SOUTHERN AFRICA. 173 
Shortly after the capture of the Cape, General Ci'ai<:^, finding 
It impoffible to raife, upon bills, a fufficient fuin of paper cur- 
rency to defray the extiaordinaries of the army, was reduced 
to the bold meafure of flaniping a nev/ paj^er ilfue, on the cre- 
dit of the Britifh government, to the amount of fifty thoufand 
pounds ; a fum that was never redeemed from circulation, nor 
brought to any account, until the final reftoration of the colony. 
So that the intereft of this fura for feven years produced a fur- 
ther profit to government of 17,500/. 
By taking thefe fums together, namely, 
Profit on bills drawn - 115,719 3 i 
on fpecle imported - 16,224 ^3 3 
■ ■ ■■ on copper money - 4,000 o o 
on paper money circulated- 17,300 o o 
We have £, 153,443 16 4 
which may be confidered as a clear gain to the government, 
(independent of the faving on each ration) and, confequently, 
a leifening of the expenditure that was occafioned at the Cape 
of Good Hope. 
As this expenditure has been ftated to be fo enormous, as more 
than to counterbalance the advantages refulting from the pof- 
feffion of the fettlement, and we have already leen how im- 
portant thefe advantages are, when confidered in only one 
point of view, it may not be amifs to point out, in as corredl a 
manner as the nature of the fubje<^ will admit, the exad fum 
expended 
