From Deseret News archives:
Time has come to abolish the worthless penny
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The answer, I think, has to do with zinc, which is what pennies are mostly made of; light copper plating turns them into red cents. The powerful, outsourcing zinc lobby financed by Canadian mines as well as Alaskan entices front groups to whip up a frenzy of save-the-penny mail to Congress when coin reform is proposed.
But when the penny is abolished, the nickel will boom. And what is a nickel made of? No, not the metallic element nickel; our 5-cent coin is mainly composed of copper. And where is most of America's copper mined? Arizona. If Sen. John McCain would get off President Bush's back long enough to serve the economic interests of his Arizona constituents, we'd get some long-overdue coin reform.
What about Lincoln, who has had a centurylong run on the penny? He's still honored on the $5 bill, and will be as long as the dollar sign remains above the 4 on keyboards. If this threatens coin reformers with the loss of Illinois votes, put Abe on the dime and bump FDR.
New York Times News Service
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