23 FEBRUARY 1940, Page 30

THE British South Africa Company has celebrated its jubilee of

last October by circulating a privately (and very beauti- fully) printed sketch of its history, written by the president, Sir Dougal Malcolm. The earlier part, up to 1923, is reprinted from the Quarterly Review of 1924. The later part is new. Sir Dougal's lucid and temperate narrative does justice to the company which at its own charges established the two Rhodesias and to the shareholders who for thirty-four years went without a dividend. In the closing pages Sir Dougal shows how the copper mines in Northern Rhodesia, thanks to the company's energy in building railways, have at last brought great wealth to the colonies and enabled agriculture and social services to be developed.