A Life Time in South Africa

A Life Time in South Africa

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1900 edition. Excerpt: ...the Colony was due to the lavish, not to say indiscriminate, negotiation of " paper" by local institutions. The custom had its effect on social life, and the earlier debates of the local legislature were often enlivened by vehement denunciation of "bank parlour tyranny" as exercised in the interest of a favoured few to the detriment of the unblest many. As time went on and banks multiplied, all these processes and effects gradually disappeared, and to-day are only remembered as legends of the past. Bank directors are no longer the powers and personalities of yore. With the advent of great Imperial institutions business has drifted into ordinary, legitimate, impersonal channels, and is conducted between the bank manager and the customer as it is in other large communities. Natal colonists, nevertheless, feel proud that their one local institution has been able to hold its own--almost alone amongst other colonial banks--with such tenacity and success in the face of outside rivalry, and at one time in the teeth of a political attack from without which the resolute interposition of the local Government alone availed to frustrate. The survival and prosperity of the Natal Bank afford another example of that patriotic purpose and energy which it is my desire in these pages to commemorate and emphasise. The railway system of Natal has been developed on lines much more scientific than have been adopted elsewhere in South Africa. The principle of connecting local centres and following established trade routes has not been sacrificed to the fetish of inland trade--important though that is, and advantageous as it has proved. The several lines more or less follow existing traffic routes. The main central line bisects the country...show more

Product details

  • Paperback | 106 pages
  • 189 x 246 x 6mm | 204g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236747518
  • 9781236747518