Colony
the use
of the Crins Strick, I
cannot but feel that all that embarrassment
and its attendant expense might have
been avoided
if during the preliminary
discussion of the question it had
occurred to
any
m
to ask of the master
of
the Mint or other competent authority
how many dollars per day would be
required to be coined to
pay expenses
appointed that the
with a seigniorage of 2 per cent. It would then have been at once
proposed coining power of the mint would be insufficient to pay it's cost.. Its Establishment therefore would have been held to be unjustifiable.
Kadi
258 Abb
This appears to be
impartial
very
able
V
I have the honor to be,
Your Lordship's
Most Obedient Servant, Harked Samus Maxwell
Governor.
report on
the
364
progress & prospect, of the Mint but I fear it can
lead to one
Conclusion
only.
and that is that the Mint
is
likely to prove a very
Expensive failure
Coining of Dollars &c
The
for
The Straits Settlements must
may
perhaps take the scale
that earnest
but even
Undertaken
without
the
Aw
increased staff & additional
Machinery
Copy of this & the Treasurer the Parliament of the Mint & ought
whether not the Graham to be asked whether
the circumstances here stated it
Under
Would not be wise to postpone
the appt of the 2d Assayer.
Wa