WHAT THE DIAMOND KING HAD
TO SAY. Mr Cecil Rhodes, the Premier of Cape Colony, who amassed such a large fortune as the Director of various diamond fields at . Kimberley that he obtained the designation of " The Diamond King," had, according to a London despatch, an interview on No* vember 18th, in which he said he. went to Chicago and spent 10,000dol at the World's Fair." The only thing I got in return was a prohibitive duty. America has usually taken about one-third of the export of cut dia- , monds, but during the hut few years of depression in the United States the sales have been much reduced. We find when . - business in one. part. of the world is de- • pressed that trade with others is improved. The output of. diamonds is regulated. We oonld mine three times .the quantity . of diamonds produced,', but we could not use them, and- there is no advantage /in producing beyond a certain amount. lam a freetrader,- but if a country, persistently shuts out the products of another cduatry, I believe the country discriminated against is perfectly justified in shutting out the products of the country whioh first imposed the discriminating duties." -
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Press, Volume LII, Issue 8992, 3 January 1895, Page 5
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198WHAT THE DIAMOND KING HAD Press, Volume LII, Issue 8992, 3 January 1895, Page 5
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