Note 180 — Chapter VII

Some writers have said, that there are gold mines in the neighbourhood of Mina, on the Gold Coast; others, that the gold is rolled down by the rivers to that neighbourhood. Both may be true.

It is difficult to conceive any other adequate cause, than the exchange of the gold of the inland countries, for the introduction of so vast a quantity of kowry shells, which are carried from Europe to the Coast of Guinea, and pass for small money in the countries along the Niger, from Bambara to Kassina, both inclusive.

I am informed from authority, that about 100 tons of kowries are annually shipped from England alone, to Guinea. These are originally imported from the Maldive islands into Bengal; and from Bengal into England. In Bengal, 2400, more or less, are equal to a shilling: and yet notwithstanding the incredible smallness of the denomination, some article in the market may be purchased for a single kowry. But in the inland parts of Africa, they are about ten times as dear; varying from 220 to 280. Mr. Beaufoy was told that in Kassina, they were at the rate of about 250: and Mr. Park reports, that they are about the same price at Sego: but cheaper at Tombuctoo, which is about the centre of the kowry country; dearer towards Manding, which is the western extremity of it. Hence they are probably carried in the first instance to Tombuctoo, the gold market: and thence distributed to the east and west. Their circulation seems to be confined between Bornou and Manding. In Bournou they have a coinage of base metal.