Nobody had told young Isidore W. Schlesinger, when he ran away from his New York home at the age of 18, that there were no cannibals in South Africa, so he had to become a businessman. In 40 years he acquired all the theatres, cinemas, broadcasting facilities in South Africa and a large share of its minerals, shipping, banks, timber, fruit, insurance, transportation and real estate. Last week he edged his way into the world's most famed monopoly: Diamonds.
Last week Depression forced De Beers Consolidated Mines, Ltd., to close its diamond mines. Chief unit of the South African diamond syndicate, De...
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