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The E-Sylum: Volume 5, Number 33, August 12, 2002, Article 17

FEATURED WEB PAGE

This week's featured web page is from the Pennsylvania Historical and Museum Commission site. It features Pennsylvania Governor James Pollack, who served as Director of the U.S. Mint following his appointment by President Lincoln in 1861. "When the Panic of 1857 struck the economy, there were mounting bank and business failures, unemployment, and concerns about possible winter riots and martial law. Pollock called a special legislative session that convened on election day and pushed through a temporary suspension of the requirement that banks pay their depositors and those who held their bank notes in gold or silver, thus preventing more bank failures as well as protecting the credit rating of Pennsylvania. In 1861, Pollock was chairman of the Pennsylvania delegation to the Washington Peace Convention, which failed to prevent the Civil War. That same year President Lincoln appointed him director of the United States Mint in Philadelphia. He served from 1861 to 1866 and then was reappointed by President Grant in 1869. From 1873 to 1879, he was elevated to superintendent of the Mint when the U.S. Mint became part of the U.S. Department of the Treasury. Pollock's leadership at the Mint led to adopting his suggestion for the "In God We Trust" motto on U. S. coins." http://www.phmc.state.pa.us/bah/dam/governors/pollock.asp Wayne Homren Numismatic Bibliomania Society

Wayne Homren, Editor

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