GOLD has been so large a factor in the prosperity and greatness of Australia, that the interesting subject of the origin of gold drifts and reefs must always possess to us something more than a purely scientific attraction. In the earlier days of the goldfields there was among the diggers much speculation, of a scientific and semi-scientific nature, as to the processes by which Nature had produced the accumulations of coarse and fine gold dust which it was their business to extract from the alluvial drifts. The most obvious explanation, of course, was that the grains of gold had an origin similar to that of the debris and detritus of various characters which made up the alluvium itself; and this explanation seemed to harmonize so completely with the general processes of Nature that at one time it was almost universally accepted as the correct one. But many thoughtful mining authorities had their doubts upon the subject, and these doubts were not founded, as so frequently happens, upon mere prejudice, but were fortified by the fact that certain phenomena characteristic of the occurrence of drift gold were not only not explained by the “detrital hypothesis,” as it is called, but were absolutely inconsistent with it. Chief among these objections may be mentioned the undoubted generalization that drift gold is nearly always purer than the gold in the reefs of the neighbourhood in which it occurs. No explanation as to the long distances to which grains of gold might be conveyed, or to the possible purifying effects of natural chemical action, made up any satisfactory explanation of the known facts, and accordingly under the detrital theory these facts had to remain shrouded in mystery. Then, again, it was a frequent occurrence for gold to be found so peculiarly embedded in pieces of wood, or in conjunction with natural crystals of minerals, such as the sulphides, that those who were constantly being brought into contact with such phenomena were firmly convinced that at all events there was a certain proportion of the gold found in alluvial drifts which had its origin in some other source than the breaking down of quartz reefs by the ordinary processes of Nature. The majority of those who held to this belief had at first but little scientific knowledge of natural reactions; and when questioned as to their theory on the subject, they were accustomed to say of the alluvial drift-gold, that it appeared to be actually growing—a statement which sometimes provoked, not unnaturally, a smile of pity for misplaced credulity.