282
sheum the amount due to and remitted into the Imperial Government. In 1866, the total receipts it is true were $163,892 but from that sum has to be deducted $109,589, charged to the colony instead of only $2820, which was incurred on the same account in 1863.
The difference between those sums or $106,369 must be deducted from $163,892 part of the Testage Revenue entered as of 1866, to ascertain the amount actually available Revenue. That alone is a very great deduction, but is not by any means the only one.
Then if the profit, in great part imaginary, of the Mint, $10,490, is to be accounted an increase of the Revenue so as to invite the imposition of further expense on the colony, we cannot get at the real available amount with which the colony can deal till we owe the other side of the account, the cost at which that profit of $10,490 has been purchased - a cost not less than $50,000, exclusive of interest on $300,000 of capital sunk.
Therefore to arrive at what I presume is the only object of Your Grace's inquiry - namely the available or Ordinary revenue, we must deduct the difference between the profit by the Mint during 1866 and loss caused by the Mint, which may fairly be put down at about $40,000.
Nor is this all, because in the 19.
282
sheum the amount due to and remitted
ito the Imperial Goverment. In 1866. the
total
receipts it is true
were
$163,892 but
from that sum has to be deducted
$109.589. charged to the bolony- instead of only $2820. which
Lincurred on
The
difference
was the expense
the same account. in 1863.
between those sums or
$106,369- must be deducted from $163,892 part of the Testage Revenue
lentered as
of
of
1866. to ascertain the amount actually
Lavailable
Revenue.
That alone is a
18.
very great
deduction.
but
is
not
by
any
means
the
only
-ame
than if the profit, in great pant incaginares of the Mintos $10,490. is to be accounted an increase of the Revenue so as
to
invite the imposition of further expense
on the bolony
we cannot
get
at the
real available amount with which the
bolony and
have put
Your Grace
can deal till
we
ow
the other side of the account the cast at which that profit
of $10,490 has been purchased- a cast not lefs than $50,000. exclusive of interest
$300,000 of capital sunk. Therefore to arrive at what I presume
presume is the only
oliject of Your Graces inquiry- reiz the
available oi
Ordinary
revenue we
must
རྔབ་མལ་པ་དངཅ་ཟུ་ཅན་རྣམ་ཁང་
deduct the difference between the profit by the Maint during and lofs caused by the Maint
1866 which
may fairly be put down at
about $40,000.
Nor is this all,
because in the
19.
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