Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1896-04-10
MONEY FOR ROYALTY.
Esgiand's Nobles Interested IN the
South Africa Company.
Founded by Number or rho bucen's
frivy C0utfcil-The Cause Of tho
Present Trouble In the
Transyau1.

Nrescut trOuDie In the
Transvaal.
While there are some who nllcgc
Tint. owing 10 it's aristocratic compost.
tion, the chartered company of Soutl,
.Nfrica. of which Mr.. Cecil ilhodcs il.
The presiding deity. VIII never forfcit
its charter i'll spite OF the inconcriv;,hl,'
nci OF aggression upon the Tranxyaul
republic by it's oiiiccis ind admin 81.
traitors. there nrc oth,1's of nior,
cynical turn of mind and iicqunntc,
with the financial circumstances of til,
company, who claim that tine forfeiture
of the charter wouIi be the liunpic.;
thing that could possibly hapncn t.
the company, and tina, DR. ,lnu,rson,
raid across the British border wa
undertaken with the express ptirpuS,
or bringing about that event The.
is TO doubt that the company for SON.
time hhs been in u very bad WAY finun
chilly. that 1t ilhtls Itself unai,Ie 10 ful
i'll its promises and pay to its stock.
holders dividends on the shares which
tl;r present holders have purchased n,
enormous premiums from the noble
founders OF the enterprise.
u the company were to 70 into liqui.
dation by ordinary bankruptcy, due
to the failure to fulfil it's undertake
mgs. there would be terrible row i'm
London, one which might affect even
the stability of the throne, since IL
would be found that no; ouly members
OF Inc aristccrucy but even of the reign
ing house have realized vast sums OF
hioncy by the sale OF shares In the con
ccrn at huge premiums TO the present
unfortunate holders. most of whom
will be ruined. Tit natural tlisrosi-
tim of people Under such circ,,m.
stances Is 10 nl,cge fraud, aud, unfortu.
nn"ly. there has been much in conncc.
ION with the enterprise that appears
exceedingly iishy. 30 say the least.
Now.a forfeiture OF tho charter would
practically relieve the company of much
OF the odium with which il would other.
wise be suddlcd in lie event of failure
and the blame Of the latter could be
laid 10 great extent upon ehc govern
ucnt, the directors of the company
claiming TINT they could easily have
fulfilled all their engagements had not
The British government stepped in and
ruined the concern by repeating its
charter.
This is the only plausible excuse for
the otherwise absolutely insane frcal,
of DIR. jameson, one ol the E.osl clever,
irvrl-heudrd and br liant of licutcn-
ants OF MIR. Cecil Rhoucs-in enc word
man possessing Il the traditional
g-I tt.. "A az 4.
with The spirit of adventure of the
ingiishman. lie is just the kind OF man
ready To sacrifice himself TO cover the
retrat-the financial rctrcat--of his
associates and friends.
The founders of the company are
hfsl and foremost, Cecil Rhodes. II
member OF tile queens privy council
AMI prime minister of Cape Colony
next in Importance to his principal
phrincr in the concern being the duke
oil Fife. son-in-l;tw Of the prince of
Wales. and the one OF all the members
of the Eritish MOBILITY to whom th,
queen has shown the greatest degree
al favor. Then there is the duke al
Abcrcorn. chief of the prince of Wales
household. the .cadrr of the conscrv;,-
tive party in Ireland and brother OF
Lady Rianiord. mother of the duke oil
marlborough. y fourth is Ear
Gray, son of that Gen. Gray who
was so mnny years private secretary &c
the queen and the princV consort and
governor oi the prince Of Wales before
the latter attained mis- majority
1t viii b' seen from these names that
Irp anI
thc leading spirits in the South Afric:
company are such that neither Lord
Salisbury nor MIR. Joseph Chamberlain
the secretary of state for the colonies
would dare Ia take upon themselves the
responsibility of anni,lling the charter
save with the consent and approval OF
the two nukcs. the earl and the nrivy
councillor and colonial premier chief )
interested in tho affair.
Let il bc added that there is hardly Il
member of the royal family. from the
prince OF Wales down TO FRINGE Henry
CT 8attenberg. who has not made none,
ont of the concern and held shares IN
II. and the same may be said of the
principal members of the royal house
bold aud society. the grand send-ofl
which Cecil Rhodes company received
beng IN great measure due TO the
discrimination which he displayed IN
aIiottinh founders shares only to those
who. either through their social or of
Eciaf influence. could promote the in
rerests OF the concern. Must of them
however. have been clever enough t.
unload their holdings when the share,
|
Record.
A MIR. Maisprop.
A real MIR. Malaprop was discovered
the other day in the person of II Broad
| suaru hIn-,.nr ..ouI,.tor 'rJ,a no.