Fowle's New Hampshire Gazette And General Advertiser

PHILADELPHIA, August 2.

The vast increase of counterfeit coppers in this state, though it may, at the first view, appear an object of small moment, merits the attention of the community, particularly the trading world. The immense profit made by the traffic of bringing over this vile trash, is so strong an inducement, that unless proper steps are taken to prevent it, the remaining silver money of the country will be drained away for it, at one third of its value. It will then become necessary for the legislature to interfere; their circulation will probably be stopped, and every person will suffer this loss of as many of them as remain in his hands. It frequently happens on a new copper coinage for Ireland, when the base coin, which had been in circulation, becomes generally refused, that individuals, in retailing branches of business, lose twenty, thirty, forty, fifty, and sometimes even a hundred pounds, by the quantity remaining with them. There is an ingenious young man in this city, who understands perfectly well the management of a mint; and, if properly encouraged, could, with a very small sum of money, commence a copper coinage, which would be equal to the genuine British coppers, and besides giving employment to several working people, would save the country the sums of money at present drawn away for the coppers, as well genuine as counterfeit.