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Hamilton’s Assumption Plan, Passed as Four Acts of Congress, Plus the Residence Act Quid-pro-quo

ALEXANDER HAMILTON, Each of the four Gazette of the United States, August 7, 14, 21, and 28, 1790, were printed in New York: John Fenno. 4 pp. each. The four parts of Hamilton’s Assumption Plan, as passed by Congress, are included in full only days after each were passed. #30022.37-.40

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“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).

Item #30022.37-.40 & 30022.41, $8,500

Charles Thomson – Who as Secretary to Congress Was One of Only Two Men to Sign the Declaration on July 4, 1776 - Here Signs Congressional Ordinance Defining His Duties

CONGRESS OF THE CONFEDERATION. CHARLES THOMSON, Printed Document Signed, “An Ordinance for the Regulation of the Office of the Secretary of Congress,” March 31, 1785. 1 p., 7¾ x 12¾ in.

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As secretary of Congress nine years earlier, Thomson and Congress President John Hancock had been the only two men to sign the Declaration of Independence on July 4, 1776. Thomson played a key role in the new national government, as the secretary of the Continental and Confederation Congress from 1774 to 1789.

Item #24779, $8,500

President Washington Addresses Congress and Other Groups on Issues Ranging from Freedom of Religion to Democratic Governance

AMERICAN JUDAICA. GEORGE WASHINGTON, Book. A Collection of the Speeches of the President of the United States to Both Houses of Congress, At the Opening of Every Session, with Their Answers. Also, the Addresses to the President, with His Answers, From the Time of His Election: With An Appendix, Containing the Circular Letter of General Washington to the Governors of the Several States, and His Farewell Orders, to the Armies of America, and the Answer, FIRST EDITION. Boston: Manning and Loring, 1796. 8vo., 4¼ x 7 in. 282 pp. Foxed. Contemporary blind-tooled calf, scuffed, rebacked.

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This remarkable collection of speeches and letters by President George Washington is notable for including all of his annual messages to Congress (the forerunner of modern state-of-the-union addresses), including his first inaugural, and the response of Congress to each. It also includes letters from religious groups, state legislatures, municipal organizations, and a variety of other societies to the President and his response. Finally, it includes Washington’s letter of resignation as commander in chief of the armies of the United States and his farewell orders to the armies, both from late 1783.

Because it includes addresses from the Hebrew Congregation in Newport, Rhode Island, and from the Hebrew Congregations of Philadelphia, New York, Charleston, and Richmond, along with Washington’s responses, and was “published according to Act of Congress,” it is the first official publication of the United States government relating to American Jews.

Historic subscriber list at front, with Revolutionary War names of note, including Samuel Adams, General Henry Knox, and a large group of Harvard University tutors and students.

Item #24711, $12,000

A Rare Book From James Madison’s Library:
A History of the Dutch Republic, 1777-1787

JAMES MADISON, Signed Book. [Authorship attributed to James Harris, first Earl of Malmesbury]. An Introduction to the History of the Dutch Republic, for the Last Ten Years, Reckoning from the Year 1777 (London: G. Kearsley, 1788). Octavo, period-style full brown tree calf, elaborately gilt-decorated spine, red morocco spine label. In a chemise and half morocco slipcase.

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Item #24718, $27,500

James Monroe and John Quincy Adams Signed Patent for Wheel to Secure Ropes and Chains Used in Machinery

JAMES MONROE and JOHN QUINCY ADAMS, Document Signed by Madison as President and co-signed by Adams as Secretary of State, issued to James Cooper, Patent for a wheel to prevent ropes and chains from slipping when used for turning machinery. Washington, June 17, 1823. 1 p. 11½ x 14¾ in.

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Item #24025.05, $2,750

Rare French Facsimile of the Declaration of Independence

DECLARATION OF INDEPENDENCE, Copperplate engraving, “In Congress, July 4, 1776, The unanimous Declaration of the thirteen united States of America…” Paris: Kaeppelin & Cie, 15 Quai Voltaire; engraved by F. Lepelle. [1840.] 25 x 32”. 1p.

