Title: Report on Revenue, Appropriations, and Expenditures, [14 February 1793]
From: Hamilton, Alexander
To: President of the Senate

Treasury DepartmentFeby 14th. 1793[Communicated on February 14, 1793]
[To the President of the Senate]
Sir
I have the honor to transmit herewith in further pursuance of the order of the Senate of the 23rd of January past, these several statements marked A.B.C.
A being a general account of revenue and appropriations; exhibiting on one side all the Income of the United States, except from the proceeds of Loans foreign & Domestic, to the end of the year 1792, on the other the respective amounts of all the appropriations which have been made by law to the same period.
B being a general account of appropriations and expenditures to the same end of the year 1792. This statement takes up the excess of the appropriations beyond the Expenditure to the end of the year 1791 as contained in the Account of receipts and expenditures reported to the House of Representatives during the present session, and, including all the subsequent appropriations and expenditures to the end of 1792, shews the balance unsatisfied of each head of appropriation.
C being an explanatory statement for the purpose of shewing a conformity between the aggregate of the balances of appropriations unsatisfied and the balance of the Public Income beyond the Public Expenditure, to the end of the year 1792, as represented in the Statement B heretofore reported.
It will be observed that the most considerable item among the balances of appropriations is for interest on the public debt amounting to 1,395,824 Dollars & 65 Cents. This happens in three ways—1 The interest on the foreign part of the debt has been paid in Europe out of the proceeds of the loans—the sum paid will consequently require to be replaced out of the domestic funds and will operate as if an equal sum had been transferred here by drafts. 2d. The payment of interest to certain States upon the difference between their quotas of the assumed debt and the sums subscribed upon the first loan has been suspended in consequence of the opening of the second loan to avoid a double payment of interest, first to the States and next to subscribers; which might otherwise happen. 3rd There is a part of the public debt which has continued in a form that has not entitled the holders under the existing laws to receive interest either as subscribers or non subscribers.

There are certain arrears of interest on the part of the debt intitled to Interest which did not come into the accounts of the year 1792.
This balance of interest however will be a real future expenditure as indeed will be the case with regard to most of the other balances of appropriations. There will be surplusses, but these surplusses cannot exceed, if they equal, the sum mentioned in my letter of the 4th instant to the House of Representatives.
With perfect respect   I have the honor to be   Sir   Your obedt Servant
Alex HamiltonSecy of the Treasy
The Vice President of theUnited States & President of the Senate


Title: Statement A: [Revenue of the United States and Appropriations Charged Thereon], 14 February 1793
From: Hamilton, Alexander
To:

[A]
Statement of the Revenue of the United States and Appropriations Charged Thereon to the End of the Year 1792.
Dr.

Revenue

  Dollars Cts.

To
Amount of Duties on Imports and Tonnage and of Fines Penalties and Forfeitures from the commencement of the present Government to the 31st Decr. 1791.
}
6,534,263 84

“
Product of Duties on Spirits distilld within the United States for a half year ending the 31st of December 1791. as estimated
}
150,000.

“
Product of Duties on Imports and Tonnage &ca. for the year 1792 heretofore estimated at
}
3,900,000

“
Ditto on Spirits distilled within the United States for the same period as estimated
}
400,000

“
Cash received into the Treasury from Fines Forfeitures & for Balances to the end of the year 1791
}
11.355 93

“
Ditto recd for Arms & Accoutrements sold, Fines & Penalties, Balances of Accounts settled in the year 1792 and on accot. of the first dividend declared by the Bank of the United States
}
21.860 87

Dollars
11,017.460. 64

Cr.

Date of Acts
Appropriations
  Dollars Cts.

1789

Augst.
20
By.
Appropriation for Indian Treaties
20.000

Septr.
29
“
do. for sundry objects
639.000

1790

Mar:
26
“
do. for support of Government
754,658 99

July
 1st.
“
do. Intercourse with Forn. Nations 90 & 91.
80,000.

“
 “
“
do. do. for 1792
40,000

“
 “
“
do. for the claim of John McCord
1.309 71

“
22nd.
“
do. for Indian Treaties
20.000

Augst.
 4th
“
do. Intert. on the Debt Forn. & Domst: for 91.
2.060 861 40

“
 “
“
do. do. for 1792
2.849 194 73

“
 “
“
do. for the Cutter Establishment
10,000

“
10
“
do. for Portland Lighthouse
1.500

“
 “
“
do. for disabled Seamen
548 57

“
12
“
do. for sundry objects
233 219 97

“
 “
“

do. for reduction of the public debt being surplus of revenue for 1790}

1.374 656. 40

1791

Feb:
11
“
do. for sundry objects
740.232 60

Mar:
 3rd.
“
do. Recognition of the Treaty with Morocco
20,000

“
 “
“
do. the protection of the Frontiers
312,686 20

“
 “
“
do. Officers of the Judicial Courts
4055 33

Decr:
23rd:
“
do. the support of Governmt. for 1792
1,059 222 81

1792.

