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Laying Foundations, 1904–14

In: White Farmers in Rhodesia, 1890–1965

Author

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  • Richard Hodder-Williams

Abstract

By the turn of the century, the British South Africa Company must have seriously questioned the financial wisdom of their involvement in central Africa. A series of disasters, some natural, some man-made, had imposed enormous costs on the Company and the prospect of a second Rand had faded. There was a short boom in mining shares after the war, but it collapsed in 1903. The Directors then considered how best they could meet the heavy costs already incurred in administering, protecting and developing the country and produce the profits which their long-suffering shareholders would surely one day demand. They turned to the land which, it was widely accepted, the Company could dispose of as it wished. What was needed, therefore, were settlers with money and skills to develop the land and thus enhance the value of unsold acres owned by the Company.1

Suggested Citation

  • Richard Hodder-Williams, 1983. "Laying Foundations, 1904–14," Palgrave Macmillan Books, in: White Farmers in Rhodesia, 1890–1965, chapter 2, pages 43-61, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-04895-3_3
    DOI: 10.1007/978-1-349-04895-3_3
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