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New Zealand is a rich gold-producing country. This is not one of its least attractions to the adventurous in the mother country, who may be desirous of emigrating but are in doubt where to go. The last published Gazette shows that there has been exported from -this colony, up to September 30, 1874, from the Ist of April, 1857, no less than 7,510,493 ounces of gold, worth £29,222,845. This is an enormous output of the natural wealth of the country. The gold is not confined to any single provincs, however. It is very generally distributed over the colony, as die following figures v/ill show : Total Export to September .!0, 1874. Auckland .. .. 910.2G3 ozs. .. £3,228,64S Wellington .. .. 30 „ .. 120 Marlborough .. .. 42,8-15 „ .. 1G0.094 Nelson 1,372,24 S „ .. 5,443,070 Westland .. .. 1,872,614 „ .. 7,397,808 Otago 3,312,493 „ .. 12,030,505 7,510,493 OZ3. £29,222,845 Few countries in the world can show results like these with a population, at the present time, of little over 300,000 persons. But if we consider how few of the industrial population even wore engaged in mining pursuits, the result will appear all the more startling. "We think, indeed, that a knowledge of these facts in the United Kingdom would have a marked influence in diverting the stream of voluntary emigration to New Zealand. Coming to die return for the last September quarter, we find a falling off in the gold export, as compared with the corresponding quarter of 1873, amounting to £96,538. This, however, is attributable Jnjiart .to,the severity of the season, ulitr to tad aemancf lor labor oa t „.iiiiC works. There is no evidenca whatever that the supply of the precious metal is being exhausted. Indeed, the export from Otago for the past September quarter is considerably in exoess of the export during the corresponding period of 1873, and we may add, that the quartz reefs of Otago are now paying handsome dividends to the fortunate proprietary. The following was the gold export for the September quarter, 1874 : Auckland .. .. 10,414 ozs. .. £79,823 Marlborough .. .. GSS „ .. 2,500 Nelson .. .. 20,435 „ .. 81,095 Westland .. .. 19,734 „ .. 78,933 Otago 20,542 „ .. 100,453 80,783 ozs. £349,404 Now, if we take the September quarter of the present year as an average for the twelvemonth, we have an export of gold for the year amounting to £1,397,970. This is peculiarly gratifying, because it shows the large resources of the country, and its perfect ability to boar the demands upon it in prosecuting the public works and immigration policy.

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https://paperspast.natlib.govt.nz/newspapers/NZTIM18741024.2.9

Bibliographic details

New Zealand Times, Volume XXIX, Issue 4242, 24 October 1874, Page 2

Word Count
403

Untitled New Zealand Times, Volume XXIX, Issue 4242, 24 October 1874, Page 2

Untitled New Zealand Times, Volume XXIX, Issue 4242, 24 October 1874, Page 2

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