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176 50,000 at the most. The effect of so much wealth so suddenly acquired produced similar results as at the older goldfields of Victoria and New South Wales. Much of it was recklessly squandered in publichouses, in dissipation, and gambling, while many carefully hoarded their savings, and were able to lay the foundations of future prosperity. There may be seen many, who began with no capital save their own intelligence and forethought, who are now thriving citizens, respected for their industry and integrity, and who well deserve the success their early efforts have secured.

Suburban and country lands have been cultivated with encouraging results.

Much capital has been expended in hydraulic works of considerable magnitude, which have given remunerative returns to their proprietors. Flumes and water-races many miles in length have been constructed, sometimes tunnelled through hills, and then carried for great distances across gullies and high trees to bring the hose to play on the auriferous dirt to enable the operator to recover the minute specks of precious metal.

After the year 1869 the yield of gold decreased, and many of the diggers migrated to other fields. But the results of finding gold remain; the resources of the country are, to a moderate extent, developed, and an impetus given to future prosperity.

In concluding my remarks on the progress of Hokitika and the West Coast generally, I shall briefly enumerate a few of the leading incidents that have occurred since the wild and apparently inhospitable shore was first invaded by bands of stalwart diggers. At first tents were pitched on the beach just above high-water mark, amidst heaps of decayed trees, roots and stumps, torn up by spates, washed out to sea and tossed about in the tumbling surf till they had assumed all sorts of fantastic shapes. The site of the seaward part of the town was covered by masses of driftwood. Then officials arrived from Canterbury, and the question how to keep the bar clear was a puzzle to engineers, not settled even at this day. Groins and wing dams were constructed at considerable expense, and a line of wharves on the river bank, called Gibson’s Quay, was built, at which schooners and steam vessels of light draft could be berthed. A municipal council was incorporated, which did good service. The first mayor, Mr. J. A. Bonar, efficiently and gracefully filled that position when Sir George Grey, the then Governor, visited the Coast in 1867, and whom the citizens entertained at a banquet in the Theatre Royal. Mr. Bonar has since worthily and energetically discharged various offices of the highest trust and importance, and still retains the confidence of the inhabitants.

In the early days of the occupation of the Coast, when business was brisk and vessels were crowding to the port, I have seen many wrecks strewn along the beach. As soon as a vessel touches the bottom, the rolling surf beats it up high and