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The E-Sylum:  Volume 10, Number 27, July 8, 2007, Article 25

LOBBYIST HIRED FOR ZINC BLANK MANUFACTURER

Dick Johnson writes: "Congress can expect a lot of pressure from a
lobbyist hired this week by Jarden Zinc Products. They manufacture
the copper-coated zinc blanks the U.S. Mint purchases to strike into
Lincoln cents.

"Since the cent's existence is vulnerable -- because the market price
of its two metal components is waverying above the coin's face value
and the importance of the cent to the American economy is declining --
this poses a tremendous loss of business to this company should the
coin be abolished.

"In addition to the U.S. Mint, Jarden supplies zinc coin blanks to
the Royal Canadian Mint as well as other countries. Canada has advanced
further in their plans to abolish their cent coin; their national bank
recently endorsed the cent's elimination. U.S. Mint officials are mute
on the subject.

"Jarden Zinc Products is a subsidary of Jarden Corp, headquartered in
Rye, New York. Their zinc processing plants are located in Tennessee
and elsewhere."

To read the original Associated Press report, see:
Full Story

  Wayne Homren, Editor

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