41

was however not opened tell Mr Kinder. had certified it to be ready, and, though

It Your Lordship is aware I have been obliged

Vide Governor to Sect of State No 185 of

to decline the prospect of coining for the Straits unless the loss resulting thereby be paid by some other party than Government. The fact is that one of these old delusions have become exposed by the light of experience.

Events have moved on, and Sir Hercules, who imagines that he is finding out arguments and suggestions, has really been left behind, looking from his old stand point at topics already discussed and disposed of, measures which there has been time to prove futile.

5.

I quite agree that the Mint was not open to the Public before it was really ready for operations. Avab however with Sir Hercules thrown

11 January 1867.

3 Governor to M166 G. Gov

I declared in Executive Council my belief that he and his Staff were not prepared for the work expected, I could not put my opinion against his in a matter so clearly within his peculiar Province. I submit however that all such points are irrelevant. If the Mint was not ready for opening last May it has long since been got into working order, whilst the seignorage charge has for many months been diminished to actually one half. Therefore it will not help the Mint to attribute its present inactivity to any temporary circumstances affecting its Condition more than ten months back.

6. I fear also, as explained already

8:3

Zate!

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