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Ch. 3: Part I: New Syndicate

Ch. 3: Part I: New Syndicate Page of 688 Ch. 3: Part I: New Syndicate Text size:minus plus Restore normal size   Mail page  Print this page
114
SIR ERNEST OPPENHEIMER
THE CHANGING PATTERN OF DIAMOND PRODUCTION
Before 1922, when the Weights and Measures Act (No. 32 of 1922) was passed, the unit of weight employed in diamond mining and in diamond trading in the Union was the carat of 205-304 milligrams.
The Act cited above provided for the voluntary adoption of the 'inter­national' or metric carat of 200 milligrams, or 3-08649 grains. The metric carat is thus equal to -974165 of the 'old' carat. As from 1 July 1922, De Beers Consolidated Mines adopted the metric carat in its statistical series; so also did the Union Government. Unless converted, old statistical series are thus not strictly comparable with those published since 1922. The follow­ing table is based on the metric carat throughout. (See also Union Year Book, no. 6 (1923), p. 771, and, for an historical survey of the different weights subsumed under the word 'carat', Bauer and Spencer, Precious Stones, etc. (1904), p. 103 et seq.)
Ch. 3: Part I: New Syndicate Page of 688 Ch. 3: Part I: New Syndicate
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