Wheeling compiler. [volume] (Wheeling, Va. [i.e. W. Va.]) 1829-1831, 1830-07-07

Third s1HGtySlS.-%JO = ANS VI " ~"
mept Of dollar he solution IN Dltrc a
cld was decomposcd by copper.
800 silver.
1870 alloy. b.,
FourtS .1n0lgss.-50 grains OF i'i''
led piece, No. 2-;he solution decomPos-
ed as above, analysis two and three.
5000 silver.
1000 alloy.
Fin .4nalgsiS.-28j grains Of a frag
mcnt of dollar The solution decompo-
sed as analysis 1ih.
600 silver.
800 alloy.
iSirth .4aalgsis.-l00 grains Of the mh-
led specimen, NJ. /, ta- same as used ~
the LIST analysis, blt t.o ISOLATION precIPHa
ted by copper
Screna .luolys, luton from
which. in the h-s, , silver was
preccipitated by -cdi, was de-
composed by ara aa! gave ia grams
which gives :. PERCENT oI copper OF gen
uine dollar.
Eighth .9a4,e,s.-A whole MeXcao
dollar we'ghue Il gralas. being ana'ys
ed as the frs, lnaly ols-by muuate Of
soda.
$50 silver, and a small proportion
of god.
lilo alloy
The standard SILVER 0fthe United States
consists of 1885 parts Of fiue silver and
I79 PARTS of copper The dollar contains
4i6 gr.ns of standard silver, of which
81 IA grains are pure liver, and III 81
grains o! alloy.
The SUSPECTED dollars have different
Welrh's-l examined one which weighed
y Grains less ,h1n tie Americas one
The genuine Mox.,pa one which have an
alysed, weighed 4l4,2 grains less han the
American.
When five per can't. arsenic IS mixed
" combined with any alloy. even Il II con
ans more than half Of copper, the metal
will remain N the state Of standard silver;
but thls quantity surpassed, the metal be
comes brittle"
A silver platter &c whom also a sPecl-
men had been submitted, IN reducing 1t to
thin plate, discovered hat arsenic had
been used IN tic composition. This eyl-
dence led 10 the question which elected
The answered. Professor Jroost contained
ia the lasf paragraph cf his statement.
The Sm..h. VINO thought the composition
did not contain more thau ten ceuts to the
dollar was ,csib called ard juterrogaled
IS TO his know'e3,- Of the effect OF arsen- /
ic on copper. l'e answered, th4t do 10 IT'S
effect on copper ur w,th silver, he knew
by eypeuea-- q. B. It prodWeJ a metal so
s,a. that /. mighr1r drawn i1to wire with
out bre king and .ouuch esc,nblng pure
silver, that the pest q Jud ses could not de-
tect. or tell 1t from sIlvyf, except by cheml-
cal process.
There are two very evident propositions
which we wish could be borne IN mind by
all those VINO approach the subject Of the
currency of tue country.
The ore addresses itself particularly to
ino-e who tbu.k that the. presence Of the
precious metals in the country Is the best
safe guard against overriding and bank
ruptrv IN individual cases. Ii Is:
That 40 country has ever been CONNER
ciolly prosperous, without the use ofacre-
dit system and paper remiitances.
The othor is a theme for those who IN
sist that banking should not be monoPo-
~, but be thrown open to all Ii is:
That the issuing ola currency Is part
Of the powers Of government; and IS an
authority which should be withheld from
ndiyiduals, and not delegated without
guarantees.
Credit and confidence are the main pill
lars of commerce; II IS under a vain pre-
tence Of UNFOLDING and securing them that
bank paper IS decried. Any one, howey-
er, who viii look at the subject dispassion-
aiely, aud inquire how society could bear
The want Of accommodation which the des-
ructloa Of well regulated banking lnsliiu.
tons would cause, viii agree with US, that
a paper currency is, and must ever be,
part OF thriving credit system.
We are well aware oftbe objection which
some urge, that there are banks in exis-
ience when are mere sinks Of usury; and
whicn have hypothecated their stock for
private paper, sc. and are ready to betray,
at some unfortunate moment, the conf
dence with which the public have made
use ct their accommodation, by an entire
bankruptcy. But these are special cas-
es, within the react OF such preventive
measures as vail be for less severe and IN
compromising, than total destruction o.
bank issues.
Five States, viz: Massachusetts, New
York New Jersey, Pennsylvania, and
M. each keen for fho s-oilo, ~-;1o