CO129-116 - Sir MacDonnell - 1866 [11-12] — Page 230

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

the Banks to send silver to the Mint

without loss the Government should supply it. The success of the Mint and the

"hover of the British Government depended

"yes on keeping) the furnaces lit

in his

and the presses at work, whether at a loss

or not

27.

I confess that I

was induced to

go to extreme limits for the purpose of

feeding

the Mint, and when I

borrowed money for its operations. Nevertheless, though

I knew I

was not acting wisely.

I was still inclined to

enable the Mint to tide over what I

regarded

as a mere

temporary depression

and ill luck. I have however recorded during these transactions

my opinion

that I was not doing right and that

the operations of the Mint

were not meant to be guided by sentimental

feelings, but by dry calculations

of profit and loss; whilst as to the honour of Great

Britain it was not involved in the

matter, and

if it

were, the Imperial

Government could better afford to lose on it than a small community already reduced to insolvency by its

previous expenditure on the Mint.

I must not have forgotten

however

29.

point out that not merely

was

there an outburst of loyalty in sending several millions of Mexican dollars to the Mint - with a view to obliterating the

"anarchical stamp", but the several millions we

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the Banks to send silver to the Mint without loss the Government should supply it. The success of the Mint and the "hover of the British Government depended "yes on keeping) the furnaces lit in his and the presses at work, whether at a loss or not 27. I confess that I was induced to go to extreme limits for the purpose of feeding the Mint, and when I borrowed money for its operations. Nevertheless, though I knew I was not acting wisely. I was still inclined to enable the Mint to tide over what I regarded as a mere temporary depression and ill luck. I have however recorded during these transactions my opinion that I was not doing right and that the operations of the Mint were not meant to be guided by sentimental feelings, but by dry calculations of profit and loss; whilst as to the honour of Great Britain it was not involved in the matter, and if it were, the Imperial Government could better afford to lose on it than a small community already reduced to insolvency by its previous expenditure on the Mint. I must not have forgotten however 29. point out that not merely was there an outburst of loyalty in sending several millions of Mexican dollars to the Mint - with a view to obliterating the "anarchical stamp", but the several millions we
Baseline (Original)
the Banks to send silver to the Mint without loss the Government should serpfly it. The success of the Mint and the I "hover of the British Government defended "yes on Keeping) the furnaces lit in his and the presses at worst, whether at a loss a not 27. I confops that I go ANTAN induced to te extreme limits for the pumpose of feeding the Mint, and wen bornved I money for its operations. Newnetreles though I Knew I Was M. back to leave not acting wisely. I any stine imbined to enable itie Mint to tide over; what in regarded · as mere many temporary depression and ill luest. I have haverer recorded during these hans actions my opinion Jes but best to be better hout ... ? 228 that I was not doing right and that the operations of the Mint wee nWW meant to be guided by sentimental feelings, but by dry calculations calculations of profit wont opens and lose; whilst as to the honor of Great after of h Britain it was not involved in the matter, and if it were, the Imperial Government could better afford to loose after it than a small community already reduced to insolvency by its previous expenditive on the tint. I must not haven forget to havever 29. point art that not merely was there outtrust of loyally in sending" "senal millions of Messican dollars to the mint - with a view to obliterating the #1 "anarchical stamp"," but the several millions we
2026-05-19 12:27:28 · Baseline
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the Banks to send silver to the Mint

without loss the Government should serpfly it. The success of the Mint and the

I

"hover of the British Government defended

"yes on Keeping) the furnaces lit

in his

and the presses at worst, whether at a loss

a not

27.

I confops that I

go

ANTAN

induced to

te extreme limits for the pumpose of

feeding

the Mint, and wen

bornved I

money for its operations. Newnetreles though

I Knew I

Was M.

back to leave

not

acting wisely.

I

any

stine imbined to

enable itie Mint to tide over; what in

regarded

· as mere

many

temporary depression

and ill luest. I have haverer recorded during these hans actions

my opinion

Jes

but best

to be better

• hout

...

?

228

that I was not doing right and that

the operations of the Mint

wee nWW

meant to be guided by sentimental

feelings, but by dry calculations

calculations of profit

wont opens and lose; whilst as to the honor of Great

after of h

Britain it was not involved in the

matter, and

if it

were, the Imperial

Government could better afford to loose after it than a small community already reduced to insolvency by its

previous expenditive on the tint.

I must not haven forget to

havever

29.

point art that not merely

was

there

outtrust of loyally in sending" "senal millions of Messican dollars to the mint - with a view to obliterating the

#1

"anarchical

stamp"," but the several millions we

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