The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-01-07

REPORT OF DIR. LINDERMAN ON THE PROPER
PLACE FOR ITS OBSERVATION-DISCLOSURES Sc
LEcTRD-THE MINTING REQUIREMENTS OF
THE MISSISSIPPI VALLEY.
WASHINGTON, Jan. 1879
The President sent the following message TO The Sen
ate today
To tue SENATE UNITED STATES
In reply 10 the resolution OF tho Senate OF the 27th
Of February last, requesting the President TO institute
inquiries as TO the proper place for the esabl shment
OF branch mint at point In the Western States
or IN the Mississippi Valley, transmit herewith the
Mint who was charged with the duty Of making the
L. S. GRANT
REPORT or DR. LINDERHAN.
Or Lnderman, in his report states that he has Wis
tied the cities of Chicago Cincinnati ST. Louis Indian
apolis, Kansas City and Denver and examined their
advantages respectively, with reference to the estap-
lishment OF mint He then says
The principal commercial aud railroad cities in the
West, ST. LOUIS, Chicago, Cincinnati Indianapolis,
Omaha aud Kansas City, all offer ample facilities
Tor economically conducting mint operations. both
as respects he Of the necessary sup
Plies and the of labor They also pos
sess sufficient facilities for distributing com
TO the cities and towns OF the Mississippi valley For
the coinage OF silver IL is very material which OF
the cities referred to shall he selected for the location
of mint as under the law such coinage with the
cepon of the trade dollar, must be government
count exclusively, and the bullion required Tor the
same procured Nv purchase. Inc supply VIII como
chiefly from the different reduction and re-
fnng works hereafter referred TO. 1t is i'm
portant, however, TO avoid II possible the
delay, and particularly the expense which would attend
the construction OF new edce and which may he
complished by utilizing some government building no
longer required for other purposes The only govern
men buildings in the West adapted for operations
the United States Arsenal at Indianapolis and the
United States Post once at 81 Louis. The latter will
not be vacated until the completion Of the new United
States buildings In St Louis, which will require prob
ably three or Tour years. The edihce at Indianapolis
II Is believed 10 no longer required for the purposes
which II has hitherto been devoted, and could be con
vertcd INTO mint at moderate expense within.
say months from the time OF It's being vacated II
IL be the intention 10 establish mint IN the Western
States for the coinage Of silver only and assuming
that the arsenal building can be vacated and turned
over for use as mint the true policy would appear to
be to locate IL at Indianapolis.
Having stated my conclusions as TO the location Of
mint for the coinage OF silver deem proper TO refer
briefly and in general terms 10 the
REQUIREMENTS
OF the territory known the Mississippi Valley That
extensive and highly productive section will require, in
the near future considerable coinage Of gold and
silver II the demand 10 10 be met by one mint Il
should be located at point as near the cen
ire OF the valley practicable, having ref
erence 10 the procuring cheap supplies and IA
cillties for receiving bullion and distributing coin
The city of St Louis beng situated the centre
of the valley than any other principal city railroad
centre and possessing equal advantages In other
spects for the conducting OF coinage operations would
appear TO be the proper location for the establishment
of thoroughly equipped mint OF capacity for both
gold and silver coinage equal TO the requirements Of
the present and future
The Director OF the Mint then speaks OF the extern
sive reduction and smelling of precious car
rcd at Omaha, Chicago, St Louis and various points
in Colorado and says this business which already
proved very beneficial to the bullion producing Ter
ritories, Will largely increase with the further
extension OF railroads. and would no doubt
be benefited TO some extent should a mint be estab-
lished in the Mississippi Valley. In conclusion he
calls attention 10 the detailed statements bearing
the subject Of his inquiry which we're furnished him
by the various local authorities, and which he
mts as appendix 10 his report
The message, report and accompanying documents
all ordered TO be printed and lie on the table