The History of South Australia From Its Foundation to the Year of Its Jubilee V
The History of South Australia From Its Foundation to the Year of Its Jubilee V
Hodder Edwin
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There was no time to be lost, for if the news of the discovery reached England, or even one or more of the other colonies, the prize might pass out of the hands of South Australians altogether. As the first applicants were unable to raise the necessary funds, one or two other parties combined and made the attempt, but were also unsuccessful. The first applicants, as might be supposed, entered their protest against the second party, and as neither could succeed, war waged between them. Those two... organised parties were known familiarly as the " Nobs " and the " Snobs, " the former being leading capitalists, and the latter, for the most part, tradesmen. 200 THE HISTORY OF SOUTH AUSTRALIA. [CHAP. VII. Mr. William Giles, the manager of the South Australian Company, might be considered as a third party, he having offered to advance . 10, 000, leaving the Nobs, or capitalists, to make up the remainder. But even this was not forthcoming, and the tradesmen tried to coalesce with Mr. Giles. As, however, their offer was not accepted, they determined to prevent the other side from entering the field by withdrawing from the bank the amount of their united funds in specie !
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