Britain at Work
A Pictorial Description of Our National Industries
År: 1902
Forlag: Cassell and Company, Limited
Sted: London, Paris, New York & Melbourne
Sider: 384
UDK: 338(42) Bri
Illustrated from photographes, etc.
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HOW MONEY IS COINED.
233
The gold ingots, which all come from the
Bank of England, weigh 400 ounces apiece,
and there are times when the Mint has a
little stock of 35 tons of gold to go on with.
Silver ingots, on the other hand, weigh about
100 lb. each, and there may be a small matter
of 20 tons in stock at a time. Copper is also
required, but this does not always arrive in
the form of ingots nowadays, but is delivered
the form of blank discs, ready
for stamping into bronze
coins, of which the average
production is a ton per day.
Every morning the chief
officials have to decide what
coins are to be made. Some-
times the Bank of England
informs the Mint that it is
running short of half-sover-
eigns ; at another time there
may be a demand from the
by a Birmingham factory in
MARKING-
MACHINE.
Bank of South Africa for an extra supply
of silver money. All these little points have
to be taken into consideration, and the work
is planned out accordingly. Let us suppose
that sovereigns are to be made on a certain
day. So much gold, with the proper propor-
tion of alloy, is weighed out and delivered
to the superintendent, who is responsible for
passing it on from room to room, until he
returns it again to the chief office in precisely
30
the same weight of metal, but in the form
of finished coins.
His first care is to pass it on to the
melting house. This is a sort of kitchen,
with separate departments for gold and
silver, and a staff of about sixteen men.
A couple of ingots, with some of the
waste gold left after the coins have been
cut from the strips, are dropped into a
ROLLING FILLETS.
blacklead crucible, which is then lowered
into one of the eight furnaces that stand
in a row. The gold and the copper are
slowly melted until they have the appear-
ance of so much dull coloured liquor. At
the end of an hour the red-hot crucible is
lifted by means of tongs, and the molten gold
poured into eight or nine moulds, each of
which produces a bar of the value of about
£600. Each of the furnaces is therefore
able to melt its little potful six times in the
course of the day, and when the Mint is
engaged upon this feast of Midas, it is able
to turn out golden bars at the rate of
a quarter of a million sterling every day.
The same course is pursued when boiling-
silver, except that the blacklead saucepans
used for this metal hold about 5>oo° oz-
apiece. No one could possibly lift such a
weight. The silver crucibles, therefore, are
picked up by an electric crane, which carries
them round the melting house with startling