of the
Operation of that Establishment during the Year 1816.
Read, and Ordered to lie upon the Table.
. . . . . . . .
To the Senate and House of Representatives of the United States.
I communicate, for the information of Congress, the report of the director of the Mint, of the operation of that establishment during the last year.
JAMES MADISON
January 6th, 1817.
. . . . . . . .
Mint of the United States.
January 1st 1817
Sir,
I have now the honour of laying before you, a report of the operations of the Mint during the last year.
From the statement of the Treasurer, herewith, transmitted, it will appear, that within the, above period, there have been struck and emitted -
In silver coins, 67,153 pieces, amounting to 28,575 dollars and 75 cents; and in copper coins, 2,820,982 pieces amounting to 28,209 dollars and 28 cents.
The amount of the latter would have been considerably greater, had it not been for a disappointment in the supply of copper. Measures, however, are now taken, to prevent such disappointments in future.
The stagnation which has for some time existed in the circulation of specie currency, has almost totally prevented the deposits of gold and silver bullion for coinage. But there is now a prospect that this will not long continue to be the case - the Mint having, at this time, in its vaults deposits, of these metals to a very considerable amount.
The repairs of the Mint, which you were pleased to authorize, are now nearly completed. A substantial brick building has been erected on the site formerly occupied by an old wooden building; and in the apparatus and arrangement of machinery, which have been adopted, many important improvements have been introduced. Among these is the substitution of a steam-engine, for the horse-power heretofore employed. A change which, it is believed, will not only diminish the expenses of the establishment, but greatly facilitate all its principal operations.
I have the honour to be,
Sir,
With the greatest respect,
And esteem, your most obedient servant,
R. PATTERSON.
. . . . . . . .
James Madison,
President of the United States.
Of the Coins struck at the the Mint of the United States, from the 1st of January to the 31st of December, 1816, inclusive: viz.
| Silver Coins, | 47,150 | Half Dollars, | 28,575 | 75 |
| 20,003 | Quarter Dollars, | |||
| Copper Coins, | 2,820,982 | Cents, | 28,209 | 82 |
| Number of Pieces, | 2,888,135 | Total amount in Dollars, |
56,785 | 57 |
Mint of the United States, Treasurer's Office, Philadelphia, 31st December, 1816.
JAMES RUSH.
Of the Ordinary Expenses of the Mint of the United States, from the 1st of January, to the 31st of December, 1816, inclusive: viz.
| Amount Paid in | Salaries of the Officers and Clerks, | 9,600 | 00 |
| Ditto | Wages of Labourers, | 3,711 | 08 |
| Ditto | Incidental and contingent expenses and repairs, | 4,930 | 92 |
| Dollars, | 18,242 | 00 | |
Mint of the United States, Treasurer's Office, Philadelphia, 31st December, 1816.
JAMES RUSH.