The wording of the clause is as follows:--

"The Residents in the South African Republic before 1890, who shall
become naturalised within six months of the promulgation of the
proposed law, after giving six months' notice of their intention to
apply for naturalisation, shall obtain the full franchise two years
after naturalisation, instead of five years. Those who have not
been naturalised within six months will have to fulfil the
conditions applying to new comers."

Look at the trickery of this regulation. A man must apply for his
naturalisation six months beforehand, and he is bound to be naturalised
within six months of the promulgation of the law. If he does not make
his application on the very day of the promulgation, he loses all the
advantages of his residence in the Transvaal before 1890, and he must
wait another seven years. Note, that on the actual day of promulgation
the administration of the Transvaal could never, even in good faith,
have dealt with the 20,000 or 30,000 declarations that would have been
made; and Mr. Krüger calmly proceeds to adjourn to another seven years
the Uitlanders who had already put in nine years of residence, total 16
years. Yes, Mr. Krüger is very clever to have invented such a skilful
contrivance; to have had the audacity to propound it; and to hold the
opinion of Europe in such contempt that he could think it possible to
make the majority of people the dupe of such schemes; and he has
succeeded!

Sir Alfred Milner replied in the courteous language of diplomacy that
after the interchange of these two propositions, Mr. Krüger and himself
found themselves on exactly the same ground as before the Conference,
and that, therefore, there was no object to be gained by prolonging it.