CO129-116 - Sir MacDonnell - 1866 [11-12] — Page 234

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

very littely.

Qlema.

be induced to adopt the British dollar, which I fear is not likely. The adoption of a fixed par is improbable, and we should incur the risk of its coinage being counterfeited.

Inore

m

Chinese Mints would in all likelihood be the final result.

34 -

Nevertheless the Commission and the Bankers and the general Community would view with great regret the early closing of our Establishment on which so much money has been expended. The feeling is natural and personally I quite sympathise with it, but as I have already observed more than once, the question is not to be decided by feelings and wishes.

Meru

35. The Commission reports success as improbable and Public support not to be hoped for, except under rare and fortuitous combinations on which it would be unwise to calculate except for a few and brief periods. These premises lead to the following conclusions: 1st, that the Mint if not expected to be profitable should be closed at once; the expense attending its closing being incurred at once, instead of there being any saving by deferring it, there is on the contrary the certainty of the additional cost of maintaining its expensive establishment during the interval. 2ndly, that if the Mint be kept open, its establishment and machinery should be maintained.

232

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very littely. Qlema. be induced to adopt the British dollar, which I fear is not likely. The adoption of a fixed par is improbable, and we should incur the risk of its coinage being counterfeited. Inore m Chinese Mints would in all likelihood be the final result. 34 - Nevertheless the Commission and the Bankers and the general Community would view with great regret the early closing of our Establishment on which so much money has been expended. The feeling is natural and personally I quite sympathise with it, but as I have already observed more than once, the question is not to be decided by feelings and wishes. Meru 35. The Commission reports success as improbable and Public support not to be hoped for, except under rare and fortuitous combinations on which it would be unwise to calculate except for a few and brief periods. These premises lead to the following conclusions: 1st, that the Mint if not expected to be profitable should be closed at once; the expense attending its closing being incurred at once, instead of there being any saving by deferring it, there is on the contrary the certainty of the additional cost of maintaining its expensive establishment during the interval. 2ndly, that if the Mint be kept open, its establishment and machinery should be maintained. 232
Baseline (Original)
very littely. Qlema. be induced to adopt the British dellar, which I fear is not i The adoption of a Pact piece probable, and ww chur its coinage Inore m Chinese Mints would in all listelihood. be the final result. 34 - Neontheless de Commission and the Bausters and the general Community world view wish an great regret the early doving of our Etablishment on which as much money has been expended. The feeling is matinal and personally I quits sympathise with it, but as I have already More e than observed the question is not to be decided by fuelings and wishes. Meru 35. The Commission reports success 232 improbable and Public support not to be hoped for miles under shove rare and fortivals combinations on which it would be univise to calculate except for few and brief periods. These premises lead of the conclusions. 1." that the Mint if not copected to be profitable should be closed at once inexorably be one the expense attending its closing being Qome may an in several hence, the sam years awhilst instead of thus being any saving by deferring it, there is on the contrary the certainty of the additional cost of maintaining its cxpensive establishment during the interval - Indly that, if the Mist be s'opt open, its establishment and machiney should be maintained.
2026-05-19 12:27:54 · Baseline
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very littely.

Qlema.

be induced to adopt the British dellar, which I fear is not i The adoption of a Pact piece probable, and ww chur its coinage

Inore

m

Chinese Mints would in all listelihood.

be the final result.

34 -

Neontheless de Commission

and

the Bausters and the general Community

world view wish

an

great regret the early

doving of our Etablishment on which as

much

money

has been expended. The

feeling is matinal and

personally I

quits sympathise with it, but as I have

already

More

e than

observed the

question is not to be decided by fuelings and wishes.

Meru

35. The Commission reports success

232

improbable and Public support not to be hoped for miles under shove rare and fortivals combinations on which it would be univise to calculate except for few and brief periods. These premises lead

of the conclusions. 1." that the Mint if not copected to be profitable should be closed at once

inexorably be one

the expense attending its closing being

Qome may an

in several

hence,

the sam

years awhilst instead of thus being any saving

by deferring it, there is on the contrary the certainty of the additional cost of maintaining its cxpensive establishment during the interval - Indly that, if the Mist be s'opt open, its establishment and machiney should be maintained.

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