THE Evening Star. Resurrexi. THURSDAY, NOVEMBER 18, 1875.

Thames Star, Volume VII, Issue 2145, 18 November 1875, Page 2

THE Evening Star. Resurrexi. THURSDAY, NOVEMBER 18, 1875.

People are asked to suspend their judgment on the Tairua Goldmining Company's business until an opportunity has been afforded of hearing both sides' of the question. After the statements made at the meeting on Saturday night, and the course adopted, by the directors in refusing to accept the manager's resignation, and. at the same time peremptorily dismissing him from his office, something must of necessity be done to clear up this very ugly looking business. Mr J. B. Beeche, the dismissed manager, has notified his intention of vindicating his character by an appeal to the law. It would therefore be highly improper and unfair to comment upon that part of the affair with which Mr Beecbe's name has been so closely mixed up, and we arc content to let remain unsaid much that we.felt inclined to say at the first blush of the expose. Then the chairman of directors has been associated with this matter in a way which that gentleman resents, for we find in Tuesday's Cross the following letter:—

THE TAIRITA GOLDMINING COMPANY

To the Editor : Sir,—ln your issue of yesterday there appears a paragraph, stating that one of the directors of the Tairua' Goldmining Company, Limited, threatens cr-iminal proceedings against the chairman, who is charged with disposing of his shares tinder peculiar circumstances. With reference to which, allow me to state that I challenge that director to substantiate any charge of my having done anything dishonourable in the matter, the only peculiar circumstances attending the transaction being/ my having sold lhat director shares on or about the Ist August last without de« maudiug cash at the time.—l am, &c. W. B. Jackson, Chairman Tairua G.M.Co. (Limited). j The same gentleman also sends a letter of a similar tenor to the Herald, appear-* ing in yesterday's issue, which we also reproduce:— THE TAIEUA QrM.CO. To the Editor of the Herald. Sik, —In your issue of the 15th certain statements appear to have been made by a director of the Tairua Goldmining Company (Limited) very damaging to me. I would therefore beg to state that there is no foundation whatever for such charges, and I challenge the director alluded to to verify any charge which would accuse me of any dishonorable transaction.—l am,-icy' „, t, t W. B.Jackson. Chairman, Tairua G.M.Co. (Limited). Ifc will thus be seen that while Mr Beeehe is determined to vindicate himself

in a legal way, Mr Jackson challenges his accuser to substantiate Iris remarks, preferring to take a defensive position to the aggressive one chosen by Mr Beechc. The issue of these complications will be looked forward to with interest; and whatever that result may be it will be more satisfactory if the cause is not prejudiced by newspaper criticism. With the legal aspects of the case, therefore, we have done. But there has been a wroDg done in another direction, which J carries with it no legal responsibilities. We allude to the highly colored report's which have appeared from time to time in some portions of the public press regarding the quality of the Tairua Company's stuff and the prospects of the mine, while information of the character gleaned by Mr Ehrenfried during one short visit has been religiously suppressed. We do not wish to indicate more particularly the parties who have been to blame in withholding the truth, but the public have a right to expect some explanation of their share in this business, although such explanation will be but poor satisfaction to those who have invested money on the strength of these reports. It is much, to be regretted that anything should have occurred to excite suspicion as to the honesty and integrity of persons actively engaged in mining, but it is infinitely worse • to find that a portion of. the press has been instrumental in misleading the public on this matter. For ourselves we may say that we have ever exercised caution in publishing reports from this field, and on several occasions consigned to the waste basket contributions from correspondents that we thought were too highly colored, or too sanguine in tone. We could wish a similar caution had been exercised in other quarters. We should not now have to deplore the state of things which exists in connection with what a few short months ago promised to be one of the most successful mining ventures ever entered upon in good faith and with an honest purpose to win wealth from the ground instead of gambling in scrip.