company was formed in London, for the express purpose of penetrating
to the country of gold, and to Timbuctoo. Exaggeration stepped in to
inflame the minds of the speculators, with the enormous wealth which
awaited them in the interior of Africa. The roofs of the houses were
represented to be covered with plates of gold, that the bottoms of
the rivers glistened with the precious metal, and the mountains had
only to be excavated, to yield a profusion of the metallic treasure.
From the northern part of Africa, impediments of almost an
insuperable nature presented themselves, to the attainment of these
great advantages; immense deserts, as yet unexplored by human foot,
and the knowledge of the existence of tribes of barbarous people on
the borders of them, were in themselves sufficient to daunt the
spirit of adventure in those quarters, and ultimately drew the
attention to the discovery of another channel, by which the golden
treasures of Timbuctoo could be reached, without encountering the
appalling dangers of the deserts, or the murderous intentions of the
natives.

The existence of the great river Niger, had been established by the
concurrent testimony of all navigators, but of its course or origin,
not the slightest information had been received. The circumstance of
its waters flowing from the eastward, gave rise to the conjecture,
that they flowed through the interior of the continent, and emptied
themselves either by the Senegal or the Gambia, into the Atlantic. It
was, therefore, considered probable, that by ascending the Senegal or
the Gambia, which were supposed to be merely tributary streams of the
Niger, of which they formed the estuary, that Timbuctoo and the
country of gold might be reached; and so strongly was this opinion
impressed upon the minds of the merchants, and other adventurers,
that a journey to Timbuctoo became the leading project of the day,