This issue of The Balance and Columbian Repository features Jefferson’s proclamation regarding the British attacks on American vessels, several articles debating the President’s stance on the matter, an article about Aaron Burr’s trial, toasts given in honor of Independence Day, and an address to the Medical Society of Columbia County.

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.”