Time for Change
The Congress of the United States is again considering a number of issues relating to our currency and coins. These include the Dollar, district, and Cent. Many want to stay with the current design, in Congress and pass laws so they can not be changed.
The first law that currency design dates from 1792. Many coins in this time wanted our nation to bear. The image of George Washington Washington was very adamant against this idea, referring to a coin with the image of a person to be monarchical. In September of 1792 the Morris bill proposed our coins bear the characteristic image of the Liberty. Rep. John Page, under Washington served during the French and Indian wars not only echoed the presidential objection, but pointed out that how happy they would be with the incumbent, there was no reason to believe that their offspring would be happy with some of his successors. Other members of Congress insisted that it was not a real compliment to emphasize a medal. An image of Washington The basics of coin designs were not for the honor of men. It was hoped by the founders that our coins would represent and honor all of America. Lady Liberty was chosen as the design, because she was one of our most important rights. A symbol that every American could understand and embrace.
This bill was signed into law on April 2, 1792. This law is the basis for subsequent U.S. coins laws, it is known as "the statutes One".
The Act of 26 September 1890 stated that the changes in the designs of the United States coins not more than twenty-five years without congressional approval can be made. Each design circulating twenty-five years or more may be changed without their consent. Since that date, all denominations, changed many times without the need for congressional action. Today, Congress is to make this law infringement. The Jefferson five cent coin by the new law will return to a statue of Jefferson and Monticello in 2006. Congress is also considering a bill that the image of Washington would need to be in the neighborhood, standing together with the Lincoln Cent. They are following the early logic of Henry Ford. Mr. Ford thought a car in a color was good enough for the masses. American does not accept this logic then, and we should not be forced to accept it.
We as Americans love and embrace change. We expect this in our fashion, cars, televisions, and in our daily lives. Would any of us are happy when the Manufacturers of America has decided that the current design was the best for us, and never made something new or different? Are we so arrogant to believe that our choices today are suitable and acceptable for future generations?
The first draft amendment to the Washington quarter took place in 1999. This was the first major change since 1932. The United States Mint estimates that more than 100 million Americans collecting the State Quarters. That equates to 1 in 3 of Americans collecting coins. The evidence is clear for all to see. What happens to the 100 million plus Americans who are currently collecting these coins at the designs go back to the same as they have been back? What will be the reason to continue collecting coins? The United States Mint and the Bureau of Engraving earn much of their profits by republishing currency no longer in circulation. If our coins and currency are never changed, why would anyone want to withdraw from circulation? This requires the government to wait until they wear out. While currency has an average circulation of 18 to 24 months, the coins to circulate to 38 years.
Most Americans today have only witnessed a few minor changes in the design of our currency. The last major change for the State Quarter program was replaced Franklin on the half dollar with Kennedy. Now we have five of the six coins bearing the likeness of a president. A new bill is being heard on Capital Hill in connection with a new dollar design. This will make. Our sixth and final coin with a presidential design The bill a new commemorative circulation honoring each president in the order of the mandate would create. Most Americans would agree that all these men do not have to be honored in this way. Our founding fathers knew this.
Our current elected leaders have not yet figured this out. They have not learned that change like a good thing. They insist that we maintain our lackluster currency and coins in an everyday attempt to keep the political peace. Proponents of the current designs have but to present forever. A good argument for keeping the images That wish is to continue honoring these great men. That no one should be lost to history. Our founding fathers knew this was no honor. How can we honor these men while we do not choose their desire of not allowing a person on a coin to be placed to honor?
Each collector is aware how our coins has been stagnant. The designs are stale and mediocre at best. It does a lot of effort to coins dating 30 years or more in our pocket change will not take. This is directly related to a lack of interest. Many studies have been done on circulating quarters. More eagle reverse Washington quarters are found in change than the new state quarters.
Collectors across the country tell the story of how difficult it is to get the newest neighborhood in circulation. All of the new designs have helped to school curricula, and a revived interest in the history of our nation spark. I would think this is a lesson for all would be involved. We must change. Even if the decision is made that the current images should be maintained, they should be updated on a regular basis. If Congress wants to update the currency legislation, it must be that all designs are required to be replaced every 25 years, not etched in "forever".
It's time to inform you that it is time to change the congress.
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