Show A im 1 UTAH the present is A very favorable ling lima to petition caig c s far 1 ir ilia et of a branch mint in utah tito whole qu question of coin if now being dicu fliri in tile tap u t i a att arpon d W by mr kelly of pennsylvania to a mint bureau tinder the direction if f the secretary of the treasury ry and ono one fact specially ally brought to light in this discua ton lon is favorable to tile of nn an effort 11 our part to have a branch mint estabi bcd in this city and that fact involves tile the iti estion of the cost of and cx ax a mint no one except dirties nir ties advar adver ely oly intuit bcd lcd will qu e liin lie he bonenti benefits that would accrue to the innab of this territory und and the contiguous milling regions region front froni tile the e of a mint itera here but petitions to cang ress of ilcia didis character cht aro are always met by ilia iho quits lion of costs and where the necessity is i ad dated dt ted such petitions are usually rera refusal jel ccase of tile expense of granting them B eliut ut this difficulty of the costs costi 3 ir i J by 1 ay iy the fact that it thop the present time lime our iri inas iro are money snaking making institutions that is ii estimating esti ti their aggregate beaming cai ninga mr james director of to adelphin i i A a ri aorl to lo lie llou lious liouc 01 ot ol appropriation gives c curious afta ta as to the value of our fractional 1 coins accompanied by a table showing the profit rando made by ilia government upon such coins from tile the statistics it appears that the cost cart rif of the metals and the iho coinage of ILI live a dollars worth of our smaller coma is as follow ful law the metal in one hundred liv eon t pieces i lasts ants filly five celet slid and coil lage linc luding nil ill cx ex pance pences eighty centi making a total ofa 35 the total cost of one hundred three cent pieces i 1 1103 1 03 and of one hildred two cent pieces piece is the profit made by the alio government upon alice kinds kinda of coin for the five years ending coding december 1809 1800 amounted to the sum orsi of 01 r 11 0 0 0 this official report bollock 1 0 1 1 1 ia is proof that our mints are a source of profit to tho the government and opposition to the establishment ore of a mint in ill this city because of its cott ought to be waived by congress in view of tile the fact that th aliis is cost will come from the awat on chinn coinage ge the question of cost disi dia posed or of ilia nom necessity rity or of a mint in this thin city is 0 o obvious we are arc inclined to think that congress will upon proper representation of ortho alic fencl i readily pas a bill giving us u one A A mint mini hero here would accommodate not only our territory but it a large artl part of idilio idaho and of the state of nevada it would save to tile minera the greater granter part of tile heavy tax now paid by them in insurance and freight upon bullion intended for coinage in ili tho the united and upon roin coin tt it would give vo ll 11 a coin I 1 I 1 tad n jr it il pap capr hail im nit n i t to bove boive tile the vexed problem of it a of specie payments it would greatly stimulate tile iho development of our immense mineral re rd tour sources ces the result of which would be to strengthen ilia credit of the tha government by adding to tile iho amount odthe of the edecio basis which supports that credit and it would furnish a perfectly secure place of special dePo derositt sitt without charge A L herald |