.jpg?w=1)
.jpg?w=1)
.jpg?w=1)
PROPERTY OF A GENTLEMAN
HAMILTON, Alexander (1757-1804). Letter signed (“Alexander Hamilton”) as Secretary of the Treasury to the Governor of Massachusetts, New York, 26 September 1789.
细节
HAMILTON, Alexander (1757-1804). Letter signed (“Alexander Hamilton”) as Secretary of the Treasury to the Governor of Massachusetts, New York, 26 September 1789.
Two pages, 237 x 195mm, bifolium, docketed on verso and dated in a contemporary hand.
Hamilton prepares to settle states’ War of Independence debt under his assumption plan. As Secretary of the Treasury, Hamilton had two items of particular importance on his agenda: federal assumption of state debt and naming New York as the national capital. He was most passionate, however, about the former, seeing it as “the most effective and irrevocable way to yoke the states together into a permanent union” (Chernow, Hamilton, 326). When it seemed as though assumption might be blocked, he sacrificed New York as a negotiating chip, and on 26 July 1790 the House narrowly passed the assumption bill. Here Hamilton asks each governor for documentation of their outstanding loans, “particularly the Statement of the Loan Office Certificates or other public Securities of the United States which may be in the Treasury of your State.” He adds, “It would be adviseable to transmit at the same time as accurate a Statement as can be made of the Interest (if any) which the State may have paid on the Evidences of the public Debt abovementioned.” The First Report on the Public Credit would be issued on 9 January 1790, providing the foundation for Congress’s Funding Act of 1790, passed on 4 August, which absorbed the debts accrued by the colonies.
Two pages, 237 x 195mm, bifolium, docketed on verso and dated in a contemporary hand.
Hamilton prepares to settle states’ War of Independence debt under his assumption plan. As Secretary of the Treasury, Hamilton had two items of particular importance on his agenda: federal assumption of state debt and naming New York as the national capital. He was most passionate, however, about the former, seeing it as “the most effective and irrevocable way to yoke the states together into a permanent union” (Chernow, Hamilton, 326). When it seemed as though assumption might be blocked, he sacrificed New York as a negotiating chip, and on 26 July 1790 the House narrowly passed the assumption bill. Here Hamilton asks each governor for documentation of their outstanding loans, “particularly the Statement of the Loan Office Certificates or other public Securities of the United States which may be in the Treasury of your State.” He adds, “It would be adviseable to transmit at the same time as accurate a Statement as can be made of the Interest (if any) which the State may have paid on the Evidences of the public Debt abovementioned.” The First Report on the Public Credit would be issued on 9 January 1790, providing the foundation for Congress’s Funding Act of 1790, passed on 4 August, which absorbed the debts accrued by the colonies.