ABSTRACT

The appreciation of wealth figures prominently in the educational conceptions of the people. Young boys of 8 or 10, when they are given a separate buca plot to farm, are at the same time taught the value of money income and money capital. Another method of accumulating capital is the investment in interest-bearing enterprises. Farm produce or gifts in kind in general cannot fully replace money expenditure. Besides the pawning of human pledges, ordinary pawning—pawning of valuable goods—also occurs. As slavery reflects the insecurity of the political rights of the conquered subjects of Nupe kingdom, pawning reflects the economic insecurity under which a large proportion of the population of the Emirate lives. Another difference between pawning and slavery is the amount of money involved. The nature of the enterprise varies with local conditions, and differs above all in town and country.