CO129-112 - Acting Governor Mercer - 1866 [3-4] — Page 175

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of

those

years will the Colony

have been subjected to the theavy additional expenses entailed by the Mint Establishment, and the Military contribution Amounting together to $150,000 per annum, and if those additional

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173

therefore that if the Mint does not

prove something more than merely successful,

This Colony is fast

verging to a point when there will neither be eash in the nor available funds

the Crown Agent.

Treasury

the hars

F

had been

expenses Sinstead

F

two

years

going on for four

and the

9.

Mint during that time had remained unprofitable. the Colony would have spent $700,000 more than it's Revenue and at the end of the current

in debt $245,000

8.

year

be

do is unquestionable

however of

There is no

of our being

in

probability

soon enabled

to decide whether the Mint will

add much to the Revenue, because

16 do is questionable whether it will be safe to open the Mint without a European Guard_ whore

Barracks are

only

now commenced.

and quits it is doubtful how far