The National Resources of South Africa

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University of the Witwatersrand Press, 1922 - South Africa - 79 pages

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Page 12 - Accordingly the net yield of mining is almost exhaustively given by the item of 1 8,600,000 for wages and salaries, together with that of 8,600,000 for dividends and debenture interest. But a great part of the dividends earned were paid to foreign investors — originally, indeed, nearly all the shares were held abroad. During the last three or four years many gold mining shares have been purchased by residents in this country, and in the case of some of the new mines on the Far Eastern Rand,...
Page 36 - An agricultural census was only instituted in 1917-18, and now it only gives quantities, sothat values have to be estimated from other sources, and it is notoriously difficult to discover the actual prices received by farmers for their produce. Previously to the institution of the agricultural census the only figures available were those of the general census, and these were extremely inaccurate so far as agricultural production is concerned. An attempt by the present writer* to make use of the data...
Page 35 - ... on the labour of a subjugated race, have failed to adapt themselves at all readily to changed circumstances. The descendants of the early pastoralists should have adopted new methods of farming which produce more from a given area; but usually they know no method of farming except what their fathers practised. Attempting this on inadequate pieces of land, many have been reduced to destitution.
Page 31 - The figure given in the appendix for 1917-18 is & m.22 — ie, about the same as for mining, and only half that for agriculture. Employment in manufacturing is in the hands of whites to a greater extent than in mining, and the rate of wage is lower, so that although the total revenue derived is about the same, the number of white persons supported by manufacturing already considerably exceeds that supported by mining.
Page 3 - The test of our foresight and energy will be that we are able to carry over into other fields of activity the labour and other resources (so far almost exclusively exploited by the mining industry) without those economic disturbances — loss of trade, withdrawal of capital, and unemployment — which retard national progress.
Page 20 - Residents in South Africa own but little property outside their own country, whilst residents in England and elsewhere own a larger amount of capital in South Africa, and also supply a certain element of business enterprise in the case of undertakings managed from head officer in London and other leading cities.
Page 31 - Manufacturing is obviously susceptible of expansion, and is a permanent industry, and has, moreover, the advantage of being more widely diffused than mining, so that in every way it should occupy a more important place in the future of the Union.
Page 20 - Ehodesia) was estimated as m.35l in 1910 (Paish: J. Stat. Soc., 74, 180). A South African Treasury estimate for 1918 (UG, 18-20, p. 5 gives the interest payments abroad as 14,200,000 from Government loans and company dividends, plus an unknown amount from private trading profits.
Page 74 - The latter consists of — Salaries and wages ... ... 12,227,000 Profit, interest and rent ... 10,016,000 A considerable part of the profits and interest payable to foreign shareholders and partners. (Wages of natives and coloured, 3,200,000.) SCHEDULE IV. RAILWAY TEANSPOET (YEAR ENDED 31sT MARCH, 1918).
Page 23 - ... cost of working class living in Johannesburg was about 50 to 60 per cent, above that in contemporary England. But the South African Census Department publishes monthly statistics of the cost of living in South African towns.

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