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Gazette Of The United States And Daily Evening Advertiser
Philadelphia, Philadelphia County, Pennsylvania
What is this article about?
On December 11, 1794, the U.S. Senate read a letter from Mint Director Mr. Rittenhouse detailing progress: 120,000 ounces of bullion received and refining ongoing, blank dollars ready but awaiting better press, copper on hand, buildings and machinery acquired, and nearly 10,000 dollars in cents coined and delivered to the Treasury. Letter dated October 28, 1794.
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Thursday, Dec. 11, 1794.
Mr. Rittenhouse Director of the Mint of the United States, in his letter read in the House of Representatives, states, that a beginning has been made in coining the precious metals. Near an hundred and twenty thousand ounces of bullion have been lodged in the mint, for coinage, but much of it is too base for the standard of the United States. It has been successively refined by the assayer, who is still going on with that process. A quantity of blank dollars are ready for coining, but a more powerful press is not yet got finished, in order to complete them for circulation. A great quantity of copper still remains on hand, part not yet refined. This will occasionally be wrought, so as not to interfere with the silver coinage. The expenses of the mint have hitherto been chiefly applied to preparatory measures or carrying on the establishment. Necessary buildings have been erected, such as furnaces for melting, refining and assaying, &c. For this purpose an additional lot of ground has been purchased, as also the very extensive machinery used in the operations of coining. Almost ten thousand dollars worth of cents have been coined, since the establishment of the mint, and paid into the treasury of the United States.
This letter is dated the 28th of October last.
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Domestic News Details
Primary Location
United States
Event Date
Thursday, Dec. 11, 1794 (Letter Dated 28th Of October Last)
Key Persons
Outcome
nearly ten thousand dollars worth of cents coined and paid into the treasury; ongoing refining of bullion and preparation for silver coinage.
Event Details
Letter from Mr. Rittenhouse, Director of the Mint, read in the Senate, reporting start of coining precious metals, 120,000 ounces of bullion lodged (much base, being refined), blank dollars ready but press unfinished, copper on hand to be processed separately, expenses on buildings (furnaces, etc.), additional ground and machinery purchased.