CO129-115 - Sir MacDonnell - 1866 [9-10] — Page 239

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed

3

238

coining powers of

the Mint and

the probability that, if at an

earlier period the nicety of

a sufficient number

coining

Dollars daily to

pay

its

expenses

by a seignorage of 2 per cent

had been more

fully considered

the mint

the establishment of would have been held to be unjustifiable.

2.

I would have

More

because,

even

if

a constant flow of

there had been bullion to

the Mint, the latter could not have got through sufficient to

of

pay

its

3

clearly expressed my meaning by saying that the establishment

of

the mint with "its present inadequate machinery" would have been seem to be unjustifiable.

expenses.

I was very

desirous

work

however of reinvestigating that

point, because a

increase

sufficient

mere mechanical

power would seem to be at "all times attainable" - I therefore visited the mint to institute

further enquiry in the early part of September and to examine new French Plant, which appears to be better adapted to

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3 238 coining powers of the Mint and the probability that, if at an earlier period the nicety of a sufficient number coining Dollars daily to pay its expenses by a seignorage of 2 per cent had been more fully considered the mint the establishment of would have been held to be unjustifiable. 2. I would have More because, even if a constant flow of there had been bullion to the Mint, the latter could not have got through sufficient to of pay its 3 clearly expressed my meaning by saying that the establishment of the mint with "its present inadequate machinery" would have been seem to be unjustifiable. expenses. I was very desirous work however of reinvestigating that point, because a increase sufficient mere mechanical power would seem to be at "all times attainable" - I therefore visited the mint to institute further enquiry in the early part of September and to examine new French Plant, which appears to be better adapted to
Baseline (Original)
3 238 coining powers of the Mink and the probability that, if at an earlier period the nicepity of a sufficient number coining Dollars daily to pay its expenses by a seignange of 2 per cent had been more дере fully considered the mint the establisment of would have been held to be unjustifiable. 2. I would have More because, even if a constant flow of there had been bullion to the Mink, the latter could not have got through sufficient to of pay its 3 clearly expressed my meaning by saying that the establishment of the mint with "its present inadequate machinery " would have been seem to be unjustifiable. expenses. I was very desirous work however of reinvestigating that point, because a increase sufficient mere mechanical power would seem to be at "all times attainable - I therefore visited the mint to institute further enquiry in the early part of September and to cramine new French Prep, which appears for better adapted to a
2026-05-19 11:47:06 · Baseline
View content

3

238

coining powers of

the Mink and

the probability that, if at an

earlier period the nicepity of

a sufficient number

coining

Dollars daily to

pay

its

expenses

by a seignange of 2 per cent

had been more

дере

fully considered

the mint

the establisment of would have been held to be unjustifiable.

2.

I would have

More

because,

even

if

a constant flow of

there had been bullion to

the Mink, the latter could not have got through sufficient to

of

pay

its

3

clearly expressed my meaning by saying that the establishment

of

the mint with "its present inadequate machinery " would have been seem to be unjustifiable.

expenses.

I was very

desirous

work

however of reinvestigating that

point, because a

increase

sufficient

mere mechanical

power would seem to be at "all times attainable - I therefore visited the mint to institute

further enquiry in the early part of September and to cramine new French Prep, which appears for better adapted to

a

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