As has been pointed out, the supposition was devoid of truth, but it is quite certain that the then Premier of Cape Colony would not have objected had the suzerainty been placed in his hands by England and British rule in South Africa vested solely in his person.
During a brief interval in his political leadership Rhodes pursued his work in Rhodesia.

In those days the famous British South Africa Company, which was to become known as the Chartered Company, was definitely constituted, and began its activity in the new territories which had come under its control.

Ere long, though, the tide of events brought him again to the head of the Government.

This time, however, though his appointment had been considered as a foregone conclusion, and though very few had opposed it, he no longer met the same sympathetic attention and co-operation which had characterised his first administration of public affairs.

The Colony had begun to realise that Mr.Rhodes alone, and left free to do what he liked, or what he believed was right, was very different from Mr.Rhodes under the influence of the many so-called financiers and would-be politicians who surrounded him.
An atmosphere of favouritism and of flattery had changed Rhodes, whom one would have thought far above such small things.