24th Congress,
2d Session.
[Doc. No. 96.]
Ho. of Reps.
Executive.

UNITED STATES MINT.


MESSAGE
from the
PRESIDENT OF THE UNITED STATES,

Transmitting
The Annual report of the Director of the Mint.


January 23, 1837.

Read, and laid upon the table.


To the House of Representatives of the United States:

I herewith transmit a copy of the annual report of the Director of the Mint, at Philadelphia, showing the operations of that institution during the past year; and, also, the progress made towards completion of the branch mints in Notrth Carolina, Georgia, and Louisiana.

ANDREW JACKSON.

January 19, 1837.


Mint of the United States,
Philadelphia, January 17, 1837

Sir: In compliance with the law which requires that, “in the month of January of every year, the Director shall make report to the President of the United States of the operations of the Mint and its branches for the year preceding,” I have the honor to submit to you the following statement.

The coinage executed in 1836 period has amounted to $7,764,900, comprising $4,135,700 in gold, $3,606,100 in silver, and $23,100 in copper, and composed of 13,719,333 pieces of coin. (Statement A.)

This amount of coinage is greater, not only in the aggregate, but both as to gold and silver, than of any previous year since the establishment of the Mint. (See annexed table.)

The deposites of gold within the year have amounted, in round numbers, to $4,084,000, (Statement B.) The greater part of this important addition to our metallic currency is due to the wise measure of introducing the payments of the French indemnity in gold. The bullion derived from the mines of the United States was but $467,000. (Statement C.) The exhaustion of the surface and deposite mines, and the very profitable employment of labor in raising cotton at the present prices, are obvious reasons for the diminished production of the gold mines of the Southern States, indicated by the quantity brought to the Mint. Of the immense wealth which these mines contain, there cannot, however, be any doubt; and individuals well informed with regard to them express a perfect confidence that they are destined at a future, and perhaps an early, day, to yield gold in such quantity as to exert an extensive and beneficial influence upon the circulation of the country.

The amount of gold bullion in our vaults, at the end of the year, was $18,306; no part of which was deposited earlier than November 28. The amount of silver remaining uncoined is $306,315; no part of which was deposited earlier than November 18.

In the gold coinage, the proportion of quarter eagles was much greater than in any former year,the number of these pieces being 547,986; while the number struck before this, from the time the Mint was established, was only 309,034.

The coinage of dollars has been intermitted at the Mint since the year 1805, so that the unit of our monetary system was rarely to be met with in circulation. At the close of the last year, this coinage was resumed; and no pains were spared to make the new coin a more creditable speimen of taste and art than the old. I am happy to know that the efforts used for this purpose have met with your approbation.

The last year has been marked by the introduction of important improvements in every department of the Mint.

Changes have been made in the arrangements for assaying, which place this part of our establishment upon a footing with the most perfect in Europe.

For making the ingots, a new system of melting and pouring has been introduced, which, without any increase of labor, will more than double the work that can be done in this department. In the refinery, the process of recovering the silver from its solution, after the separation of gold, has been completely changed, so as to avoid the noxious fumes which attended the old method, to obtain the results much more rapidly, and greatly to reduce the expense. The pulverizing and sifting of the waste-stuff, always heretofore performed by hand, are now, by the introduction of suitable machinery, executed entirely, and much more effectually, by steam power.

Before the last year, the dies were formed only in part from the hub — much work still remaining to be executed by the engraver before they were ready for coining. By a modification of the process lately introduced, the entire impression on the die is transferred by the aid of the press alone; thus, not only saving much unnecessary labor to the engraver, but securing the desirable object of making the dies, for the same denominations of coins, exact fac-similies of one another.

On the 23d of March last, the first steam coinage in America was executed at this Mint; and the performance of the press, in which the power of the lever is substituted for that of the screw, has answered all our expectations. Since that time, all the copper coins have been struck by this press, and it has been lately used with success for coining half dollars. The workmen are now engaged in making other steam presses; and, as these are completed, the coining by human labor will be abandoned, and the work that can be executed in this department of the mint will be greatly increased. The milling of the pieces, heretofore done exclusively by hand, is now, by means of an instrument contrived and made here for that purpose, also executed by the power of the steam engine.

