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Do you agree.
But before this proposal can be entertained, the cost of such a Dollar must be accurately ascertained. Lord Carnarvon will observe that the facts reported by Sir Fremantle are unfavourable to the scheme at The Mint.
United States one half of one per cent of the change is for the carriage of silver— to only Cent. that it is difficult to suppose this seignorage can cover the cost of coinage, but without further information, My Lords can form no opinion upon which ground a change has been adopted. It is evident in these circumstances that a dollar coined in England, or indeed in Calcutta, must cost more than dollars purchased in the open market, and it is also evident that the difference must be borne...
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