New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-08-12

The amount Of foreign copper coins circuatisg In
tls city must be very large; and one great argument
in favor CT tic new cent-wh;ch appears to stand in
need of arsumcn. in its fayor;- that it wo1'd drive
these bogus pennies out OF circulation The copper
tie poor mans CON- by which, no doubt he lie cheated,
but By virtue Of which ne is able TO purchase even at
the expense Of being cheated. There is an inevitable
swujie in hey Ds " the cents worth to which, per-
hsps the seller is compelled, and TO which the buyer
il Obliged to submit. But neither party should be
obliged to submit TO swindies, which, small as they
may seem, have relative magnitude compared even
with greater transactions. A poor woman, buying
her family food or the next day. may feel the deficit OF
spurious coin passed upon her more keenly than
Wal stree; broker sometimes losing thousand day,
would be able to comprehend. Now, let US zee what
sot Of copper co;nis il circulation il New-iork. The
following lit OF .he foreign copper coins taken by
person in this city in two weeks, and in the course OF
lis regular tradirg will shopmen
]. Bank Token Halfpenny Of the Bank Of Mon.
Ire a. in the Province Of Canada This is very fresl'
AID handsome coin and il worth about third less
tian lac United States copper cent.
Bank Token IN .S0r/ Of Lower Canada-s
handsome cc;n worth about iLird lcss thsn our
copper cent.
8. Bank Token (ift sou, or hal penny OF Lower
Canada, Of the coinage Of 1884 lille more worn
than the preceding ana worth shout third less than
cur cope. cent
4 Irish Halfpeany Of the coinage Of George ILL.,,
with ths figure Of Britannia upon one aide and the ef'
6sy Of bic Majesty upon tie other. This coin bears
date 1885, and is worth about half less than an
unworn United States copper cent.
s Irish Haupepny, OF the coinage Of George I'LL,
with Tue monarch Upon eide and the harp upon the
ether. The Cate Of this coin canno. BE distinguished,
but il is hard.y worth more than one half of our cop.
per cent.
G. I.ass penny, either Irish or English, but worn
smooth. II is probably worth, as metal. little more
tban Our copper ceat.
2. The wcIi.known coin. Elm hregi :er, worth
little less thar half our own copper cent. These are
Of various descriptions. German swincers are in the
habit of importing t,om in large quantities, ard o.
paying them sut ct the value OF one United States
cent They are small, AMI the copper doe, no. appear
10 be Of very good quality.
8. The Dapish shilling" This is not very con-
mon. l. is generally ve'y much worn, and is worth
les. by half than our copper cent.
There may be other foreign COPPER coins IN circu'
laon. These we have now before us. They are either
brought here by emgrants Or are imported .or the eI
press purpose of circulating them a. profit. We
have yesson 10 believe tina: large business Is done
in the latter sort Of enterprise.
II is remarkable fact. that though one often re-
ceiycs these coins oyera COULTER there is a,ways
great and decided difficulty in paying them back
sca:p TIC cous before Ia were al taken in respect
able shops aid have all been refused in the same sites
Of tra!hc. Why nc. take from the emigrant al tue
copper coins il his possession. paying him their fu
metallic value Why not prosecute with the utmost
Ie~ -, IA Of
i's This .pmisus currency?