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Scarce French reproduction based on William J. Stone’s official copperplate facsimile done by order of Congress. This French edition was produced for an 1840 adaptation of Jared Sparks’s Life and Writings of Washington, appearing as plate 22 in the atlas accompanying the multi-volume work.

Item #20627.99, $22,000

George Washington to the Jewish Masons
of Newport, Rhode Island

[GEORGE WASHINGTON], Newspaper. Gazette of the United States. September 11, 1790. New York, John Fenno. 4pp. The letter of the Masons to Washington, and Washington’s letter of August 18, 1790[1] in response, printed in full on page 4. This issue also includes a piece on the “Character of Dr. Franklin.” (p. 2, col. 1).

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“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.”

Item #30022.06, $2,500

Alexander Hamilton’s Autograph Legal Notes Representing a Widow in Mamaroneck, NY Appealing Her Case Against a Conflicted Trustee of Her Husband’s Estate

ALEXANDER HAMILTON, Autograph Manuscript, seven points on one page with Hamilton’s additional citations on verso, n.p., n.d., but early in 1796, relating to Peter Jay Munro et al, appellants v. Peter Allaire. 1 p. plus additional Autograph notes on verso.

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Mary Palmer had lost a case against a trustee of her husband’s estate who sought to buy her interest in the estate. Chancellor Robert R. Livingston ruled against her. Hamilton handled the winning appeal. The decision found that a trustee with power over the estate could never be a purchaser, a principle “founded in indispensable necessity, to prevent that great inlet of fraud, and those dangerous consequences which would ensue” if trustees were allowed to pursue their own interests perhaps at the expense of the estate.

Item #24622, ON HOLD

Hamilton Aids a Revolutionary War Loyalist:
Important N.Y. Confiscation Act Case Verdict

ALEXANDER HAMILTON, Autograph Document, 4 ½ pages (8 x 13 in.) hinged together, Supreme Court [New York], n.d. [ca. December 1784], being a special verdict of the case of James Leonard/James Jackson v. Anthony Post

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Item #24628, $24,000

Jefferson’s Response to the New Haven Merchants’ Remonstrance, and his First Inaugural Address

[THOMAS JEFFERSON, WILLIAM CRANCH], Pamphlet. An Examination of The President’s Reply to the New-Haven Remonstrance; with …the President’s Inaugural Speech, The Remonstrance and Reply … a List of Removals from Office and New Appointments. 1801. New York: George F. Hopkins. FIRST EDITION. Octavo. 69pp.

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Item #21286, $900

Robert Morris - Declaration Signer and Financier of the Revolution - is Drowning in Debt and Calls for Help

ROBERT MORRIS, Autograph Letter Signed with Initials, to [John Nicholson], November 21, 1794. 1 p.

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Facing ruin, Robert Morris desperately pleads with his partner John Nicholson to cover a debt resulting from speculating in the North American Land Company. Morris, who previously used his own funds to finance the American Revolutionary War, would suffer the indignity of imprisonment for debt between 1798 and 1801.

Item #23987, $3,750

George Washington’s Second Thanksgiving Proclamation, Sent to American Consuls

EDMUND RANDOLPH, Printed Document Signed, as Secretary of State, this copy sent to Nathaniel Cutting, American Consul at Havre de Grace, France, December 31, 1794, 3 pp and blank on one integral leaf. Randolph’s circular on page one notes that he is attaching a reprint of Thomas Jefferson’s August 26, 1790 letter to our Consuls, and an extract of Jefferson’s May 31, 1792 letter calling attention to a part of the Act of Congress governing the security that consuls have to give to insure they can meet obligations they take on for the United States. He then attaches the full text of Washington’s Second Presidential Thanksgiving Proclamation, which was publicly issued a day later, on January 1, 1795. 15½ x 12⅞ in.

