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
In an old (1876) edition of "Chambers's Encyclopædia," under the heading
of "Africa--Productions," is the statement that "It would be hazardous
to assert that Africa is deficient in _mineral wealth_, though, judging
from our present imperfect knowledge, it does not seem to be extremely
rich." Little did the compilers of this well-known work think that, in
the space of less than twenty-five years, a town of about 150,000
inhabitants would spring up as the centre of a mining country which now
takes rank as the first gold-producer in the world. The gold production
of the Rand to date is indeed stated to equal one-ninth of the coined
gold in circulation throughout the world, while its potential reserves
are probably fourfold this amount. In 1887 the United States occupied
first rank among gold-producing countries, Australia being second, and
Russia third, the total gold production of the world being only
£18,000,000. In 1898, South Africa occupied the premier position with 28
per cent. of the aggregate world's production, and her contribution,
moreover, represented only 3-1/2 millions less than the world's
aggregate in the first-named year. In 1899, owing to the war, it just
managed to fall short of the headship. Since its start, the Rand
gold-fields have produced gold to the handsome aggregate amount of
£81,000,000 sterling. On the fortunes of South Africa, the influence
exerted by this stupendous accretion to its wealth is past question, for
the output of £20,000,000 of gold in 1898 formed 80 per cent. of the
subcontinent's aggregate exports in that year, while 68 per cent. of it
was disbursed in labour, foodstuffs, mining stores, and material in the
course of its winning. It is only needful to glance back at the modest
proportions of South Africa's trade movement before the discovery, first
of diamonds and then of gold, to recognise how much it owes to its
mineral wealth, and more particularly to that of gold, for its
present-day prosperity. Its populations, its cities and ports, its
railway network, its multifarious industries from agriculture upwards,
and its merchant firms and commercial activity have each and all been
stimulated and enlarged enormously by it. As in the case of Australia
and other older gold-producing countries, the output of gold, primarily
from the Witwatersrand fields, has acted like a perennial stream,
fructifying and rendering teemful the arid wastes, and making the very
wilderness to blossom as the rose.
The gold-bearing quartz-pebble conglomerate beds, called by the Boers
"banket"--the discovery of gold in the outcrops of which in 1883 started
the Witwatersrand mining industry--form a series of strata going down at
an angle of about 30 degrees to hitherto unknown depths--over 8000 feet
have already been plumbed--and extending over a tested lateral distance
of more than 50 miles.
[Illustration: CYANIDE WORKS (NEW COMET MINE) AT JOHANNESBURG
Public-domain text, read in full here on John Shaqi.
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