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Ch. 9: Diamond

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92               PRECIOUS STONES
The African mines are now practically all under the con-trol of the company known as the " De Beers Consolidated Mines, Limited," of which the Hon. Cecil Rhodes was chair­man. The capital was £3,950,000 (since increased).
Of the diamonds found in the Cape, according to Streeter, about twenty per cent, are of the first quality, fifteen per cent, of the second, and twenty per cent, of the third. The remainder is " bort." Kunz grades the output differently, and accords more with the American idea of quality, proba-
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