Although much has been thus accomplished, the improvements required at the Mint are still incomplete; and much must yet be done to give to the institution all the efficiency of which it is susceptible. No exertions shall be spared, until this desirable end is attained.

A most important measure, with regard to the Mint, is the recent act of Congress which gives it, for the first time, a complete legal organization. In this act, the recommendations made in my last report, of a mint deposite, and the change of our complicated standards to the simple one of nine-tenths, both for gold and silver, have been adopted.

The appropriation of $200,000 not having been found sufficient to procure the machinery and erect the whole building for the branch mint at New Orleans, contracts were made only for the centre building and one of the wings. The commissioner reports to me that these are, or soon will be, so far completed as to receive the machinery, and admit the operations to be carried on upon a limited scale. It is desirable, however, that the whole building should be finished without delay, and an appropriation has been asked for this purpose. The machinery for this mint has been made here, and, with the exception of the presses, which are nearly completed, has been sent to New Orleans, where it has arrived safely. A contract has been made with a competent engineer for fitting up the whole machinery, including the steam engine, in complete working order.

The buildings for the branch mints at Charlotte and Dahlonega are far advanced, and it is expected that they will be completed in the course of the next spring. Nearly all the machinery for these mints is already finished, and the whole will be forwarded as soon as the buildings are ready to receive it.

Unless some difficulties occur, which I do not foresee, all the branch mints may certainly be put in operation in the course of the present year.

I have the honor to be, sir, With high respect, Your faithful servant,

R.M. PATTERSON,
Director of the Mint.

To the President of the United States.


A.

Statement of the coinage of 1836, at the Mint of the United States.

Denominations. Pieces. Value.



Gold.—Half eagles 553,147 $2,765,735
Gold.—Quarter eagles 547,986 1,369,965
Whole number of pieces.

1,101,133 4,135,700


Silver.—Dollars 1,000 1,000
Silver.—Half dollars 6,546,200 3,273,100
Silver.—Quarter dollars 472,000 118,000
Silver.—Dimes 1,190,000 119,000
Silver.—Half dimes 1,900,000 95,000


10,109,200 3,606,100


Copper.—Cents 2,111,000 21,110
Copper.—Half cents 398,000 1,990


2,509,000 23,100


Whole number of pieces 13,719,333 7,764,900


B.

Statement of gold deposites at the Mint in 1836.

The deposites of gold for coinage amount to $4,084,000
Coins and bullion from Mexico and South America     
Of which was received from the United States, viz:
   Virginia $62,000
   North Carolina 148,100
   South Carolina 55,200
   Georgia 201,400
   Tennesse 300

$467,000
Coins of the United States of old standard 5,000
Coins and bullion from England 230,000
Do. do. from France 3,160,000
Do. do. from other European States 75,400
Do. do. from Mexico and South America 124,700
Bullion from Africa 8,700
Jewellers’ base gold 13,200

$4,084,000


C.

Statement of the annual amounts of deposites of gold, for coinage, from the mines of the United States.

Years. Virginia. North
Carolina.
South
Carolina.
Georgia. Tennessee. Alabama. Not
ascertained.
Total.
1824 $5,000 $5,000
1825 17,000 17,000
1826 20,000 20,000
1827 21,000 21,000
1828 46,000 46,000
1829 $2,500 134,000 $3,500 140,000
1830 24,000 204,000 26,000 212,000 466,000
1831 26,000 294,000 22,000 176,000 $1,000 $1,000 520,000
1832 34,000 458,000 45,000 140,000 1,000 678,000
1833 104,000 475,000 66,000 216,000 7,000 868,000
1834 62,000 380,000 38,000 415,000 3,000 898,000
1835 60,400 263,500 42,400 319,900 100 $12,200 698,500
1836 62,000 148,100 55,200 201,400 300 467,000








374,900 2,465,600 298,100 1,680,300 12,400 1,000 12,200 4,844,500


D.

Tabular Statement of the amount of coinage at the Mint,in the several denomiations of coin, from the commencement of its operations until the 31st of December, 1836, inclusive.

