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
There is, however, always the pessimist to be considered in these
matters. While no doubt he will content himself with the satisfactory
outlook for British trade which is here unfolded, he may, in
anticipation of time, begin to worry himself as to what will happen when
the Rand is no more, and when its thousands of stamps are lying idle for
the want of further quartz to crush. If one cared or dared to venture
upon the hazardous ground of prophecy, one might easily foretell the
possibility of other Rands being discovered meanwhile, with the
practical certainty that a hundred years hence South Africa's gold
yield, instead of showing diminution, will largely exceed even present
anticipations; and here it is justifiable to intrude the remark that
every expert, without exception, who is connected with its gold
industry, is unanimous in asserting that mining has hardly been begun,
and that the future will exceed the expectations of even the most
optimistically inclined. But, granted that the pessimist be correct that
in fifty years the gold will cease to yield and the Rand be a barren,
silent waste, is it quite safe to conclude that meanwhile the country
has remained at a standstill except for its mining activities? Are the
£200,000,000 sterling which Mr. W. Willcocks, C.M.G., the distinguished
irrigation expert, asserts will add to the value of the country as
agricultural land if irrigation be resorted to, to be counted as
nothing; and is there not the remote possibility of South Africa taking
its natural place among the world's producers of other staples than
gold? What of its vast coal and iron deposits, its saltpetre, its
petroleum, and its countless other products which to-day are but waiting
the advent of capital to bring into being, all of which, like its gold,
have yet to astonish the world? Gold or no gold, the country must, as
the years unfold, become a teeming hive of industry, the only
approximation to which is that of the United States of America. South
Africa, then, is no place for the pessimist, and the sooner that is
understood, the greater the peace of mind of that misguided individual.
Public-domain text, read in full here on John Shaqi.
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