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Then Jackson brings out the main issue, the rivalry with France over the prizes: The French, as it were, have taken the staff out of our hands; and whilst we are in vain endeavouring to abolish the trade in slaves, by the capture of slave-ships at sea, they are insidiously cultivating the growth of cotton, coffee, sugar, indigo, and other colonial produce, on the banks of the Senegal river; insomuch that if we shall continue thus supinely to disregard their important African agricultural operations, the result in a few years will probably be, that they will be able to undersell us in West-India produce, in the markets of continental Europe; for they can cultivate, with free negroes at Senegal, colonial produce at considerably less expense than our West-India cultivation. The voyage, also, is not half the distance; so that the continental market for the sale of West-India produce will be shortly supplied from Senegal, from whence it is more than probable that colonial produce will be imported to Europe at little more than half the expense of importing it from the West Indies: thus Great Britain may be driven out of the market for colonial produce, except for what may be sufficient for her own domestic supply.
This has been a favourite scheme of the French, who have now begun to taste the fruits of it: they have had it in view and in operation ever since we gave them possession of Senegal. It was the system of her late Emperor, Bonaparte, suggested to him by the arch and brilliant genius of Talleyrand, to indemnify the loss of St. Domingo.613
And he adds and concludes:
Moreover, the French, who are cultivating the territory of Senegal with indefatigable industry, will be, in a few years, not only able to supply the continental markets of Europe with colonial produce, but they will become masters of North Africa, establish another Ceuta at the African promontory of the Cape de Verd, and, in the event of a war, annoy incalculably our EastIndia trade, and enhance the price of East-India produce in the British dominions; whilst they will, by the aid of the Americans, who will be always ready to assist them, form a depot for East-India goods at the Cape de Verd, and from thence introduce them into Africa and France, to the almost total exclusion of Great Britain.
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S.E al Djazairi Salah E (French Colonisation of Algeria: 1830-1962, Myths, Lies, and Historians, Volume 1)