Please wait. Contacting image service... loading

Article text

THIS TASMANIA MINE.
The position with regard to the Tasmania
mine is becoming complicated,
and it is difficult to see how the Minister
can proceed with his proposal to
employ experts to examine and report
on the mine. A Vic publish to-day the
letter of the Superintendent (Mr. Heathcote
to the Minister, in which he says
that Mr. Llewellyn was engaged to report
on the mine because there were not
in Australia exports of equal standing.
This means, of course, that, in the opinion
of the directors, there is no one in
Australia whose opinion on this mine
they would accepting against that of
Mr. Llewellyn. ' My. Heathcote she
charges with the remark that his dil certain
will not bind themselves to act
upon any further reports, although they
will, of course, give them due consideration,
nor will they sanction. the expenditure
of the company's remaining hands
on what they deem useless waste of
money." The payment of the experts,
and. apparently, the cost of working the
mine, throughout, any delay in closing
down, would Ilma fall upon the State,
Finally, the State, would be acting in
favour of a body of discontented share
holders an against the directors, which
would be an invidious thing to do. The'
Minister is naturally anxious to take
some step to save Beaconsfield, but Mr.
Heathcote'!, letter. together with the
certainty of a struggle for control between
the local and the English shareholders
and directors. makes it practically
impossible. If that struggle could
bedecked, and the directorate could
be shifted to Launceston at once, the
Way for State assistance might be open,
but. in, the present circumstances, it
appears to be closed.
$