5 ^ 
Mines and Mineral Statistics, 
and patient capitalist ; and there are inducements fair for the 
future. But that may have to be deferred until the extensive 
cultivation of the soil, manufactures, and increased population 
concur to assist mining. Labour being a great element in mining, 
a little reduced will greatly enhance the balance of profit j 10 per 
centum off labour might put thirty or forty on to profits. Por 
instance — 
Costs, including labour, £1,200 ; other costs, £300 ... £1,500 
Proceeds 1,600 
Profit £100 
If said labour be reduced 12 per cent., it becomes £1,056 ; 
add £300 £1,356 
Proceeds ... ... ... ... ... ... ... 1,600 
Profit £241 
144 per cent greater. 
Mining facilities. 
The mining facilities in this part are very rarely exceeded ; a 
systematic tunnelling commanding mine over head for many years, 
and gravitation being thereby brought into play. 
Mining prosjoects. 
If all the reefs within two miles of the Denison machinery 
belonged to one company, which Avould not be too much, there 
would be a fair chance of success among them all. 
The Omadale Beef workings, properly initiated with the 
machinery there set up, are especially inviting. 
The Moonlight, Starlight, Daylight, The Duke of Edinborough, 
and other reefs in proximity, along and near the Peel, being 
commanded by tunnels, might well engage the British capitalist. 
If the leases on Foley’s Beef, at Bowling Alley Point, the flat 
by Lindsay s, and the Kanacka’s Beef, could be thrown into one 
concern, or even adding the Marquis of Lome and surrounding 
grounds for a British mining company of untiring capital, there 
would be good and lasting mining — as we look at it. 
It the notorious cement claim at Mount Misery, and ground 
of the same cliaracter within a mile or two of it, could he worked 
by an efficient company, placing their machinery and tunnels at 
the bottom of the hill and using water-power in lieu of steam, 
good might be done. 
