The daily union. [volume] (Washington [D.C.]) 1845-1857, 1850-05-30

teamed friend from North Carolina, lMr. bAD0lkl
Who comes from the vicinity OF mini, the last
returns Of which, upon that topic. show that TO coin
one hundred pieces, il costs S72 49, u comes Iicm
NV equally esteemed and hoDored friend from Georgia,
Who comes from the vicinity OF mint, which ike re-
uras show there il COSTS every hundred pieces coined
Inc sum OF 6T o. They SIR are shocked Al tne propo-
sion 10 establish mint at the great commercial empo-
rum As individuals, they would be generous p fault,
ba, AZ rspresenlayes oil The people. although living
he vicinity OF two such magnificent mins themselves,
thew cannot give their consent 10 mint II the city oil
New York where and 7, ius =
has given them distaste for It, II Is expensive un-
derakng at 72 and cents for 100 pieces OF money
Z nonstrnus tribute 10 mistaken legislat0n.
Sir his Is moi question OF the New York merchants,
individually or class II is matter which looks to
the interests OF the whole country But il il were mat
ter for their accommodation exclusively, they have rights
as portion OF the people Of the country, paying, they
DO twoblrds OF our whole and their rights and
interests should be fairly considered we'll the inter-
es and rights OF any other portion of the community
But any attempt to excite prejudice against them by de-
nominating them merchant princes, is course of argu
ment not usual in the Senate of the United States, and
had far better be transferred 10 the stump and replaced by
Arguments calculated satisfy and convince the udg
So far from fearing discussion, would invite discus
sion upon this matter and would not object 10 its being
if it lasts as long is predicted IL WILL if there is any
adequate good TO come OF it. was anxious to get action
the BILL because seemed to have been discussed all
ready every possible phase OF IT, All the usual coure-
81 extended to any bill had been exhausted and 10 pro-
long the debate at this time in the session seemed to De
aespass upon the time OF the Senate and unjust 70
other measures II for that reason that wished II
acted upon, and not that feared discussion Besides,
know how and by whom II was once defeated, oy pre-
venting its being read near the close q the session. under
certain stringent rule, and for one, do not intend that
Il shall be Thus defeated again II the majority of the
Senate is az inst the establishment Of branch mint at
New York, let them COME 70 a vote on the question.
and express their opposition by that appropriate MEANS
will be conened but lei il not be defeated by mere
defamation Every senator's mind is doubtless made up
Did not when discussed this question the other day.
place upon the highest public grounds and considera
lions in every view presented t Did not state that il
was aqueson for the whole Union and the people OF the
whole Unioai Was not borne out in that view by the
message OF The late President OF the United States, and
by the detailed report Of the late able Secretary of
the Treasury saying tina, it question for the whole
Union placed upon local grounds place ques
ton upon such miserable, narrow grounds Ny motives
and intentions comprehensive the United States in
regard all these public questions. loathe sectionalsm
We told now, as we were the other day in the full
discussion that this Philadelphia mint has ample capacity
for all the coinage which is necessary. What new IDEAS
or even new words for the IDEAS have been used in
the discussion OF this point to-day The old language
has been repeater and no new ideas have been
and the only additions have been little more assurance
The same argument by which it i attempted to prove
that the Philadelphia mint has sufficient capacity would
prove that the mnts at Dahlonega Georgia. and Charlotte
North Carolina, at which it costs 67 and 72 and some
cents for coming every hundred pieces, still bet
adapted to the purpose, inasmuch as they more
remote from the centre of business and win be less
crowded Sir. is apparent that the question is one for
the people oil the United States; and yet constantly
asked OF what benefit it viii be to the people OF the
United States 1t gives them Solid safe, and convenient
currency widely difused among the masses. The Phila
dephia mint has coined eleven millions of dollars recent
~. Certainly she has worked wonders recently; but
heretofore a her coinage for the assistant treasury at
New York, the average time for completing the operation
has been forty days. when the mint has been easy
and when pressed sixty days before the money could De
returned What merchant whether prince or not. who
has i've or ten thousand dollars afford TO place his
money beyond his reach that length of time before he
use it, or who will do il if he afford 10 have just
read statement that the treasurer of the mint of the
United States at Philadelphia, in paying of one million
five hundred thousand dollars has given notice through
the papers OF the country that he will TO- New York to
do ii and for what reasonl II is stated in his published
notice, that he goes to New York in order avoid the
expense and delay OF transporting the money v Philade
pha and back again.
Now. if there no expense and delay about it. or If il
were mere pasme, why does this officer leave his quiet
place in Philadelphia, and COLO New York He has
learned that the money could not protaby 60 back and
oIh unless II IN accordance with the currents OF
and that hazard EXPENSE and delay were great
hardshps My argument was based upon the same
grounds Why Is il not answered by arguments, and not
BY mere defamation
give the country a currency, and will not without re-
coinage, and II will not be recoined unless you have
mint al New York. II will NOT go out of its way one
hundred miles 10 get recoinage. You might as well
circulate book in foreign language among the mil.
Iona spelling book in Greek, or Bible in Hebrew,
among the OF the American people, this foreign
SoiuS VI WHICH lew KNOW the value. IL VIII not
among The people, but finds its way into the banks. and
remains there dly or portion carried abroad again
does not circulate among the masses It would il
recolned Their currency is therefore paper, and fire.
quenty worthless at that Again, ii II is coined in large
pieces, It becomes the currency OF the merchants and
banks, and government Offices, but not OF the pub
ie The mint at Philadelphia has coined recently
eleven millions, II is said but how much OF it has
been coined in double eagles II makes a great
difference if you coin money in double eagles, five
OF which make 500, in hve-cent pieces, five OF
which make only Twenty-Five cents. Let the kind OF
coin which is coined be stated and then the amount
Of labor performed by the mint will be the better
adduced the other day. went through the whole sub
ect then, and made good each point by statistical cacu-
atoDs, and do not like TO be told that shrink
IRON discussion and investigation but inasmuch was
charged with such disposition, felt called upon to
make these remarks in reply.
DO not wish TO see NATIONAL measures OF any kind de-
generate into local scrambles have never placed this
matter any other upon any such grounds Personally,
reside at distance from the city of New York, far
enough not be influenced by personal sympathy
with that locality even il liable To be so indu
enced. As representative ! hope have that sym
ahy which becomes my position But place the whole
question: upon higher grounds-upon such grounds as
winch that able and distinguished man, the late Secretary
o. zoe treasury, who was from the great valley of the
hssissipp, and who of could feel local at
acDments TO bias HIS judgment In favor OF New York
put II upon the commercial ground that mint at New
ok essential 70 The accommodation OF the public, and
ask senators to be governed BY that consideration and
no other. 'sagsf9 sis 5Hal1
will not enter into any struggle with Philadelphia,
noe into any struggle between Dahlonega and Charlotte
OF between any other points IL the tendency of
merce s to carry away the mint finally from Philadelphia,
smuch a. might regret TO see her part with that insti