Rensselaer Semi-Weekly Republican, Volume 36, Number 108, Rensselaer, Jasper County, 9 September 1904 — Sees a Vast Rand Output. [ARTICLE]

Sees a Vast Rand Output.

A circular sent out by a large and respectable London house, predicts an anpual output from the Rand before long of £50,000,000. The beist record for all South Africa is. £16,500,000. “It is reckoned that five years after the resumption of normal conditions some 18,000 stamps—four times the present quantity—will be at work, and. that the gold mines of thq Rfind alpne could by that time employ 40,000 additional skilled white arid 300,000 additional unskilled colored laborers. The mining companies In which this company is mainly interested have at present only'3B per cent of the unskilled.. laborers required, to say nothing of the number which will be necessary when the expected considerable expansion of the Rand industry takes place. “Within the next ten years—given favorable conditions—the output may Increase to as much as £50,000,000 per annum. Just as the flow of gold resulting from the Rand’s large production in 1898 and 1899 had a markedly beneficial effect upon the world's money markets, It is probable that the considerable advance we confidently expect as soon as we have secured a plentiful supply of unskilled labor will, in a much more accentuated form, benefit the world at large and foster trade, commerce and Industry.” Naturally this prophetic announcement Is accompanies! by offer of “Kaffir shares” for sale.