[Boer Politics by Yves Guyot]@TWC D-Link bookBoer Politics CHAPTER IX 8/10
He gave the following figures concerning the expenditure of fifty-six companies in 1898. The mines had only imported direct to the amount of L369,000, paid for machinery, which could only be constructed in Europe, and for Cyanide, to avoid having to buy the latter from a local trust, which raised the price 100 per cent. Through local firms they had imported machinery and certain products to the amount of L324,438.
From local merchants they had bought machinery, &c., to the amount of L2,487,660.
They had paid L767,600 to the Dynamite Monopoly.
They had distributed L3,329,000 in salaries to their employes, native or European.
If we take it that the expenditure of the sixty other Mining Companies, gold or coal, in the vicinity of Johannesburg, was similar to the above, we have a total of something like nine million pounds sterling put in circulation, _plus_ purchases of dynamite, _plus_ merchandise bought through the medium of local tradespeople.
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