Although the Witwaters Rand gold yield the lowest-grade ore ever known, they conserve richer veins and production is rising as the native labour supply is now ample for the first time in many years, At the end of March, 370,232 natives were employed in "Transvaal gold mines, against 351404 a year ago. The ample labour supply is due partly to reduced labour requirements in other Cape industries and agriculture, but partly it is the result of the opening up of new labour reservoirs in British tropical Africa, In the last eight years experimental employment of tropical natives has proved successful. The tropicals' death and accident rate declined rapidly year by year, falling almost to the level of the Cape natives in countries to the secure. Gold just naturally gravitates, in any times of doubt, from where it's most frantically wanted to where there's already plenty of it.
And the urge to get it out of danger also vane from time to time as well as from place to place. People's interest in it has varied every fifteen or 20 years from complete indifference to frantic desire. That's the business cycle. Despite what some economists say, it might have been better if the credit system for the last 300 years nad been based on something like iron or copper, more reliable and less hoardable. however bulky, instead of on gold. ment gradually relaxed its restrictions on the employment of tropical natives in Transvaal mines, Labour Recruiting The industry's labour recruiting organization lately has established agencies in many parts of British tropical Africa, whose work is reflected in the increasing arrivals of workers at Transvaal acclimatization stations.
As a result of the better labour supply, the Transvaal is expected to exceed the gold-production limit of 15,000,000 ounces for the first time in 1941. Last year's record output amounted to 14,037,741 ounces. At the current price, 15,000,000 ounces are valued at £126,000,000, well above $500,000,000. The entire Cape production at present is bought by the South African Reserve Bank for the Bank of England.
The British aluminium industry has invited leading architects and designers to consider the widest possible use of aluminium in rebuilding Britain after the war. This move indicates that aluminium producers already are aware of the difficult problem of adapting the present expanded capacity after the war of peacetime demands,
Text read from the printed page and cleaned; old type leaves the occasional error.