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THE Thames Advertiser Favour to none; fear of none; justice to all. MONDAY, JUNE 10, 1895. THE AUCKLAND MINING BOOM.

The e-eni? nf the lost few days have been ;-:o startiin? that we cannot refrain

from saying a word or fcv/o of to the c.;;cifcecl intesiois who have bsen crowding iiie Exchange in Auckland and buying up' every shave offered in any venture that had any pretensions to be situated within "coo-ee" of ground from which even the most .meagre results have been obtained lately. The stone from the Legge's tribute which has been lying here for some months in the Bank of New South A Vales and has not led our easehardened investors into any unusual exhibition of enthusiasm seems to have been honoured in Auckland as the veritable philosopher's stone that turns all to gold, and lias been responsible for a mad outburst of reckless speculation in any venture at all that could claim even the most distant "cojjrao o phical cousinship with the home of this grand specimen. The story of Friday and Saturday's mad pranks shows that human nature has not changed much since the days of the South Sea Bubble. The public seem to have begged the brokers to take their money and put it on anything at all in the G'oromandel district and these gentlemen have only been too willing to oblige. New companies were fixed up in a twinkling and all the shares rushed off instantly.

The gambling fever seemed to seize the whole population like an epidemic and it is greatly to be feared that very little money so insanely invested will ever return to its quondam owners again. There is no doubt that our goldfields do oiler great inducements for the legitimate investment, of capital, but there is no reason for this insane hurry to be in the swim. The Held is of such abundant extent that probably some of the best gold producing areas a,re not pegged out yet, and there is plenty of time for the investing public to wait until cautious investigation has been made into every venture that offers itself in the mining market. There is no doubt that we are on the eve of the greatest development of ibe mining industry yet witnessed in this colony, but the good time will not be hastened by a mad desire on the part of the public to have its finger in every pie that is set before it by the designing promoter,-who is ever ready to furnish his easily pleased clients with some wild cat scheme into which they can chuck their hardlyoarncd dollars. It may safely iie said that not veil per tout. !»t the money invested last weuk will ever be recovered again either as capital or interest by the fund and foolish investors. The only bright .side of the madness is that the money has been kept on the spot and has merely been shifted from the pockets of Peter to those of Paul. To .Auckland investors who are not'" clean gane wud " we would say " prove all things, hold fast that which is good." Some of the safest and soundest investment!) will be found situated within the Thames proper district. Those which are about to be systematically worked at the deep levels will doubtless turn out rich stores of the precious metal when taWi) in hand by the proper people,

At the Licensing Committee meeting held at Tauranga on Wednesday all the licens§i were granted except a new application fova house at Galatea, which was refused.

Our kopu friends are going to have a groat treat on Friday night. M r Waddell. who is one of the best exponents of fjcottish humour and song we have ever heard, will give an entertainment in which lie will be assisted by sonic excellent Thames talent. Tlie evening will wind up with a dance.

John Fitzp:; trick, who has been prospecting lately iiuthe Waitekauri district, was brought into the Hospital on Saturday night sullering from a compound fracture of the arm, which happened while he was out prospecting and fell down a clilT. The fracture has been Set and the patient is progressing as favourably as can be expected.

As will be seen in another column Mrs Ijagol Birch is going to give 011 Friday one of the costume concerts, which have been received with such enthusiasm in Auckland. The company will comprise the favourite operatic prima donna (Madam Goldenstedt), Mr John Birch, whose coster songs have caught on so well, and other high class artists.

Mr W. S. Aicken, who is a well-known Thamesitc and represented the A'ho /jti* htnil Jlnr/iU here for some years, has )ust commenced business as broker and mining agent in Exchange Buildings in Auckland.

Mr Aicken has just started in the nick of time and we feel sure that with his mining knowledge and excellent business qualifications he will soon secure a decent share of the good things going. We wish him all sorts of luck'. Mr Aickiu is a younger brother of that fine specimen of humanity, .Mr Graves Aicken, the leading chemist of Auckland, who began his business career here early in the seventies.

A meeting of those interested in the formation of a Rover senior football team was held at tlio Pacific Hotel on Saturday night. Mr iT. Mclntyrc occupied the chair, and explained that the meeting was called to form a team to compctc against the Thames Club. After Mr Paul had said that the bounty had come to sec whether the 1! overs were agreeable to go with them and form a senior team, it, was proposed by Mr James, seconded by Mr Dare, that the County and Rovers amalgamate. This was carried. Mr (I. Paul was elected captain. The colours chosen for the seniors are red and black, while the juniors have chosen blue, with maroon sash.

A very old and respected colonist in the person of Mr J. McWilliams, passed peacefully away at his residence, Pahu street, on Saturday morning at!) o'clock, after a long and painful illness. The deceased has been ailing far the last eighteen months from consumption of the throat. He leaves a widow and seven adult children to mourn his loss. Mr McWilliaiiis was a man of thorough upright principles, and during his career in life held some very responsible positions both under the British Government and also the Government of New Zealand. He enlisted into the army when very young, and did duty in H.M. -iOth Foot and the 77th and 09th Regiment, and he was in receipt of Her Majesty's pension for services rendered. He was in charge of the police force in the early days of the Thames, and lie was bailiff of the Warden's Court at Maelc'.ytown, at the opening of the Ohinelatin goldlield. IJy Uh. removal of ImiW'usjt and riiU'cwhineir. he amongst- other?, vevo thrown out of employment. Siucc then he has been caretaker of the Old Men's Home for the last six or seven years, which position he hold up to withiii six mouths ago. During tli3 time he was in charge of tlx Home twenty-four nsrcrl. vetvans wea; placed in Mifiir last Wvj.ig east !;,y him, He was umve<'ouiij' W hi) wi': l whom he came in contact, lie »a.: uiLc-Voc: .yesterday privately at Shortland Cemetery, the services being conducted by the Rev. S. J. Neill. JPOWMS OF MGUVEIIATION,. Are existentin even the feeblest system, and it only needs a wholesome invigoranl. like Wolfe's Schnapps to stimulate them,

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THA18950610.2.6

Bibliographic details

Thames Advertiser, Volume XXVII, Issue 8145, 10 June 1895, Page 2

Word Count
1,255

THE Thames Advertiser Favour to none; fear of none; justice to all. MONDAY, JUNE 10, 1895. THE AUCKLAND MINING BOOM. Thames Advertiser, Volume XXVII, Issue 8145, 10 June 1895, Page 2

THE Thames Advertiser Favour to none; fear of none; justice to all. MONDAY, JUNE 10, 1895. THE AUCKLAND MINING BOOM. Thames Advertiser, Volume XXVII, Issue 8145, 10 June 1895, Page 2