April
 2nd:
“
do. for a Lighthouse on Baldhead
4,000

“
 “
“
do. Mint Establishment
7 000

“
13th.
“
do. Wilmington Grammar-School
2 553 64

May
 2nd:
“
do. for Protection of the Frontiers
673,500

“
 8th.
“
do. for sundry objects
84,497 90

“
 “
“
do. for compensation to Colo. Gibson
1 000

“
 “
“
do. the claim of John Brown Cutting
     2 000

10 995.698 25

Surplus of Revenue above the appropriations to the end of the year 1792}

   21,762 39

Dollars
 11.017.460. 64

Treasury Department Febr. 14. 1793
Alexander Hamilton


Title: Statement B: [Appropriations and Expenditures of the United States], 14 February 1793
From: Hamilton, Alexander
To:

[B]
A General Statement of the Appropriations Made by Law, and of the Expenditures of the United States in Relation Thereto, from the First Day of January to the Last Day of December 1792.

Dates and Titles of the Acts of Appropriations.
For discharging the warrants issued by the late Board of Treasury
For the support of the Civil List under the late and present Government
For the support of the Army of the United States
For paying the pensions due to Invalids.
For defraying the expences of negociations or treaties of peace with the Indian Tribes
For paying Interest due on temporary loans obtained by the Secretary of the Treasury.
For the support of the Ministers &c of the United States at foreign Courts & maintaining intercourse with Foreign Nations
For effecting a recognition of the Treaty of the United States with the new Emperor of Morocco
For the building, equipment, and support of ten revenue cutters.
Towards discharging certain debts contracted by Ab: Skinner, late commissary of Prisoners.
Towards discharging certain debts contracted by Colonel Timothy Pickering
For paying the Interest due on the Domestic debt of the United States.

      Balances remaining unexpended on the 31st. of december 1791, on appropriations made prior to the 23d. of said month, agreeably to the schedule annexed to the General account of Receipts and Expenditures rendered to the House of Representatives on the 10th: of November 1792.
      }

32.210.06
189,706.55
314,362.93
104,629.44
13,000.—
2,401.88
78,266.67
7,000.—
32,757.50
209.62
38,545.92
229,452.94

1790
July
1:
An Act providing the means of Intercourse between the United States, and Foreign Nations

40,000.—

Aug.
4:
An Act making provision for the debt of the United States

    {
    A.  691,231.26
    }

    B. 2,849,194.73

1791
Mar:
3.
An Act to incorporate the Subscribers to the Bank of the United States

Decr.
23:
An Act making appropriations for the support of Government for the year 1792

329.653.56
444.986.16
87.463.60

1792
Apl.
2:
An Act for finishing the Light house on Bald Head at the mouth of Cape Fear river in the state of No. Carola.

“
An Act establishing the Mint and regulating the coins of the United States

“

An Act to compensate the corporation of Trustees of the Public Grammar School & Academy of Wilmington in the State of Delaware, for the occupation of & damages done to the said School, during the late War}

May
2:
An Act for raising a further sum of money for the protection of the frontiers & for other purposes therein mentd.

673.500.–

8
An Act supplementary to the Act making provision for the debt of the United States

“
An Act making certain appropriations therein specified

“
An Act to compensate the services of the late Colonel George Gibson

50,000.—

“
An Act concerning the claim of John Brown Cutting against the United States

Amount of Appropriations
32,210.06
519,360.11
1,432,849.09
192,093 04
13,000.—
2,401.88.
168,266.67
7,000.—
32,757.50
209.62
38,545.92
3,769,878.93

Amount of payments during the year 1792
33.33
327,711.80
1,116,687.32
108.800.15

78,766.67

53.02

2,606.18
2,374,054 28

Balances unexpended on the 31st. of December 1792.
32,176.73
191,648.31
316,161.77
83,292.89
13,000.—
2,401.88
89,500.—
7,000.—
32,704.48
209.62
35,939.74
F. 1,395,824.65

