When quite a lad on the Victorian alluvial fields, I frequently heard old diggers assert that gold grew in the drifts where found. At the time we understood this to mean that it grew like potatoes; and, although not prepared with a scientific argument to prove that such was not so, the idea was generally laughed at. I have lived to learn that these old hard-heads were nearer the truth than possibly they clearly realised, and that gold does actually grow or agglomerate; and, indeed, is probably even now thus growing, though it is likely that the chemical and electric action in the mineral waters flowing through the drifts is not in this age nearly so active as formerly. Most boys have tried the experiment of dipping a clean-bladed knife into sulphate of copper, and so depositing on the steel a film of copper, which adheres closely until worn away. This is a simple demonstration of a hydro-metallurgical process, though probably young hopeful is not aware of the fact; and it is really by an enlargement of this process that our beautiful and artistic gold-and silver-plated ware is produced. In the great laboratory of Nature similar chemical depositions have taken place in the past, and may still be in progress; indeed, there is sound scientific reason to suppose that in certain localities this is even now the case, and that in this way much of our so-called alluvial gold has been formed, that is, by the deposition on metallic bases of the gold held in solution. We will, however, take, to begin with, the generally accepted theory as to the occurrence of alluvial gold. First, let it be said, that certain alluvial gold is unquestionably derived from the denudation of quartz lodes. Such is the gold dust found in many Asiatic and African rivers, in the great placer mines of California, as also the gold dust gained from the beach sand on the west coast of New Zealand, or in the enormous alluvial drifts of the Shoalhaven Valley, New South Wales. Of the first, many fabulous tales are told to account for its being found in particular spots each summer after the winter floods, and miraculous agency was asserted, while the early beachcombers of the Hokitika district found an equally ridiculous derivation for their gold, which was always more plentiful after heavy weather. They imagined that the breakers were disintegrating some abnormally rich auriferous reefs out at sea, and that the resultant gold was washed up on the beach.