Some Mining Revelations.

NZ Truth, Issue 71, 27 October 1906, Page 7

Some Mining Revelations.

Mt. Deddick Silver Fields—Smokeless Fuel Go.—Gone Bung Broker-* . Mine Manager Levants. "Cup time" always brings its crop o£ professional floaters of "shypoo" mines, -. and this jfear is no exceptioc. They ara ; around. about from all State?, and tho farther away the mines the more blatant |.hey are m their praises. About a dozen - • are now offered to the public. Prominent them is the long since dead and buried Mount Deddick Silver Mine. Years ago it was found away m tho far wilds .' of "Croaging-go-along"—that is" what the natives call it—by the James Brothers. After a little work was done great slugs of ore were packed and carte 4 and shipped to, the city, all of which gb.ve ■ ■' . fabulous results —on assay; It was a lontr .: way off, some hundreds of miles, so- that it was easy to issue prospectuses and geli \ off companies. ; EtIG-HL.Y-COL.ORED MAPS . „ showing the lines of reef which never ex- - isted, except m the imagination ot tn» , floater, were plastered m every conceivable and inconceivable place m city and : town, and a boom set m. Manager Clar-' - kenson wag appointed general superintend dent, and as he came ;from 'Murika, hai ■ set out to, make things hum, as he did ';%• m the way-baok of Arjzona, Pups,wer» J .floated , off the; "big" mine, until they, ,;> nearly reached-^on paper—the N.S.We bow '^ der. S\id ''big" mine ran to £16 on £17 a share, Norths to" £4 and ;£s*'K| Uniteds to pounds, the smaller canine* >,; and monkeys to shillings, and everythinJß , v;| went merry as the marriage bells. Theyi' ;g£ were a long way off, and no one couldf \sj contradict them. Said promoters wem "j strong, enough (there were a few v|| /. MEMBERS OF PARLIAMENT 1 among them), and even went s<s far aMi: to propose a railway, and there is . a le-* ;j gend told that the then Minister of Rail- ;s Ways (Williams) and tho Minister .- of■?£ Mines (Foster) toured over the momw :;| tains and agreed that it was a trreat ? field—to atop away from. An3 rway, them :^ was no railway built, and never will be^, .%. for all the ore that could be seen m the;^ so-called mines could be carted away ori ,"^ a barrow:- Nevertheless Manager Clar-.i| kenson continued to boost them all-, and /* while funds lasted they had a high: old»V'| time. There was one thing m the; first,| discoverer's favor, they stuck ta theti£gjl shares, and tumbled m ; but the booster*^ all got out. Expert Bob Moore bur«t^| the show. At the instance of Speculators* Qrice he Bpied out the country, and tn»| hired horse waßn't fast enough to ta^;;;| the first telegraph office. Flop went th.a>Sl; shares, and as capital was mopped tiflt|| as fast as it came m, the "Great Mourite T ;| 3?eddick Field"-disappeared Until thero igfji now resident only a man and a boy. ■■• :^ • - A FEW WILD 0 OATS, ;'|| and, the remains of Manager ClarUenson'o^s potato patch. ' _^: ';i Irately there has been an agitation to gw|| a railway through from Baimsdale to th»^ N.S.W. border. Here was an opportu.r| nlty %'(s take up the Mount Deddick fieWj again, and accordingly Promoter Moov»V.i and company are again on the floatingji:| rampage.. Some of the ground has beettt! repegged, while others held by the origir ■* nal lessees, and on which rent hasm'c;^ been paid, are throw,n In. The gentl«;^ public is asked to come into the parlpry| The great w«alth ol the mines was 1t»-| troduced by the railway deputati'on'whicli'^ Waited on Premier Bent on Wednesday^ but said "Thomas B. gave them to yndor-,1 stand that he relied more on tbe'landl.p than the mimes. He had .motored overs^ the iahd and seen it, but ,not ±hi<| "minefli" v well he didn't. If .hj|^ had they wouldn't have , 3| CAUSI3D HIM TO GET EXCITED : and oi*der' the railway l ;at once. r f l**^ would he have ibeen overjoyed at tt>|S prospects of the Great Silver Mine ; %t|| .Buchan, en route, which the l&te UiStoriJfi ous Colonel Morgan salted, and theiiatft belted with the butcher's wife and 'taj^ boodle of the conxpany. , „; ■' '•]