Scarce DS, signed “A. Hamilton,” one page, 7.25 x 9, August 31, 1792. Printed Treasury Department circular. In part: “Agreeably to an order of the Senate of the United States…I have to request that you will furnish me…with the particular statements required by the said order…as Uniformity in the mode of stating the receipts and disbursements will facilitate the business, a form is hereto annexed as a guide…Collectors will obtain and transmit at the same time similar documents from the Inspectors, Gaugers, Measurers and Weighers, or other persons…from which salaries, fees or emoluments are derived.” In fine condition, with intersecting folds, some light scattered staining, and a bit of paper loss to upper left corner. This interesting financial document dates to shortly after Hamilton deftly managed to resolve the Panic of 1792, precipitated by a crash in the price of securities in combination with overextended credit. Hamilton was able to introduce measures to restore confidence in the markets and used the Treasury to buy back securities; his actions were able to stabilize the crisis within just one month, avoiding a prolonged recession. Pre-certified PSA/DNA and RR Auction COA.
This item is Pre-Certified by PSA/DNA
Buy a third-party letter of authenticity for
$75.00
*This item has been pre-certified by a trusted third-party authentication service, and by placing a bid on this item, you agree to accept the opinion of this authentication service. If you wish to have an opinion rendered by a different authenticator of your choosing, you must do so prior to your placing of any bid. RR Auction is not responsible for differing opinions submitted 30 days after the date of the sale.
