Ye Olde Mint


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The United States Mint in Philadelphia


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As the ink was drying on the Declaration of Independence, the Constitution, and other documents that established the United States, millions of Americans hungered for new legal tender coinage from the young sovereign nation. Following calls by Alexander Hamilton and other Founding Fathers for the nation to issue its own money, Congress passed legislation to officially establish the United States Mint in 1792. Growing from its humble beginnings as a collection of small buildings in the nation's onetime capital city of Philadelphia, the United States Mint now stands along Independence National Historical Park as the largest coin factory in the world. While the Philadelphia Mint is one of several official United States coin manufacturing facilities, it remains the heart of coining operations in the nation and is also one of the most popular attractions in "The City of Brotherly Love."




History of the First United States Mint: Its People and Its Operations


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Discover the fascinating history of the first United States Mint with Frank H. Stewart's detailed account of its people and operations. From its founding in 1792 to its 19th-century expansion and beyond, Stewart provides an in-depth look at one of America's most essential institutions. With detailed illustrations and photographs, this book is a must-have for anyone interested in American history or numismatics. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.







The Papers of Thomas Jefferson, Volume 34


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In Volume 34, covering May through July 1801, the story of Thomas Jefferson's first presidential administration continues to unfold. He quickly begins to implement his objectives of economy and efficiency in government. Requesting the chief clerk of the War Department to prepare a list of commissioned army officers, Jefferson has his secretary Meriwether Lewis label the names on the list with such descriptors as "Republican" or "Opposed to the administration, otherwise respectable officers." The president calls his moves toward a reduction in the army a "chaste reformation." Samuel Smith, interim head of the Navy Department, in accordance with the Peace Establishment Act, arranges for the sale of surplus warships. Secretary of the Treasury Albert Gallatin gathers figures on revenues and expenses and suggests improvements in methods of collecting taxes. Jefferson delivers an eloquent statement on his policy of removals from office to the merchants of New Haven, who objected to his dismissal of the collector of the port of New Haven. He makes clear that while his inaugural address declared tolerance and respect for the minority, it did not mean that no offices would change hands. On the twenty-fifth anniversary of the Fourth of July, Jefferson entertains around one hundred citizens, including a delegation of five Cherokee chiefs. And on 30 July, Jefferson leaves the Federal City for two months at Monticello.




The Papers of Thomas Jefferson, Volume 35


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For the first two months covered by this volume, Thomas Jefferson is residing at Monticello, avoiding the "rather sickly" season in the nation's capital. His mountaintop house finally has a roof and both daughters and their families come to stay with him. Using cowpox vaccine received from Benjamin Waterhouse, he undertakes what he calls "my experiment," the systematic inoculation of family members and slaves against the smallpox. In Washington, the construction of buildings for the nation's capital moves forward. The walls of the chamber of the House of Representatives now extend "up to the window heads," with only three feet more to go. Jefferson considers the erection of this chamber as well as completion of a "good gravel road" along Rock Creek as crucial for "ensuring the destinies of the city." The interior decoration of the President's House also progresses, with draperies, girandoles, and a chandelier furnishing the circular room. His carriage is ready to be shipped from Philadelphia. As the city takes shape, so too do the operating principles of Jefferson's administration. He dispatches a letter to his heads of department outlining "the mode & degrees of communication" for conducting their business. In mid-November, he enters a period of intense activity in the preparation of his first annual message to Congress, soliciting suggestions but personally drafting the document that he will submit in writing in early December.




A History of Money


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Introduces monetary history: money as coin, the development of credit and banking, and inconvertible paper money.




Among Our Books


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The Papers of Thomas Jefferson, Volume 36


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The period covered by this volume brings to a conclusion Thomas Jefferson's first year as president. On 8 December he communicates his first annual message to Congress: peace between France and England is restored; a rise in population will increase revenue and help abolish internal taxes; the standing army can be done away with; "peace & friendship" prevail with Indian neighbors. He recommends two particular matters to the attention of Congress: a revision of the laws on naturalization and a review of the Judiciary Act. Two delegations of Indian nations hold conferences with Jefferson and Secretary of War Henry Dearborn in Washington. Jefferson observes that it is good for them to "renew the chain of affection." The president receives a "Mammoth Cheese" as a token of esteem from the citizens of Cheshire, Massachusetts, and the letter from the Danbury Baptists arrives. In his famous reply to the Baptists, Jefferson states that "religion is a matter which lies solely between man & his god." Shortly after legislators arrive in town for the opening of Congress, he begins to entertain at the President's House. He uses such occasions to bridge the divide between the executive and legislative branches and foster political understanding between Republicans and Federalists. As he moves into his second year as president, he is optimistic about his legislative program and the Republican majority in Congress.