Imperialism, A Study

no serious attempt to regard them as satisfactory business assets is possible. [17] Egypt alone yields a trade of some magnitude; of the other possessions, three only – Lagos, Niger Coast Protectorate, and North Borneo – are proved to do a trade with Great Britain exceeding one million pounds in value. In fact, excluding Egypt, the whole volume of this trade, so far as it is officially recorded, does not amount to ten million pounds; and though the actual trade is doubtless in excess of this sum, it forms an infinitesimal addition to the commercial resources