Salt Lake Telegram | 1906-07-16 | Page 1 | Alfred Beit, Friend of Cecil Rhodes, Dies

ALFRED BUT, f RIEND OF CECIL RHODES, DIES He was reported to have been implicated im-plicated in the Jameson raid. Later, La-ter, a suit was brought against Mr. Beit on the ground of complicity in the raid and his prosecution. was de-manded de-manded by Dr. Leyd, the representative representa-tive of the Transvaal In Europe, and In 1896 his resignation from the board of directors of the British Chartered South Africa company When Cecli Rhodes died In 1902 It was found that Mr. Belt was appointed ap-pointed one of his executors and Mr. Beit thereupon returned to the board of directors of the British Chartered South Africa company. LONDON, July 1. Alfred Beit, the well-known South African financier, died today. He had been In ' bad health for some time. Mr. Belt, was born in 185S at Hamburg. Ham-burg. , He was a life Governor of the, De Beers Consolidated mines, a partner in the firm of Wernher, Belt & Co., and a director of the Rand mines, Rhodesia railways, Bechuanaland Railway trust. Consolidated company, BultfoneteJn mine, and British Chartered South Africa company. 1 i 1 Early in 1903 Mr. Beit had an apoplectic apo-plectic stroke while at Johannesburg, and it appears that he never fully regained his health. Since that time he had lived in London. Mr. Belt, who is said to have been the richest man in London, and who controlled the output of gold In South Africa, was at one time alleged to be forming a "gold trust" in which the names of prominent American financiers were mentioned. - He igave large sums of money to the Red Cross and other Institutions and recently donated $500,000 to found a university at Hamburg.