4i8 
TRAVELS IN 
The operation of fuch a loan, from the Government to the 
fubjedl, fo much the reverfe of what generally takes place in 
other ftates, might be fuppofed to produce on the mind& of the 
people a difpofition of ill-will towards the Government ; which, 
indeed, was affigned as one of the motives to fhake off their de- 
pendence, and thus free themfelves at once from a load of debt 
by the deftrudion of the creditor. Thefe fhort-fighted people 
did not refled: that the whole amount of paper money ilTued 
through the bank was not half the amount of paper currency in 
circulation ; that a much greater fum, of the fame fabric, but 
made on a different occafion, had been borrowed by Govern- 
ment from the inhabitants, for which the only fecurity was it& 
credit and ftability. The confequence of Suffrein's vilit to the 
Cape, and the expences of throwing up the lines, and putting 
the works in repair, obliged the Dutch to borrow plate and 
filver money from the inhabitants for the exigencies of Govern- 
ment, which was promifed to be repaid on the arrival of the 
ihips then expeded from Holland j and, in the mean time,, 
ftamped paper, in pieces bearing different values, was given and 
thrown into circulation, none of which has ever been redeemed 
by fpeeie, nor, in all human probability, ever will. The ba- 
lance of the paper lent by Government, and of the money bor- 
rowed from the people, is about 240,000 rix dollars in favour 
of the latter, fo that they would gain little by deftroying the 
credit of Government* 
13. The duty arifing from flamped paper was early intro- 
duced, but limited to fuch public writings as were iffued from 
the offices of the Secretary of Government and of the Court of 
Juftice; 