Periods. Eagles. Half eagles. Quarter eagles. Dollars. Half dollars. Quarter dollars. Dimes. Half dimes. Cents. Half cents. Pieces of gold. Value of gold. Pieces of silver. Value of silver. Pieces of copper. Value of copper. Whole coinage in pieces. Whole coinage in value.
1792
to
1795
2,795 8,707 204,791 323,144 86,416 1,066,033 142,534 11,502 $71,485 00 614,351 $370,683 80 1,208,567 $11,373 00 1,834,420 $453,541 80
1796 6,934 6,196 963 72,920 3,918 5,894 22,135 10,230 974,700 115,480 14,093 102,727 50 115,097 79,077 50 1,090,180 10,324 40 1,219,370 192,129 40
1797 8,323 3,609 859 7,776 252 25,261 44,527 897,510 107,048 12,791 103,422 50 77,816 12,591 45 1,004,558 9,510 34 1,095,165 125,524 29
1798 7,974 24,867 614 327,536 27,550 979,700 33,455 205,610 00 355,086 330,291 00 979,700 9,797 00 1,368,241 545,698 00
1799 17,483 7,451 480 423,515 904,585 12,167 25,414 213,285 00 423,515 423,515 00 916,752 9,106 68½ 1,365,681 645,906 68½
1800 25,965 11,622 220,920 21,760 24,000 2,822,175 211,530 37,587 317,760 00 266,680 224,296 00 3,033,705 29,279 40 3,337,972 571,335 40
1801 29,254 26,006 54,454 30,289 34,640 33,910 1,362,837 55,260 422,570 00 153,293 74,758 00 1,362,837 13,628 37 1,571,390 510,956 37
1802 15,090 53,176 2,612 41,650 29,890 10,975 13,010 3,435,100 14,366 70,878 423,310 00 95,525 58,343 00 3,449,466 34,422 83 3,615,869 516,075 83
1803 8,979 33,506 423 66,064 31,715 33,040 37,850 2,471,353 97,900 42,908 258,377 50 168,669 87,118 00 2,569,253 25,203 03 2,780,830 370,698 53
1804 9,795 30,475 3,327 19,570 156,519 6,738 8,265 756,838 1,055,312 43,597 258,642 50 191,092 100,340 50 1,812,150 12,844 94 2,046,839 371,827 94
1805 33,183 1,781 321 211,722 121,394 120,780 15,600 941,116 814,464 34,964 170,367 50 469,817 149,388 50 1,755,580 13,483 48 2,260,361 333,239 48
1806 64,093 1,616 839,576 206,124 348,000 356,000 65,709 324,505 00 1,045,700 471,319 00 704,000 5,260 00 1,815,409 801,084 00
1807 84,093 6,812 1,051,576 220,643 165,000 727,221 476,000 90,905 437,495 00 1,437,219 597,448 75 1,203,221 9,652 21 2,731,345 1,044,595 96
1808 55,578 2,710 1,368,600 1,109,000 400,000 58,288 284,665 00 1,368,600 684,300 00 1,509,000 13,090 00 2,935,888 982,055 00
1809 33,875 1,405,810 44,710 222,867 1,154,572 33,875 169,375 00 1,450,520 707,376 00 1,377,439 8,001 53 2,861,834 884,752 53
1810 100,287 1,276,276 6,355 2,458,500 215,000 100,287 501,435 00 1,282,631 638,773 50 1,673,500 15,660 00 3,056,418 1,155,868 50
1811 99,581 1,203,644 65,180 218,025 63,140 99,581 497,905 00 1,268,824 608,340 00 281,165 2,495 95 1,649,570 1,108,740 95
1812 58,087 1,628,059 1,075,500 58,087 290,435 00 1,628,059 814,029 50 1,075,500 10,755 00 2,761,646 1,115,219 50
1813 95,428 1,241,903 418,000 95,428 417,140 00 1,241,903 620,951 50 418,000 4,180 00 1,755,331 1,102,271 50
1814 15,454 1,039,075 421,500 357,830 15,454 77,270 00 1,460,575 561,687 50 357,830 3,578 30 1,833,859 642,535 80
