HAMILTON, Alexander (1757-1804)
THE REPORT OF THE SECRETARY OF THE TREASURY, (ALEXANDER HAMILTON), on the subject of a national bank: read in the House of Representatives Dec. 13th, 1790
New York: S. Whiting & Co. No. 118 Pearl Street, J. Seymour, print, 1811. 8vo. (8 3/8 x 5 inches). 44pp.
Bound to style in half red straight grained morocco, period marble paper boards.
Hamilton's proposal for a national bank.
This controversial proposed financial measure was accepted only after much debate on its constitutionality and in spite of stiff opposition by Jefferson and others. The Bank was run capably throughout its 20 year charter and was instrumental in managing the critical issue of public debt. Despite Secretary Gallatin's strong support, the charter was not renewed, with serious consequences for the country.
Evans 22998. American Imprints 24307.