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When we review the calamities which afflict so many other nations, the present condition of the United States affords much matter of consolation and satisfaction.

A day before it is publicly issued, Secretary of State Edmund Randolph Sends Washington’s Proclamation to all American Consuls, as “a better comment upon the general prosperity of our affairs than any which I can make.”  According to the President,“the present condition of the United States affords much matter of consolation and satisfaction. Out exemption hitherto from foreign war; and increasing prospect of the continuance of that exemption; the great degree of internal tranquility we have enjoyed…Deeply penetrated with this sentiment, I GEORGE WASHINGTON, President of the United States, do recommend to all Religious Societies and Denominations, and to all Persons whomsoever within the United States, to set apart and observe Thursday the nineteenth day of February next, as a Day of Public Thanksgiving and Prayer… to beseech the Kind Author of these blessings…to impart all the blessings we possess, or ask for ourselves, to the whole family of mankind.

Item #24141, $19,000

James Monroe Defends his Actions in Futile Defense of Washington in War of 1812

JAMES MONROE, Autograph Letter Signed as Secretary of State, to [Charles Everett], Washington, D.C., September 16, 1814. 2 pp., 7½ x 10 in.

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I stand responsible for my own acts only. [Secretary of War John Armstrong] claims credit for the measures which had been taken for defense of this place. Those measures were not proposed by him but the President....

James Monroe, then Secretary of State, led a scouting expedition in August 1814 that revealed the British marching towards the nation’s capital. His warning allowed President James Madison to evacuate and save America’s founding documents. In the face of criticism, Monroe here discusses his role, trying to avoid blame for the crushing loss and destruction of the Capitol.

Item #24256, $10,000

Opposing the African Slave Trade - 1790 New Haven Sermon

JAMES DANA, Pamphlet. The African Slave Trade. A Discourse Delivered in the City of New-Haven, September 9, 1790, before The Connecticut Society for The Promotion of Freedom. Half-title: Doctor Dana’s Sermon on the African Slave Trade. New Haven: Thomas and Samuel Green, 1791. Evans 23308. 33 pp., 4¾ x 8¼ in.

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Our late warfare was expressly founded on such principles as these: ‘All men are created equal: They are endowed by their Creator with certain unalienable rights; among these are life, liberty, and the pursuit of happiness’.... Those who profess to understand and regard the principles of liberty should cheerfully unite to abolish slavery....

In 1784, Connecticut passed a law that all slaves born after March 1, 1784, were to be freed before or when they reached the age of 25. In 1790, a group of clergymen, lawyers, and academics formed the Connecticut Society for the Promotion of Freedom and for the Relief of Persons Unlawfully Holden in Bondage to support the law. Yale University president and Congregationalist minister Ezra Stiles, formerly a slave owner, served as the society’s first president. Here, Rev. Doctor James Dana reviews the history and extent of slavery in the world. Calling it unjust, unchristian, and against the principles of the American Revolution, he urges abolition. Dana’s sermon, and those preached at the Society by Jonathan Edwards Jr., Theodore Dwight, and others, were among the most popular anti-slavery literature from the period. However, the Connecticut Society lapsed and disappeared after the turn of the century.

Item #24464, $2,400

Jefferson’s Religious Stance against Slavery

[Jefferson’s Notes on the State of Virginia], The Massachusetts Centinel. August 29, 1789. Boston: Benjamin Russell. 4 pp.

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A Federal Era newspaper printing of Query XVIII from Notes on the State of Virginia, Jefferson’s key section on slavery.  Also George Washington’s Letter to the Philadelphia Convention of the Episcopal Church, Proposed Revisions to the Bill of Rights, &c.

Contains an extract from Jefferson’s Notes on the State of Virginia.

Item #30027.30, $4,250

Hamilton Asks His College Roommate and Two Other Good Friends to Pay Their Share of Surveying Expenses for a Speculative Joint New York State Land Investment

ALEXANDER HAMILTON, Autograph Endorsement Signed, below Arthur Breese, Autograph Letter Signed, to Alexander Hamilton, September 13, [1801?], 2 pp.

