260 SOUTH AFRICA. 



measures to overburden the industry with exces- 

 sive taxation in various forms. The natural 

 influx of capital is thus effectually dammed, immi- 

 gration stopped, and trade seriously depressed. 



There is no excuse for this condition of things, 

 which, while it obstructs general progress of the 

 Uitlanders, will also soon pauperise the Boers. 

 The continued vitality of the Krugerian regime is 

 fostered by Lhe non-interventionary attitude of the 

 Imperial Government, which, however, can hardly 

 be condoned in view of the manifest dangers which 

 augmentingly threaten the peace and prosperity 

 of the entire South African dependencies. 



That such a state of things should be allowed 

 to exist in this century, simply that one notorious 

 miser, who has never known the meaning of one 

 generous impulse, may pile up his useless hoards, 

 and that a few of his satellites may accumulate 

 large fortunes by pillaging the helot Uitlanders, 

 is, to say the least of it, disgraceful, especially 

 when we know that the necessary administrative 

 expenses of government in the Transvaal, under 

 proper control, need not cost much more than 

 one-third of the revenue now exacted. At least 

 two-thirds of the Transvaal revenues represent 



