The New York herald., 1878-02-20
SILVER COINAGE.

Mr.. LTNDEMANN, DIRECTOR OF THE UNITED
STATES MINTs, THINKS HE CAN COIN THREE
MILLION SILVER DOLLARS PER MONTH II
NECESSARY.
HERALD reporter paid n visit 10 the Now York
Hotel yesterday afternoon, and meeting Mr.. Linde.
mann. the Director OF tho United States MINIS had
quite interesting conversation relation TO the
capabilities of tho United States mints to turn out
coin accordance with the demand that will b
created by the passage Of tho Silver bi H. The follow
ing conversation ensued:-
REpoRrER-I am anxious TO obtain some nforma.
tion, Mr.. Lindemann, tho coin that can
be turned out every month by United States mints
II they should be obliged 10 test their capaoityP
Mr. LlNDgMANx-There s trouble about the
mints, as they were IN better oracr and Il
called upon they will turn out all the CON-
REpoRrxR-It the Silver bill should become law can
they coin 81. 100000 per month";
Mr.. I.xDxMASS-I certainly think they can ana .
million moro If necessary.
REroRrER-H How much preparation would you re-
quro aitcr tho passage OF the bill 10 10 enable
you to meet the demaudr
Mr.. LrNDEMANN-lt would probably take 10 about
couple OF weeks to manufacture the dies and then we
coald set four presses 10 work in the Philadcpnia
would probably not be able TO commence work until
about thirty days aftcr tho oil had become law a.
the dies would have to be manufactured and then
shipped to the Pacific slopo
REroRrER--Aow soon would you bo running at
your most capacity?
Mr. LIsDEMANN-Probably In about two months
after the passage OF the Silver bill tY
CAPACITIES ov THE
RKPoRTER-What would you then DO able TO coin per
month";
Mr.. LrspEMAsS-wo could coin about million and
a half at the San Francisco lint and tho same auap.
tity at the Philadelphia mint, making about Ihros
million silver dollars In ALL
REPoRTER-What would you do thon In regard u
he &c
Mr.. LiSDEMASS-we could coin three million sil.
yer dollars per month and save four or five days,
which woulu be all that Is necessary coin small
silver and requisite amount OF gold
RKroRrKR-About what quantity OF gold and small
silver would you have to coin pcr MONTH
Mr. LxDEMASN-About nve millions IN gold double
eagles ana 100000 s4dO,OOo In small silver cur.
| rcncy.
RKronrrR-what silver dollars do you expect yos
| will coing
Tor the number Of trado dollars that snail bc
coined and that Will probably DO lett 10 tho discretion
| oi the Secretary Of the Treasury.
KKPoRTgR-In yeur own estimation, Eow many
| trade dollars Will you coin per month";
ME LrSDKnAAS-l should think we Will probably
have TO coin about i've or Blk hundred thousand in
order to supply the demand tor the China trade
REroErsR-How much coin could four presses turn
out II Kept constantly NJ work.
Mr. LIsDExAxs--They could probably stamp more
coin ,nan we could get ready. Tne machinery In the
mihts Is good as can be obta,ned Tor tbc quick
working OF the metal, ana but the best me.
chanics ara employed do not think thorc will bc any
dcalty 10 keeping up the supply OF silver co'n pro-
REroRrER-what DO you think about tho chances Of
tho biY
Mr. LiNDEMANy-ln my opinion Il will pass the
House exactly the condition IL lett Sen.
think the extremists both sides of tho ques
not sufficient powcr TO carry their measures
and tho vote will 20 with tho bill as it standA
KEPoKTER-Then YOU think thore is not much
doubt about IL becoming law?
Mr.. LINDEMASS-As 10 what tho President may do
have nothing 10 say; tnut Is mis- business and not
minc. lie will do what he considers right.
REpoRrER-Then you all prepared 10 60 TO WORK II
the bill becomes lawY
Mr.. LrsDyMAxs-Yss. str, tho machinery is all
ready and We await orocrs. the Dill is passed we
fourteen days. 1t will take US nearly that time 70
prepare the dies