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 francs per annum. No official computation, however, of the trade of a Coast district is correct, for reasons I will not enter into now.

The native coinage equivalent here is the manilla—a bracelet in a state of sinking into a more conventional token. These manillas are made of an alloy of copper and pewter, manufactured mainly at Birmingham and Nantes, the individual value being from 20 to 25 centimes.

Changes for the worse as far as English trade is concerned have passed over the trade of the Ivory Coast recently, but the way, even in my time, trade was carried on was thus. The native traders deal with the captains of the English sailing vessels and the French factories, buying palm oil and kernels from the bush people with merchandise, and selling it to the native or foreign shippers. They get paid in manillas, which they can, when they wish, get changed again into merchandise either at the factory or on the trading ship. The manilla is, therefore, a kind of bank for the black trader, a something he can put his wealth into when he wants to store it for a time.

They have a singular system of commercial correspondence between the villages on the beach and the villages on the other side of the great lagoon that separates it from the mainland. Each village on the shore has its particular village on the other side of the lagoon, thus Alindja Badon is the interior commercial centre for Grand Jack on the beach, Abia for Anamaquoa, or Half Jack, and so on. Anamaquoa is only separated from its sister village by a little lagoon that is fordable, but the other towns have to communicate by means of canoes.