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-