Considerations on the State of the Colonial Currency and Foreign Exchanges at the Cape of Good Hope: Comprehending Also Some Statements Relative to the Population, Agriculture, Commerce, and Statistics of the Colony

Peter Warden Grant

ISBN 10: 0461729644 / ISBN 13: 9780461729641

Published by HardPress Ltd, 2020

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Seller Inventory # B9780461729641

Bibliographic Details

• Title: Considerations on the State of the Colonial Currency and Foreign Exchanges at the Cape of Good Hope: Comprehending Also Some Statements Relative to the Population, Agriculture, Commerce, and Statistics of the Colony
• Publisher: HardPress Ltd
• Publication Date: 2020
• Language: English
• ISBN 10: 0461729644
• ISBN 13: 9780461729641
• Binding: Paperback / softback
• Condition: New
• Weight: 526 grams

About this title

Synopsis

Considerations On The State Of The Colonial Currency And Foreign Exchanges At The Cape Of Good Hope: Comprehending Also Some Statements Relative To The Population, Agriculture, Commerce, And Statistics Of The Colony by Lieutenant P. Warden Grant is an 1825 economic study presenting a detailed analysis of the Cape Colony’s currency and its exchanges with England. Grant argues that depreciation of the colonial currency arose from over-issuance by government and banking, challenging contemporaries who attributed shifts to imports or balance-of-payments alone. The work systematically links the quantity of circulating money to the ability to perform internal exchanges, explaining how a depreciated currency affects prices, wages, and trade. It traverses sections on causes of depreciation, the exchange with England, population and revenue, agriculture and wine production, and the banking system, including the Lombard Bank and government loans. Grant advocates reforms—reducing currency, reworking banking, or issuing debt instruments—while stressing the need for reliable records. Using data from 1806–1824, the text argues depreciation was real and that corrective measures were essential for the colony’s prosperity and financial health.