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Ch. 13: Principal Diamond Mines of S. Africa

Ch. 13: Principal Diamond Mines of S. Africa Page of 448 Ch. 13: Principal Diamond Mines of S. Africa Text size:minus plus Restore normal size   Mail page  Print this page
302
THE DIAMOND
The struggle for recognition being successful, the necessary assistance of capital was obtained and work began. In 1898, the year following, 22,843 carats were obtained in this district. Then came the war, which sus­pended all operations.
Meantime an enthusiastic believer in the possibilities of the Transvaal as a diamond-producing country, named T. M. Cullinan, had been prospecting in that neighbor­hood, and had become convinced that there were dia­monds, and plenty of them, on the land of Joachim Prinsloo, a Boer farmer. Prinsloo farmed parts of his wild tract in the usual Boer fashion, and rented small parts of it to natives. He was of course aware of the possibilities of the country, though it is doubtful if he had much faith in his own portion of it; the desolate stretch of scrub and brush did not suggest visions of wealth and magnificence beneath it. Cullinan wanted an option on the property, and was willing to pay a big price, if, after prospecting, he was satisfied that his judg­ment was correct, but the farmer would only sell outright for £25,000. The property cost him £500. Nothing came of it, and Prinsloo tried in vain to sell at his price. Then came the war.
After the war, Cullinan made new overtures, but the Boer had raised his price to £50,000, and still refused to give a three months' option at any figure. Finally Cullinan bought it, some say with additional expenses which brought the cost up to £52,000. The farm was the freehold of Prinsloo's portion of Elandsfontein No. 85, district Pretoria, in extent 817 morgen, 431 square roods. (A morgen equals 2.11 acres.)
The Premier Company has since added to its posses-
Ch. 13: Principal Diamond Mines of S. Africa Page of 448 Ch. 13: Principal Diamond Mines of S. Africa
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