The Doomed Denomination : American History

The American Baptist Movement came from England in the 17th century, after the Baptists were persecuted by the Church of England for being dissenting separatists. In the eighteenth and nineteenth centuries, new members were converted and congregations were formed by Baptist preachers who traveled throughout the South, in particular during the eras of the First and Second Great Awakenings.

The United States Mint was created by Congress in 1792, tasked with creating and circulating official coinage. The Mint had the authority to convert any precious metals, like gold or silver, into standard coinage for anyone 's account with no charge. President George Washington and Secretary of Treasury Alexander Hamilton asked Congress to pass the Coinage Act of 1792, which established the dollar as the basic unit of money for the United States. The word “dollar” is prounounced from the German word “thaler”, which means “coin”. Because of the lack of silver and gold mines in the United States, currency from other countries was allowed to be used to buy and sell goods and services until 1857, when silver and gold mines started to generate sufficient metal. In 1863, the National Banking Act was signed by President Abraham Lincoln, making the dollar the sole currency of the United States.

Did you know the first penney the u.S. has ever seen was created and produced in the year 1857? The penny we know of has been in the states for 161 years. In the year 2012 there was a proposal that the United States get rid of the penny, the least valuable coin in the money system. The penny has so little value, but cost too much to make. Although the U.S. loses millions of dollars a year to the production of pennies, American pennies should not be ceased minting because of the risk of economic changes,the piece of culture they each possess and their “ power in numbers”.

The U.S. penny has been a standard in our currency system for almost as long as our country has existed as a sovereign nation, but due to inflation, production costs, and the changing times we live in, it is no longer a sustainable unit of currency and only serves to increase our national deficit and waste our time. When the penny was produced for the first time in 1792 by the U.S. Mint, it was made of pure copper, featured a woman with flowing hair, and was inscribed with the words “Liberty”. Since then, the design and composition have changed numerous times to reflect our changing nation. Despite its fading glory, the penny has been kept alive by numerous false lobbying fronts and a stubborn ideology, but

Between the time of the American Revolution and the Civil War the U.S. had no national paper currency. Chartered banks and their privately issued notes proliferated. Countless banks issued paper money in a bewildering variety of denominations and designs—more than ten thousand different kinds by 1860. Counterfeiters flourished amid this anarchy, putting vast quantities of bogus bills into circulation. The Continental was America’s currency. In Stephen Mihm’s, A Nation of Counterfeiters, Mihm weaves a historically based tale of how a shady lot of counterfeiters thrived under the American capitalist system, and then explains how the federal government effectively dismantled the archaic monetary system and in turn ended the counterfeit economy it sustained.

The penny has a lot of history, through the 200 years the penny changed design and value. Based on the article “The Ever-Changing Penny.” The first pennies were minted in 1857, they were very large, larger than a modern day quarter and had different images of the statue of liberty on the front(4). With this example, one can see,there were several visions for the penny before the final product of the Abraham Lincoln penny in 1909. The history of the penny reveals more than just a coin, it exposes a piece of american culture. The penny has influenced our language, giving us a number of idioms, such as “A penny for your thoughts” And “Not one red cent”(4). Despite its cultural influences the penny is under attack currently, the reason? Because making the penny also costs money, more than its worth,in 2011, it costs the U.S. more than 2.4 cents to produce the penny. The History of the One-Cent piece is a curious one. How long it will remain a part of your spending currency is yet

Between 2001 and 2006, there has been an increase of .6 cents for the reproduction of the penny. This increase displays economic problems that may lead to fatal ones. The penny is composed of 2% copper and 98% zinc. These elements are exponentially in demand causing the price of these materials to skyrocket. Many Americans think the penny is putting our country in jeopardy with financial losses. This meaningless coin is losing money for the mint, and should be abolished.

The penny, also known simply as the one-cent coin, was first made about 230 years ago in 1787. The first penny ever made was 100% copper and it was heavier and larger than the usual penny today. The design itself was suggested by the famous Benjamin Franklin ("A Brief History of the U.S. Cent”). Lately, people have talked about the idea of abolishing the penny, but others disagree. The penny should not be abolished.

hundred twenty-three dollars in legal tender was promptly reduced to ashes and smoke” (P. 29). Chris

The three reasons to keep the penny in circulation has to do with the culture that is behind the penny, the added cost to the consumer and the history that is shrouded in the Lincoln penny. In Source 1, it states “On average, the customer will lose two and a half cents in each transaction.” This means that if the penny is taken out of circulation consumer will lose 2.5 cents a transactions. On Source 3 it also states “In truth, it is more than a coin—it is a piece of American culture.” This shows that the coin has evolved to be more than a coin, it has become a part of American Heritage. Also in Source 2 it states the “first penny in the series was created to commemorate the 100th anniversary of Abraham Lincoln's birth. His face has remained

The Making of the 1963 Baptist Faith and Message. A. J. Smith Eugene, OR: Wipf and Stock Publishers, 2008.

The penny is a small and insignificant piece of American history. Causing extra time in grocery lines, to being found useless on the streets, there is no real reason to keep the penny in circulation.

As someone who grew up from another country, I personally find American coins infuriating. The fact that these silver colored coins have no numbers on them bother me, and I suppose a great number of tourists, very much. It remains a mystery to me how anyone can quickly differentiate between the dime, the nickel, and the quarter so easily. However, the copper-colored penny is special because it’s the tiniest one and also the easiest one to pick out among Uncle Sam’s coins. These days, this tiny coin has become a hot topic of debate on whether America should keep the penny or not.

A revitalization of religious piety that swept through American colonies during the 1730-1770 was known as the Great Awakening. Christian life was of real importance to the North American colonists. And yet, during the eighteenth century, the Great Awakening can be described in several areas of religious revivals history. This was a schism that was made more acute by the enormous Pietistic wave. While reviewing the Great Awakening, if understanding correctly, it focuses was about the people that were in the church already. As, a result, this brought about a change to their piety, self-awareness also rituals (Gonzalez 288-289).

The silver content of the 1870 silver dollar coin comes in at 90% with a silver weight of 0.775 ounces. This represents a silver melt of around $15.52, making it more than 15x more valuable than its face value.