A NEW ILLUMINANT.

Otago Witness, Issue 2295, 24 February 1898, Page 15

A NEW ILLUMINANT.

Sydney, February 21.

Some time ago considerable excitement was caused by a new illuminant, consisting largely of atmospheric air. The discovery was exploited by the promoters bo well that there was a great rush for ahares. For LlO shares the pries rose to L 79 each, and great eagerness was displayed to get into snob a good thing. The whole affair is now believed to be a swindle. Much was made of an alleged offer of LGO.OOO for the New Zealand rights, and about L3OOO was paid to the inventors, who also received three-fourths of the shares, which they partially realised. " Where are those parties now 1 " is tbe burning question. Warrants hnve besn issued for tha arrest of two of the inventors — Frank Elliott and G. W. Lee — whoa? digappaarance led to inventigation, and ths discovery that they had occupiel a room au.j fining the one in which tha demons! ration of the new light wsb made iv tho presence of the shareholders. Xt is alleged that by utilising a connecting door belw6en the two rooms the meter in, whiob, the oxperiments were conducted, was con*

gt&ntly replenished vritb Riwotine, or fcpz&t siniiUii ooia pound.

The Hmji. J Garrard. Mlntetor for Tfidsus* tion, and Mr John Ofc»h iieild, tvittuhtr fv.« PaddinKton, are tmongs ■. a nuir.bex of. viellknown men prominently :r.terost«d anu victimised. ! j j