Also see the Alexander Hamilton Collection: The Story of the Revolution & Founding.

“The establishment of a bank for the United States … upon the principles which afford adequate security for an upright and prudent administration.”

Also see the Alexander Hamilton Collection: The Story of the Revolution & Founding.

Secretary of State Jefferson signs an Act making appropriations for the federal government in 1791. The figures cited—expenses of the “civil list” and the War Department—were taken directly from Treasury Secretary Hamilton’s Estimates for 1791 Report to the House of Representatives.

This is the only Jefferson-signed copy known in private hands. The only two known institutional copies are at the Library Company of Philadelphia and the New York Public Library.

“Being persuaded that a just application of the principles, on which the masonic fraternity is founded, must be promotive of private virtue and public prosperity, I shall always be happy to advance the interests of the Society, and to be considered by them a deserving Brother.”

Currently offered only as part of the Alexander Hamilton Collection: The Story of the Revolution & Founding.

“Justice and the support of the public credit require, that provision should be made for fulfilling the engagements of the United States, in respect to their foreign debt, and for funding their domestic debt upon equitable and satisfactory terms.”

“Justice and the support of the public credit require, that provision should be made for fulfilling the engagements of the United States, in respect to their foreign debt, and for funding their domestic debt upon equitable and satisfactory terms.”

Alexander Hamilton understood the necessity of placing the new nation on firm financial ground.

On January 9, 1790, Hamilton delivered to Congress his First Report on Public Credit, a strategy for achieving seven key goals for America’s financial system. One of his primary recommendations was the federal assumption of all states’ war debts, amounting to approximately $22 million in addition to foreign powers who were owed nearly $11 million, and American citizens who had sold food, horses, and supplies to the Army, who held $43 million in debt. Hamilton’s ambitious debt plan aimed to draw both creditors and debtors closer to the federal government by honoring all the Revolutionary War debts in full, paying off the resulting national debt over time from excise taxes and land sales.

Many Southerners opposed Hamilton’s plan, believing it would create a dangerous centralization of power, unfairly penalize the southern states who had already paid off more of their debts, and give the North too much financial control. Ultimately, in a deal between Hamilton, James Madison and Secretary of State Thomas Jefferson, southern legislators agreed to support the Plan in return for locating the permanent national capital (then temporarily in NY) on the banks of the Potomac River.

The Gazette of the United States, the semi-official newspaper of the federal government, published the acts that codified Hamilton’s Assumption Plan in four parts: “An Act Making Provision for the Debt of the United States” (passed Aug. 4, in the Aug. 7 issue); “An Act to Provide more Effectually for the Settlement of the Accounts between the United States and the Individual States” (passed Aug. 5, in the Aug. 14 issue); “An Act Making Further Provision for the Payment of the Debts of the United States” (padded Aug. 10, in the Aug 21 issue); “An Act making Provision for the Reduction of the Public Debt” (passed Aug 12, in the Aug. 28 issue).

“A message was received from the President of the United States, with the ratification of the Constitution of the United States by the State of Rhode Island.” (p1/c1)

This very rare broadside Supplement to the Connecticut Courant details congressional proceedings from June 16-25, 1790, including the announcement of the ratification of the Constitution by Rhode Island, debates surrounding the assumption of state war debts by the federal government, a bill regulating trade with Native American tribes, a committee report on books “necessary for the use of Congress,” a committee report on providing “the means of intercourse between the United States and foreign nations,” and other matters.

The First Federal Congress established the Treasury Department on September 2, 1789, only three months before this letter. Hamilton became Secretary of the Treasury – actually the very first member of George Washington’s cabinet – on September 11. Hamilton speedily created processes to organize and run the new nation’s financial system. He requires weekly returns of cash receipts and disbursements, and notes that while monthly returns on import duties will normally not be required, they are for the year about to end. He mentions the need for this information so he can make timely reports to Congress near the beginning of their sessions, with “the information relative to the Revenue which they will necessarily require.” In fact, responding to the request of Congress, Hamilton delivered his seminal Report on Public Credit on January 14, 1790. This letter, introducing his subordinate customs and tax collectors to the developing system, is an early and important part of the process.

Also offered as part of the Alexander Hamilton Collection: The Story of the Revolution & Founding.

This important newspaper includes an October 9, 1789 letter to George Washington, with his Address responding To the Synod of the Dutch Reformed Church in North America discussing his gratitude for their support, thanks for the nation weathering the revolution and peacefully establishing constitutional government, and ensuring religious freedom. (p. 1, col. 3).

As well as a printing of Benjamin Franklin’s “Address to the Public from the Pennsylvania Society for promoting the Abolition of Slavery and the Relief of free Negroes unlawfully held in bondage.”

Also see the Alexander Hamilton Collection: The Story of the Revolution & Founding

On his 11th day as Secretary of the Treasury, Hamilton orders Customs Collectors to accept Bank of North America and Bank of New York notes as the equivalent of gold or silver, and hints at forthcoming procedures to guard against counterfeit currency.

