White men looking for diamonds can drink champagne. Black men looking for diamonds can buy clothes and guns and food. It is not the wealth found which directly enriches the nation, but the trade created by the finding. It was the same with the gold in Australia. Of the national benefit arising from the diamonds there can be no doubt. Whether they have been equally beneficial to those who have searched for them and found them may be a matter of question.
What fortunes have been made in this pursuit no one can tell. If they have been great I have not heard of them. There can be no doubt that many have ruined themselves by fruitless labours, and that others who have suddenly enriched themselves have been unable to bear their prosperity with equanimity. The effect of a valuable diamond upon a digger who had been working perhaps a month for nothing was in the early days almost maddening. Now, as with gold in Australia, the pursuit has settled itself down to a fixed industry. Companies have been formed. Individuals are not suddenly enriched by the sudden finding of a stone. Dividends are divided monthly and there is something approaching to a fixed rate of finding from this claim or from that, from this side of the mine or from the other. There is less of excitement and consequently less of evil. Men are no longer prone to the gambler's condition of mind which induces an individual to think that he,—he specially,—will win in opposition to all established odds and chances, and prompts him to anticipate his winning by lavish expenditure,—to waste it when it does come by such puerile
