 
                  
                  M Elliot
                     This despatch supplies the regulations which have been
                     
                     
                     adopted for working the gold. They appear to be:
                     
 
                  
                  
                     1. That for the present, licences shall be issued
                     at 21/- a month, which shall confer a claim to the following
                     spaces, viz 25 feet of the bank of the River, 25 feet of
                     each bank of a creek or Ravine or 20 square feet of table land.
                     
                  
                  
                     2. That these licenses shall extend only to alluvial gold
                     and not to matrix gold combined with quartz or other rock.
                     
                  
                  
                     3. That special application is to be made for permission to work
                     the quartz veins;
the
 the applicant giving security to the amount of £2,000
                     for the payment of a Royalty of 10 per cent on the actual produce. The
                     claims to consist of half a mile of the course of the river, and to last
                     for 3 years, renewable at the end of that time if HM's 
Gov should
                     approve, and to be forfeited if the holder shall fail to find the
                     requisite security, or shall not employ at least 20 men or shall neglect
                     to pay the royalty. Regulations are also laid down with regard
                     to access to the river, the right to cut timber, and the course
                     to be followed with respect to any machinery which may be erected.
                     
                     4. In the case of draining ponds or water holes application is to
                     be made as above. But instead of a royalty, Licenses are to be taken out
                     by the applicant for the number of men which such water hole or pond may
                     afford work for. This number to be decided by the Gold Commissioner.
                     
                  
                  
                     The distinction made between alluvial & matrix gold appears
                     judicious, but it may be a question whether the Gov has not
                     made the latter too inaccessible by the large capital which would
                     be required to work a claim under his regulations.
                     
                  
                  
                     Approve, however, in reliance on his judgement?
                     
                  
                  
                     The Harbor regulations might be sent to the B of Trade?