Read, and ordered to lie upon the table.
Washington, D.C., January 15, 1834.
Sir: I transmit to Congress, a report from the Director of the Mint, exhibiting the operations of that institution during the year 1833.
The Hon. the Speaker of the House of Representatives.
Mint of the United States,
Philadelphia, 1st January, 1834.
Sir: I have the honor to submit a report on the general transactions of the Mint during the last year.
The coinage effected within that period amounts to $3,765,710; comprising $378,550 in gold coins, $2,759,000 in silver, $28,160 in copper, and consisting of 10,307,790 pieces of coin, viz.
Of the amount of gold coined within the past year, about $85,000 were derived from Mexico, South America, and the West Indies; $12,000 from Africa; $868,000 from the gold region of the United States, and about $13,000 from sources not ascertained.
Of the amount of gold of the United States above mentioned, about $104,000 may be stated to have been received from Virginia; $475,000 from North Carolina; $66,000 from South Caroline; $216,000 from Georgia, and about $7,000 from Tennessee.
The annexed statement exhibits the quantity of gold received from the several districts of the United States, which have thus far produced it in quantities sufficient to be an object of regard, commencing with the year 1824. Previously to that period, gold had been received at the Mint only from North Carolina, from which quarter it was first transmitted for coinage in 1804. During the interval, however, from that date to 1823 inclusive, the average annual amount had not exceeded $2,500.
In the report of 1st January, 1833, it was remarked that the quantity of gold of the United States, brought to the Mint in the year 1832, was regarded, according to estimates entitled to great respect, as not much exceeding one-half of the quantity produced from the mines within that year; nearly an equal amount being supposed to have been exported uncoined, or consumed in the arts. Nothing has since occurred to create a doubt of the correctness of that conjecture. It is altogether probable that the remark is equally true in regard to the last year, and that the amount of gold derived from the United States within that period has exceeded one million and a half of dollars. This sum, it is believed, is not less than about one-fifth of the amount of gold produced within the same period, from all other sources, in Europe and America, estimated according to the best authorities.
I have the honor to be, With great respect, Your obedient servant,
Director of the Mint U.S.
The President of the United States.
Statement of the amount of gold produced annually from the gold region of the United States, from the year 1824 to 1833, inclusive.