Happy Birthday US Mint!

[DC Dawg]

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, and it is hereby enacted and declared, That for the purpose of a national coinage be, and the same is established; to be situate and carried on at the seat of the government of the United States, for the time being: And that for the well conducting of the business of the said mint, there shall be a Chief Coiner, and Engraver, a Treasurer.

Philadelphia (April 2, 1792)—Today, the 2d United States Congress met in Congress Hall to finish business of the past few weeks. First, Congress passed a law (1 Stat. 245) authorizing the Department of the Treasury to finish the lighthouse on Baldhead at the mouth of the Cape Fear river started by the state of North Carolina at a sum not exceeding four thousand dollars.

 

Following the previous vote, congress passed the Coinage Act (1 Stat. 245) to establish the dollar as the unit of currency, created a decimal currency system, authorized the production of coins, and established the United States Mint. The law was signed by President Washington at the President’s House to become law.

 

Aids to President Washington say that he and Vice President Adams have been discussing the appointment of a Director of the new Mint. While names were not discussed, it was said that a trustee of the University of the State of Pennsylvania and a former Pennsylvania treasurer was being considered for the post. The only Trustee of the State's university that qualifies would be David Rittenhouse, an astronomy professor at the college. If Rittenhouse becomes the Director, he will be paid $2,000 according to the new law.

 

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[font:Book Antiqua]Happy 218th Birthday US Mint![/font]

[physics-fan3.14]

Hmmm.... today is my mother's birthday also.

[WoodenJefferson]

Happy Birthday Mint....you've made a mint in your lifetime.

[World Colonial]

$2,000 was one heck of a lot of money back in 1792.