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really an association of African merchants, desire its downfall; yet they all perfectly well know, though they do not choose to advertise the fact, that three months Crown Colony form of government in the Niger territories will bring war, far greater and more destructive than any war we have yet had in West Africa, and will end in the formation of a debt far greater than any debt we now have in West Africa, because of the greater extent of territory and the greater power of the native States, now living peacefully enough under England, but not under England as misrepresented by the Crown Colony system. I am not saying that Chartered Companies are good; I am only saying they are better than the Crown Colony plan; and that if the Crown Colony system is substituted for the Chartered Company, which is directly a trading company, England will have to pay a very heavy bill. There would be, of course, a temporary spurt in trade, but it would be a flash in the pan, and in the end, an end that would come in a few years' time, the British taxpayer would be cursing West Africa at large, and the Niger territories in particular. Personally, I entirely fail to see why England should be tied to either of these plans, the Crown Colony or the Chartered Company, for governing tropical regions. Have we quite run out of constructive ability in Statecraft? Is it not possible to formulate some new plan to mark the age of Victoria?