Skip to content
  • FR
FR
  • About us
    Building, illuminated glass towers on either side of an old, square, stone building.

    About us

    We're here to help you understand what the Bank of Canada does and how it matters to you.

    About the Bank of Canada

    Find out what the Bank does, who runs the Bank and how it is separate from the political process.

    Connect with us

    We’d love to hear from you! Contact us by email, phone or mail—or join us on social media.

  • Visit

    Visit

    • Plan your visit
    • Group visits
    • Accessibility and special needs
    • Code of conduct
    • Health and safety

    Sensory Sundays

    We’re turning down the lights and the volume for our sensory-sensitive visitors—explore the Museum using more than eyes and ears.

    Connect with us

    We’d love to hear from you! Contact us by email, phone or mail—or join us on social media.

  • Explore

    Exhibitions

    • Permanent exhibition
    • Special exhibitions
    • Travelling exhibitions
    • Past exhibitions

    Blog

    Collection

    • About the Collection
    • Collection Services
    • Canadian Bank Notes Series
    • Search the Collection

    Speculating on the piggy bank

    Ever since the first currencies allowed us to store value, we’ve needed a special place to store those shekels, drachmae and pennies. And the piggy bank—whether in pig form or not—has nearly always been there.

  • Learn

    Learn

    • Activities and games
    • Education blog
    • External resources
    • Lesson plans
    • School programs
    • Video discussion guides
    • Upcoming webinars

    Entrepreneurship: Kids edition

    Learn from the experiences of successful young entrepreneurs, then create your own business model and pitch your business.

    You are the economy

    A set of six lessons to explore economics with your students.

  • Home
  • The Museum Blog

Boer War Siege Money

By: Graham Iddon


January 24, 2019
Share this page on Facebook
Share this page on Facebook
Share this page on X
Share this page on X
Share this page on LinkedIn
Share this page on LinkedIn
Share this page on Google Classroom Created with Sketch.
Share this page on Google Classroom
Share this page by email
Share this page by email

Or Col. Baden-Powell does his best

Colonel Robert Stephenson Smyth Baden-Powell was a British Army officer who commanded troops stationed in the South African town of Mafeking (now Mahinkeng) during the Second Boer War, also known as the South African War. From October 1899 to May 1900, the town was surrounded by a force of Boer (Dutch South African) fighters. Soldiers, men, women and children would endure a 217-day siege with food rationing and regular risks to life and limb. Under martial law, the 5,500 Mafeking civilians were kept to a strict, semi-military agenda—no one was exempt. Even the children played a role, the boys carrying messages between officers in the town. The conditions were harsh and Mafeking was bombarded daily—except on Sundays. The Boers were strict observers of the Sabbath.

As in any siege, Mafeking quickly began to run short of most things, not the least of which was currency. People generally hang onto their coins during sieges (called hoarding). With so little cash in circulation, Baden-Powell had resorted to issuing emergency paper money in the new year. The notes were even legally supported. The local army paymaster, Captain H. Greener, wrote £5,228 in cheques to the Standard Bank of South Africa, backing every issue of notes. Once there was a return to civil law, this siege money could then be exchanged for cash at the Standard Bank, where funds would already be in place.

1-shilling voucher from the Siege of Mafeking

“Issued by the authority of Colonel R.S.S. Baden-Powell…And will be exchanged for coin at the MAFEKING BRANCH of the STANDARD BANK on the resumption of Civil Law.” 1-shilling siege note, Mafeking, South Africa, 1900

a 10-shilling note with a hand-made woodcut print of soldiers and field guns

Some of the printing may have been done under heavy bombardment, which might explain the spelling mistakes on certain notes. The “d” is missing from “Commanding” in the bottom right of this note. 10-shilling siege note, Mafeking, South Africa, 1900

Five denominations of notes were printed by Townsend & Son in an underground space nicknamed “the Mafeking Mint.” The one-, two- and three-shilling notes were simply coupons for use in canteens that distributed rations of rough oat bread and horse meat.

Baden-Powell took a personal interest in the 10-shilling and one-pound notes. He drew the design of the one-pound note onto the head of a croquet mallet. A craftsman then carved the design into the wood. Dissatisfied with the results, Baden-Powell used the croquet mallet woodcut to print the 10-shilling notes and drew a far more detailed (and amazingly competent) image that was photographically reproduced for the one-pound notes.

a one-pound note in blue showing soldiers, a woman and a cannon with a Union Jack overhead

The Baden-Powell drawing on this note shows the cannon “Wolf” that soldiers built from an old steel pipe. 1-pound siege note, Mafeking, South Africa, 1900

The notes successfully circulated throughout the siege. But, afterward, a curious thing happened: almost nobody cashed them in. Edward Ross, Mafeking’s auctioneer, predicted, “I am sure they will be worth much more than face value as curios after the siege…” And so they were. Only a mere £638 worth were ever redeemed at the Standard Bank, leaving a whopping £4,590 on credit. In today’s money, that is nearly $800,000. This expensive loose end would dog Baden-Powell until it became an issue in the House of Commons. The Standard Bank eventually repaid the money to the army paymaster in 1910.

The upstanding and ever-resourceful Baden-Powell was praised for his imaginative tactics in holding off the enemy during the siege. Under his command, the people of Mafeking survived with only modest casualties until British soldiers arrived in the spring of 1900 to drive out the Boers. At home, Baden-Powell became a national hero for his actions, romanticized by an adoring press. However, it has since been debated whether he needed to hold out for so long or whether his defiant stand was even necessary. Military authorities of the day were not pleased that he had made no attempt to break out of Mafeking. Though he was a gifted and inspired leader, attack did not appear to be Baden-Powell’s forte. In a later battle, he again allowed himself to be besieged and the army quietly withdrew him from active service.

