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f the railway were divided at the rate of five per cent, to the Company, ten per cent, to the shareholders, and eighty-five per cent, to the State. The shareholders, according to him, were not the Netherlands Company. As regards dynamite, it was the corner-stone of the State's independence. WOLF! Whenever President Kruger can get an opportunity to utter a word which will reach the public ear, he harps upon the independence of the country being in danger, and the dynamite concession being the corner-stone of that independence. The cry of the wolf being at the door has enabled him to enjoy fifteen years of office, with its princely emoluments, and to the ossified brains of his burghers the same old story may be related with endless repetitions. THE DYNAMITE DISGRACE. At one electioneering meeting the President said that he refused to have electric trams at Johannesburg because he could not see his burghers deprived of the means of selling their forage. He also assured his audience that the Dynamite Company should be compelled to manufacture dynamite from the products of the country--although it is well known that almost every constituent of it must be imported from Europe. He also stated that the Dynamite Company was essential to the independence of the State since it made the manufacture of gunpowder possible, whereas he knows well that the ingredients of the composition must be purchased abroad. At another place the President said: "I get so much money from the mines that in a short time I shall be able to pay for the dynamite factory. I will not break the factory. I will not allow any importation of the ingredients to take place, but at the same time I will not throw up the factory." The people were unable to perceive any nonsense in his words. As the factory can only manufacture 80,000 cases a year, and as 250,000 cases are needed, it never struck them that 170,000 cases would have to be bought elsewhere, nor that as dynamite cannot be made in the Transvaal without obtaining its constituents elsewhere did it seem necessary to ask how the President could keep his promise. THE PRESIDENTIAL DOTARD WILL BE ELECTED A FOURTH TIME. If one will read the above carefully over, he will be able to gauge the intellect of this wonderful statesman fairly well, and measure the sense of the people who gape at these absurdities. What with political economy drawn from Isaiah and practical life being ordered by w
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