In America there are many individuals possessing wealth amounting to many millions, but when the United States in their entirety is taken the £40,000,000 of the richest individual sink to nothing; and, were it the desire of the richest millionaire in the States TO CORRUPT AND PURCHASE the whole population for political purposes, he could not pay so much as £1 a head to the 80,000,000 inhabitants of the country. Further, the bulk of American millionaires are American! They differ in no respect, except in their possession of large wealth, in interest or affections, from the shoemaker in the alley or the farmer at his plough. They are American citizens; their fate is bound up with that of the land they live in; their ambitions are American. If a great misfortune should overtake America to-morrow there is no reason to suppose that the heart of a Rockefeller or a Vanderbilt would not ache as that of the simplest cowboy in the States. When they die, it is to American institutions that they leave their munificent donations, and the colleges and public institutions of America are endowed by them. The mass even of that wealth they expend on themselves is expended in America, and, whether they will or no, returns to the people of the country in many forms. The millionaires of America are and remain Americans; and the J. Gould who should expend his millions in stirring up war between the North and South, or in urging England to attack and slay American citizens, would be dealt with by his fellow-subjects, whether millionaires or paupers, with expedition. The question whether the conditions which lead to such vast accretions of fortune in the hands of private individuals is a desirable one and of social benefit is an open one, and a fair field for impartial discussion; but, whatever decision is arrived at with regard to millionaires and private monopoly as they exist in Europe or the United States, it has little or no bearing on the problem of South Africa, which is totally distinct. South Africa is a young country, and taken as a whole it is an arid, barren country agriculturally. Our unrivalled climate, our sublime and rugged natural scenery, THE JOY AND PRIDE