SOUTH AFRICA.

Timaru Herald, Volume LXXXIII, Issue 12928, 20 March 1906, Page 5

SOUTH AFRICA.

THE TRANSVAAL PRESS INDIGNANT. LOSS TO SHAREHOLDERS. United Press Association—Per Electric Telegraph—Copyright. CAPETOWN. March 18. The Transvaal Pros fiercely resents Mr Winston Churchill's speech as a gratuitous insult to every self-governing colony. The "Johannesburg Star" remarks that the arbitrary disallowance of colonial legislation will introduce a most aerions clemuit in the stability of the relations between the Motherland* and the colonies. PARIS. March 18. French shareholders are incensed at the outcry tf the Radicals against the Chinese, and declare that the threat to abo!:*h coolies .has depreciated the values of South African shares by £24.000.000 in two mouths, causing a loss to French sharch:.!deis ot £8.000,000.

LONDON. March 18. I F. A. Govett, chairman of the! Ivanhoe Gold LVi portion of Western Australia, in a letter to the "Tim**." in! reference to Mr Winston Churchill's' speech in the House of Commons, crnn-i paring the Ivanhoe and Rand mines, j states that if the staff tf the Ivanhoe j and its men weie transplanted to the! Rand, they: would ba able at the present! rate of Australian wages to maintain! and pet haps reduce the cost of mining! on the Rand. Nevertheless Chinese ore necessary to the Rind, because there are not enough blacks, and efficient white labour is no obtainable. LETTER BY MR. CHAMBERLAIN. SH.4RP CRITICISM OF MR. CHURCHILL. Received 9.25 p.m.. March 19tbf " *' LONDON. March 19. Mr. Chamberlain, in a letter to t3io "limes," replying to Mr Churchill's at-1 tacks, compared liitn to a political **tur-i vey drop." and condemned as pharisaica! opposition hi* statement that thi importation of Chkoe was repugnant to morality. Finding tliat the "pigtail' section of his party was dissatisfied with Lis decib-on to throw tiie ultimate rcspcnwibilHy of, continuing or abolishing tho system* nnon the new Transvaal Government". Mr Churchill now announced a policy of intervention which was micomUitutioiu]. inconsistent with Liberal principles, and imulling to the colonic-. It would provoke serton* conflict between the- Motherland, and the first colony which was to be subjected to this, new assertion of Imperial authoritv which expected "a- State rcsiHHisible government to onmtnnnicate it* measures to the Colonial Office befotehnnd with possibilities of veto.