Eureka weekly sentinel. [volume] (Eureka, Nev.) 1887-1902, 1898-01-08

d6ntlemen can readily unoerstand tnat
II they should allow only one pound OF
bullion TO be coined there In yesr, the
cost of coming that one pound must be the
entire salary list of the mint for the year !;
so that the cost OF coinage will depend upon
the amount OF bullion that is put into the
mint for coinage, and il the silver which is
naturally tributary 10 that mint is taken
5000 miles away and stored in Philadel-
phia for coinage, that will necessarily re-
suit In . high cost Of coinage for the small
amount that is permitted to be done at
Carson. What / contend is that prscti-
cally under the appropriation Of last year
the mint at Carson has been simply turned
into an assay Office,
The appropriation 10 very limited one
and all ask is the continuation of that
appropriation until, at all events, the fnan-
cial question. which interests this country
20 much, is settled, SO that we may see the
pledge of the Republican party
for the restoration Of the coinage
OF silver in some form Ecarried out,
either by in Sensational action or by such
form OF national action as in their judg-
msnt will maintain the two money metals
at parity, or, at sll events, until we
have Witnessed the result OF the new
search for gold in Nevada. which at pres
en-. gives most encouraging indications,
the product last year, as l am told, being
nearly S3,000.000
This Office at Carson under the present
appropriation 10 already made practically
an Assay Office. The appropriation / be-
lieye, calls for only S33, 900. 1t seems TO me
that, considering the fact that Nevada is
o.dsy either the fourth or fifth bullion
producing State in this country. IL is en-
titled to this recognition by the govern
ment and that its requirements can not
be properly and wisely met by ths govern
msnt except by furnishing the customary
facilities TO the miners OF that region.
There is already g handsome building
there for which not even q watchm an is
provided.
Mr.. Bingham-Provision of that kind
will be made in the sundry civil bill,
which provides for the care Of the public
buildings Of the country. That 10 not
done in this bill.
Mr.. Dinglsy-Is ii proposed that simply
an assay Office shall be conducted there,
or an assay Office and q mint?
Mr.. Newlauds- The proposition is TO
keep ID as q full mint but the entire ap-
preparation is cut down from the large
amount formerly granted to only $4,000.
Mr.. Bingham-Thirty. two thousand five
hu ndred dollars.
Here the hammer fell.
Mr.. Bingham-H the gentleman from
Nevada. desires five minutes more, ask
unanimous consent that he be allowed TO
proceed.
There was no objection.
Mr.. Newlsnds-With reference TO the
silver bullion now at the Philadelphia
mint, The director OF the mint testified
that they could not coin 10 fast enough;
that they had to work their men, l be-
lieve, from sixteen to eighteen hours
day.
Mr.. Bingham-Thst Was on the minor
coinage.
Mr.. Newlands-Yet we have that ac-
cnmulation there under the Sherman act
awaiting coinage; /. Is impossible to mint
that bullion because OF the want of mint
facilities. In the West we have mint IA
cilities. We have this amount OF bullion
properly belonging 10 that region and the
only reason given for tina discontinuance
Of this mint has been that the bullion
which We produce has been taken from us
90 Philadelphia.
Mr. Dingley-Before the gentleman
takes his seat / should like to ssk ques-
tion for information. Is any silver bullion
purchased under the Sherman act coined at
the Carson mint2
Mr.. Newlands-There has been. / am
not aware that there is any now.
Mr.. Dingley-Then there would be
nothing coined there except goldf
Mr.. Newlands-I presume so, though
I'm not informed.
Mr.. Dingley-Now, al an ssssy office
20 Id bullion can be deposited and the
check Of the governmsnt given therefor
iust the same as would be done at mint.
The bullion owner gets precisely the same
privilege al an assay Office as Of mint.
When The gold bullion 10 deposited, he
receives a check from the government At
once tor the amount OF coin which the
bullion represents although IL is not ut
once coined. Thus that bullion 10 prao
tcslly converted into money as the mint
price. The person bringing the bullion
there never has TO wait for his money on-
til the bullion is coined. The privilege ID
this res pect of the bullion owner Is pre-
eisely the same at an assay office as at
mint.
Mr.. Newlands-If what the gentleman
states is done, / think IL ia very bad policy.
think the man who brings the bullion
ought 10 get the coin which that bull
lion produces and he enght to
get that coin as near TO the point
OF produ duction as possible. The point OF
the production OF the bullion ought to be
the center for the distribution OF the
money.
Mr. Shafroth-As I understand, this
bill discont ntinues the office as Carson City,
even as an assay Office.
Mr.. Dingley-I so understand. The
object of my inquiry was to ascertain what
the amendment proposes. AS under
stand the proposition is TO have both an
assay Office and mint at Carson.
Mr.. Shafroth-Yes, cir.
Mr.. With reference to the
gold deposits st Carson. the director OF
the mint says that in the year preceding
they amounted TO 100000. Yet OF New
Orleans, where the same appropriation 10
made a. heretofore. the mint deposits we're
only $3.50 600, while 3. st Louis they were
only from 100000 TO 100000. From
these figures gentlemen can judge the
absolute uufairness with which this ques-
tion has been treated. In consideration
OF the fact that this whole question oil
coinsge is now awaiting the financial legis-
lation of the next two or three years II
seems TO me an unwise thing to close any
~ Aha xni In ta nf tina rniked Stateg, i sub