Dates and Titles of the Acts of Appropriations.
For paying bills of exchange drawn on the late Commr. at Paris, for Interest due on loan office certificates.
For the support and repairs of lighthouses, beacons, buoys & public piers.
For defraying the contingent charges of Government
For the reduction of the public debt.
For defraying the expences [of the enumeration] of the Inhabitants of the United States.
For satisfying miscellaneous claims.
For balances due to the French Government, to Oliver Pollock &ca. &ca.
For paying the debt due to Foreign Officers.
For payments on account of the French debt.
For effecting a subscription in behalf of the United States to the Bank of the United States
Total Amount

      Balances remaining unexpended on the 31st. of december 1791, on appropriations made prior to the 23d. of said month, agreeably to the schedule annexed to the General account of Receipts and Expenditures rendered to the House of Representatives on the 10th: of November 1792.
      }

152.38.
43,089.15
8,744.30
674,672.17
1,259.29
13,570.33

1,784,061.13

1790
July
1:
An Act providing the means of Intercourse between the United States, and Foreign Nations

40,000.—

Aug.
4:
An Act making provision for the debt of the United States

C. 726,000—

4,266,425.99

1791
Mar:
3.
An Act to incorporate the Subscribers to the Bank of the United States

4,000,000.—
4,000,000.—

Decr.
23:
An Act making appropriations for the support of Government for the year 1792

197,119.49

1,059,222.81

1792
Apl.
2:
An Act for finishing the Light house on Bald Head at the mouth of Cape Fear river in the state of No. Carola.

4.000.—

D. 7,000.—

4,000—

“
An Act establishing the Mint and regulating the coins of the United States

7,000.—

“
An Act to compensate the corporation of Trustees of the Public Grammar School & Academy of Wilmington in the State of Delaware, for the occupation of & damages done to the said School, during the late War
}

2,553.64

2,553.64

May
2:
An Act for raising a further sum of money for the protection of the frontiers & for other purposes therein mentd.

673,500.—

8
An Act supplementary to the Act making provision for the debt of the United States

E. 191,316.90

191,316.90

“
An Act making certain appropriations therein specified

34,497.90

84,497.90

“
An Act to compensate the services of the late Colonel George Gibson

1,000.—

1,000—

“
An Act concerning the claim of John Brown Cutting against the United States

2,000.—

2,000.—

Amount of Appropriations
152.38
47,089.15
8,774.30
674,672.17
1,259.29
26,123.97
231,617.39
191,316.90
726,000.—
4,000.000.—
12,115,578.37

Amount of payments during the year 1792
152.38
28,265.04
471.80
257,786.42
1,259.29
14,652.61
202,773.14
18,354.79
G. 435,263.83
4,000.000.—
8,967,692.05

Balances unexpended on the 31st. of December 1792.

18,824.11
8,302.50
416,885.75

11,471.36
28,844.25
172,962.11
290,736.17

3,147,886.32

The Balance of the appropriations brought down is
3,147,886.32

From which deduct the following sums, being payable out of the Foreign Funds vizt.

Balance payable to Foreign officers
172,962 11

Balance due on account of the sum requested for St. Domingo
290,736.17
463,698.28

Remainder being the unsatisfied appropriations charged upon the Revenue
2,684,188.04

  A.
  The difference between the actual dividends declared on the public debt to the end of the year 1791, as contained in the printed statement, and the entire Interest for that year as estimated, including the Foreign Debt.

  B.
  The Interest on the debt for the year 1792, as estimated.

  C.
  The sum requested by the National assembly of France by their decree of June 26th: 1792, for the Colony of St. Domingo.   4,000,000 Livres.

  D.
  The Sum actually advanced for the Mint Establishment, during the year 1792.

  E.
  The debt payable to Foreign Officers contemplated in the fifth section of the act supplementary to the act making provision for the Debt of the United States.

  F.
  In this balance is included two years Interest on the Foreign Debt which has been paid out of the Foreign Loans, the accounts of which remain unsettled also the Interest on that part of the Domestic Debt which has not been funded, or registered at the Treasury so as to be entitled to a dividend and also the Interest due to States on the unsubscribed balance of the assumed debt, the payment of which is at present suspended.

  G.
  Warrants for 445,263 Dollars and 83 Cents had been drawn on the 31st. of december 1792, towards the debt due to France, as stated in the report of the Secretary of the Treasury of the 3d. of January 1793   10,000 Dollars of which however had not been paid by the Treasurer at that time, and consequently not charged in his accounts.

