Syracuse-Wawasee Journal, Volume 49, Number 31, Syracuse, Kosciusko County, 24 May 1956 — Page 2

Syracuse- Wawasee Journal

-Thursday 24 May 1956

Page 2

Capitol Report ... By Charles Halleck An amateur coin collector told me recently he thought Republicans ought to make a play for the numismatist vote by issuing more commemorative coins! “No commemorative halfdollars since the Democrats left office,” he complained in a letter. Far be it from me to underestimate the number of coin collectors in this country, but there is more to this business of minting money of new design than meets the eye. The Treasury Department, for instance, has consistently opposed the idea for these reasons: 1. Commemorative issues “conflict with the purpose for which tfye coinage system was established, namely, to provide a medium of exchange.” 2. Such special issues “lead to indefensible abuses, notably to traffic in them for private gain.” 3. The public is often confused by commemorative issues, wondering whether an unfamiliar coin is genuine or counterfeit. 4. By the same token, a variety of designs in circulation makes life easier for a counterfeiter. My correspondent complains that stamp collectors have a field day compared to numismatists and it isn’t fair to discriminate. Actually, the Post Office Department has the authority to issue commemorative stamps, but in the case of coins, special issues must be authorized by the Congress and approved by the president. History shows that chief executives, both Republican and Democrat, have frowned on the practice, although the latter, according to the records, have been more lenient. A law dating back to 1890 provides that no change in the basic design or die of any coin shall be made oftener than once in 25 years, but this has not prevented the authorization of limited numbers of commemorative Getting Up night; If worried by “Bladder Weakness'* (Getting Up Nights or Bed Wetting, too frequent, burning or itching urination) or Strong Smelling, Cloudy Urine, due to common Kidney and Bladder Irritations, try CYSTEX for quick help. 30 years use prove safety for young and old. Ask druggist for CYSTEX under money-back guarantee. See h°w fast you Improve. Stop pain of piles today at home —or money back! In doctor’s tests, amazing new Stainless Pazo* instantly relieved piles’ torture! Gave internal and external relief! 6 medically-proved ingredients including Triolyre, relieve pain, itching instantly! Reduce swelling.. Promote healing. You sit, walk in comfort! Qnly stainless pile remedy. Stainless Pazo® Suppositories or Ointment at druggists. •Trademark of Grove Laboratories, Inc. Ointment and Suppositories. New hit with millions! CAeezlM/z for dozens of fast cheese treats OS SPOON IT into hot foods HEAT IT for cheese sauce SPREAD IT for snacks A PASTEURIZED PROCESS CHEESE SPREA6

coins from time to time. Another objection to the practice arises from the problem of where to stop once the Congress starts passing laws authorizing special issues. • Back in 1946, bills were passed approving two commemorative coins, which President Truman signed. That same year, a House Committee on Coinage, Weights and Measurers submitted a report vigorously condemning the whole business of commemorative issues. In the words of the committee, “The purpose of this bill is to stop a racket in the issuance of commemorative coins that has developed in recent years and continues up to the present day.” The idea behind commemorative coins'is often two-fold: to recognize a significant event (or honor an individual) and to raise money to finance a celebration. But these purposes are often defeated. Instead of the sponsoring organization getting the proceeds on the sale of the coins, the issue somehow finds its way into the hands of a commercial dealer. He makes the profit, if any. Or, the collecting public just doesn’t buy the new coins, and

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thousands are sent back to the mints for melting. As a result, j the position has been taken that if somebody wants to commemorate an anniversary it’s better to do it with a medal, which can be provided by the Treasury at cost, on authorization by the Congress. Which, I suppose, doesn’t help the coin collector. Oakwood Park Mr. and Mrs. Ben Vantyle and her mother of Mishawaka spent the weekend in their cottage. Mr. and Mrs. C. V. Steel and daughter, Mr. and Mrs. Doug Simpson and children of Muncie were here for the weekend in their cottage. Mrs. Mary Geider and Mrs. Nellie Cain were here during the past week cleaning and getting their cottage ready for the summer. Weekend guests were Mr. and Mrs. Harold Chester, Mr. and Mrs. Paul Powell, and Lewis J. Burnett all of Indianapolis. Mr. and Mrs. Clifford Bell and grandpa Forrest of Vettersburg spent the weekend with Mrs. Margaret Forrest and son, Jerry. Mr. and Mrs. Chester Davis of Boggstown were in their cottage over the weekend. Mr. and Mrs. George Cook of Indianapolis spent the weekend

at their cottage. Mr. and Mrs. John Craig of Fort Wayne are here for the summer. . Marvin Mygrant and his brother were here for several days. Mr. and Mrs. Raymond Fye, son, Bill and daughter, Linda, and her girl friend, Alice Jean Eaton, all of Indianapolis, spent the weekend with her parents, Mr. and Mrs. Roy Philips. Mr. and Mrs. Kenneth Marshall and son, Doug, of Indianapolis, were here this weekend with his parents the O. R. Marshalls. Mrs. Belle Sheetz who is Rev. Paul Epler’s secretary, has moved into the Rev. Parks cot-

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