South Africa and the Transvaal War, Vol. 8 (of 8): South Africa and Its Future
History
South Africa and the Transvaal War, Vol. 8 (of 8): South Africa and Its Future
South African War, 1899-1902; Transvaal (South Africa) -- History
henceforth rule, the full appraisement of which is at present
impossible.
[Illustration: A MAP OF THE RHODESIAN GOLD FIELDS.
_From "South Africa," by permission._]
Altogether, therefore, the outlook is one of undimmed brightness, for
the misgivings entertained in some quarters regarding new taxation
burdens to be imposed, calculated to hamper or hinder the progress of
the industry, must be allowed to have no shadow of substance. The
pronouncements of the Government hitherto, and the recommendations of
their Transvaal adviser, are clear on this head. Taxation will naturally
have to be borne, and the tax on profits was accepted in principle by
the mining industry before the war. Its incidence, whatever be the
amount, will only reduce to a fractional extent that portion of the
yield set apart for dividends, which will bear the burden, whatever it
be, with the greater ease in view of the accretion of dividends rendered
possible by the new conditions. There are, indeed, grounds for assuming
that a part of the agitation on foot is lacking in singleness of aim,
and engineered by persons who have some secondary object to gain. The
rank and file of the mining industry, as well as the best sense of the
Anglo-Saxon community, has, however, confidence in the Government that
it will do nothing harmful to the best interests of the new Colonies in
general, and its staple industry in particular, and, moreover, will be
true to the English principle of inviting the taxed to its councils. It
is in this particular light that the visit of the Secretary of State for
the Colonies to South Africa has such special interest at this
juncture.
[Illustration: MILL (OR BATTERY) OF A GOLD MINE (SALISBURY AND JUBILEE,
JOHANNESBURG)
The powdered ore is washed down over the plates. The deafening roar from
the stamps sounds in quiet evenings, from a distance, like the roar of
the sea on a rocky coast.
Photo by Barnett & Co., Johannesburg]
THE AGRICULTURAL OUTLOOK
BY LOUIS CRESWICKE
Public-domain text, read in full here on John Shaqi.
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