The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1836-03-04
CDIrInffG,
Friday, March 1, 1896.
THE PEOPLE AGAINST THE cAuc1,s
Republican Wig Ticket:
EDv ARD u. DUDLEY, for Governor.
HUGH l.. WHITE, for President.
JOHN TYLER, for Vice. President.
CS5-Report of the Director of the Mint.

(L-Rport Of The Director of the Mint.
In another column We have extracted, from the
Gobc, on article containing an abstract OF the
most important information contained in Report
,.ernty made TO Congress BY Dr. Patterson. Dl.
motor Of the Mint ia Philadelphia.
II will be observed that this Report shows dc.
e.ne OF 900 dollars in the amount OF Gold re-
,sIyed al the Mint in 1885, as compared with the
receipts Of the previous year In addition 10 the
,e,son given in the Report, for this decline, We
an state a circumstance or two which will more
satisfactorily explain the causes which have one.
,,,,d 10 produce IL We have il from the very
:, authority, direct from Mr. Bechtcr himself,
ia, he coined, during the year le35, at his Mini
IN Rutherford, OF native Gold, the sum of one mil.
Ian and mn thousand dollars This amount is
much larger than he has ever coined ia any pre-
c,dinr year, and viii much more than cover the
defcll in the quantity received at the Phlladclphl
Mint as compared with the receipts for the years
l.53 aud l-jl The expense Of conveying Gold
10 the Mint is no doubt the main reason for this
increase Of Mr. Bechtcr's operations Tor the year
lbs. and this result forms another proof OF the
,lr,dlency Of establishing Branches OF the Mint
l he heart OF the Gold Region Al present. Gold
Miners must either send the metal 10 Philadelphia
j. ms expense and risk besides, sell II 10 mcr.
l-lnt, a, a discount or pay Nj BecHtcr some two
&. Lrcc per cent for coluage-.a Of which Diff.
arts serve 10 dcpress their branch Of lndustr,
,.l impede their prosperity We would not be
1.,dtfcd as decylng Mr. Bcchller's Mint in the
Us, ION the contrary, We thtuk the mining H..
crest ii the South much indebted to him for his
constance in giving the production OF It's industry
sa,5al.e saspe .-hut We 70 for an establishment
tNeG MI rot onl, coin cheaper, but give the me.
Fl 40 impress OF authority, ~ a circulating me.
5lm, which he cannot lupart
Tins tact Of Mr. Bcehtlef's coming 50 exien.
s.Iy, conclusiyoly accounts tot the comparative
;slcli IN the quantity Of Gold received al the Mint
ls year, and We viii NOW state another, which
v show the reason why so small portion OF the
CID actually produced in tbs country fluids lis
ssj 70 The Mint for 'hc purpose OF beng coined.
10 Conversation the other day, with a scientific
9ncman lately from England, on the subject OF
our precious metals be assured u that Amen.
4H cod san greater demand, IN England as well
'hi, country. for manufacturing purposes, than
ms other, and he expressed the opinion. conf.
fhtiy, that tNo.thlfds of the whole amount pro-
aolc IA tins country Is annually consumed IN that
az. o. this VI have nu doubt whatever, and II
crcum stance which should never be forgotten
any estimates winch may be made Of the pro
alc amount OF Gold yielded BY the American
nos
We shall give other extracts from the Report
Eco Il reaches Us.