The daily union. [volume] (Washington [D.C.]) 1845-1857, 1853-02-22
bs, their whs. should be ground into -four at the sx

that their wheat should be ground into -four at the
pspss OF the public purse
can see very sufficient reason why the government
should charge seignorsxe beyond the actual cost
incurTsd by the Treasury coming gold and if the
designated in the bill exceeds that cost il should be re-
ducsd and perceive resolution has already passed the
Senate and will doubt receive the sanction OF the
House, limiting the charge bars and ingots to the ac-
tual expense incurred by the government Car any res.
soDabe or even an unreasonable object to this
Or will MIR Brooks still continue 10 assist that the gov
eminent shall work Tor nothing and find ITSELF Tor the
benefit of his constituents! I"
MIR. Brooks IN "lhe ecstasy" OF his indignation,
recommends his constituents 10 establish assay ONCE
on their account IN order TO SEPARATE alloy assay
and cast their own ingots and bars We agree with him,
there law to prevent his ana do not believe any
branch OF the government under either the present or in
coming administration, would have the least objection 10
such plan being adopted. But Mr. Brooks must be
scanl well learned IN the art and mystery" OF the
cold trade il he thinks his constituents of Wall street
are Quite 80 green 10 follow this advice Ii is hardly
necessary make such reflection upon the intelligence
OF his said constituents as to point out the why
1 presume Mr.. Brooks was well aware OF them when he
made his "Buncombe" address. AT any rate, il it can
be done by private assayers on more favorable terms
than the rate which the mint is allowed to charge, and
the owners OF bullion have such simple and effective
remedy III their command for their alleged grievance
where is the cause for the loud and doleu jeremads
which their representative has put forth the occasion
The process which gold dust undergoes after Is de-
posted at the mint. including the separation of the silver
until il is returned TO the parties in coin, increases the
value two. three, fouiod than the charge made
Iheiaciliues and advantages at present afforded by the
mint OF the United States TO the deposilors OF gold
bullion are not exceeded by that of any other nation in
the world, and the charge OF per cent on gold coin
will not than the actual expense # it does
exceed it, the charge should by all be reduced &c
the actual cost incurred by the government In England
the mint will receive no gold except has been properly
aoyed and assayed, and perfect state Of preparations
for immediate coinage without any further other pro-
cess being necessary except 10 prepare OF proper dimen
sions for the dies This previous preparation 10 done b.
who of paid Tor the Oy
the of the bullion; and besides this, the sale
owners only sell their bullion thus prepared 10 the
mint, or rather 10 the Bank OF England, for coinage a
ltd sterling less than the standard value per ounce be
ing additional charge oil something less than one guar
ter OF one per cent.
large portion of the opposition TO this necessary anc
saluary bill appears unfortunately, 10 arise from the
failure OF the attempt to establish mint in New York
II that had been adopted shoad have heard
nothing OF the present complaints about "depreclatine
our coin to no good purpose" and OF tax upon New
York Of $2500o The petty and puerle squabble be-
tween such great cities as New York and Philadel
pha about The annual expenditure OF few thousands OF
dollars reflects no credit either side; and the srug
gle between the two parties would be amusing, were II
not allowed to influence legislation upon subject OF vast
importance 10 the whole nation. IL Is matter OF no I'M
poance 10 the country at large where the mint may De
established and OF those two cities, or their respect
i've States general indifference appears 10 De iet on me
should Be excited IL is also be regretted that Pha.
dephia should have shown such violent opPoslion TO
the measure though at the same time It must De
edged that New York has exhibited on the occasion too
much of that graspng disposition which often marks
her proceedings She should have Ttcoeced that Phil
adelpha the original seat OF COVE rhment; that
almost the only mark OF that fact is the existence OF the
mint there in which her citizens naturally feel kind OF
pride and yet even of this small remnant of public ex
pendilure New York wishes TO deprive her True, the
proposed only contemplated the Of
mint at New York, and did not provide tor the dscon-
tnuance OF the at Philadelphia, but that esu was
inevitable No will pretend to say that such an es-
tsbshment necessary each city, and no one believes
that two years would eapse alter the new one was IN
operation al New York before the one IN Phladelpha
would be discontinued. is sheer hypocrisy IN any one
who pretends be thinks otherwise New York should also
recoec. that she enjoys most undue share OF public
expenditure amounting, including the ocean mall steam
ers from FIVE millions OF dollars per annum
and The expenditure for work. materials, and supplies.
under contracts made with ths government by resi-
dsnfs of that city, included, probabyto ten millions
Of dollars This is known and generally fel TO DC I'M
lust 10 other cities and sections OF the country North,
South and West and instead OF endeavoring TO grasp
still further, and bring still larger amount OF the pub
lie outlay into this maestrom, would probably be
better policy for the citizens OF New York and their rep
resenta,ives &c be moderate in their demands, or
Otherwise Congress may find II necessary 10 adopt sPe-
chc measures decrease the present vast expenditure al
that civ and 10 distribute il more equi,ably, with view
to ferze other districts which lying iaiou IRON the
want OF public patronage II very evident that there
is growing disposition TO this effect among members
and that disposition will not be decreased when they
the representatives OF New York opposing sauiaTy
and highly necessary Of legislation because Congress
half million OF dollars already invested IN the mint
building and machinery at Philadelphia, IN orderto make
like expenditure New York for the erection OF one
there and add another hundred thousand to the
present enormous annual outlay by the general govern
ment At that city. n.