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This trap for mining speculators was finally sealed in November 1871. Victoria
passed its famous No Liability Act for mining companies, one of the most radical
experiments in company law in the English-speaking world. A speculator could ...
Victoria's gambling edifice both reflected and encouraged an adventurous
optimism not only in mining speculators but also bankers, importers, and the
politicians who built state railways so freely and the Melbourne builders who
erected some ...
Some Melbourne speculators marvelled at the company's impudence in asking
so much for shares in a mine that hadn't sold enough lead to fill a pencil or
enough silver to mint a florin. At the mine the old owners grumbled that they had
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The history of mining is central to Australian history, from the gold rushes of the 1860's which brought hundreds of thousand of immigrants, to the mountain ranges of iron ore and immense natural gas ... Read full review
A Little Excitement
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