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Why did Melbourne businessmen offer a reward and what was that reward for?
Wiki User
∙ 12y ago
Payable gold had already been discovered in New South Wales. Victoria had pushed for self-government and separation from NSW, and now the government was keen to establish its own source of wealth. It was believed that, if gold was discovered within 200 miles of Melbourne, people would flock to the new colony, and Victoria would become a wealthy colony in its own right.
To this end, Governor La Trobe assembled a Gold Discovery Committee on 9 June 1851, and offered a £200 reward to anyone who found payable amounts of gold.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoMelbourne businessmen offered a reward of 200 guineas($420) for the discovery of a profitable goldfield within 200 miles of Melbourne.
Wiki User
∙ 12y agoShortly after gold was officially discovered in New South Wales, Melbourne businessmen offered a reward to anyone who could find payable gold within reasonably close range of the city.
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