That the whole weight of the taxation of the Transvaal should not be made to fall upon one industry is, of course, consonant with reason, policy, and equity. Pending the pronouncement of its actual intentions, and in view of the alarmist rumours which are spread about, it behoves the Government, to allay the very natural apprehensions entertained, to give an early and explicit outline of its proposals, and in this connection the projected visit of the Right Hon. J. Chamberlain to the Colonies is of the best augury. From his place in Parliament that statesman has already disclaimed, on several occasions, proposals anent the immediate imposition of heavy taxes attributed to the Imperial Government, and the probabilities are that those recently published in London are as baseless as they are vague. The dependence, to a large extent, of the development of the mining industry on the fostering and assistance, or otherwise, accorded by the existing Government is a point too painfully brought home to the Rand mining industry by past experience to need demonstration; wherefore the sound common-sense statesmanship of those now responsible for the prosperity of the Empire is a valuable guarantee that the various problems now absorbing the attention of the industry will be treated in a fair, just, and liberal manner. The Rand mining industry, at the moment, is undoubtedly in the throes of one of those periodic waves of depression incident to all great gold-mining fields, though to the Rand in a less degree than to the others, on account of the certain results which may be reckoned upon from the stable nature of its geological formation. Capital required for its development is in many cases being withheld, investors looking askance at its demands with obvious misgivings. This attitude is undoubtedly due to impatience, and disappointment that progress has not been more rapid since peace has been declared. [Illustration: THE INFANCY OF A GOLD-MINE: WINDING QUARTZ WITH A WHIM]