Salt Lake Telegram | 1909-07-03 | Page 1 | Price of Diamonds May Now be Lower

PRICE PRIC Of f DIA MAY ON BE B lOWER OY L BERLIN July 3 Colonial Colonial Secretary y today informed a deputation n from the reichstag which called on him bit to inquire regarding the n newly discovered discovered discos ered diamond fields in southwest t Africa that these mines were valued value d dat at Continuing he explained that the significance sig sig- r- r of or of his recently formed coalition coal tion of the diamond interests in German Germa n southwest Africa was indicated by th the C fact that a representative of the D De e Beers company which controls the diamond dia dim L- L mond mend market markt had offered to make a reciprocal selling a agreement in order to 0 keep up the prices of diamonds Thi This a awas was rejected by the colonial secretary