436

profit is made on this coinage.

4. But it is necssary first to know ap-

proximately the cost of a mint and its establishment capable of turning out $125 per day, and 3,000,000

pieces of Subsid-

iary coin per fortnight. Nine-tenths of the subsidiary coin

is 10 cent pieces, and one stamp would be necessary for sup- plying bronze coins. I shall be glad if information as to

the cost of such a Mint can be procured.

I have the honour to be,

Sir.

Your most obedient,

Humble servant,

Henry Arshake

GOVERNOR, &C.、

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