The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1838-07-20
Iron rnr enAtLorrF IosRNAI.

Mr. Editor Although the article signed "a
Subscriber" which appeared in ysur journal Of
the l3th INST, with relation to the Branch Mint,
appears quernlous, yet the weather is very
warm aud The atmosphere inclines 10 bilious irr-
liability, the disposition which il evinees may be
overlooked. traveller who sets down at the
breakfast table 10 boiled eggs and broled chicken
may complain OF his want of appetite or feeble di
gestlon that he cannot partske OF beth-5ut he
tainiy has no rgh, TO find fault with his landlord
that be did not brol the eggs and boil the chicken
If he does eat of each dish
The mother Mint IS indeed rich compared with
the Branch daughter. because to enable the former
to make returns 10 depostors with as little delay
as possible, The Secretary of the Treasury is au-
thottzed, when the state Of the Treasury viii ad-
nit of IT, to keep in the Mint at Phisdel pAs, one
million ut dollars. As soon therefore as The value
Is asceriained deposllors can be paid there. de-
post OF $4,000 made in Philadelphia to the
credit al the Branch mint in Charlotte, 10 accom-.
MEDIATE the first dcpostors until coin could be pro-
vIded here, and certificates were drawn to tie ad-
vantage Of "gold finders and gold buyers" until
this fund was exhausted. The bullion which W as
thus paid for being the property ofthe United States,
has been coined here aud already paid deposItors
Oh the spot and indeed a much larger amour,
understand has been coined and awaits the de-
mand ct early deposilors, vho entitled to pay.
tnent according TO priority of deposite only. II
then the amount deposited to the credit o. the
Branch Mint has not been sufficient TO allow some
late depostor TO receive at Northern funds
tor bis bulhon--aud he has deposited IN the Mint
of Charlotte II seems probsble that he preferred 10
take the risk OF delay rather than the hazard OF
Transmission TO Philadelphia, for our Subscriber
docs not appear ignorant OF the fact thai he could
Immediately procure coin for bullion at the Mint
Ia Philadelphia. | do not think he has a rlghl 10
complain OF delays which are unavoidable, especl-
ally when these were fully anticipated by hun
The law declares that ~ hen coins which The
equivalent to any Opposite of bullion are ready for
aeiirery they shall be paid over TO the deposition
has ofeer." The Mutt at Philadelphia al" ays has
coin on hard the Branch Mn, at Charlotte has
not get been ablc 10 anticipate all depositors The
officers inform me that il fully anticipated By
them that all the bullion ia deposI,e al the Branch
Mint would have been formed into coin by the Isl
Of July. which would have given standing fund
Of $50 0UN on tand ia advance, to pay dtPositors
as fast as the value Of deposiles ascertstntd
By assayi but the transportation from the seabeard
to Charlotte is so preearlous that materials
lia tor the Refiner and Mel,er athou b shipped
IRON Phlladelphla mouths ago have not reached
theIr destination.
Il gold huders and buyers are not benefited by
MINI hhoA ti4fi' iAtHiGSAs
enough not TO refer ,o 1t. Ii gold coin Is not more
plenty about Charlotte, II Is because those Who de
posted builIon preferred 10 transmit their funds
nofth~ ards-snd because gold coin being more
valuable than bank paper Just now, those who bod
DO no circulate il, although there IS plenty about
Charlotte. Your subscriber ma, be luorlned t!iai
there IS 1" prospect OF eoiuiug next woeE--n he
wili believe hls own eyes he nay see the process.
The officers inform ine they have not concealed
upon any occasion The delays which they antclpa.
ted IN order afford every deposiior opportuhi-
ly OF seudiug bullion - Phl,adelphta elsewhere
according 10 his convenience; but when bullion
has been received and certificate gwen tsr II, II
Is not The custom of the Mat TO mai Tetara
eept in standard coin. Il your subscriber Stands
in great need OF money" aRd has bullion to depo-
Site let him inform himself az the Mlnt when If II
probahl lie can obtain the eoln, aud II the delay
necessary does not suit his convenience | advise
him NOT 10 depeste II at al.
No delays according TO my information, occur
that can be avoided but the operations OF Mint
are tedious ard deleale--reqgTe great care and
numerous applances--the inland position OF Char.
iote necessarily causes difficulty aad the
lMpa.ienes OF yout correspondent probably more.
ANOTHER SUBSCRIBER.
I'll.