The daily union. [volume] (Washington [D.C.]) 1845-1857, 1850-05-25

least claim upon the just policy OF this government,
for have said that every OF these minis placed
one of the commercial cities, may give such preference
as to make an injurious diversion vi commerce from
city in any other part OF the United States and all The
coinage which comes through the commerce and uris
diction OF Georgia and South Carolina wall be necessar
ly carried around the central reservoir I'm New York n
be distributed into those channels OF commerce ii
comes with high sanction. My friend from New York
has given good for but he must that In
other sections OF commercial communities With regard
TO the establishment of mint at San Francisco, there
may be strong for that because Il at distance
ana because once mere sa wou,a aosorO'
TO these minis in New York and Philadelphia But
say now, shall ask for thousand dollars carry
into operation branch mint al Charleston. have
adopted the custom house and lis appr opraie officers
and, as far as know, there no additional offcer
required, except an assayer.
Mr. CLAY. do not propose TO raise point OF order
but TO make suggestion TO the honorable senator
from Missouri, lMr. BESros.l There is q proposition
made TO establish mint at New York, which am very
much inclined 10 favor, so far as my vote goes; but
visions for the establishing OF mint San Francisco
and am very much inclined to so for that measure also
But let suggest 10 the honorable senator whether this
in violation OF parliamentary law TO bring two subjects
of this kind into the bill Why, sir, may moi The
dignity OF New York. what is likely, the dignity
OF California, be affected by such strange, unnatural IN
congruous association 1.-THE the proud Empire STATE
and the oher-l am sorry to say, but am obliged "a
saya Territory There are some points Of resemblance
il is true but, the time, there OF dscoM
and incongruiiy Now, sir do TO insist siren
uoasly upon these ncongrulties; but propose to The
honorable senator from Missouri that If he will waiy,
all objections to the compromise bill regard to the ass
citation which is contained in that bill OF certain measu
for one, will with great pleasure waive all objections
ncongruiiy which rather apparent between ,he
two measures now under consideration.
Mr.. COOPER, Mr. President have been at consd.
cradle pains in collecting information upon this subject b.
writing to the director and treasurer OF the mint Pha
dephia, as well as to other Intelligent gentlemen there
who employed TO do the business which is required
be done in the mint These Materials however have been
used by other gentlemen, and in much better manner
than could use them shall nevertheless, submit, il ID.
Senate will indulge me- few why the proposed
plan OF mint at New York should not be established
am not going TO deprecate the commercial importance
OF the State OF New York; nor am going TO deny thala
large amount OF duties which paid upon the various
mporatioIs into this country paid at New York
But sir, will remind my honorable friend from New
York INT DIcKSsosl that, Notwithstanding this large
amount OF revenue collected there, the people OF Nev
York are all the richer for it.
But the question which addresses itself 10 the Senas
In relation to this matter 49, whether the business Of the
necessary establish and to carry on mint in The city
OF New York. Now. sir, the statistical information
furnished to the. Senate BY the gentleman from New
at Philadelphia is entirely sufficient for the purpose
Heretofore, ut least with the exception Of single year
that OF 1S47-when operating which brought
into the country large amount of foreign coin, h.|
amount at the several mnts in this country have never
exceeded eleven millions OF dollars in lS43. the whosv
OF the coinage OF the country amounted that sum |
the year ls4d, which stood next in amount there wen|
coined between six and seven millions of dollars These
were the highest amounts that were coined in The
course OF any one year. The amounts from the yea
1892 the period when the mint in nhadelpha frs
established, up TO The present time. have ranged froa
two TO three millions of dollars In ls47. the amount, d
coinage in all the mlnts of the countryhat OF Philade
pha, that OF Charlotte, that OF Dahlonega, and thai
OF New Oeans-was altogether little over twenty mil
lions. OF that amount, the Philadelphia mint coined
about fourteen millions; the branch at New Orleans
about five millions the other million and hall being coined
by the two minis located in North Carolina and Geoga
In 1885, the amount coined not fourth part OF thai
coined in lSi7 but during the last year, consequence
OF the influx from California, the has been great
increased. and will exceed any previous year But
sir. not the mints in operation, and which an
an annual charge upon the government sufficient TO per-
form all the functions they are wanted TO perform Un
doubleday they IL will be seen that the branch
New Orleans equal in 16l7 TO the duty OF coming
upwards OF millions oil dollars, and II was no
worked, | am informed to It's capacity at all Tia
year the mint al Philadelphia coined nearly four millions
and was not worked up to ITS capacity by any means
admit that, at the period when the gold began aow
into this country from California, there wha
the mint at Philadelphia had not the capacity TO coin th
bullion and gold dust that deposited there as fast
the wants OF the country required that its houd bedon
but il owing 10 the fact that has already been
referred TO by the senator from Maryland. Mr. PFARcf
California large amour, Of Silver. which. previously
to the coinage, required 10 be separated from h
gold and the machinery and apparatus OF the mint al IN
beginning OF this influx OF gold not adapted TO b
purpose But improvements have been male both in The
assayng department and in the ability of the mint
separate the silver from the gold and the mint nos
in condition TO do than is required Of IT, As h
been stated by the senator from Maryland, there viii
coined, during the present month, over three millions
dollars about three million hundred and seventy
i've dollars by the mint in Philadelphia alone, potlO1
OF ths-that Is small portion-I admit, has been silver
but the amount OF silver 10 be coined hereafter will
diminished undoubtedly, while the amount OF gold will
be increased.
And there is another fact to which senator's should
advert. coin OF larger dimensions was authorized al
the last session OF Congress, and that coinage now
ing into circualionI the $40 gold pieces or dou
Bile eagles When this is the case, the capacity OF ~
mint Tor coming in dollars will be increased.
But the fact pressed most sirenuously by the sena
from New York this that in is4s there was
Importation into the country OF some tweny-four MI
lions OF SPECIE and that OF that amount. there Coz
paraiiyely but small portion imported into PhaeFha
Does the senator know that there a very much ag
amount imported into Boston than into New York Doe
he not know that
Mr. DICKINSON, (interposing) beg leave 10 ID
the gentleman that the Cunard steamers by which wa
brought, came no further than Boston, where II Dis
charged on New York account
Mr. COOPER Previous 10 that time, a large amour
Of the importation OF gold got 70 Boston and, II that
delphia imports into New York her coin would be an
gunent against New York and in favor OF PhladePhn
But let what Is The great evil OF the TACT that M
senator from New York has stated and pressed upon
attention OF the Senate. admit thai New York Is "
great CONNIE rcial metropolis OF the Unon and that
than TO cities oil less commercial importance but whe
say, Is the great disadvantage the country IRON in
TACT In the year s47 there imported about si4
100000 OF gold into the United States; and the tran