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Item #24642, $13,500

To Alexander Hamilton About Settlement of Land Disputes, Docketed by Eliza

[ALEXANDER HAMILTON], Manuscript note, n.p., n.d. [but ca. 1791], "Communication" sent to Alexander Hamilton, praising attorney Egbert Benson, who was instrumental in negotiating the land claim which New York had made to Vermont. Settling the land dispute was a congressionally mandated prerequisite for Vermont joining the Union as a state of its own, rather than being divided between New York and New Hampshire. Docketed by Elizabeth Schuyler Hamilton.

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Item #24620, $2,400

Thomas Paine: Who Suggested that America should have a Monarch?

THOMAS PAINE, Autograph Letter Signed, to Elisha Babcock. New Rochelle, N.Y., July 2, 1805. 1 p., 8 x 10 in., with address leaf.

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Paine asks a newspaper publisher for the source of a report, that Great Britain had circulated a proposal “among the most influential federalists” recommending that the Duke of Clarence be made the King of America. This letter, attacking the Federalists generally and American monarchists specifically, is completely in line with a campaign he waged in his waning years against any in the United States who might yearn for a constriction of democracy and a resumption of monarchic rule in America. Thomas Paine returned to the United States in 1802, after living most of the previous fifteen years abroad. Shortly after his arrival in the United States he was hosted by Jefferson at the White House, and quickly became the target of Federalist attacks. Paine answered those attacks in published articles and in private letters – the present letter is one of those responses. He also asks why his letter (dated June 8) was not printed in the paper.

Item #21490.99, $60,000

The Declaration of Independence First Facsimile,
Printed by William J. Stone

DECLARATION OF INDEPENDENCE, Copperplate engraving printed on heavy wove paper. First edition imprint at top, “ENGRAVED by W.J. STONE for the Dept. of State by order of J. Q. Adams, Sec of State July 4, 1823.” 25⅞ x 29⅞ in. overall.

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“In Congress, July 4, 1776.  The unanimous Declaration of the thirteen united States of America…”

Item #20716, PRICE ON REQUEST

The Declaration of Independence
Rare Broadside Printed and Posted in July, 1776

[DECLARATION OF INDEPENDENCE], Broadside. [Exeter, New Hampshire: attributed Robert Luist Fowle], [ca. July 16-19, 1776], two-column format, sheet size approx. 15⅛ x 19⅝ in. Pin holes in three corners, with the upper-left corner torn in approx the same position, indicates that this was posted publicly to spread the momentous news.

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Broadsides such as this fanned the flames of independence. Passed from hand to hand, read aloud at town gatherings, or posted in public places, broadsides (single pages with print only one side) were meant to quickly convey news. Including the present copy, there are fewer than a dozen examples of this Exeter, N.H. printing known. Pin holes in three corners and the torn upper-left corner suggest this example was posted publicly.

In a way, this Declaration broadside is even more “original” than the signed manuscript pictured by most Americans. This is not yet “The Unanimous Declaration of the thirteen United States,” but rather “A Declaration, by the Representatives of the United States of America, in General Congress assembled.” On July 4,  New York’s delegation abstained from voting for  independence. After replacing their delegates, New York joined the other 12 colonies.

Moreover, as here on the broadside, the July 4 Declaration was signed by only two men: Continental Congress President John Hancock and Secretary Charles Thomson (here with the common variant “Thompson”). After New York on board, Congress resolved on July 19 to have the Declaration engrossed with a new title: “The unanimous Declaration of the thirteen united States of America.” Most of the 56 signers affixed their names on the engrossed document on August 2, 1776, with some added even later.

Thus, broadsides such as this one preserve the text of the Declaration of Independence as it actually was issued in July of 1776.

Item #21991.99, PRICE ON REQUEST
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