Two Alexander Hamilton LSs, including a printed circular discussing revenue and collection law including proceeds of forfeited vessels as well as a pristine letter of transmittal for the same. Two wonderful Alexander Hamilton letters signed - one printed, one written. The written one reads, "Sir, I herewith send you a copy of a circular letter which I have this day written to the collectors of the customs. The arrangement therein suggested will conduce very much to the order of the business of the Treasury, and is presented to be conformable with law. I feel a confidence that it will meet with the chearful [sic] co-operation of the several courts and their respective Officers, and that the arrangement, itself, will be found well adapted to the security of all parties. I am, sir, with much consideration, your Obed. servant, A. Hamilton." In part, the printed circular dated June 8, 1792 reads, "Sir, The 66, 67 and 68th sections of the Collection Law, make provision respecting the prosecution, receipt, appropriation and distribution of and for fines, penalties and forfeitures, under that act. The provision is less specific and clear than could be withheld, and may require legislative revision. In the mean time it is indispensable that some arrangement should be made and observed; consulting such indications as are to be found in the law, and pursuing the most convenient and orderly course…the proceeds of forfeited vessels and goods, and sums recovered, as for pecuniary fines and penalties, will naturally come, in the first instance, into the hands of the Marshals. These, they will pay over to the respective Collectors, who will pay the charges and distribute the net remainder…Where judgment is rendered in favour of the Public, and something is both recovered and received, it is to be applied, in the first instance, towards the payment of expenses. If not sufficient, the deficiency is to be paid out of the product of the duties. If more sufficient, the moiety of the net surplus is to be accounted for to the Public by the Collector, as a specific fund, subject to special appropriation, and the other moiety is to be distributed among the parties entitled, as the law directs." In fine condition, with some scattered light toning and soiling, tape reinforcements and repairs to fold separations and expected folds. COA John Reznikoff/PSA/DNA and R&R COA.
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