They appear to have been so pre-occupied with the affairs of their important Colony of Java and its dependencies, and the prolonged, exhausting and ruinously expensive war with the Achinese in Sumatra, that beyond posting Government Residents at some of the more important points, they have hitherto done nothing to attract European capital and enterprise to Borneo, but it would now seem that the example set by the British Company in the North is having its effect, and I hear of a Tobacco Planting Company and of a Coal Company being formed to operate on the East Coast of Dutch Borneo. The Spanish claim to North Borneo was a purely theoretical one, and not only their claim, but that also of the Sulus through whom they claimed, was vigorously disputed by the Sultans of Brunai, who denied that, as asserted by the Sulus, any portion of Borneo had been ceded to them by a former Sultan of Brunai, who had by their help defeated rival claimants and been seated on the throne. The Sulus, on their side, would own no allegiance to the Spaniards, with whom they had been more or less at war for almost three centuries, and their actual hold over any portion of North Borneo was of the slightest. Matters were in this position when Mr. ALFRED DENT, now Sir ALFRED DENT, K.C.M.G., fitted out an expedition, and in December, 1877, and January, 1878, obtained from the Sultans of Brunai and Sulu, in the manner hereafter detailed, the sovereign control over the North portion of Borneo, from the Kimanis river on the West to the Siboku river on the East, concessions which were confirmed by Her Majesty's Royal Charter in November, 1881. I have now traced, in brief outline, the political history of Borneo from the time when the country first became generally known to Europeans--in 1518--down to its final division between Great Britain and the Netherlands in 1881. If we can accept the statements of the earlier writers, Borneo was in its most prosperous stage before it became subjected to European influences, after which, owing to the mistaken and monopolising policy of the Commercial Companies then holding sway in the East, the trade and agriculture of this and other islands of the Malay Archipelago received a blow from which at any rate that of Borneo is only now recovering. By the terms of its Charter, the British North Borneo Company is prohibited from creating trade monopolies, and of its own accord it has decided not to engage itself in trading transactions at all, and as Raja BROOKE'S Government is similar to that of a British Crown Colony, and the Dutch Government no longer encourage monopolies, there is good ground for believing that the wrong done is being righted, and that a brighter page than ever is now being opened for Borneo and its natives.