The book B I Barnato a Memoir was written by author Harry Raymond Here you can read free online of B I Barnato a Memoir book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is B I Barnato a Memoir a good or bad book?
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You will ask how is it done when you have paid 5^ millions for the Kimberley Central alone ? I will show you, gentlemen. I do not say it was my brain that did it, but it was the brain of a man who is quite equal to hold the reins of office of the Chancellor of the Exchequer of England. The debentures we have amount to 2 millions, which enabled us to make certain important purchases of mining property. We have to pay on this money borrowed 120, 000 per annum. Some financiers might have felt just...ified in making our capital to commence with six millions, but I think you would sooner see the capital of the company at 3, 950, 000, at the ordinary rate of interest, 5 per cent. Mr. Rhodes went home to England in order to make arrange- ments for the debentures. I am certain it would have been a very great pleasure to him to have been present at this meeting, for he has devoted all his energies to the De Beers Consolidated Mines. At the meeting last year he said he thought his task was finished when he had made De Beers mine one, but another task was set before him : that was the purchase of Kimberley mine.
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