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FIRE IN THE EARTH
There was an excited search after that among the usually stolid Boers and their black servants, but ten months passed before another one was found—this time, thirty miles downstream from Hope Town, near the junction of the Orange and Vaal rivers. The search went on for about two years without any remarkable reward until, in March, 1869, a diamond of 83-1/2 carats was picked up by a witch doctor on the banks of the Orange. The same Schalk van Nie-kerk bought this stone for 500 sheep, 10 oxen, and a horse. He sold it for $55,000. It became the famous "Star of South Africa,"
The rush was now on in earnest. But not until the com­ing of Cecil John Rhodes were efficient methods and en­gineering talent applied to the production and handling of this most concentrated form of wealth. But this de­serves a chapter all its own because it concerns, also, the formation of the greatest diamond producing organization in the world, the De Beers Consolidated Mines. Ltd.. which, together with its subsidiaries and associates, the Dia-mond Corporation and the London Trading Company controIs" at least 95 per cent of the world's output.
It is interesting and important to note, however, that in South Africa the geological basis differed from that found in the discovery and mining of diamonds in India and South America. True, the first diamonds were found in river gravels—alluvials, they call them. But soon afterward they were traced to a new and unsuspected source. Earlier, geologists had doubted that South Africa would yield many diamonds, since the geological conditions seemed different from those in India and Brazil. But even then they did not realize that below the alluvial diggings were the pipes that were to yield the real wealth in diamonds.
Mr. H. T. Dickinson, Technical Director of De Beers
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