More than £10,000, or £15,000, in addition to the £2,000 already spent on this project.
And lastly, the establishment of a Mint, including the plant and machinery, for which, judging by the cost of the Sydney Mint, would probably come to £18,000, exclusive of building, which would perhaps amount at the last to £10,000 more.
Some expenses are unavoidable and must be met, but the establishment of a Mint might be postponed if necessary to a more urgent claim. However, it would be, I consider, injudicious, looking even at the interest of the Imperial Government alone, for the annual saving which the Mint will effect to the Imperial Exchequer - the item of loss by exchange will probably for some time be the largest contribution.