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The object of this resolution was to expedite the issue of minor coin and the retirement of fractional currency.

In round numbers, the weight of $1,000,000 in standard gold coin is 1-3/4 tons; standard silver coin, 26-3/4 tons; subsidiary silver coin, 25 tons; minor coin, 5-cent nickel, 100 tons.

The total coinage of all metals at our mints during the last fiscal year consisted of 63,485,220 pieces, valued at $106,216,730.06, of which there were $99,474,912.50 in gold coined, $758 in standard silver dollars, $6,024,140.30 in subsidiary silver coin, and $716,919.26 in minor coin.