Charles Sumner: his complete works, volume 11 (of 20)Sumner, Charles
History
Charles Sumner: his complete works, volume 11 (of 20)
Sumner, Charles
Slavery -- United States; Speeches, addresses, etc., American
Objection is also made on the ground that a mint is necessarily
an expensive structure. But this is a mistake, arising partly from
the general mystification on the subject, and partly because the
Philadelphia mint, which we have all seen, is an expensive structure. A
mint, in plain terms, is nothing but a foundry provided with good locks
and keys. If finished elaborately and expensively, it may attract the
eye, but does not become more useful. The whole system of coinage has
been twice changed during the present generation: first, by the change
in assays of Gay-Lussac in 1830; and, secondly, by the introduction of
the Munich press worked by steam, instead of the old hand-press with
two ponderous balls as flies. And the Munich press itself has been much
improved in France by Thonnelier. Now a mint should not be so costly
as not to receive easily all improvements. The science of metallurgy
is still in progress of development, and it cannot be doubted that the
coming generation will witness improvements as important as any during
our day. The eminent French authority to whom I have already referred,
Dumas, was in the habit of ridiculing the expensive mints constructed
in France. He desired that the present mint at Paris should be
surrendered to some public office, and the business removed to an open
space in the suburbs. In his Report he has furnished estimates showing
the small expense of a mint, according to his ideas, adequate to all
the coinage of France.
If you would see how the cost of a mint in our country may swell,
at least in calculations on paper, if not in reality, I refer you
to the memorial of the Board of Trade of Philadelphia in relation
to the establishment of a branch mint at New York in 1852. But the
mint pictured here is anything but the simple foundry which I have
described, or the workshop which the Senator from Oregon asks you to
authorize.
Public-domain text, read in full here on John Shaqi.
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