Show PROfITS PROfITS' IN MAKING COIN oi Of jj TUE RAL llAM 1 Undo Uncle Sam makes tho gold old coin practically without cost to tho the owner of ot the bullion he be makes wakes sufficient profit called It e II on the silver sil coinage and tho the nickels and pennies manufactured d at his mints during tho the year nr to do a great deal more moro than pay all n expenses of or maintaining tho the mints and assay offices lie He buys tho the silver nickel and copper copper copper cop cop- per per at it its bullion value aloe which in the tho c easo so of silver costs about half the face faco value of the coin made mado from it Tho The actual cost rost of a n nickel nickol or 5 5 cent picco at atthe tho the present price prica of metal including the labor Jabor and coining expenses is 8 about two fifths of a n cent each and the cost costol of ol a n 1 piece picco including metal labor la Ia- bor bore c etc c. c is about one fifth of a cent each In addition to the profits on silver coinage oina e says tIle the National Magazine azine tho the government was Wu a n source of ot re revenue reve reve- e nue and profit from frODl char charges cs for refining deposits of or gold old and silver char charges es el for forthe tho the alloy y u d in makin making the tho cam cain assaying as- as flain saying paying makin making medals ls salo saID of byproducts prod by nets from the tho refining operations and the thc coining of ol money for other govern govern- o ern ments ment Tho The total earnings of tho mint and a assay 3 ser icA for tho the fiscal year rear ended Juno Junc 30 10 1908 was ns 1094 while tho the total c expenditures for tho the entire service seri including salaries wages of workmen contingent expenses and the boss looss in operations amounted to 1 leaving a total profit of ES- ES S- S Of this income for the term above c stated the on tho the eliver sil eli vcr ver coin was is and tho the I on the minor minor coinage for forthe the tame same period was |