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UHILLAGOE.
PBOSP.EOTS AND ADMLNlSTHATfON
5tr. Ronald C. Power wtott reeen^iy
to the London "Financial Jfews" »
somewhat bitter strain, respecting tfe«
ChiTlagoe Railway and' Mines-Covipasy.
He slays;—*'Acontinuons suoeesCw. at
mine managers, whose reports have been
alternately accepted and repndia' :d j y
the Australian directors, has taken piaco
on the property. The functions of tli-s
London directors, who hold,their position
under power of attorney from 1
at the discretion of Mel:our«c
boai-d,s^ are apparently to waWj end
pray; for they give no s^gc of and.
I undefk-and, have absolute y n D
whatever in the management of -the
company. Past experience justifies
complete m'strust in tie methods of the
Austral : An directors; and, in spice of
their unchajg-d confidence .in. JtLenis
ves, I would suggest t&at Ehglisb searoholders
form a oonsuTtafvc. oommisjet;
with the object of watching l&e oou^}J cf
events, and taking, if necessary sgVh
stcpi as may; be reqnired by future wnungencies
in the protection of tiieir own
intea-ests." .nMr. Arnold J. Marks, wftio
was.in Australia at the time^of- tie Oollapse
of th^ fii-st company, and who's®,
asted the dii^bore with their Bcheme
of r«censtruction, su^mrts the proposed
appointment of the - committee, but
writes in a far kindlier tone." He, however,
sa.ys: —'Everything depends on
intelligent and honest administration,
andi witihout intending to reflect on the
Melbourne executive, these should be secured.
The Chillagoe is possessed of a,
'railway which may jet^ in norinal times,
JPsW a*pnce ^par 'for the new ^arts.
.But ? apart from^iuB, fts estensive miaein
a rich oopper district, frve
-as it ls frtwa labor conditions, has pitejitialiries
whic£ render the prevailing
prices ridiculous."
What can aptly he termed a g. ; oii4
gical curio has just been received by us
from India, says the "Murchison Advopate."
It is -a' piece of stone 12 infches
long, one inch wide, aid about hafemthick.
The peculiarity about it is, despite
its bulk, that it is as pliable as a
piece of leather. No matter how the
stone is held a rocking motion ckn be
obtained. It has tite appeawmpe of an
open candstone and when viewed on the
flat would* not give the imprespiojn ihat
it is flexible, but when taken m it.Jcan
be made to wriggle like a snake*'".Although
it comes from the land of mystery
and magic there is no tripk or deception
about it. The stone was sent
direct from India where it aboufldsin a
certain ^strict, and owing to jfs pecnliarity
is known by the .name of the
"rocking stone." In places itj^uterops
to a good height and when pressure is
put against a bulk piece the whole structure
will rock. The stone
worked and
•easily
adapts itself to saw.
No matter how small the picaee'^s ledu«?d
to it does not lose its swaying
characteristics. The sample wh~ch is
now ; on view has been sawn
; ts
present. and all those who take any
interest in . the formations of theiountiy
they are' working in will have thfeir geologiqal
information put to thp test to
esplain -h'ow a pieoe of stone has the properties
of elasticity to the extent, possessed
by this one from India. Now
then, y e bush Gibb Maitlands, roll up
aud give it • «l name 1
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