Late one summer evening in 1797, after a four day bonfire of song and alcohol, John Adams and Thomas Jefferson met to talk about the convention and future plans. Just then his bodyguard interrupted the discussion.

“Young man, why are you here? Wasn’t it young John Adams who was murdered last night?”

“He sits here because he refused to conform to the church and brand himself as a Heretic,” said the other, continuing his assault.

“Then he is heretical,” said Jefferson in a tone of culminacio, and the two groups proceeded separately until midnight.

When the following morning dawned, John Adams was still missing. The slaves had dragged him into the bush and tied a rope around his body. They told how they had conferred in mysterious Consultation with the godfathers and the major currents of the Island. Alas! At length, John was discovered missing, unharmed and strung out on the hills above; his rope still around his neck. It is said they planned a sportscotch bonanza of the most venal sort: Adams body to be cut into six pieces and distributed as prize elephants; Jefferson’s body to be kept in the Senate chamber to be tried for treason. To each according to his ability or majority; so they had it at last!

John Adams was a smart man, well read and well informed. He took his responsibilities as National Man so seriously. He did not see a problem if the Senate committees were Citizens, as he was, or if his sentences were passed by the Majority of the People, as the Federalists insisted. He was equally ready to conclude and respond to his responsibilities: a man of his character did not enter into a Presidential Councils which might involve the question of his faith, or which might involve the Majority’s duty to interpose their will as a check against the federal government. John Adams was sharp and Crisp. When he spoke, the participants listened with rapt attention: “We must not allow the majority to destroy the Constitution.”

This noble soul called the National Religion the religion of the state.

The seeds of the American National Bank were sown by Alexander Hamilton, the war hero who acted as financial advisors to George Washington during the nation’s early years. He was an orphaned son, and his natural abilities as an instigator had allowed him to rise through the ranks. He became Secretary of the Treasury and head of the Treasury Department during the initial stages of the war, a position he held until the end of the war, when Thomas Jefferson was inaugurated as our first President.

When John Adams was elected President, he made one of his early appointments as Governor of the New York Territory. Governor Adams understood the vital importance of finance in preparing the young nation for its future financial stability. Before he accepted the offer to become Federal Agent, the U.S. Mint had invented a way for individual coins to be made, but this technology was not used for coins until later.

In 1787, the Continental Congress passed the Mint Act, establishing the U.S. Mint and acting as the sole manufacturer and issuing agency for the United States coins. The Mint Act directed the Mint to print one hundred million coins per year, which were called cents. The U.S. Treasury Department verified that one-cent coins were legal tender and that the face value of silver dollars was thirteen-dimes.

Under the provision of the Mint Act, the Treasury Department issued two-dollar coins until March 1, 1873, then one-cent coins until March 15, 1874, and then, two-dollar coins until March 2, 1876. Two-dollar coins were also legal tender for all debts public and private.

The word “monicker” comes from the French word “monnaig,” which means “one of a kind.” From this English word we get the English word “monetary.” Perhaps the word “monetary” was first used in the English language in the 15th century.

The word “mint” comes from the Spanish word “marticio,” meaning “everywhere.” This form was introduced into English in the 17th century from the Spanish word “mariropa” which meant “every where” or “upon every place.” The English word “martian” probably had its origin from either “marye” or “mater” or “magnus,” Roman gods.

This seems to be a good lead-in to the full name of the United States Mint, itself. It was first Boardized in Philadelphia in 1775, and in New York City in 1778. The Board included seven directors, including a member appointed by each state’s governor.

Leave a Reply

Your email address will not be published.