
The Imperial Balance Sheet – Part 4: The Grammar of Extraction — Two Colonies
·1926 words·10 mins
In 1931, the British Protectorate of Basutoland — a landlocked territory in southern Africa, population approximately 570,000 — raised £125,665 in Native Tax. Its colonial administration cost more than that to run. The colony ran a fiscal deficit that the British Treasury quietly subsidized. This is not an anomaly. It is an exhibit in the cost-benefit analysis of empire — one of many peripheral territories that never appeared in the rhetoric of imperial profit but appeared every year in the accounts.