Treasury Department February 14. 1793
Alex HamiltonSecy of the Treasy


Title: Statement C: [Debts Charged upon the Unexpended and Uncollected Income of the United States], 14 February 1793
From: Hamilton, Alexander
To:

[C]
Statement Exhibiting the Debts Charged upon the Unexpended and Uncollected Income of the United States on the Last Day of the Year 1792

To the following Sums, which rested as Charges upon the Excess of Income stated ⅌ Contra on the 31st. December 1792. Vizt:

By the Excess of Income beyond the actual disbursements of the Treasury to the end of the Year 1792, including all sums remaining uncollected at that time as also Dollrs. 2305.769.13 the proceeds of Bills of Exchange drawn on the Foreign Funds as stated in the account marked B. rendered to the House of Representatives on the 4th. of February 1793

Balances of unsatisfied Appropriations as specified in the Schedule herewith marked [B]
2.684.188 04

Balance reserved to compleat the sum requested for St. Domingo
290.736 17

Balance reserved to compleat the payment of debts due to Foreign Officers
172.962  11

5.114.696. 50

Debt due to the Bank of North America for a Loan without Interest
156.595 56
The Balance of the Foreign Fund as herein stated is thus deduced Vizt.

Debt due to the Bank of the United States for a Loan for the War Department
  400.000
The total amount of bills drawn was Deduct

2.305.769 13

3.704.481 88

Balance of the Foreign Fund not specially applied & subject to disposition
1.388.452 23
Paid for the Colony of St. Domingo as ⅌ Statement marked
}
435.263. 83

Surplus of Revenue above the appropriations to the end of 1792 agreeably to a statement marked A herewith
   21.762 39
Paid to Foreign Officers at ⅌ ditto

18.354. 79

 5.114.696 50
Reserved to compleat the payment for St Domingo
}
290.736. 17

Reserved to compleat the payment to Foreign Officers
}
 172.962.11

 917.316 90

Balance as before Stated

1.388.452 23

Treasury Department February 14. 1793
Alex HamiltonSecy of the Treasy


Title: From Alexander Hamilton to Jean Baptiste de Ternant, 14 February 1793
From: Hamilton, Alexander
To: Ternant, Jean Baptiste de

Departement de la tresoreriele 14 fevr. 1793
Mr.
Conformément aux ordres du President, et à l’information que vous en avez recue aujourdhuy de la part du secretaire d’etat, je mettrai à votre disposition une somme de cent mille piastres. Cette somme sera prete à etre acquittée le lr. avril prochain, ce qui au cours des affaires de la place, équivaut à un payement immédiat.
J’ai l’honeur d’etre avec respect et estime Mr. etc.
Alexandre hamilton.


Title: To Alexander Hamilton from Edward Carrington, 15 February 1793
From: Carrington, Edward
To: Hamilton, Alexander

Richmond Feb. 15. 1793
Dr Sir
I have been favored with a packet from you containing several Copies of your letter of the 4th. Instant to the Speaker of the House of Representatives. I had fully anticipated the decided contradictions contained in this letter, to the suggestions which gave rise to it, having seen the Resolutions alluded to. The Copies of the letter are circulated as far as the Numbers would admit, and I think, if you could send me more, they might be distributed with good effect.
I cannot but be of opinion that you ought to rejoice in those attacks which lead to decided contradictions—both sides of the question get fairly presented to public view and truth must ultimately have its due effect.
I am with great regard   Your sincere Friend   & He st.
Ed. Carrington


Title: To Alexander Hamilton from Tench Coxe, 15 February 1793
From: Coxe, Tench
To: Hamilton, Alexander

Treasury Department,Revenue Office, February 15th. 1793.
Sir,
I have the honor to apprize you that “The act supplementary to the Act for the Establishment & support of Light Houses, Beacons, Buoys and public piers” will expire by its own limitations in regard to the unceded establishments of that Nature on the first day of July next.
It appears necessary therefore that a New Act of continuance should be passed as several important instances of want of cession exist. It will be remembered that it has been found on Inspection, that the Jurisdiction of the establishments in Massachusetts has not been duly ceded.
I have the honor to be, with great respect,   sir, your most Obedt. Servant
Tench Coxe.Commissr. of the Revenue.
The honble.The Secretary of the Treasury.


