MR CHAMBERLAIN'S TOUR

Taranaki Daily News, Volume XXXXV, Issue 16, 20 January 1903, Page 3

MR CHAMBERLAIN'S TOUR

THE JOHANNESBURG BANQUET. . A REOJRD OVATION. LARGE LOANS. PUB PRESS ASSOCIATION Received 20, 0 15 a.m. Capb Town, Janu ry 19. | The gu#s's at the Johannesburg banquet included Lord Milner and General Botha. The Mayor presided. Mr Chamberlain received th« greatest ova'ion of anyone in the history of Johannesburg. His spaech occupied an hour and a half in delivery.

He announced that; with a view to ensuring p;a-tical and immediate results, and fixmg a sum instead of earmarking indefinite surpluses, ha had secured an authoiisation to accept a scheme baaaJ, as to the firs': part, wholly in the Transvaal's favour. Parli-menl; would gunrantte an in vestment loan of 35 millions, on the tecurityof the Transvaal's and Orangii'a assets, which would be ra : sed the moment it was sanctioned, to pay existing debts, buy and construct railways, and p omote laed s^ttlemen I '. A war debt loan of thirty mi'lions would bts placed at the earliest opportunity after ths o f h r loan, on s»cuiity if Tmnsv.ial asse's. Financiers had subscribed an i' stalm?nt of ten millions, without ootntnissior, or preferential security as regards the temaindtr, thus assuring tie buc cess of 'hiloin on the Lmdon market. J This wou'd place no undue burd-n on the Tran:vial, 'he Motherland ac.ept-1 iog an adequate and liberal share. | O angia would not be asked to con-1 tribute unless her resources hereafter J warr n'ed it.

TH® LABOUR QUESTION. j Received 20, 1 3 a.m. Cape Town, January 19. In his speech at the Johanntsbarg banquet, Mr ChamberUin warmly' denied agreeing to the prf posal to introluce Chinese and Persians, as sufficient labouc was aveihble in South Africa if the Kaffirs could be forced to wo»k. | Commenting on theincreise of white 1 .hour, he said that whereas prior to tha war there was one white to every nine Kaffi-s, the proportion was now one to five. If the proportion increased it woull make it a " white mm" country. It was nsw essential to develop the present supply and increase the effie'eccy of whit=t labour oply. Hereafrer they could consider drastic measures. Lord Milner announced that prior to the appointment of a Koyal t'ommiseion, be intended calling an intercolonial- conference to onsider the ques ion of native administration and legislation. Mr Chamberlain, replying to J. B. Robinson's recent statement that it was impossible for DowniDg-street to wholly rule any portion of South Afriga, was wildly applauded when h'j declared that neither Boc-r nor Britan wished to substitute Mark Lane for Downing-street government. He added thut 8 lf-government would be I granted when security and petmaufnee of ez'S'ing order were secured.