While in Africa, Baden-Powell wrote a training book on military reconnaissance and scouting (Aids to Scouting) that became a bestseller in Britain. In 1908 he wrote a similar book called Scouting for Boys that was said to be inspired by the role young boys played in the siege. In England, he organized big camping adventures to test his ideas of applying military scouting and woodcraft practices to youth training—and the Boy Scouts was born. Nearly simultaneously, Baden-Powell, his wife and his sister also launched the Girl Scouts. Baden-Powell’s theories of “good citizenship through woodcraft” spread around the world. The various editions of his book sold more than 100 million copies worldwide. And Baden-Powell became a legend.

early colour photo, 3 boy scouts in front of Parliament

Boy Scouts from Newfoundland visit their new national seat of government during an Ottawa jamboree in 1949. A. Beaver, Library and Archives Canada, e010948819

We want to hear from you! Do you have an idea for a blog post you’d like to see?
Content type(s): Blog posts

Subscribe to The Museum Blog
The Museum Blog

October 18, 2022

Positive notes

By: Krista Broeckx


The imagery on the Bank of Canada’s 1935 note series depicts the country’s rich industrial history.
Content type(s): Blog posts
June 16, 2022

Army bills: Funding the War of 1812

By: David Bergeron, Graham Iddon


In 1812, British North America had no banks and little currency. With the prospect of war drying up supplies of coins, the government of Lower Canada decided to issue legal tender notes called “army bills” to pay for troops and supplies.
Content type(s): Blog posts Subject(s): Economics, History
May 5, 2022

Between tradition and technology

By: Graham Iddon


Collage, man at an easel, paintings of birds and a goose illustration with comments written on it.
What was proposed was a complete about-face from the philosophy behind recent security printing. If photocopiers could easily deal with the colours and designs of the current series, then the next series should be bold and simple.
Content type(s): Blog posts
April 21, 2022

Teaching the green economy

By: Adam Young


From windmills and solar panels to electric cars, signs of the green economy are all around us. Check out our resources for how to teach about the green economy.
Content type(s): Blog posts Subject(s): Business, Economics, Geography, Science, Social studies Grade level(s): Grade 07 / Secondary 1, Grade 08 / Secondary 2, Grade 09 / Secondary 3, Grade 10 / Secondary 4, Grades 11 and 12 / Secondary 5
April 4, 2022

Talk to your kids about money

By: Heather Montgomery


Collage, ceramic pig on background of a bank book and a stamp folder with kids on it.
Introduce important financial skills to your children, and help them plan for their futures with free resources from the Bank of Canada Museum and others.
Content type(s): Blog posts Subject(s): Financial literacy Grade level(s): Early childhood / Kindergarten, Grade 01, Grade 02, Grade 03, Grade 04, Grade 05, Grade 06, Grade 07 / Secondary 1, Grade 08 / Secondary 2, Grade 09 / Secondary 3, Grade 10 / Secondary 4, Grades 11 and 12 / Secondary 5
March 3, 2022

Teaching inflation during the COVID-19 pandemic

By: Heather Montgomery


COVID-19 has had an unprecedented effect on the economy: closing businesses, driving down demand and interrupting supplies. With news stories and popular culture addressing inflation and supply chain issues, now is the perfect time to explain this key economic concept to your high school students.
Content type(s): Blog posts Subject(s): Economics Grade level(s): Grade 09 / Secondary 3, Grade 10 / Secondary 4, Grades 11 and 12 / Secondary 5
February 3, 2022

Queen of the bank notes

By: Graham Iddon


Few of us have ever met her, and it’s likely none of us are even remotely related to her. Yet, Canadians have carried her picture in their wallets for generations now. She’s Queen Elizabeth II and has been our monarch for over 70 years.
Content type(s): Blog posts
December 22, 2021

New acquisitions–2021 edition

By: David Bergeron


The Bank of Canada Museum is responsible for the National Currency Collection, and part of its mandate is to foster and develop that collection. Despite the challenges of collecting during a pandemic, curators at the Bank of Canada Museum have acquired some unique artifacts—including some that document the pandemic itself.
Content type(s): Blog posts
December 2, 2021

The true value of money

By: Graham Iddon


Photo collage, old bank notes and coins, gold nuggets and a computer component.
What is money—when you really stop to think about it? To understand how money works, and what it ultimately represents, we need to strip it down to its very basic function.
Content type(s): Blog posts Subject(s): Economics Grade level(s): Grade 07 / Secondary 1, Grade 08 / Secondary 2, Grade 09 / Secondary 3, Grade 10 / Secondary 4, Grades 11 and 12 / Secondary 5
November 16, 2021

The 1911 silver dollar

By: David Bergeron


In front of a set of coins in a case, two coins, one lead, one silver, each with identical wreaths of maple leaves.
The 1911 silver dollar has a history to match its prestige, and it now has a permanent home in the National Currency Collection of the Bank of Canada Museum.
Content type(s): Blog posts
  • « Previous
  • 1
  • 2
  • 3
  • 4
  • 5
  • 17
  • Next »
Go To Page

30 Bank Street
Ottawa, ON
K1A 0G9, CANADA
613‑782‑8914

  • Things to do

  • Plan your visit
  • Find educational resources
  • Search the Collection
  • Connect with us
  • Things to see

  • Canadian bank notes
  • Exhibitions
  • Blog
  • Videos
  • Things to know

  • Accessibility and special needs
  • Careers
  • Code of conduct
  • Health and safety
  • Privacy
  • Social media
●●
Bank of Canada Museum

Visit the Bank of Canada web site ›

We use cookies to help us keep improving this website.

Accept and continue