The initial cost of the Rudd concession was a grant of £1,200 a year to Lobengula, 1,000 Martini-Henry rifles and 100,000 rounds of ammunition. Rhodes suggested that there should also be a gift in the form of a paddle-steamer on the Zambezi (‘… I should offer a steamboat on the Zambezi same as Stanley put on the Upper Congo’). But this was never delivered for the very good reason that the upper reaches of the river were unnavigable.
KeywordsCash Dividend Gold Share Gold Field Bear Movement Royal Charter
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