In richest Alaska and the gold fields of the Klondike; how they were found ..together with a history of this wonderful land from its discovery to the present day ..and practical information for gold seekers . to theRand, as it is now called. Then he quietly acquired theLanglaate farm for a few thousands, which the people onthe spot thought was sheer madness. But his name wasJ. B. Robinson, and he was soon known in the Kaffircircus and elsewhere as one of the gold kings of a year or two he floated a company with a capital of450,000 pounds to acquire what had cost him about20,000 pound
In richest Alaska and the gold fields of the Klondike; how they were found ..together with a history of this wonderful land from its discovery to the present day ..and practical information for gold seekers . to theRand, as it is now called. Then he quietly acquired theLanglaate farm for a few thousands, which the people onthe spot thought was sheer madness. But his name wasJ. B. Robinson, and he was soon known in the Kaffircircus and elsewhere as one of the gold kings of a year or two he floated a company with a capital of450,000 pounds to acquire what had cost him about20,000 pounds. In five years this company turned outgold to the value of a million pounds, and paid dividendsof 330,000 pounds. The Robinson Company, anotherformed a little later, in five years produced gold to thevalue of one and a half million pounds and paid 570,000pounds in dividends. With these discoveries and suc-cessful enterprises the name and fame of the Rand were established, and for years the district became thehappy hunting ground of financiers and company pro-moters. The Rand, or Witwatersrand, is the topmost plateauof the Hio-h Veldt of the Transvaal, on whose summit isthe gold city of X. J si BARNEY BARNATO. ,grt In the later eighties and early nineties the principalfeature of South African mining- was in the madness ofthe stock exchange; in fact, all Europe became inocu-lated with the disease, which at one time made Johannes-burg a marvel and a reproach. That disease was acraving for speculation in the shares of gold miningcompanies, whose markets were called the KaffirCircus. The fact that in 1895 South Africa was pro-ducing two and a half million ounces of gold per annum,at a gross profit of about three millions sterling, fired theimagination and stirred the cupidity of hundreds of thou-sands of people who had not taken the trouble to askwhat it all meant. When the British public did go in forAfrican ventures it went with a rush. The climax of madness was r
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