the French coinage, should be adopted, this change involved the necessity for a very intricate and costly additions to the coming presses lefened a to, and it was thought desirable as Messrs Waterlow declined to give an estimate for the change (as the machinery, when not originally designed for the proposed purpose) to confine these alterations to one only, of the four presses now being constructed.
I now request to be placed in the position to determine whether it be necessary to alter the remaining three presses, or originally intended to complete them as intended.
The system of the split Collar {s 430 "collars" for forming letter within the cage of rapidity renders the renewals of parts more costly, and the operation is attended with far greater difficulty, than that of producing the milled edge; and it becomes a question how far it is prudent to introduce additional complications where we shall be dependent on unskilled labor.
I should further observe that the milling is produced with greatest accuracy at mathematical precision in the division of the spaces, any deviation being capable of ready detection, and it is doubtful whether greater security would be obtained by the adoption of a legend.
I have the honor to be Your most obedient servant The Master of the Mint of Hong Kong.