CO129-116 - Sir MacDonnell - 1866 [11-12] — Page 218

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having already semi- officially transmitted it to Your Lordship's

Department.

That letter adverts amongst other things to some calculations of the Auditor General Mr. Rennie forwarded in my despatch No 103

14

of the 27th August. I therefore submitted

See

R.

11713/58

it to Mr Rennie, whose explanations Enclosure Wile

and remark's I also enclose,

I

consider them well founded and deserving Your Lordship's attention. 6. 6. The sums already sunk building, establishing, and maintaining the mint and its Staff enter so

prominently, and so frequently into the general argument that I

Indome Mod.

have procured from the Auditor General a reliable return of that expenditure. I have myself gone

very carefully into the details, which shew $445.709-

as the sum expended,

but other items due in

England

and alluded to in the return raise

it to at least $450,000 up to the

commencement of this month.

27

On the other hand it is

is right to shew the apparent profit made by the Mint. This Mr. Ronnie puls at

Inclosure not. $10,321 - diminished by the conversion

into subsidiary Coinage of dollars

for which the Colony

was re

receiving

six per cent, and also by the additional loss of eight per cent on