The Lafayette Dollars

1900

Readers of The Companion have not forgotten the American monument to the Marquis de Lafayette, which is to be erected in the city of Paris by the aid of subscriptions raised by the school children of the United States. By an act of the last Congress, the United States mint was authorized to strike off fifty thousand silver dollars with a special design commemorating the setting up of this monument, and to turn the coins over to the association which has in charge the erection of the monument in Paris.

By this association the dollars will be sold for two dollars apiece. The sum of one hundred thousand dollars thus realized will be added to the fund for the monument.

On December 27, 1899, the director of the mint, Mr. Roberts, presented to President McKinley the first of these dollars which came from the mint, and Mr. McKinley announced his intention of presenting it in turn to the President of the French Republic, Monsieur Loubet. This, in fact, was done on the third of March.

On one side of the coin are the heads of Washington and Lafayette, and on the other is a reproduction of the proposed monument. Across the face of the monument is this inscription: "Erected in the Name of the School Children of the United States, Paris, 1900." — Youth's Companion.