TO THE EDITOB,

Sir, —Your foot-note to mine in to-day's isßue Bays, " The increased depth promised by the board does not seem to have been obtained; but there has been no going back, which was the point in dispute." I agree that the going back is the point in dispute, and now again point out that the official information sent to London to asßist in floating the consolidated loan distinctly gave 20ft 6in as the navigable depth at high water at the date of information (3rd Septem ber 1885). Now the board admits there is only 18ft. If there is no going back, how is this thus?—lam, &0., Wm. Eideb. [We 'earn that no official information such as Mr Elder states was ever sent Home to assist in floating the consolidated loan. Published official data gave "vessels drawing 19ft have been berthed," and the memorandum of vessels berthed during the present year shows that vessels of greater average draught have been berthed at Dunedin than in any previous year some of them as high as 19ft—so that there has been no going back —Ed. 0. D. T.]

THE ROXBURGH MINING COMPANY.
