These two staples, that is, sugar and coffee, are the chief staples produced by us; and having referred to them, I need not detain you by any special reference to cocoa, cotton, and other articles which have not as yet entered largely into the calculations and efforts of our farmers as sources of gain.
Take the item of Trade. All along the coast and in the interior, from Sherbro River to Cape Lahou, our merchants have set up their trading factories among the natives. This trade is a trade in Camwood, Ivory, Gold, Country Cloths, and especially in Palm Oil. In order to carry on this trade our citizens need the service, coastwise, of sloops and schooners, and those whose ambition has stretched beyond the home trade, have bought for themselves brigs and barks for foreign trade. And thus the merchants of Liberia are owners of quite a respectable commercial fleet. The number of vessels, small and large, owned by Liberia, and engaged in trade, is forty.
What the correct statement is of exports and imports, I can only say proximately. The imports at the single port of Monrovia, for the year 1860, amounted to near $150,000; but as there are five other ports in the Republic, and two of them of great importance, that is, with respect to native trade, I have no doubt that our imports exceeded $300,000. I am happy to say that our exports exceed our imports; we are factors and producers over and above our consumption of foreign products; and thus we are enabled to show signs of thrift and progress, and indicate increasing wealth. The report of exports from the port of Monrovia is about $192,000 in 1860,
