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The E-Sylum: Volume 9, Number 5, January 29, 2006, Article 8 DIMES AND POLITICS: MINT DIRECTOR WILLIAM BRETT The Repository of Canton, OH published a story this week about a former U.S. Mint Director's experiences. Here are a few excerpts: "Fifty years ago, former Stark County resident William Brett was keeping political party members from playing penny-ante politics with America's money. OK, technically the ante was a dime in the middle of the 1950s. Specifically, the 61-year-old former Alliance businessman was attempting five decades ago to calm Republicans who were annoyed by the Roosevelt dime. Those members of the Grand Old Party couldn't understand why a Republican presidential administration — that of Dwight D. Eisenhower — would continue to make a coin with a famous Democrat's head on it." "The director tried to tell his fellow party members that the coin controversy really was out of his — and Eisenhower's — hands.I simply tell them, in as unprejudiced way as I can, that these Roosevelt dimes, by law, must be made until 1971,Brett explained in 1955. The design of any coin could not be changed for 25 years, he explained. The Roosevelt dime was first coined in 1946. With that rule in place while Brett was head of the Mint, the only coin design that could have been changed — and all changes were made on the decision of the Mint's director — was the Lincoln penny, which was first coined in 1909.And I can assure you,Brett said,I won't do that."Through his job, Brett encountered somepuzzling situationsconcerning the distribution of coins, the newspaper article noted. Coins had a penchant for accumulating in certain areas of the country, the writer explained. A lot of nickels were found in Cincinnati, for example. Dimes, to the chagrin of Republicans there, accumulated in San Antonio. Quarters piled up in Minneapolis.We think we know the explanation for the quarters in Minneapolis,Brett told the reporter.There are a lot of cereal companies there, and people are always sending them box tops, with quarters."Even if party politics had been successful in stopping the production of Roosevelt dimes in 1971, the dimes already in circulation would have lingered for two to three decades — through several more Democratic and Republican administrations. We have the benefit of enough hindsight, of course, to know that new mintings of the Roosevelt dime continue to pop up in our pocket every year — their existence guarded, at least for a few years, by a Stark County Republican who was nonpartisan when it came to pocket change." To read the complete story, see: Full Story Wayne Homren, Editor The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org. To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@coinlibrary.com To subscribe go to: https://my.binhost.com/lists/listinfo/esylum | |
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