THE GOVERNMENT'S POLICY.

Press, Volume LXII, Issue 12443, 5 March 1906, Page 7

THE GOVERNMENT'S POLICY.

ALARM IN THE TRANSVAAL,

DEPRESSION ON THE EXCHANGE

LONDON, March 3

Mr Winston Churchill's description of Lord Milner's views is denounced in Johannesburg as a huge misrepresentation, as is shown by Lord Milner'e speech, on leaving Johannesburg, when he pleaded for an intelligent and sympathetic native policy- Lord Miner's advocacy of the appointment of an Intercolonial Commission on native affaire is also cited.

The Johannesburg correspondent of "The Times" eaye the country ie becoming alarmed at the Cabinet's ignorance on all South African matters. The Premier makes an important statement on Chinese labour before he reads the Ordinance, while Mr'ChuKdnTll attacks Lord Milner's motive policy without knowing what it was. Ex-General Botha only a week ago declared that Lord Milner pandered to the Kaffirs and Indians at the expense of the Boers.

The "Daily Telegraph's" Johannes: burg correspondent emphasises the resentment felt at Mr Churchill's interferenoe in a problem which- the whites, irrespective of race, regard as peculiarly their own. The general colonial, and especially tho Boer, opmion, ie that Lord Milner'e views regarding the future industrial, social, and political development of tho coloured races are dangerously advanced.

The Stock Exchange is depressed owing to fear of tho Government's policy in South Africa. All Kaffir shares have faOlen considerably, some to a lower point than for many years. This dulnces is reflected in other markets.

The agent of Mr Veraiey, the Liberal candidate for refuses to remove tho Chincee slavery cartoone, •which the Government .repudiated in the recent debates.