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Updated: June 1, 2025
Indeed, in the rapid fortune-making of that time, he contemplated a palatial residence for himself upon an ample frontage to Collins-street, next above the Bank of Australasia. Two back offices had been built towards the full idea, but the allotment game had already turned ere he got further, and there the incomplete work stood.
Allotment speculators were bound, within moderate time, to construct a "dwelling" on their purchase, and in some cases these were made with honest intention, as in the two adjacent half-acres of Mr. James Smith and Mr. Skene Craig in west Collins-street. But in most cases these coerced structures were only shams, which disappeared right early.
This was at the famous Lamb Inn, a little wooden edifice on the north side of West Collins-street, opposite the Market-square, and fronting a small cliff which the street levelling there had left for future disposal. There were thirty tickets at a pound each, and the fortunate winner was to compensate the disappointed by standing champagne all round.
No doubt it was in very great measure because money was scarce and dear that nearly everything was thus cheap. I recollect the sale by auction at that time of a vacant half-acre allotment in central Collins-street, next to that on which Mr. George James, wine merchant, had very early erected his surpassing brick office and dwelling.
The Oriental is at the east end of Collins-street, exactly opposite the Melbourne club. The charge there is 10s. per day, and at present it is extremely well managed by the proprietor in person. The only objection is that it is much frequented by betting-men, whose shop talk is, I think, more wearisome and less instructive than that of any other persons.
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