. Price Williams, the eminent English engineer, <is now in New Zealand, with the object of furthering a movement whioh,was OB foot for developing" the resourced of the colony, and has visited the north-we«tem portion of the South Island'for this purpose. He has., returned to Wellington, .and we are glad to hear that the result of hi* impaction • of the Ollingwood coalfields it bo favourable that he has cabled homo for immediate action, to be taken for their development. It ii understood that the necessary capital, eati« mated at £150,000 eaoh, for two mineii, will «i once be forthcoming, and double the amount, if requisite; also, that active operation* will be undertaken without delay for opening an the Collingwood coal, and brlngin* It Into the market in large quantities. \|[fc la in. tended, we believe, to run out a long wharf into deep water in Golden Bay, so that the largest ooean steamers, such as the Bimotakt or Arawa, could go alongside and coal, that avoiding the extra cost of conveying the coal , to any of the regular ported j**