The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-01-19
ROSY FUTURE
FOR TRANSVAAL
Chamberlain Prophesies 1t
in Speech to Natives at
johannesburg.

JOHANNESBURG Jan. 18-In the
course of his remarks at the banquet
given here yesterday evening to Colo
NAL Secretary Chamberlain in the his
toric Wanderers hall, Mr.. Chamber
lain explained at length the details of
the financial settlements with the nly
colonies. The principal features of
this settlement were announced by the
Associated Press, Jan. 13.
He said that all his information led
him to believe that the Beers were set
Ting down to recover their positions
and repair the damages Of the war with
the resolution of their race. He paint
ed in glowing colors the promising
prospects of the colonies when devel-
opment shall have reduced the cost of
living and when race prejudice shall
have died out.
He explained that it had been his
idea to ask for much larger sum than
anything yet mentioned, but on a plan
of yearly contributions from SURPRISES
and new sources of revenue. He said
1t had been represented to him. how
ever, that this plan might become a
burden on the new generation who
might regard it under the odious name
Of tribute to the mother country"
Referring to the details of the finan-
cial proposal the colonial secretary said
it must be borne in mind that all the
propositions hung together, that one
part could not be separated from an
other. There was no doubt in his own
mind or among those whom he had
consulted that the revenues of the
Transvaal would be ample to provide
service debt The action of number
of South African f1nanciers in sub
scribing the first 100000 without
commission or any preferential securi-
ty for the remainder of the loan, had
rendered the success of the loan on Nhe
London market quite certain.
He believed the people of the mother
country would accept the war contrf-
button as an adequate and liberal rec
ignition of the TransvaaPS duty to the
empire and value 1t more for the spir-
it in which it was offered than for the
relief it was likely to afford the ex-
cheQuer.
Mr.. Chamberlain then explained that
no war contribution had been asked
from the Orange River colony, whose
revenue was only sufficient for ordi-
nary expenses, but that in the prob
able development of the country he
thought it would not be unfair few
years hence, to ask for moderate
contribution If the resources justified
It.
London Reluctantly Approves.
LONDON, Jan. 19.-Colonial Secre-
tary Chamberlain's frank admission
that he started for South Africa with
the idea of obtaining a much larger
war contribution from the Transvaa1
than the one he has secured explains
the rumorS which have been current
for the last few days that his mission
had resulted in disappointment to him.
self, and although the arrangement
completed meets with hostile criticism
In a few sections of the London press,
, on the whole it is favorably received
because it is recognized that if Mr..
Chamberlain had not gone to South
Africa no contribution at all might
have been forthcoming, and also be-
cause the contribution is not forced but
voluntary on the part of the Rand in
terests, Great relief is also felt that
everything possible is being done to
avoid the introduction of Chinese la
Dor into the colonies.
The comment in the papers this
morning on Mr.. Chamberlain's Jo-
hannesburg speech shows 1t to be re-
garded as one of his most brilliant eff
fortsy breathing the best hopes for the
prosperity and the tranquility of the
new colonies.