Ye Olde Mint: Being a brief description of the first U.S. Mint, established by Congress in the year 1792, at Seventh Street and Sugar Alley (now Filbert Street) PhiladelphiaStewart, Frank H.
History
Ye Olde Mint: Being a brief description of the first U.S. Mint, established by Congress in the year 1792, at Seventh Street and Sugar Alley (now Filbert Street) Philadelphia
Stewart, Frank H.
37-39 North Seventh Street (Philadelphia, Pa.); Historic buildings -- Pennsylvania -- Philadelphia; Mints -- United States -- History; Old United States Mint (Philadelphia, Pa.); Philadelphia (Pa.) -- Buildings, structures, etc.
On February 18, 1836, Francis Hopkinson, Clerk of the District and
Circuit Courts of the United States of America for the eastern district
of Pennsylvania, appeared before John Swift, Mayor of the City of
Philadelphia, and on his oath said he was acquainted with the signatures
of both Jackson and Forsyth and was satisfied they were their own and
proper signatures.
The neighborhood of the old mint is rich in traditions regarding it, and
it may happen that when the buildings are torn down some of them will be
substantiated.
During the War of 1812 Dr. R. M. Patterson, Adam Eckfelt and Joseph
Cloud, respectively director of the mint, chief coiner, melter and
refiner, were engaged at the Breast Works at Grays Ferry, and, as these
gentlemen were the chief employees of the mint at the time, it is highly
probable there was considerable alarm over the safety of the mint. Among
other traditions is one that the bullion, planchets and coins were walled
up and buried during this scare. The actions of the British at Washington
showed their tendency towards destruction of government property.
An old lady living in West Philadelphia has the original appointment
of her ancestor, Joseph Cloud, to his position in the mint, signed by
Washington. She would not even allow it to be photographed for fear
something might happen to it while in the photographer’s hands.
Biddle’s Directory of 1791 gives the address of Michael Shubart,
distiller, as 29 North Seventh Street; Hardie’s 1793 directory gives
the mint at 29 North Seventh Street, which indicates that a change of
numbers in the mint property has been made since that time. Shubart was
a prominent Philadelphian; during the Revolution he was a city assessor,
and on one occasion took an unconditional oath while his colleagues
made a reservation. In the elaborate pageant of July 4, 1788, he bore
the Standard at the head of the distillery section, followed by other
notables engaged in that business.
Daniel Roberdeau, mentioned elsewhere as an owner of part of the mint
grounds, at one time was a brigadier-general of militia, and his name
appears frequently in the Revolutionary Annals of Philadelphia as a man
of pronounced ideas and stern character.
The beginning of the mint establishment may be traced back to the
articles of Confederation, dated July 9, 1778, which contained the
following: “The United States in Congress assembled shall also have the
sole and exclusive right and power of regulating the alloy and value of
coin struck by their own authority or by that of the respective States.”
The Constitution of the United States, September 17, 1787, contains in
Article I, Section 8: “The Congress shall have power to coin money,
regulate the value thereof and of foreign coins”; and further, “No State
shall coin money, emit bills of credit, make anything but gold and silver
coin a tender in payment of debts.”
Analysis of the above will show the reason why the various States
discontinued their own coinage.
Public-domain text, read in full here on John Shaqi.
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