Title: From Alexander Hamilton to Jonathan Trumbull, 15 February 1793
From: Hamilton, Alexander
To: Trumbull, Jonathan

Treasury Department,February 15th. 1793.
Sir,
I have reason to believe that in my letter of yesterday No. 11, certain words were omitted in copying, necessary to the sense of the clause.
The clause alluded to probably stands thus.
“The laws authorizing the loans, passed the 4th. and 12th. of August. As early as the 28th. of that month, the acceptance above mentioned was communicated. So far no time was lost more than could not have been avoided.”
The words supposed to be omitted, are these, “and the application of 1,500,000 florins in a payment to France directed.” These words ought to follow the word “communicated.”
I request that the Clerk of the House of Representatives may be permitted to insert those words in their proper place.
With perfect respect,   I have the honor to be, Sir,   your obedient & humble servant.
A. Hamilton.
The Honorable the Speaker ofthe House of Representatives.


Title: From Alexander Hamilton to George Washington, [15 February 1793]
From: Hamilton, Alexander
To: Washington, George

[Philadelphia, February 15, 1793]
The Secretary of the Treasury has the honor to communicate, for the perusal of the President, a copy of his second Letter to the H: of Representatives; which he will be obliged, if not inconvenient, to the President, to have returned on Monday morning, to be then sent to the Senate.
Friday 15 feby: 1793.


Title: To Alexander Hamilton from Caleb Gibbs, 16 February 1793
From: Gibbs, Caleb
To: Hamilton, Alexander

Barre [Massachusetts] February 16, 1793. “The foregoing Duplicate My Dear Friend I forward apprehensive that my Letters must have miscarried or otherwise I should certainly have heard from you ere this. Let me repeat my solicitations and ask an answer, feel for me, call up your esteem for me, Let me not be a cast off.…”


Title: To Alexander Hamilton from Samuel Paterson, 16 February 1793
From: Paterson, Samuel
To: Hamilton, Alexander

Edin[burg]h. 16 feby. 1793
Respectd. Sir
My desire to doe what I think may encrease the prosperity of a Free Country makes me once more adress you with the inclosed paper on Cash accounts as given out by the Banks in Scotland a measure that has been followed by the private Banks of England & what has added more to the prosperity of G Britain within the last 30 years that it has been adopted then any other operation in Banking—as well as given greater gains to the Banking Compys.
Understanding that the Same is not adopted or pursued by the Two Banks in Philadelphia I have presumed theirfore to give you Some account of the practice, hoping if it is not adopted before this Comes to your hand you will fully Consider it & If you approve of it, get it adopted by the Bank of the United states, & the others will soon perceive the Benefit of it, & follow it.
Warr being now begun twixt Britain & France, It Certainly is the Intrest & duty of the Government of the United States of America, to get directly Packet Boats or Ships for Carrying the Letters, Bills of Exchange &c &c. twixt Britain & America—as well as twixt France Holland &c. & America—As the British Packets will be Captured by the French & the French Packets by the British.
It will be Needfull for the United States of America, to have a few Frigates or Ships of Warr, that their Flag may be respectd in the generall Convulsion of Europe.
Its Strongly reported & Confidently asserted in all the Ministeriall prints, that Spain has agreed to Join the Confedracy of Kings against France. If its true America Never had a better oppertunity to procure the Opening of the River Missisipie to her Vessells. And I hope the Wisdom of America will improve it, to that purpose.
I have Seen a Copy of your Report to Congress on the Encouraging of Manufacters &c. It has been printed I understand at Dublin, destributed & Sold cheap. It Should be printed in the Dutch French & German Languages fix the price to it & get it Sold in these Countrys—the best premium you Can give to Encourage the poor distressed Subjects of these States to flock to America. Here if the price was Not fixed to a pamphlet the Booksellers would Not Sell it Cheap. I suppose the Booksellers thro Europe are the Same. Here the great people & Landed Intrest discourage Emigrations to America, as Well as government. I suppose its the Same in Holland France & flanders. Would it not be the Intrest of America to give Some Encouragement to Ships bringing over Passengers of Certain Descriptions?
I have Sent you the Speech of Mr. Erskine at London on the Liberty of the Press—also a Translation on Legislation from the Italian of Filangieri & an Acct. of the representation of the Burroughs Cinque Ports &c. of G Britain in 3 Vollumes.
This letter is Not Sent out of assuming ambition. I dont wish you on Any account to Spend a Moment of Your time in giving me any reply. I Shall trouble you no More—only Consider & Read what I have said. I have always thought that bystanders might notice what a great man Engaged in the affairs of a Nation might have in his Numerous Engagements over looked. with Respect & Esteem I am Sr. Yr hb Ser
Sam. Paterson
To A Hamilton Esqr.Philadelphia
P. S. The Banks of Scotland are greatly assisted by the trouble with which Gold passes, if the least light or Even Exact weight. Every Body on this account prefers a Bank Note of a Guinea to a gold Cuinea. The Banks to Encourage this are very Nice about what Gold they take & its alledged they often refuse what Ought to Pass.
S.P.


