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aper correspondence on the burning Armenian Question, I have seen allusion made to the poor physique of the Armenian people; but as far as my observation goes in Persia, Russian Armenia, and the Caucasus, there is no marked difference between them and the local races, and on the railway between Baku and Tiflis Armenian porters of powerful form are common, where contract labour rates attract men stronger than their fellows. Though much of the wealth which has come out of the Baku oil-fields has been carried away by foreign capitalists, yet much remains with the inhabitants, and the investment of this has promoted trade in the Caspian provinces, and multiplied the shipping. There are now between one hundred and eighty and two hundred steamers on the Caspian, besides a large number of sailing craft of considerable size, in which German and Swedish, as well as Armenian and Tartar-Persian, capital is employed. The Volga Steam Navigation Company is divided into two companies--one for the river, and the other for the Caspian. The latter owns six large steamers, with cargo capacity of from sixty to eighty thousand poods, liquid measurement, for oil-tank purposes, equalling nine hundred to twelve hundred tons. They have German under-officers, and Russian captains. It is likely that the German officers come from the German colonies on the Volga, and probably some of the capital also comes from that quarter. This Volga Steam Navigation Company was established over fifty years ago by a Scotchman, named Anderson, and some of the vessels first built are still used on the river as cargo-boats. Many of the best steamers on the Caspian are officered by Swedes and Finns, most of whom speak English, acquired whilst serving in English ships sailing to all parts of the globe. The Mercury Company, which runs the superior steamers and carries the mails on the Caspian, has Swedish and Finn officers, but it is said that they are now to be replaced by Russian naval officers as vacancies occur. This company's vessels are well appointed, have good cabins, and are fitted with the electric light. But the best of Caspian mail-boats are most uncomfortable in rough weather for all but those whom no motion whatever can affect. Owing to the shoal water on all the coast circumference of this sea, the big boats are necessarily keelless, and may be described as but great barges with engines, and when at anchor in a rolling sea their movement is terribly
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