1815 635 69,232 635 3,175 00 69,232 17,308 00 69,867 20,483 00
1816 47,150 20,003 2,820,982 67,153 28,575 75 2,820,982 28,209 82 2,888,135 56,785 57
1817 1,215,567 3,948,400 1,215,567 607,783 50 3,948,400 39,484 00 5,163,967 647,267 50
1818 48,588 1,960,822 361,174 3,167,000 48,588 242,940 00 2,321,496 1,070,454 50 3,167,000 31,670 00 5,537,084 1,345,064 50
1819 51,723 2,208,000 144,000 2,671,000 51,723 258,615 00 2,352,000 1,140,000 00 2,671,000 26,710 00 5,074,723 1,425,325 00
1820 263,806 751,122 127,444 942,587 4,407,550 263,806 1,319,030 00 1,821,153 501,680 70 4,407,550 44,075 50 6,492,509 1,864,786 20
1821 34,641 6,448 1,305,797 216,851 1,186,512 389,000 41,089 189,325 00 2,709,160 825,762 45 389,000 3,890 00 3,139,249 1,018,977 45
1822 17,796 1,559,573 64,080 100,000 2,072,339 17,796 88,980 00 1,723,653 805,806 50 2,072,339 20,723 39 3,813,788 915,509 89
1823 14,485 1,694,200 17,800 440,000 14,485 72,425 00 2,152,000 895,550 00 2,166,485 967,975 00
1824 17,340 2,600 3,504,954 1,262,000 19,940 93,200 00 3,504,954 1,752,477 00 1,262,000 12,620 00 4,786,894 1,858,297 00
1825 29,060 4,434 2,943,166 168,000 510,000 1,461,100 63,000 33,494 156,385 00 3,621,166 1,564,583 00 1,524,000 14,926 00 5,178,760 1,735,894 00
1826 18,069 760 4,004,180 1,517,425 234,000 18,829 92,245 00 4,004,180 2,002,090 00 1,751,425 16,344 25 5,774,434 2,110,679 25
1827 24,913 2,800 5,493,400 4,000 1,215,000 2,357,732 27,713 131,565 00 6,712,400 2,869,200 00 2,357,732 23,577 32 9,097,845 3,024,342 32
1828 28,029 3,075,200 102,000 125,000 2,260,624 606,000 28,029 140,145 00 3,302,200 1,575,600 00 2,866,624 25,636 24 6,196,853 1,741,381 24
1829 57,442 3,403 3,712,156 770,000 1,230,000 1,414,500 487,000 60,845 295,717 50 5,712,156 1,994,578 00 1,901,500 16,580 00 7,674,501 2,306,875 50
1830 126,351 4,540 4,764,800 510,000 1,240,000 1,711,500 130,891 643,105 00 6,514,800 2,495,400 00 1,711,500 17,115 00 8,357,191 3,155,620 00
1831 140,594 4,520 5,873,660 398,000 771,350 1,242,700 3,359,260 2,200 145,114 714,270 00 8,285,710 3,175,600 00 3,361,460 33,603 60 11,792,284 3,923,473 60
1832 157,487 4,400 4,797,000 320,000 522,500 965,000 2,362,000 161,887 798,435 00 6,604,500 2,579,000 00 2,362,000 23,620 00 9,128,387 3,401,055 00
1833 193,630 4,160 5,206,000 156,000 485,000 1,370,000 2,739,000 154,000 197,790 978,550 00 7,217,000 2,759,000 00 2,893,000 28,160 00 10,307,790 3,765,710 00
1834 732,169 117,370 6,412,004 286,000 635,000 1,480,000 1,855,100 120,000 849,539 3,954,270 00 8,813,004 3,415,002 00 1,975,100 19,151 00 11,637,643 7,388,423 00
1835 371,534 131,402 5,352,006 1,952,000 1,410,000 2,760,000 3,878,400 141,000 502,936 2,186,175 00 11,474,006 3,443,003 00 4,019,400 39,489 00 15,996,342 5,668,667 00
1836 553,147 547,986 1,000 6,546,200 472,000 1,190,000 1,900,000 2,111,000 398,000 1,101,133 4,135,700 00 10,109,200 3,606,100 00 2,509,000 23,100 00 13,719,333 7,764,900 00