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Show American Enterprise in Africa, The example cf the United States in recoguiiing the fUif of the International Association, now tho Independent State of Congo, was followed by all tho powers pow-ers of Europe, and under this name, with the assont of the Belgian government, govern-ment, it entered into the family of nations, na-tions, and its illustrious founder is carrying car-rying on effectively a model government in the interests of civilization and freedom. free-dom. Several Belgian companies have been organized and are developing its resources, the principal one of which is a railroad company with f 5,000,000 capital, cap-ital, now engaged in building a railroad around tho cataracts, a distance of about 2G0 miles, from Matadi to Stanley Pool. As the American flag, borne by Stanley, Stan-ley, was tho iin;t ono displayed to the natives in his voyage of exploration down that river, so the American flag was the first displayed on the waters of tho Upper Congo, leading the vanguard of commerce. The Sanford exploring expedition, organized the 28th of June, 18tj0, launched the Florida, tlw first com-m'erchd com-m'erchd steamer on the waters of tbe Congo, after a year of laborious effort in transporting it, mostly in sixty pound parcels, on the heads of some two thousand thou-sand porters. This was followed by the little steamer New York, and at the expiration ex-piration of its term of two and a half years was taken over by the "Belgian Company of Commerce on the Upper Congo." On the llth of July, 1887, was formed the Belgian Company of Commerce Com-merce and Industry, which is the parent, so to say, of the five or six Belgian Congo companies, all successfully working work-ing there. To Show the growing popularity popu-larity of Congo enterprises, held in such disfavor when the Sanford exploring expedition ex-pedition was formed that only one-third of its little capital of a0O,0OO francs could be obtained from Belgians, it may be stated that at a recent increase of capi- j tal of the Haut Congo company to 3,000,-000 3,000,-000 francs the public subscription waj covered innefold. Col. Henry Sauford in Furoin. , ' |
