Hostname: page-component-586b7cd67f-dlnhk Total loading time: 0 Render date: 2024-11-27T20:45:08.843Z Has data issue: false hasContentIssue false
  • English
  • Français

Some Aspects of the 1930s Depression in Rhodesia

Published online by Cambridge University Press:  11 November 2008

Otakar Hulec
Get access Rights & Permissions [Opens in a new window]

Extract

In the early 1930S the then Southern and Northern Rhodesia were in the course of major programmes of building and construction, which required tremendous financial outlay, when the world depression broke out. The regions throughout southern Africa which were living primarily off the exports of their natural wealth were necessarily influenced by the depression, particularly as it was the prices of exported raw materials which suffered mostly from speculation on the world markets. During these years of depression—a period of surpluses of finished goods—the prices of raw materials, including those from colonial dependencies, were forced down.

Type
Article
Information
The Journal of Modern African Studies , Volume 7 , Issue 1 , April 1969 , pp. 95 - 105
Copyright
Copyright © Cambridge University Press 1969

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Page 95 note 1 East Africa (London), VIII, 397, p. 853.Google Scholar

Page 98 note 1 Frankel, S. H., Capital Investment in Africa (London, 1938), p. 212.Google Scholar

Page 98 note 2 The Economist (London), 14 09 1929.Google Scholar

Page 98 note 3 S. H. Frankel, op. cit. p. 211 Barber, W. J., The Economy of British Central Africa (London, 1961), p. 127.Google Scholar

Page 98 note 4 Livingstone Mail, 6 12 1933;Google ScholarGann, L. H., A History of Northern Rhodesia (London, 1964), p. 254.Google Scholar

Page 99 note 1 East Africa, VIII, 367, p. 61; 379, p. 390; and x, 499, p. 632.Google Scholar

Page 99 note 2 S. H. Frankel, op. cit. p. 211.

Page 99 note 3 In East Africa, by contrast, the depression evidently had a much stronger influence, as shown, for example, by the losses of the British East African Corporation and other large companies, the generally critical situation of European farmers, the exceptionally high budget deficit in Kenya, and other unfavourable signs. East Africa, VIII, 381, p. 558, and 382, pp. 472–3.Google Scholar

Page 100 note 1 East Africa, VIII, 369, p. 135.Google Scholar

Page 100 note 2 Ibid. VII, 327, p. 494.

Page 101 note 1 S. H. Frankel, op. cit. pp. 193–4.

Page 102 note 1 Report of the 118th regular session of shareholders of the Standard Bank of South Africa, Ltd, July 1932; East Africa, viii, 411, p. 1201.Google Scholar

Page 102 note 2 S. H. Frankel, op. cit. pp. 182–3.

Page 102 note 3 East Africa, viii, 380, p. 415, and x, 484, p. 324.Google Scholar

Page 102 note 4 Ibid. VIII, 367, p. 61.

Page 103 note 1 Jannings, A. C., ‘The Native Area’, in NADA (Salisbury), 1932, pp. 74–7.Google Scholar

Page 103 note 2 Padmore, G., Africa: Britain's third empire (London, 1949), p. 40;Google Scholar and S. H. Frankel, op. Cit. pp. 60–1.

Page 104 note 1 Mnyanda, B. J., In Search of Truth (Bombay, 1954), p. 60.Google Scholar

Page 104 note 2 Leys, Colin, European Politics in Southern Rhodesia (London, 1959), pp. 181–2.Google Scholar