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Ch. 8: Golden Semicircle

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EPILOGUE
T his book was completed in draft before, on 15 March 1961, the Prime Minister of the Union of South Africa announced the impending withdrawal of his country from the British Com­monwealth. It was an event which Ernest Oppenheimer would have most profoundly deplored; it would have seemed to him a betrayal of South Africa's vital interests, as well as being a violation of his own most deeply held beliefs.
The firms which he controlled were primarily interested in com­modities— gold, diamonds and copper—which depended on a world market: on the financial side the maintenance of close connexions with the City of London was one of the fundamental assumptions upon which hopes of further expansion in the future were based; the opera­tions of the group were not confined to the Union, but had spread to the Rhodesias, where, as has already been set out, an ever-widening range of activities was undertaken. These facts in themselves would have prevented him from entertaining any narrow nationalistic philosophy; but, all questions of self-interest apart, the bent of his mind made such a profession of faith impossible to him. He was a passionate South African, like his friend and political leader, General Smuts, and, like him, he was also a passionate adherent of the Commonwealth. He manifested his faith by deeds—Queen Elizabeth House at Oxford, founded by Royal Charter in 1955 'to facilitate studies in political, economic, legal, administrative, social and cultural matters affecting the peoples of the Commonwealth overseas and specially, but not exclusively, the peoples of the Colonies, Protectorates and other territories for which Her Majesty's Government in the United Kingdom now bears responsibility', owed its origin (though further sums were contributed by the United Kingdom Government) to a donation of f 100,000 on his part. This was a donation which reflected a personal point of view and must be considered as such: it was not impelled by any self-seeking motive whatsoever.1
Yet the step has been taken and the whole future of South Africa will be affected by it. Ernest Oppenheimer's death in 1957 closed one chapter: this opens another. It had always been the writer's intention to end this book by attempting to assess what was permanently significant in a career such as the one described in the preceding pages; it gains
1 This donation was not of course the only one made by Ernest Oppenheimer in his personal capacity, nor the only one which indicated his interest in social, political and educational matters. He was a generous contributor to the Smuts Memorial Fund, the
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