South Africa.
RESETTLEMENT.
The burghers are contentedly resettling. Their chief anxiety is to rebuild their homesteads, but material and transport are scarce. There is great need for breeding stock.
The burghers are not interested in politics. It is officially stated in Johannesburg that the three millions allotted as compensation for restocking Boer farms will be charged to the Imperial 'Exchequer, also the two millions for compensation to British subjects, natives and foreigners who maintained fieutralily. These amounts are independent of payments by the military Compensation Boards. AMALGAMATION. The Imperial Coal-storage Supply Company proposes to acquire the business of the South African and Australasian Cold-storage Company for £1,650,000. The Imperial Company will increase its capital to two millions, and will secure a subscription of £IOO,OOO as additional working capital. Mr B. de V. Graaf, managing director of the South African Cold storage Company, joins the Board, and Mr J. K. Stephnuson, general manager of the original company, becomes general manager of the new combination. Mr J. H. Harris, formerly in the Melbourne office of the John Cook Company, has been appointed assistant manager.
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Manawatu Herald, 16 September 1902, Page 2
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182South Africa. Manawatu Herald, 16 September 1902, Page 2
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