Just before the British occupied the Cape in 1795, Johannes Frederik Kirsten wrote a letter to the British government. 'By far the greater part of the Farmers and the Inhabitants of the Town,' he explained, 'are Bankrupt. The rest have their property under Sequester, and every individual looks forward to impending ruin’. In his view, ‘the Farmer’ was ‘in every aspect a looser [sic], and had nothing to look forward to but unavoidable poverty'.
Time travelling with credit markets
Time travelling with credit markets
Time travelling with credit markets
Just before the British occupied the Cape in 1795, Johannes Frederik Kirsten wrote a letter to the British government. 'By far the greater part of the Farmers and the Inhabitants of the Town,' he explained, 'are Bankrupt. The rest have their property under Sequester, and every individual looks forward to impending ruin’. In his view, ‘the Farmer’ was ‘in every aspect a looser [sic], and had nothing to look forward to but unavoidable poverty'.