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THIS is a reprint of a paper read by Mr. Morel before the Geographical Section of the British Association. The two policies referred to in his title are those of trade and coercion, and they are very fully discussed from the economic standpoint. He has shown very conclusively that the coercive system, as practised by the Congo State and, in a modified form, advocated in some quarters among ourselves, is not only morally wrong, but short-sighted and foolish. " Honesty is the best policy" is, nodoi:10.1093/oxfordjournals.afraf.a093941 fatcat:2kxv5zq76rfqzdpc3pwbiv4a3i