Mining Association For Th...
It was announced yesterday in the city, that an Asseciation bas been formcd for working the mines in thie provinces of Rio de la Plata, by which is understood all that territory known under the Sjpanish dominion by the name ofthe Viceroyalty of Buenos Ayres. This Company is established in conformity with a decree passed at Buenos Ayres, autherizing the Alinister of State and for Foreign Affairs to take measures for its formation in this country, who has in consequence transmitted an official communication to Messrs. Iluliett Brothers and Co., through whom all the arrangements will be carried inte effect. Reports have been obtained by the Govern- ment of Buenos Ayres, from the Governors of the provinces in wlich the mines are situated, containing various information on the sub- ject, of someof whichreports opies havebeen forwarded to England to lAfessrs. Hullett Brothers and Co., and otbers are expected. It is stated in the prospectus of this undertaking, that mines of gold, silver, and otler metals abound in aU the provinces, and that those situated in what are called the Lower Prorinces, such as Dlendoza, San Juan, San Luis, Cordova Tucuman, &c., are nearly in a virgin state, having been workea only at intervals, and on a small scale, by men of little capital. These latter mines are also in most instances placed in a fertile country, with abandant re- sources of all kinds likely to be wanted, and admitting ar easy cominunication with Buenos Ayres. The greater part of these mines having no legal proprietors, may be entered upon in full possession immediately; in others, where a legal possession exists on the part of an Individual, an arrangetnent will take place between theni and the conductors of this undertaking. The slave-trade lhaving been abolished, as also compulsory labour in all the provinces of Buenos Ayres, these mines will be worked entirely by hired or voluntary labour, and will consequently tend to iinprove the condition of the people generally inhabiting the districts in wvhich the mines are si- tuated. By a law passed at Buenos Ayres in Novemiber, 1822, the exportation duty on gold and silver is fixed at one per cent. The objects of the Associatioa embracc every purpose connected witlh working mnines,and the purchase andreduction of ores, rminerals, and metals, without limitation to any particular province or territory. It is proposed to despatch agents and miners immediately, to commence perations at some of the principial mines, and to examine such other mines as it may be deemed expedient to work. 2yIYNG ASSOCIAlIO PFOR TIL PRO ViJCES OP RIO DB LA PLATA. . ^