Political Quotes

On the recordJune 6, 1995
I rise to introduce the Commemorative Coin Act of 1995. This bill authorizes the striking of six coins in the next 2 years. The subjects to be commemorated are: the 200th year of gold coinage, the 50th anniversary of the United Nations and the Presidency of Harry Truman, the 150th anniversary of the Smithsonian, the Franklin Roosevelt Memorial in Washington, DC, the 125th anniversary of Yellowstone National Park, and the National Law Enforcement Officers Memorial, also in Washington. This past November, the congressionally established Citizens Commemorative Coin Advisory Committee published in its first annual report to Congress, which recommended a 5-year plan of coin programs. The committee concluded that the serious decline in commemorative coin sales necessitated a reduction in the number and amount of coins to be minted. Otherwise, the success of each individual coin program is threatened and the Mint runs the risk of losing money on them. This bill includes the coins recommended by the advisory committee and no others. It has the committee's full endorsement. It is a sensible package of commemoratives for deserving occasions and topics, limited in scope so that the numismatic market can absorb them all. As a Smithsonian regent I am delighted to offer a coin for the Institution. As a New Yorker I am equally pleased to offer one for the United Nations and one for President Roosevelt.
Said by
Patrick Moynihan
Illinois

Editor's note · Context

Introducing the Commemorative Coin Act of 1995, which authorizes the minting of six commemorative coins.

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