| |
| | Hirst, Free Trade and Other Fundamental Doctrines of the Manchester School, Part IV, Essay 2: Library of Economics and ... |
 | | Colonies are supposed to be useful either for political or commercial purposes, and with reference to these objects they should be divided into two classes, which should be considered separately; first, military stations, acquired chiefly for political purposes; secondly, colonies, properly so-called, supposed to be of value chiefly for commercial objects. |
 | | However, the governor at once hastened to the frontier; by his orders Kaffirland was invaded; but every arrangement was so ill made that our troops were repulsed; twice our baggage-waggons were cut off; and the victorious Kaffirs, in their turn, invaded the colony. |
 | | In 1842 the free population of that colony amounted to 37,000, and on the average of the four years ending with 1844, the expenditure, exclusive of immigration, was £161,000, or at the enormous rate of £4 6s. |
| www.econlib.org /library/YPDBooks/Hirst/hrstMS23.html (11852 words) |
|