The E-Sylum:  Volume 5, Number 18, April 28, 2002, Article 16

GOVERNMENT RESPONSE TO FEUCHTWANGER

  As coincidence would have it, your Editor just so happens
  to have on his desk a printed copy of a January 4, 1838
  letter about Dr. Feuchtwanger's coinage proposal
  written by Robert Patterson, Director of the U.S.Mint.
  The letter was addressed to Senator Thomas H. Benton,
  who had forwarded a copy of Feuchtwanger's proposal
  to replace the copper coinage of the United States.
  The letter lays out seven points of objection.

  "On the whole, it is my decided opinion that it would not
  be proper to abandon our copper coinage in favor of the
  proposed substitute; and you will observe that, in
  presenting this opinion, I have not thought it necessary to
  bring to your view the many advantages belonging to the
  copper coinage; its profit to the Government, ... the hold
  which it has on the habits of the people; and the loss that
  would be sustained by its suppression, or the confusion
  which would arise from a double circulation of the same
  class."

  Wayne Homren, Editor

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