iects,
the colonists. Never before was the marketing of precious stones so
carefully planned in advance of their production. The output will be
strictly limited, following the policy of the English Syndicate, and
the mining will be closely regulated by the German government. The
annual product is expected to reach about 140,000 carats. The
syndicate is reported to be composed of representatives of leading
German banks and various combinations of speculative investors in
diamond corporation shares; among them are the Lenz-Stauch-Nissien
group, the Berlin Commercial Co., and Kohnanskop group. The last is of
minor importance and is controlled by Englishmen. It is agreed that
all stones are to be sent to Luderitz Bay, where they will be taken by
the syndicate. The companies that deliver will receive at once a part
payment to cover cost of mining. The stones will be weighed, packed,
and sent to Berlin under the owners' names, where they will be sorted
and sold and owners credited with the profit.
No
definite arrangements have been made to establish a German diamond
market. It seems improbable that either Hanau or Frankfort will be
considered. Berlin seems to meet all the
