SOUTH AFRICA

Poverty Bay Herald, Volume XXX, Issue 9640, 15 January 1903, Page 3

SOUTH AFRICA

Eleotric Telegraph - Copyright- United Press Association (Received January 15, 9.37 a.m.) LONDON, January 14: The Standard's Johannesburg correspondent announces that General BudenPowell lias bum appointed Inspect orGfeneral of Cavalry. CAPETOWN-, January 14. Mr Chamberlain's discussion with lesuling citizens of Johannesburg resulted m an agreement for an Imperial guarantee of a public works loan of 30 millions, the war contribution to be fixed at 30 millions. An understanding was also readied on the labor question. The- 1 Cape- Parliament has prorogued till April 16th. The Times heartily congratulates Mr Chamberlain on arranging a voluntary war contribution. The Standard says that if the settlement is somewhat indulgent to the Rand, yet it will m the long run prove advantageous to highest Imperial interests m South Africa. The Rand has shown its wisdom and patriotism m the mutter. (Received January 15, 8.25 ium.) CAPETOWN, January 14. Mining experts have informed Mr Chamberlain, that the market valuation of all Transvaal mining companies is 226 millions, Great Britain holding 81 per cent., and the Continent 19. Botha accompanies Mr Chamberlain to Potcliefstroom . The Natal Opposition party refused Sir Arthur Himes' offer for a coalition Government.