. Industrial history of the United States, from the earliest settlements to the present time: being a complete survey of American industries, embracing agriculture and horticulture; including the cultivation of cotton, tobacco, wheat; the raising of horses, neat-cattle, etc.; all the important manufactures, shipping and fisheries, railroads, mines and mining, and oil; also a history of the coal-miners and the Molly Maguires; banks, insurance, and commerce; trade-unions, strikes, and eight-hour movement; together with a description of Canadian industries . copper cent of 264 grains. A mint wase
. Industrial history of the United States, from the earliest settlements to the present time: being a complete survey of American industries, embracing agriculture and horticulture; including the cultivation of cotton, tobacco, wheat; the raising of horses, neat-cattle, etc.; all the important manufactures, shipping and fisheries, railroads, mines and mining, and oil; also a history of the coal-miners and the Molly Maguires; banks, insurance, and commerce; trade-unions, strikes, and eight-hour movement; together with a description of Canadian industries . copper cent of 264 grains. A mint wasestablished at Philadelphia, some very noble devices adopted for the coins,and the striking of metal money began. This first gave the Americans amoney of their own, and the Spanish and other foreign pieces graduallydisappeared from the purses and money-boxes of the people. They weremostly sent into the mint, and recoined. It took some time, however, toeffect the change, because the facilities of rapid and safe transportation ofmoney from one point of the country to another had not yet been created;and, the circulation of foreign coins being permitted, merchants and bankerspreferred to let matters take their own course without forcing them. Two varieties of the coins authorized by the act of 1792 were worth toomuch to circulate. Owing to a rise in the value of copper, it was found thatthe cent had been made too heavy, and was worth more than the hundredthpart of the dollar. The weight was accordingly changed, Jan. 14, 1793,10 32° INDUSTRIAL HISTORY. VIRGINIA HALFPENNY 208 grains. A year or two later it was reduced to 168 grains, and remainedDifficulty at that standard until discontinued in 1857. The gold dollar andwith coinage its multiples were also too heavy. By an error in the calculation,twenty-seven grains were erroneously fixed upon as the equivalentof the silver dollar; and gold, though coined to a limited extent, never came into use under the law of 1792. Thereason was,
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