SOUTH AFRICA.

New Zealand Times, Volume LXXIV, Issue 4869, 22 January 1903, Page 5

SOUTH AFRICA.

THE FINANCIAL SETTLEMENT. LAUDATION OF AIR CHAMBERLAIN LONDON, January 20. “St. James’s Gazette” says that financiers consider that tho thirty-five millions 3 per cent, loan will bo issued at tho cud of February, and tho first instalment of tho 4 per cent, war lean in January, 1904. Sneaking of Air Chamberlain's settlement of South African questions, tho newspaper says that his monumental statesmanship will shine even besido tho achievements of Prince Bismarck and Count Cavour. His policy is one of tho “open door.” Alatters pressing for settlement have been settled, while tho future has been mortgaged as littlo as possible.

Air Augustine Birrell, K.C., tho wellknown barrister and speaking at Bristol, said the Liberal party would in no way dishonour any of the obligations Air Chamberlain may enter into iu South Africa.

Router’s Agency states that the Rand ncvispapers admit that Air Chamberlain has destroyed the Chinese legend. CAPETOWN, January 20. The “Capo Times” says the settlement is universally approved. Air Chamberlain, waiving his predilection, selected it in deference to enlightened local opinion, another illustration of bis intellectual detachment and responsiveness to fads. Air C. Leonard, president of the Johannesburg National Union, referring to ilio native question, said ho thought that Air Chamberlain intended tho Transvaal to work cut its own salvation, regardless of Exeter Hal! or tho British colonies. ’ His native policy vas eminently calculated to increase the union of Briton and Boor.

(Received January 22, 0.29 a.m.) CAPETOWN, January 21

Alanyjlleading men of tbo Rand advocate tho introduction of cheap Italian and Spanish labour to raise the proportion of whites.