CO129-116 - Sir MacDonnell - 1866 [11-12] — Page 225

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

foreknowledge of what must necessarily be uncertain, viz. the circumstances regulating the Course of Sterling and Indian Exchanges to be requisite to prognosticate the success of the Mint - but points out circumstances in which occasionally the ruling Exchanges might render minting temporarily profitable.

19. On the other hand Your Lordship's letter can oppose to the views of the Commission, framed after long protracted and anxious consideration and to the opinions of the Bankers whose profession it is to study the course of Exchange and dealings in Bullion and Coin.

...hadvocate that cause which suit their profit...

20. That letter embodies in a convenient shape the florid talk which may be harmlessly indulged in by gentlemen who have no responsibility and are not called on to provide funds to meet the expenditure essential for carrying out any costly and protracted experiment, whose solution they desire. It is not perhaps important if Mr. Kinzie pronounces the "financial success of the mint a question apart". He thereby merely puts himself out of court altogether.

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foreknowledge of what must necessarily be uncertain, viz. the circumstances regulating the Course of Sterling and Indian Exchanges to be requisite to prognosticate the success of the Mint - but points out circumstances in which occasionally the ruling Exchanges might render minting temporarily profitable. 19. On the other hand Your Lordship's letter can oppose to the views of the Commission, framed after long protracted and anxious consideration and to the opinions of the Bankers whose profession it is to study the course of Exchange and dealings in Bullion and Coin. ...hadvocate that cause which suit their profit... 20. That letter embodies in a convenient shape the florid talk which may be harmlessly indulged in by gentlemen who have no responsibility and are not called on to provide funds to meet the expenditure essential for carrying out any costly and protracted experiment, whose solution they desire. It is not perhaps important if Mr. Kinzie pronounces the "financial success of the mint a question apart". He thereby merely puts himself out of court altogether. Page 223
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foreknowledge of what must necessarily be uncertain, viz. the circumstances regulating the Course of Sterling and Indian Exchanges to be requisite to prognosticate the success of the Mint- but points out circumstances in which occasionally the ruling Exchanges might render M minting temporarily On the other hand Your profitable. 19. Lordship letter can oppose Mr. Mr. Kinzie's to the views of the. Commission, framed after long protracted and anxious consideration and to the opinions of the Bankers whose profession it is to study. Brutals ali H Seven of Lave inth quetion in by et. oller & putte see hadvocate that cause which suit the A reficut & the course ht whet T profitable Bullion X of Exchange dealings 223 and all possible with Coin and 20 That letter embodies in a convenient shape the florid talk which may be harmlessly indulged in by gentlenium who have no and on responsibility are are not called on to provide funds to meet the expenditure essential for carrying any costly and protracted experiment, whose solution they desire. It is not perhaps important if Mr M? - Penzie pronounces the "financial success of the mint a question Рашчана latten W M.. may family wit wonsider hiz the quelin है "apart". He thereby merely puts himself out of bourt altogether how t in
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foreknowledge of what must necessarily be uncertain, viz. the circumstances regulating the Course of Sterling

and Indian Exchanges

to be requisite to prognosticate the success of the Mint- but points

out circumstances in which

occasionally the ruling Exchanges might render M

minting temporarily

On the other hand Your

profitable.

19.

Lordship

letter

can

oppose Mr. Mr. Kinzie's

to the views of the. Commission, framed after long protracted and anxious consideration and to the opinions of the Bankers whose profession it is to study.

Brutals ali

H

Seven of Lave

inth quetion in by et.

oller & putte see

hadvocate that cause which suit the

A reficut &

the course

ht whet

T

profitable Bullion X

of Exchange

dealings

223

and all possible

with Coin and

20 That letter embodies in a convenient shape the florid talk which may be harmlessly indulged in by gentlenium who have no

and

on

responsibility are are not called on to provide funds to meet the expenditure essential for carrying

any costly and protracted experiment, whose solution they desire. It is

not perhaps important if Mr M? -

Penzie pronounces the "financial

success of the mint a question

Рашчана latten

W

M.. may

family wit wonsider

hiz

the quelin

है

"apart". He thereby merely puts

himself out of bourt altogether

how t

in

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