Household Words, No. 15, July 6, 1850 : $b A weekly journal
General
Household Words, No. 15, July 6, 1850 : $b A weekly journal
English literature -- Periodicals
The future history of this metal is explained in three sentences; it is
coined at the Mint, distributed to the public, worn by friction (or
“sweated” by Jews) till it becomes light. What happens to it then we
shall see.
By a seldom failing law of monetary attraction nearly every species of
cash, “hard” or soft, metallic or paper, finds its way some time or
other back to the extraordinary Old Lady of Threadneedle Street. All the
sovereigns returned from the banking-houses are consigned to a secluded
cellar; and, when you enter it, you will possibly fancy yourself on the
premises of a clock-maker who works by steam. Your attention is speedily
concentrated to a small brass box not larger than an eight-day pendule,
the works of which are impelled by steam. This is a self-acting weighing
machine, which with unerring precision tells which sovereigns are of
standard weight, and which are light, and of its own accord separates
the one from the other. Imagine a long trough or spout—half a tube that
has been split into two sections—of such a semi-circumference as holds
sovereigns edgeways, and of sufficient length to allow of two hundred of
them to rest in that position one against another. This trough thus
charged is fixed slopingly upon the machine over a little table as big
as that of an ordinary sovereigns-balance. The coin nearest to the
Lilliputian platform drops upon it, being pushed forward by the weight
of those behind. Its own weight presses the table down; but how far
down? Upon that hangs the whole merit and discriminating power of the
machine. At the back, and on each side of this small table, two little
hammers move by steam backwards and forwards at different elevations. If
the sovereign be full weight, down sinks the table too low for the
higher hammer to hit it; but the lower one strikes the edge, and off the
sovereign tumbles into a receiver to the left. The table pops up again,
receives, perhaps, a light sovereign, and the higher hammer having
always first strike, knocks it into a receiver to the right, time enough
to escape its colleague, which, when it comes forward, has nothing to
hit, and returns to allow the table to be elevated again. In this way
the reputation of thirty-three sovereigns is established or destroyed
every minute. The light weights are taken to a clipping machine, slit at
the rate of two hundred a minute, weighed in a lump, the balance of
deficiency charged to the banker from whom they were received, and sent
to the Mint to be re-coined. Those which have passed muster are
re-issued to the public. The inventor of this beautiful little detector
was Mr. Cotton, a former governor. The comparatively few sovereigns
brought in by the general public are weighed in ordinary scales by the
tellers. The average loss upon each light coin, on an average of
thirty-five thousands taken in 1843, was twopence three farthings.
Public-domain text, read in full here on John Shaqi.
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