South Africa and its future . and wage-earner. These resolutions reflect the feelings of the whole inland com-munity of South Africa. The Canadian Pacific Railway, with 7588 miles open, makes anet profit of ^2,620,000 on a capital of ^53,000,000 as againstSouth Africa, with 5000 miles open, and net profits of over;!^5,000,000 on a similar capital. The Canadian Pacific Railwaymakes a net profit of £2)1^ P^ vcv\^ against a net profit of Natalrailways of ^803 per mile, and an approximate net profit of ;^i8ooper mile of the Central South African railways (Transvaal andOrange River Colony railways)
South Africa and its future . and wage-earner. These resolutions reflect the feelings of the whole inland com-munity of South Africa. The Canadian Pacific Railway, with 7588 miles open, makes anet profit of ^2,620,000 on a capital of ^53,000,000 as againstSouth Africa, with 5000 miles open, and net profits of over;!^5,000,000 on a similar capital. The Canadian Pacific Railwaymakes a net profit of £2)1^ P^ vcv\^ against a net profit of Natalrailways of ^803 per mile, and an approximate net profit of ;^i8ooper mile of the Central South African railways (Transvaal andOrange River Colony railways). New Zealand railway returns for1902 show net earning of ^280 per mile. The through rate forordinary goods from Durban to Johannesburg is just over 3fd. perton per mile. The rate for ordinary goods on the Central SouthAfrican railways (Transvaal railways) for fifteen miles is Qd. per tonper mile ; for fifty miles, 6|d. per ton per mile ; for longer distances,approximately 6d. per ton per mile. The average rate for goods 148. South African Railways on the Canadian Pacific Railway is only one-third of a penny perton per mile. Were this rate charged on a ton of goods brouo-htfrom Durban—the nearest colonial port—to Johannesburg, the costwould be only 13s. 6d. as against £], 13s. 4d., the present cost; thatis, the South African through rate is ten times as much as theaverage rate in Canada ; and the Transvaal rate for ordinary localtraffic of 6d. to Qd. per ton per mile is twenty times higher than theaverage Canadian rate. The Canadian Pacific Railway is selectedfor comparison, because it is a railway built to develop new andsparsely-populated territory, its special work being essentially thesame as that required of the railways of South Africa. TheCanadian Pacific Railway has doubled its earnings since 1895. ^^its policy were copied in South Africa, where the whole industriallife of the country depends on railways, enormous developmentscould be looked for. In South Africa i
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Keywords: ., bookauthorargylljo, bookcentury1900, bookdecade1900, bookyear1903
