THE NATIONAL ASSOCIATION—AN EXPLANATION.

Otago Daily Times, Issue 10618, 13 March 1896, Page 3

THE NATIONAL ASSOCIATION—AN EXPLANATION.

TO THE EDITOIc.

Sin,—As I have received a letter from Mr Colclough stating that the words used by me at the meeting of the National' Association have beon gent-rally construed as a rsflection on his personal character, I desire pnblicly to say that they were not so intended, ahd that if they have been taken up in that sense I very much regret it. My remarks only applied to Mr Colclough'g presence uninvited at the meeting, and as they were made under some feeling of indignation they were perhaps stronger than they ought to have been. There was no intention to impugn Mr Colclough's personat oharacter., Trusting that this explanation may put me right with the publio and Mr Colclough,—l am, &c, , Duuedin, March 12. Thomas -Fergus.

A stitch in time saves nine; " Indian Chief" Cigarettes are of the pnrust quality, and save you from the unpleasantness of inferior brands. The activity of the local sharemarkets is abnormal; and yet it cannot •be considered unwarranted when we look at the volume of business transacted iv London in some of the least known of New Zealand G.M. Stocks. Many of the names quoted below (from the report of a reliable correspondent) are, we venture to say, totally unknown here at onr doors, even by the men whose business it is to know (or pretend they know) all the latest good things on the market. Of course all tha world (or at least all New Zealand, which is more important) has heard of the phenomenal advances realised on Waihi and Hauraki stock, but there are many others loss known to fame that at least deserve tho attention of investors. Of course all are not equally successful, aud the folly of the promoters is seen in the pitiful attempts to keep above par in scrip such as the " Golden Till Expended." How could a mine prosper with Buch a name? Take another, that great great gold - producer " The Defeat." The only gold ie produced was from the pockets of tho unlucky shareholders. Another series of mines invite confidence from tbo public by virtue of being in the same provincial district as their more established brethren. Names are chosen suggestive of coming greatness, such as the " Waihi-North-by-Ea>,t-Ex-tended No. 18." There is a good deal in a name, and some names find favonr with the public. Vanity Fair caught on at once, as being the best cigarette in New Zealand.