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Palo Alto: A History of California, Capitalism, and the World Highlight

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After Hoover arrived in South Africa in 1904, Bewick, Moreing began shipping in tens of thousands of Chinese “coolie” laborers under the auspices of the CEMC, where Hoover remained a member of the board. This kind of racial arbitrage was standard operating procedure for Hoover; the Chinese gold miners cost Bewick, Moreing 45 cents a day compared to 60 cents a day for black South Africans.

— Malcolm Harris

Replicated under Fair Use from Palo Alto: A History of California, Capitalism, and the World by Malcolm Harris.

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