WASHINGTON, April 2, 2015
/PRNewswire-USNewswire/ -- Following is the daily "Profile America"
feature from the U.S. Census Bureau:
FIRST FEDERAL BUILDING
Profile America — Thursday, April
2nd. Critics of federal spending initiatives often allude
with some disdain to the government's ability to create money. It's
pure coincidence, though, that the first federal building
commissioned under the country's new constitution was intended to
do just that. On this date in 1792, President George Washington and Congress established the
National Mint in the then capital city of Philadelphia. The mint issued the gold, silver
and copper coinage as the legal tender of the young republic. Since
building the mint at 7th and Arch Streets, the government moved to
Washington and raised many more buildings; a process that
continues. In December of last year alone, federal office
construction was valued at nearly $3.3
billion out of total federal construction worth more than
$24 billion. You can find more facts
about America from the U.S. Census Bureau online at
www.census.gov.
Sources: Kane's Famous First Facts, 2115
Philadelphia Mint:
http://www.usmint.gov/about_the_mint/mint_facilities/?action=pa_facilities
Federal construction:
http://www.census.gov/construction/c30/pdf/fedsa.pdf
Profile America is produced by the Center for New Media
and Promotions of the U.S. Census Bureau. These daily features are
available as produced segments, ready to air, on the Internet at
http://www.census.gov (look for "Multimedia Gallery" by the
"Newsroom" button).
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SOURCE U.S. Census Bureau