To the systematic treasure-seeker, a hopeful prospect is opened out by an electrical achievement lately reported to us from the United States. It would appear that during the summer of 1843, the schooner Yermillion, laden with copper bars, foundered in Lake Erie, during a heavy gale of wind. Her cargo was valued at 60,000d01, and its owners spared no pains or expense to recover it but in vain. Tbe Ver million had gone down in the deepest part of the lake, and after several attempts to discover her where abouts, the search for her wa^ aban doned as hopeless. Thirty-eight years harl elapsed since her loss, when an Erie boat, provided with an electrical apparatus for the detection of metal substances, was cruising about the lake one fine morning. Suddenly the per son in charge of the machine observed unmistakeable indications denoting the presence of metal beneath the surface of the water, over which the boat was at the time passing. The bearings of tbe spot were at once takeu, and recently a couple of divers were taken thither, and lowered into the lake. They alighted on the deck of the sub merged schooner, and succeeded in penetrating into the hold, whence they extracted and brought to the surface one of the long missing copper bars. The entire cargo has since been re covered. After this successful feat, who can doubt that it is reserved for electricity to solve all the old-standing mysteries of sunken Spanish and Dutch galleons, British treasure ships and piratical hoards, that have defied mere human ingenuity and perseverance for so many years past 1—"1 — " Daily Tele graph."

otnerwise on tae most reasonable terms. " ' Printed and published by Pilling Bbothbhs residing at Irvine-street, Lawrence, Otaeo at their Registered Printing Office, JRoss Place Lawrence Otago, in the Colony r£ New Zealand-Wednesday, Jan. 11, 1888.
