Sudan Archive

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160 (No. 98 ECONOMIC CONDITIONS whereas it had never before the war exceeded £E . 3,000,000 .

At Gambela the Maria Theresa dollar is in use . It is430 grains in'weight, and isof the same value as the Menelik dollar (about two shillings). Itsvalue, how ever, changes according to the price of silver. The Menelik dollar, which is likewise current, is coined at the capital, Addis Abbaba, in the Abyssinian Govern ment mint, as is also the piastre, which is in much demand in small trading . Bars of salt are still used as a medium of exchange, and even blank cartridges are used as small specie.

A proclamation dated April 11 , 1918, prohibits until furthernotice the import of gold into the Sudan in the form of coin or ingots, except under licence from the Financial Secretary of the Sudan Government, or his authorised representative .

(3) Banking The chief banks with British connections are the National Bank of Egypt and the Anglo -Egyptian Bank, which conduct all the ordinary business of banking . At Gore ( Abyssinia ), the market-place for the trade which has its outlet at Gambela, down the Sobat to the Nile, there is an agency of the Bank of Abyssinia . This bank is chartered under the Egyptian laws, with a capital of £500,000, one-fourth ofwhich is paid up .

It is controlled by the National Bank of Egypt.

(E) GENERAL REMARKS Considering that the total value of the trade in the Anglo -Egyptian Sudan amounted in 1916 to close on £3,500,000, it is difficult to realise that only sixteen years before that date the whole country was in a state of barbarism and anarchy, with practically no internal trade, except in slaves, and with no external commerce whatsoever. This change has been brought about with out excitement and almost without remark .

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