may
now and then be
overcome
by the
intervention of a disturbing force, must
nevertheless tend to
produce
and
preserve
in the intrinsic
eventually a uniform level
value of silver, whatever shape the metal
52
of probabilities,
the Mint
and
I may
even
is to be
that if
further maintained at
the Cost of a Colony, which it has already
practically
reduced to
Insolvency,
Her
Majesty's Government may assume.
30.
Whilst
admitting therefore the
possibility of special circumstances such
as
sudden extension of
trade occasionally
giving opportunity for coining with profit...
and admitting that under such circumstances
expressions of regret may be hereafter indulged,
if there be
to
Mint to take advantage of
I apprehend nevertheless
that the duty of Her Majesty's Government
is
clear in the matter. It is
becoming very simply the duty of deciding
on the balance.
Her Majesty's Government might be expected to
see
more than a mere
probability
in favour of its success, before
insisting
31.
on its continued maintenance. It must be
no
doubt
very distressing
to those who formerly looked to the Mint
as a
great
convenience
and
means of promoting commercial
and
increasing the Colonial Revenue, to find their calculations upset
by actual experience. No one however
has been
really
so
disappointed
as myself, for I confess I had accepted
their calculations and more than
any
may
now and then be
overcome
by the
intervention of a disturbing force, must
nevertheless tend to
produce
duce and
preserve
in the intrinsie
eventually a smiform level
value of silver, whatever shape the metal
52
of probabilities,
the Meint
aud
I may
even
is to be
that if bay
further maintained at
the Cost of a Colony, which it has already
practically
reduced to
Insolvency,
Her
C#-
may assume.
30.
Whilst
admitting therefore the
possibility of special circumstances such
warb- or
pudden extension of
as
trade occasionally
giving oppurtunity for coining with profit...
and adm
admitting that under such circumstances
$
expressions of requt may be hereafter indulged,
if there be
то
Mint to take advantage of
I appreheed nevertheless
thope circumstances.
that the duty of Her Majesty's Government
lis
clear in the matter. It is
becoming very simply the duty of deciding
on the balance.
Mujesty's Government might be expected to
more than a mere
See
something
in
se popsibility
insisting
31.
probability
faver of its succes, before
on its continued maintenance. It must be
no
doubt
very distressing
to those who formerly looked to the Maint
ab a
great
conversienez
means of hi
and
of promoting commercial
increasing the bolonial Revenue, to find their calculations upoct
by actual experience. No one however
has been
really
so
disappointed
00%
myself, for I confess I had accepted
their calculations and more than
cury
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