The Native Problem of South Africa
The Native Problem of South Africa
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In our eReader you can find the full English version of the book. Read The Native Problem of South Africa Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Native Problem of South Africa
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When Johannes- burg is dull, goods are a glut, debts are bad, rents shrink, competition becomes keen, hotel-takings fall off, produce suffers from extreme fluctuation, indents are cancelled, and the passenger-lists of the steamers are blank. Though the effect may not be immediate, for market fluctuations are expected and discounted — times always varying somewhat — yet when the cause is fundamental and the depression persistent the effect on the outlying colonies is certain. In other gold- mini...ng countries the influences for evil to be taken into account in current and prospective speculation are such as the failure of a lode, labour strikes, financial crises, and imperfect estimates of mining propositions. On the Kand, due to the nature of the ore deposits and the high standard of finance and management, such influences have not a similar importance. The gold industry of the Rand is now reduced to an exact science. The banket deposits are proved to enormous depths, labour strikes are unknown, capital is abundant, finance is like a rock, and the quality of the lode is stable.
What to read after The Native Problem of South Africa?
You can find similar books in the "Read Also" column, or choose other free books by Alexander Davis to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
When Johannes- burg is dull, goods are a glut, debts are bad, rents shrink, competition becomes keen, hotel-takings fall off, produce suffers from extreme fluctuation, indents are cancelled, and the passenger-lists of the steamers are blank. Though the effect may not be immediate, for market fluctuations are expected and discounted — times always varying somewhat — yet when the cause is fundamental and the depression persistent the effect on the outlying colonies is certain. In other gold- mini...ng countries the influences for evil to be taken into account in current and prospective speculation are such as the failure of a lode, labour strikes, financial crises, and imperfect estimates of mining propositions. On the Kand, due to the nature of the ore deposits and the high standard of finance and management, such influences have not a similar importance. The gold industry of the Rand is now reduced to an exact science. The banket deposits are proved to enormous depths, labour strikes are unknown, capital is abundant, finance is like a rock, and the quality of the lode is stable.
What to read after The Native Problem of South Africa?
You can find similar books in the "Read Also" column, or choose other free books by Alexander Davis to read onlineMoreLess
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