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Thursday, October 18, 2012

US lawmaker reintroduces Korean Immigration Commemorative Coin Act


WASHINGTON (Yonhap) -- A U.S. lawmaker has renewed a push to issue coins to mark the 100th anniversary of the start of Korean immigration here, Congress said Tuesday.

Rep. Rob Andrews, a Democrat from New Jersey, re-submitted a bill last week requiring the Treasury Department to mint coins in commemoration of the occasion.

Since the first voyage in 1903, approximately 1 million Koreans have immigrated to the United States, the first group arriving in Honolulu, Hawaii. Many worked at sugarcane or pineapple plants.

The size of the Korean community has grown to around 2 million, with a growing number of Korean Americans playing a major role in American society.

"This commemorative coin will serve as a symbol of our appreciation for the significant contributions made by Korean Americans to our great nation," he said.

Andrews first submitted a bill on such coins in 2003 and re-introduced it in 2005. Congressional sessions in both years ended without the passage of the bill.

If his bill is passed this time as is, the Treasury Department will issue up to 20,000 "gold coins," each worth $5, and the maximum of 10,000 "silver coins," each worth $1.

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