Communicated to the Senate, March 10, 1820.
Washington, March 10, 1820.
To the Senate of the United States:
I transmit to Congress a report from the Director of the Mint, of the operations of that institution during the last year.
Mint of the United States, January 1, 1820.
I have now the honor of laying before you a report of the operations of the Mint during the last year.
From the statement of the treasurer, accompanying this report, it will appear that, within the above period, the coinage has been—
|In gold, 51,723 pieces, amounting to||$258,615|
|In silver, 2,352,000 pieces, amounting to||1,140,000|
|In copper, 2,671,000 pieces, amounting to||26,710|
|Making, in the whole, 5,074,723 pieces, amounting to||$1,425,325|
The amount of coinage would have been considerably greater had a sufficient supply of bullion been regularly furnished; but, for four or five months, no deposites of any consequence were received. During this interval, however, the workmen were advantageously employed in completing and improving the buildings and machinery belonging to the establishment; and it is now believed to be fully competent to coin all the gold and silver which it is probable will hereafter be received, as well as to carry on the copper coinage to any desirable amount; for, even with a single press, at the rate it is now working, eighty tons (seven and a half millions of cents) may be coined in the course of a year.
I have the honor to be, sir, with the greatest respect, your most obedient servant,
James Monroe, President of the United States.
A statement of the coins struck at the Mint of the United States, from January 1to December 31, 1819, viz:
Mint of the United States, Treasurer’s Office, Philadelphia, December 31, 1819.