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Currency inflation-farmers the great
86 International Coinage..........46, 260
Iron and Steel, their manufacture... 248
821 Journal Banking Currency and Fi.
nance.....79, 189, 237, 319, 899, 47)
166 Labor Congress at Home and Abroad 292
106 Lake Superior Copper Mines.... 146
296 Loans and Discounts Rates Weekly
74, 149, 282, 815, 894, 468
810 Louisville and Nashville Railroads.. 425
811 Louisville, Cincinnati and Lexiogton
Milwaukee and St. Paul and Milwau-
keo and Prairie du Chien Railroad. 26
Money Market and Factitious icter-
National Foard of Trade ...
National Bank returns of each State
National Bank reserves. ..212, 430
New York Central Stock Dividends. 207
267 New Hampshire, Deot and finances
New Orle os Cotton Statement. 39
.... 147, 23
Pacific Railroad of Missouri...... 196
Pacitic Railroads and Railroad Pre-
Britain and United States..... 230 South, commercial recuperation in
160, 232, 816, 893, 468
213 Steel and iron, their manufacture 248
Telegraph and commerce
Trade, depression of
Trade of Great Britain and the Uni-
......147, 223, 380
Transportation between seaboard and
Treasury report in full.
Tre sury report, comments upon... 420
267 Trade of....... .147,2 3, 885
812, 391, 432
Virginia-Navigation from the Ohio
to Chesapeake Bay .......108, 161
ERBATA.- In the November number pages 241 to 284 should be 341, &c. In the
ON THE TRADE WITH THE COLORED RACES OF AFRICA. *
I propose to take a general survey of the commerce between the colored or Ethiopic races of Africa and the civilized world; and then briefly to consider the means by which that commerce, hitherto confined to the coast, can be extended to the interior.
The Ethiopic races inhabit that vast country south of the great desert, which may with tolerable accuracy be defined by a line drawn from the River Senegal to Cape Guardafui as its northern boundary; while its southern limit is the Cape Colony. It thus comprises about forty-five degrees of latitude, and is bounded, east and west, by the Indian and Atlantic Oceans; its area being equal to one-fifth or one-sixth part of the habitable globe.
Apart from any question of inherent inferiority of race, it is obvious that the country occupied by the Ethiopians is not calculated to engender civilization. It lies in too compact a mass, unbroken by bays or inlets; por do the rivers afford either defensive frontiers or the means of commu
* Read before the Statistical Society of London by Archibald Hamilton, Esq.
nication and transport equal to those which divide and traverse the other divisions of the globe. The great desert cuts it of from the ancient civil. ization of which the Mediterranean was the centre, while the intercourse subsequently established by the Arabs, is limited and impeded by the
The rivers are all subject to a dıy seascn, which renders them during a part of the year unfit for inland navigation ; and they are all more or less interrupted by rapids and cataracts; though it is true equal obstacles have not bindered the St. Lawrence from becoming the great means in the settlement of Canada.
There are two circumstances which give reason to hope, not only that our commerce with the races dwelling on the coast will be rapidly enlarged, but also be extended inwards. I mean the almost total stoppage of the Christian or transatlantic slave trade, and the rapid strides which have of late been made in the exploration of the continent.
In 1854 Livingstone penetrated from the Cape Colony to Loanda, and thence he crossed to Quillimane, tracing the course of the Zambesi on his way. Subsequently be explored Lake Nyanza, and it has recently been a public consolation to learn that he is now on his way home, most likely down the Nile, to complete our knowledge of Lake Tanganyika, first discovered by Burton. Barth has supplemented the labors of Denham and Clapperton in Central Africa, between the Niger and Lake Tchad, most hopeful and important district of all. Speke and Grant advancing, northwards from Zanzibar, have discovered Lake Victoria Nyanza; while Baker, coming in the opposite direction from Egypt, has terminated the long mystery as to the source of the Nile, having beheld it issuing from the great lake Albert Nyanza. Brilliant as have been the results of these explorations, and others of lesser note, the field of adventure is far from exhausted; much remains for discovery before the map of Africa can be filled up, and the future highways of commerce be traced out. Happily, however, the spirit and enterprise of our countrymen are more likely to be stimulated than diminished by the exploits of the celebrated travelers to whom I have alluded.
There is one subject which occupies a large space in every book of African travel-the slave trade. I do not intend to enter into any
details of the horrors attending that traffic; but as human beings have for three centuries been one of the chief exports from Africa, this subject is inseparably mixed up with that of legitimate commerce; because of the anarchy which the slave trade everywhere creates, the ceaseless kidnapping—slave huntsmand wars undertaken expressly to obtain captives, to the destruction of settled industry. It is even the principal cause of the difficulties experienced in exploring the country; and has, moreover, brutalised the natives on the coast far be!ow the condition of the people in the interior