Gold had been known to exist in the Transvaal before, but it was only in 1886 that it was realised that the deposits which lie some thirty miles south of the capital are of a very extraordinary and valuable nature. The proportion of gold in the quartz is not particularly high, nor are the veins of a remarkable thickness, but the peculiarity of the Rand mines lies in the fact that throughout this 'banket' formation the metal is so uniformly distributed that the enterprise can claim a certainty which is not usually associated with the industry. It is quarrying rather than mining. Add to this that the reefs which were originally worked as outcrops have now been traced to enormous depths, and present the same features as those at the surface. A conservative estimate of the value of the gold has placed it at seven hundred millions of pounds. Such a discovery produced the inevitable effect. A great number of adventurers flocked into the country, some desirable and some very much the reverse. There were circumstances, however, which kept away the rowdy and desperado element who usually make for a newly opened goldfield. It was not a class of mining which encouraged the individual adventurer. There were none of those nuggets which gleamed through the mud of the dollies at Ballarat, or recompensed the forty-niners in California for all their travels and their toils. It was a field for elaborate machinery, which could only be provided by capital. Managers, engineers, miners, technical experts, and the tradesmen and middlemen who live upon them, these were the Uitlanders, drawn from all the races under the sun, but with the Anglo-Celtic vastly predominant. The best engineers were American, the best miners were Cornish, the best managers were English, the money to run the mines was largely subscribed in England. As time went on, however, the German and French interests became more extensive, until their joint holdings are now probably as heavy as those of the British. Soon the population of the mining centres became greater than that of the whole Boer community, and consisted mainly of men in the prime of life--men, too, of exceptional intelligence and energy. The situation was an extraordinary one. I have already attempted to bring the problem home to an American by suggesting that the Dutch of New York had trekked west and founded an anti-American and highly unprogressive State. To carry out the analogy we will now suppose that that State was California, that the gold of that State attracted a large inrush of American citizens, who came to outnumber the original inhabitants, that these citizens were heavily taxed and badly used, and that they deafened Washington with their outcry about their injuries. That would be a fair parallel to the relations between the Transvaal, the Uitlanders, and the British Government.