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Ch. 6: Part IV: War Years and After

Ch. 6: Part IV: War Years and After Page of 688 Ch. 6: Part IV: War Years and After Text size:minus plus Restore normal size   Mail page  Print this page
320
SIR ERNEST OPPENHEIMER
Ernest Oppenheimer's task to rationalize these relations. In the end, the charge of research was transferred to the Diamond Trading Company, both in London and in South Africa. Speaking to the Dc Beers shareholders at the 57th annual general meeting on 22 June 1945, he said:
In my speech last year, I referred to a research department established in London by the Diamond Trading Company Limited, and to research into the properties ol industrial diamonds conducted in South Africa. I told you wc had decided to carry out the work in this country on a much more comprehensive scale and co-ordinate it with the work done in London. In furtherance of this decision, and as a preliminary measure, we have agreed to the expenditure of .£12,000 per annum for a period of three years, to be shared by this company, associated companies and producers, and have set up an organization styled 'The Diamond Producers Industrial Diamond Research Organization' under the direction of a committee comprising two directors of the company and three of our technical officials.
Arrangements have been made for the Government Metallurgical Laboratory to undertake diamond research work while the work we have been doing for some years is being continued. At the same time, we are considering establishing, as soon as practicable, our own research department, with proper laboratory facilities and full-time technical personnel. It is very mportant to gain the most precise knowledge of the properties of industrial diamonds and how they can best be utilized in the requirements of industry, for it is certain that there is a big future for this side of our business if it is properly and scientifically handled.
The research laboratory was duly established in 1947: by this time the Diamond Trading Company had handed over the trade in indus­trials to Industrial Distributors Ltd., of which more must be said in a subsequent section, and it was this latter company which built the
can be no doubt that the company, in collaboration with the . . . authorities in Johannes­burg, did useful research work and actually discovered an improvement to the Neven process . . . and what is more, the company succeeded in interesting the New Consoli­dated Gold Fields and the Anglo American Corporation in the problem of utilizing crushed bort with various metal binders for certain drilling activities on the mines of the Rand.
'The research work of Bort Products has now quite rightly come to an end, because the New Consolidated Gold Fields and the Anglo American Corporation are willing to carry on research work combined with actual work on their mines, and they are much better equipped to carry on this development work than the Bort Products company could ever have been. Research into the use of drilling diamonds set into crowns is being carried on the world over, and expense on additional research in this direction is neither justified on behalf of the producers of diamonds nor the Diamond Trading Company' (i.e. the company which was selling diamonds, both gem and industrials, on behalf of the Diamond Producers' Association, of which the Diamond Corporation was a member).
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Ch. 6: Part IV: War Years and After Page of 688 Ch. 6: Part IV: War Years and After
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