In an article on this subject in the "South African Mining and Engineering Journal Year Book," Dr. Perry Wagner points out that Southern Africa account ordinarily for fully 95 per cent. of the world's output of diamonds. Productions since 1867, when the first find was made, amounts roughly to 38 short tons, valued at well over 200,000,000.

TRADE AND FINANCE: DIAMOND INDUSTRY Output of Diamonds in South Africa: Depression in Industry owing to Russian Dumping--Lopping off of Canadian Bank Branches--Bank Amalgamation Proposals--Switzerland's Trade returning to pre-war normal