The investment is represented mostly by French and German shareholders,
the Transvaal Government also possessing a portion of the shares. The
contract with the State conveys a complete monopoly for the manufacture
and importation of all descriptions of explosives, and is so framed as
to base its subsistence upon international rights. One of the conditions
is that the issue of ammunition is relegated to State control. In this
manner burghers only get supplies, whilst Uitlanders are limited to very
small quantities for sporting purposes by special permits.




BOND FIGHTING STRENGTH IN BEGINNING OF 1899

Efficiently _Mounted Infantry._ At least about 142,000
trained.

15,000 Orange Free State, between 18-50
years . . . . . . . . . . . . . 20,000

25,000 Transvaal, between 18-50 years . . 30,000

40,000 Cape Colonies, between 18-50
years . . . . . . . . . . . . . 60,000

2,000 Natal and elsewhere, between 18-50
years . . . . . . . . . . . . . 2,000

18,000 Of above, aged 16-18 and 50-60 . . 30,000
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