§ MR. HERBERT SAMUEL (Yorkshire, Cleveland)I beg to ask the Secretary of State for the Colonies if he will state what is the present annual rate of gold production in the Transvaal, based on the most recent monthly return; and what was the value of gold actually produced in the year of maximum yield.
§ MR. LYTTELTONThe value of the gold output for the Transvaal for February, 1904, is given as £1,229,726. This would give an output for twelve months at the rate of £14,756,712. The value of gold actually produced in the nine months of 1899 was £14,093,363, or at the rate of £18,791,150 a year for 1899, or taking the month of greatest production-August-at the rate of over £20,000,000 a year.