“In consequence of arrangements lately taken with the Bank of North America, and the Bank of New York for the accommodation of the Government, I am to inform you that it is my desire that the Notes of those Banks payable either on demand, or at no longer period than Thirty days after their respective dates should be received in payment of the duties, as equivalent to Gold and Silver . . .”

Currently offered only as part of the Alexander Hamilton Collection: The Story of the Revolution & Founding.

“I do myself the honor to transmit to your Excellency the duplicates of two Acts – one for establishing the Treasury department – and one for registering and clearing vessels, regulating the coasting trade, and for other purposes.”

Currently offered as part of the Alexander Hamilton Collection: The Story of the Revolution & Founding.

“The fortune of every citizen is interested in the success thereof [of trade]; for it is the constant source of wealth and incentive to industry; and the value of our produce and our land must ever rise or fall in proportion to the prosperous or adverse state of trade.…”

Currently offered only as part of the Alexander Hamilton Collection: The Story of the Revolution & Founding.

In this pamphlet, Hamilton articulates an early incarnation of the Federalist creed, including compliance with the 1783 peace treaty with Britain, an end to attacks on Tories and Tory property, and the submission of the states to the central authority of the United States. This was Hamilton’s third political tract, and the first of his mature writings on policy.

Samuel Loudon of New York first published this pamphlet in January 1784, and it soon appeared in editions published in Boston, Newport, and Philadelphia. An edition by Robert Bell in Philadelphia appeared by January 24. Hamilton followed this pamphlet with A Second Letter from Phocion to the Considerate Citizens of New-York. Containing Remarks on Mentor’s Reply, published in April 1784.

Also see the Alexander Hamilton Collection: The Story of the Revolution & Founding

A previously unrecorded partial draft of Hamilton’s famous letter to Superintendent of Finance Robert Morris. Hamilton discusses the “situation and temper” of New York, and its tax plan, which was intended to be based on a fair assessment of her citizens’ circumstances and abilities to pay.

“perhaps the true reason was a desire to discriminate between the whigs and tories. This chimerical attempt at perfect equality has resulted in total inequality”

Also see the Alexander Hamilton Collection: The Story of the Revolution & Founding.

“The conduct of Count de Grasse so far as it hath come to my knowledge charms me; his drupping the British fleet sufficient to Convince teach them they might not & could to keep at due distance & not enter the Cheasapeake or again attempt to Interrupt the siege, & at the same time not suffering himself to be too far diverted from his first & main object…”

Currently offered only as part of the Alexander Hamilton Collection: The Story of the Revolution & Founding

“you have made me disrelish every thing that used to please me, and have rendered me as restless and unsatisfied with all about me, as if I was the inhabitant of another world. ... I would go on, but the General summons me to ride....”

In the middle of their whirlwind courtship, Hamilton emphasizes his profound fascination with Eliza Schuyler. Hamilton both complains that she is distracting him from important military duties, while pleading with her for more distraction. Few of Hamilton’s letters to Eliza survive from this period.

As Hamilton was writing, tactical intelligence was being communicated at a frantic pace up and down the Hudson. On July 21, Washington had received intelligence from the Culper spy ring on British General Clinton’s planned attack on Rochambeau’s French squadron at Newport, and the massing of British troops on Long Island for an intensified invasion of New York. Hamilton now was in the middle of authoring a detailed “Plan for an Attack on New York” to recapture Manhattan and Brooklyn from the British. He mentions at the end of this letter his position at Dobbs Ferry, New York, a small town on the Hudson where the army was encamped. Hamilton ends when he is summoned by General Washington.

Also see the Alexander Hamilton Collection: The Story of the Revolution & Founding.

Following the punishing battles at Paoli and Germantown, which left Philadelphia vulnerable to British control for the winter, the Continental Army under Washington spent two weeks recovering at Whitpain, Pennsylvania.

Alexander Hamilton was then Washington’s chief staff aide, with the rank of Lieutenant Colonel, a position he would hold for four years. He played a crucial role in handling much of the General’s correspondence with Congress, state governors, and other military officers.

Also see the Alexander Hamilton Collection: The Story of the Revolution & Founding.

“Many Slaves …share in the dangers and glory of the efforts made by US, the freeborn members of the United States, to enjoy, undisturbed, the common rights of human nature; and THEY remain SLAVES!... The enlightened equity of a free people, cannot suffer them to be ungrateful.”

Can you imagine a nation with no uniting banking system or currency? With insufficient revenue for even the most necessary expenses? With no ability to act as one nation on the world stage?

Clearly, Washington needed a right-hand man for the incredibly detailed work of building a government, formulating plans, and bringing them from conception to completion. His choice was obvious. Alexander Hamilton had revealed his unique energy and capability throughout the Revolutionary War, at the Constitutional Convention, and in the ratification battles. 

On September 11, 1789, the same day Washington signed his letters transmitting the Act of Congress Establishing the Treasury Department, he made his first cabinet nomination: Alexander Hamilton as Secretary of the Treasury. Within hours, the Senate confirmed the appointment.

The financial system Hamilton designed created the possibility of a real United States of America, whose founding purpose was to advance the rights of the people to “life, liberty and the pursuit of happiness.”