History of Australia and New Zealand from 1606 to 1890Sutherland, Alexander
History
History of Australia and New Zealand from 1606 to 1890
Sutherland, Alexander
Australia -- History; New Zealand -- History
#4. The Burra Mines.#--The discovery of copper at Kapunda caused much
excitement in the colony. Every one who possessed land examined it
carefully for the trace of any minerals it might contain; and soon it
was rumoured that, at a place about one hundred miles north of Adelaide,
a shepherd had found exceedingly rich specimens of copper ore. The land
on which these were discovered had not yet been sold by the Government,
and in great haste a company was formed to purchase it. This company
consisted of the merchants, professional men, and officials of Adelaide;
but a rival company was immediately started, consisting of shopkeepers
and tradesmen, together with the farmers of the country districts. The
former always maintained a haughty air, and soon came to be known
throughout the colony as the "nobs"; while they, in their turn, fixed on
their rivals the nickname of the "snobs". For a week or two the
jealousies of the companies ran high, but they were soon forced to make
a temporary union; for, according to the land laws of the colony, if any
one wished to buy a piece of land, he had to apply for it and have it
advertised for a month; it was then put up for auction, and he who
offered the highest price became the purchaser. But a month was a long
time to wait, and it was rumoured that a number of speculators were on
their way from Sydney to offer a large sum for the land, as soon as it
should be put up to auction. It was, therefore, necessary to take
immediate action. There was another regulation in the land laws,
according to which, if a person applied for 20,000 acres, and paid down
L20,000 in cash, he became at once the proprietor of the land. The
"nobs" determined to avail themselves of this arrangement; but when they
put their money together, they found they had not enough to pay so large
a sum. They therefore asked the "snobs" to join them, on the
understanding that, after the land had been purchased, the two companies
would make a fair division. By uniting their funds they raised the
required amount, and proceeded with great exultation to lodge the money.
But part of it was in the form of bills on the Adelaide banks; and as
the Governor refused to accept anything but cash, the companies were
almost in despair, until a few active members hunted up their friends in
Adelaide, and succeeded in borrowing the number of sovereigns required
to make up the deficiency. The money was paid into the Treasury, the two
companies were the possessors of the land, and the Sydney speculators
arrived a few days too late.
Public-domain text, read in full here on John Shaqi.
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