voyages as compared with but three ships of the company, and Royal African stock sold as low as 2-1/8 on the £100. A reorganization in 1712 however added largely to the company's funds, and the treaty of Utrecht brought it new prosperity. In 1730 at length Parliament relieved the separate traders of all dues, substituting a public grant of £10,000 a year toward the maintenance of the company's forts. For twenty years more the company, managed in the early thirties by James Oglethorpe, kept up the unequal contest until 1751 when it was dissolved.

The company régime under the several flags was particularly dominant on the coasts most esteemed in the seventeenth century; and in that century they reached a comity of their own on the basis of live and let live. The French were secured in the Senegal sphere of influence and the English on the Gambia, while on the Gold Coast the Dutch and English divided the trade between them. Here the two headquarters were in forts lying within sight of each other: El Mina of the Dutch, and Cape Coast Castle of the English. Each was commanded by a governor and garrisoned by a score or two of soldiers; and each with its outlying factories had a staff of perhaps a dozen factors, as many sub-factors, twice as many assistants, and a few bookkeepers and auditors, as well as a corps of white artisans and an abundance of native interpreters, boatmen, carriers and domestic servants. The Dutch and English stations alternated in a series east and west, often standing no further than a cannon-shot apart. Here and there one of them had acquired a slight domination which the other respected; but in the case of the Coromantees (or Fantyns) William Bosman, a Dutch company factor about 1700, wrote that both companies had "equal power, that is none at all. For when these people are inclined to it they shut up the passes so close that not one merchant can come from the inland country to trade with us; and sometimes, not content with this, they prevent the bringing of provisions to us till we have made peace with them." The tribe was in fact able to exact heavy tribute from both companies; and to stretch the treaty engagements at will to its own advantage.[5] Further eastward, on the densely populated Slave Coast, the factories were few and the trade virtually open to all comers. Here, as was common throughout Upper Guinea, the traits and the trading practices of adjacent tribes were likely to be in sharp contrast. The Popo (or Paw Paw) people, for example, were so notorious for cheating and thieving that few traders would go thither unless prepared to carry things with a strong hand. The Portuguese alone bore their grievances without retaliation, Bosman said, because their goods were too poor to find markets elsewhere.[6]But Fidah (Whydah), next door, was in Bosman's esteem the most agreeable of all places to trade in. The people were honest and polite, and the red-tape requirements definite and reasonable. A ship captain after paying for a license and buying the king's private stock of slaves at somewhat above the market price would have the news of his arrival spread afar, and at a given time the trade would be opened with prices fixed in advance and all the available slaves herded in an open field. There the captain or factor, with the aid of a surgeon, would select the young and healthy, who if the purchaser were the Dutch company were promptly branded to prevent their being confused in the crowd before being carried on shipboard. The Whydahs were so industrious in the trade, with such far reaching interior connections, that they could deliver a thousand slaves each month.[7]

[Footnote 5: Bosman's Guinea (London, 1705), reprinted in Pinkerton's Voyages, XVI, 363.]

[Footnote 6: Ibid., XVI, 474-476.]

[Footnote 7: Ibid., XVI, 489-491.]

Of the operations on the Gambia an intimate view may be had from the journal of Francis Moore, a factor of the Royal African Company from 1730 to 1735.[8] Here the Jolofs on the north and the Mandingoes on the south and west were divided into tribes or kingdoms fronting from five to twenty-five leagues on the river, while tributary villages of Arabic-speaking Foulahs were scattered among them. In addition there was a small independent population of mixed breed, with very slight European infusion but styling themselves Portuguese and using a "bastard language" known locally as Creole. Many of these last were busy in the slave trade. The Royal African headquarters, with a garrison of thirty men, were on an island in the river some thirty miles from its mouth, while its trading stations dotted the shores for many leagues upstream, for no native king was content without a factory near his "palace." The slaves bought were partly of local origin but were mostly brought from long distances inland. These came generally in strings or coffles of thirty or forty, tied with leather thongs about their necks and laden with burdens of ivory and corn on their heads. Mungo Park when exploring the hinterland of this coast in 1795-1797, traveling incidentally with a slave coffle on part of his journey, estimated that in the Niger Valley generally the slaves outnumbered the free by three to one.[9] But as Moore observed, the domestic slaves were rarely sold in the trade, mainly for fear it would cause their fellows to run away. When captured by their master's enemies however, they were likely to be sent to the coast, for they were seldom ransomed.

[Footnote 8: Francis Moore, Travels in Africa (London, 1738).]

[Footnote 9: Mungo Park, Travels in the Interior Districts of Africa (4th ed., London, 1800), pp. 287, 428.]

The diverse goods bartered for slaves were rated by units of value which varied in the several trade centers. On the Gold Coast it was a certain length of cowrie shells on a string; at Loango it was a "piece" which had the value of a common gun or of twenty pounds of iron; at Kakongo it was twelve- or fifteen-yard lengths of cotton cloth called "goods";[10] while on the Gambia it was a bar of iron, apparently about forty pounds in weight. But in the Gambia trade as Moore described it the unit or "bar" in rum, cloth and most other things became depreciated until in some commodities it was not above a shilling's value in English money. Iron itself, on the other hand, and crystal beads, brass pans and spreadeagle dollars appreciated in comparison. These accordingly became distinguished as the "heads of goods," and the inclusion of three or four units of them was required in the forty or fifty bars of miscellaneous goods making up the price of a prime slave.[11] In previous years grown slaves alone had brought standard prices; but in Moore's time a specially strong demand for boys and girls in the markets of Cadiz and Lisbon had raised the prices of these almost to a parity. All defects were of course discounted. Moore, for example, in buying a slave with several teeth missing made the seller abate a bar for each tooth. The company at one time forbade the purchase of slaves from the self-styled Portuguese because they ran the prices up; but the factors protested that these dealers would promptly carry their wares to the separate traders, and the prohibition was at once withdrawn.

[Footnote 10: The Abbé Proyart, History of Loango (1776), in Pinkerton's Voyages, XVI, 584-587.]

[Footnote 11: Francis Moore, Travels in Africa, p.45.]

The company and the separate traders faced different problems. The latter were less easily able to adjust their merchandise to the market. A Rhode Island captain, for instance, wrote his owners from Anamabo in 1736, "heare is 7 sails of us rume men, that we are ready to devour one another, for our case is desprit"; while four years afterward another wrote after trading at the same port, "I have repented a hundred times ye lying in of them dry goods", which he had carried in place of the