MWE:
Code: Select all
\documentclass{article}
\usepackage{graphicx}
\usepackage{lipsum}
\begin{document}
\lipsum[2]
\begin{figure}[!ht]
\centering
\fbox{\includegraphics[height=2in]{authors-quill}}
\caption{Compare the space below here...}
\end{figure}
\lipsum[1]
Figure code is between these two paragraphs.
\begin{figure}[!ht]
\centering
\fbox{\includegraphics[height=2in]{authors-quill}}
\caption{to the space below here.}
\end{figure}
\lipsum[5-6]
\end{document}