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3
from Seignorage received from the Public at the Mint since its establishment in May last year had not reached $10,500 without making certain deductions for waste.
I may here state that I have found great difficulty in procuring brief and intelligible Returns from the Mint of the work done there, and I have had to call for many Returns before I could really comprehend the details.
3. Finally, I prepared the enclosed forms for four returns which I insisted on having filled up accurately and I now transmit them. They include the period from the 1st of May 1866 to the 31st July in the present year, a period of nearly fourteen months.
No 1 Return shows all the monies coined at the Mint for this Government with the gross profit and loss thereon, more imaginary than real. The profit, however small as it is, $12,600, has been real, consisting of the difference between the intrinsic worth of $119,000 in alloyed subsidiary coinage, which was unavailable for a long period, during part of which the colony was actually paying 8 per cent on borrowed money.
No 2 Return shews the amount of monies coined for the Public free of Seignorage for some months after the
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3
ا من
433
from Seignorage
received from the
Public at the Meint since its
́establishment in
Maay last
had
year
not reached $10,500 without making
certain deductions for waste.
າ.
may
CH
here state that I have
the Maint
found great difficulty in procuring brief and intelligible Returns from of the work done there, and I have
to the 31st
a
.
July
in the present year,
• period of nearly fourteen months.
No 1 Return shows all the monies
coined at the Meint for this Government
with the gros profit and
gross profit and los thereon,
more
imaginary than
profit however which small as it is, $12,600, has been real consisting
difference
been obliged to call for many
Returns
of
little
before I
I car
as it did
of
the
between the intrinsic warth
mmare
than
а
$119.000 in alloyed
was
found
subsidiary coinage, which unavailable for a long period, during
a
part of which the bolony was actually
details.
3.
could really comprehend the
tinally I prepared the enclosed
1 forms for four returns which I insisted on having filled up accurately and I now transmit them. They include
पाह
the period from the you of May 1866
paying 8 per
cent
borrowed
on
money.
5
No 2 Return shews the amount
of monies coined for the Public free of
Seignorage for
some months after the
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