The daily union. [volume] (Washington [D.C.]) 1845-1857, 1851-01-24
COMMERCIAL.


NKw YoxK, Jan Kit, p m.
allud week the growing scarcity of change and
importance of prompt action in relation to greater
coming facilities Since then there has been made public
letter from director Of the Philadelphia mint, in repy
10 request the part of the postmaster of this city,
the mint give gold dollars in exchange for twenty
dollar pieces meet In some degree the exigencies oil
tho public service The director replies, ia fact, that
he cannot do SO, because he has already difficulty
In meeting the regular demand for these coins" This
announcement that the "ysg1lar" demand is met with
difficulty, In face OF the fact that out OF more than
4 Of gold deposited last year. the mint was able 70
coin but S27 766 AS and Of that only xiS 300 was Ia
gold dollars Notwithstanding demand 50 great 'hat he
supply the of the government! II Congress
orders tho hreecent pieces under tho new posi- ONCE
law, k0U they TO be eot~sd The director s@os 'na
the difficulty ia regard small change mas grown ehuey
out of the variance In the value OF silver compared
with gold" apprehend that this Is an entire iai'acy
Thus the small channels OF circulation We're MED win
foreign silver coins These were ny law Ieuseu =. 'no
post office for pos,ages law of Congress two years since
REQUIRED the coinage of gold dollars for nse This order
was neglected by the mint under pretence OF preparing
dies until the public camor compsed the execution oil
the law. Very few, however were coined foreign de
mand for silver coins then spang and drained the chan
nsls Of circulation, causing great embarrassment Tor the
Of the gold dollars which the mint has been unable
furnish. und which are now at per cent premium.
NOT merely because silver is valuable than gold
When the postmaster demands the pieces he Is told that
sver has gone because it valuable III N gold
Suppose the gold dollars had been freely furnished TO sup
NV the place there would have been mo difficulty, not
withssanding tho advanced price of silver The director
hen tells the postmaster that he Is not bound to supply
chanse-that should compel everybody to bring Just
the change" Let The law says none but Amer
lean coins shall be taken for postage The postages viii
EACH and the mint has supplied last year
32lO 900 Of dimes and half Dimes and the post Office
MUGS are nearly 5000 600 The dime, and half dunes
have been exported California the half dollars to Eu-
rope, and foreign silver, il to be had is BY law not re-
csvabls Copper 10 not legal tender Gold dollars can.
not be supplied by the mint for of time Whence,
them is this change from In the face OF these
facts when the postmaster asks for gold dollars 10 max
change, the director replies
"a double eagle may certainly be declined il offered to
pay 6ve-cent postage and If double eagle then why
mot any other coin except the exact half dime itself 7!
This appears be under direction OF that brilliant MUS
the head Treasury Department Most certainly OF all
son for Secretary There thousands who would have
done better Will the director please tell those who have
postages pay where to get the exact half dune itself
Does he suppose that every has his mint III
mint In New York had sustained dog in the
GER opposition from those concerned in the Phiad pha
mint last year, the embarrassmens the public nov labor
under would have occurred The only OF
plying national silver COINS gold dollar, and threecen
pieces mint work possible. and
s tbs Philadelphia mint supply double eagles those who
want Them
The business OF the year has already opened satsfac
toy, and many country buyers in town. The arrivals
OF goods quite so large last year but the
Atlantic, long overdue has valuable cargo, which, had
1t arrived would have swollen the received hey
that Of last year The imporations of dry goods Of
port Tor December and the first weeks of January
have bsen comparatively follows;
hmm fs dyu ads of York