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GOLD. 103
which
yielded 204.5 oz. and another which gave 25.5 oz. to the ton be left
out, the average yield was I oz. 8 dwts. 22 grs. per ton.
At
the present time (May, 1880) there are two or more companies in London,
one in Glasgow, and several in India, which have for their object the
working of mines in the Wynaad, and it is said that already favourable
news has been received of the preliminary operations, and the shares
are now quoted at a high premium.* As I ventured to predict in my
recently-published work, "Jungle Life in India," when speaking of
mining enterprise generally in India, some of the undertakings seem
destined to be hampered seriously, on the threshold of their
operations, by vexatious litigation, which is in part due to the
absence of definite mining laws in India.
The following, which I extract from the Pioneer Mail, of the 22nd of April last, is the very latest information I have received on this subject:—
Since
public interest in the gold-mining prospects of Southern India waxes
stronger day by day, both at home and in this country, and men have
made up their minds that the development of vast mineral wealth is
merely a question of time, capital, and machinery, it is discouraging
to hear that enterprise is likely to be checked in certain parts of the
Wynaad in consequence of litigation. This has been anticipated for some
little time. It was known that the right of ownership of certain blocks
was challenged, and that the dispute was likely to culminate in legal
hostilities. It is now currently reported that the
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