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
Mahommedanism from the north, conspire informally to undermine their
loyalty, then our days in Africa are numbered. In the last event, our
hold on that continent in general and South Africa in particular depends
upon character, especially the character of our ruling classes. The
possibilities of this country in Africa are magnificent; but the
problems to be solved, if these possibilities are to be realised, must
appal and finally overcome all but the stoutest of heart. The world, and
South Africa with it, will fall to the nation which breeds and sustains
the best men.
THE FUTURE OF THE MINING INDUSTRY
BY F. T. NORRIS
The future prosperity of South Africa mainly depends upon the
development of her vast and indisputable gold wealth, for, albeit she
possesses other resources in undoubtedly lavish abundance, the means for
the utilisation of these latter are dependent, in a large measure, upon
the effective exploitation of her auriferous reserves. This fact was
explicitly stated by Sir David Barbour, the financial expert appointed
by the Imperial Government to report in 1901 on the resources of the
Transvaal, and that this impartial official opinion is echoed by all
competent observers prior to and since his investigations only confirms
its correctness. As to the magnitude to which the mining industries in
the Transvaal may ultimately attain opinions differ, but, says this
authority, and this view is confirmed by experts, it is certain that the
production of gold will continue to increase largely for some years at
least; that there will be a corresponding growth in the production of
coal, and it is possible, and perhaps probable, that valuable mines of
other minerals, and especially of diamonds, may be opened. He therefore
opines that, from an economic point of view, the prospects of the future
for a considerable period are quite satisfactory, and it is unnecessary
to speculate as to what may ultimately happen.
Public-domain text, read in full here on John Shaqi.
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