Title: From Alexander Hamilton to George Washington, [16 February 1793]
From: Hamilton, Alexander
To: Washington, George

[Philadelphia, February 16, 1793]
The Secretary of the Treasury presents his respects to the President, and has the honor to enclose the statement respecting the French debt. He hopes to be able to wait upon the President on Monday, when he will give a further explanation.
Saturday 16 feby. 93.


Title: To Alexander Hamilton from Angelica Church, [17 February 1793]
From: Church, Angelica
To: Hamilton, Alexander

[London, February 17, 1793]
My dear Brother: You will receive this from a friend of mine and an admirer of your virtues and your talents. He goes to America to partake of that Liberty for which he has often exposed his life, and to render it all the services his knowledge of Europe and of the emigration about to take place to America, give the opportunity of doing.
The Count de Noailles requires less recommendation than most people, because he is well known to you my friend. When you and he have talked over Europe and America, spare a few moments to the recollection of your faithful friend
And affectionate sister,
Angelica Church.
London, February 17th, 1793.
Alexander Hamilton, Esq.


Title: To Alexander Hamilton from George Washington, 17 February 1793
From: Washington, George
To: Hamilton, Alexander

United States, February 17 1793.
(Private)
Sir,
I transmit you a copy of a Letter from the Secretary of War to me, with the heads of instructions proposed to be given to the Commissioners who may be appointed to hold a Treaty with the Western Indians in the Spring.
As I intend in a few days to call for the advice & opinion of the heads of the Departments on the points touched upon in the enclosed paper, I must request you will give it an attentive and serious consideration, and note such alterations, amendments or additions in writing as may appear to you proper to be introduced into the Instructions proposed to be given to the Commissioners.
I shall likewise request the opinion of the same Gentlemen upon the expediency of asking the advice of the Senate, before the end of their present Session, as to the propriety of instructing the Commissioners to recede from the present boundary, provided peace cannot be established with the Indians upon other terms. I therefore desire you will turn your attention to this matter also, in order that you may be able to give a deliberate opinion thereon, when the Gentlemen shall be called together.
Go: Washington
The Secretary of the Treasury


Title: To Alexander Hamilton from Tobias Lear, 18 February 1793
From: Lear, Tobias
To: Hamilton, Alexander

[Philadelphia] Monday 18 febry. 1793.
Dear Sir,
The President does not recollect the name of the person mentioned to succeed the Collector of Edenton (N:C.) and wishes you to send it. Is it intended that the person mentioned should be appointed Inspector of Survey No. 2. which office was held by the Collector of Edenton? Inspector of the Port he will be of course. Is William Munson to be appointed Inspector as well as Surveyor of the Port of New Haven? And if so, how is the matter to be settled with the Collector, who has heretofore held the Office of Inspector?
The President is desirous that the nominations should go to the Senate today, which is the cause of my giving you this trouble. I call’d at your House & Office to mention these matters; but had not the pleasure to find you at either.
I am &c.
Tos: LearS. P U S


Title: Enclosure (Ax.): [Market Prices of Public Stocks], 16 February 1793
From: McConnell, Matthew
To:

Market Prices of Public Stocks, Taken from Actual Purchases and Sales.

Dates

6 per Cents.
3 per Cents.
Deferred.

1791 January
3d
17/.
9/.
8/9. to 9/.

20th
17/3
9/
8/10. to 9/.

Treasurers purchases
24th
17/4

26th.

9/1

February
2d.
17/. to 17/4
9/1
9/2.

8th.
17/4
9/1
9/2.

14th.
17/6
9/2
9/4.

21th.
17/2

9/2.

28th
17/.

March
5th
17/.

9/.

12th
17/.
9/.

25th

9/.

April
2d
17/.
9/.
9/.

7th.
17/1

20th
17/2

26th:
17/,
9/
8/11

30th.
17/5
9/3
9/.

May
4th.

9/.
9/.

14th
17/2

20th
17/2
9/2
9/1

25th
17/2
9/1
9/.

27th:
17/2

9/

June
7th
17/2
9/3
9/3.

10th:
17/6
9/6
9/4

15th.
17/6

25th
17/9
10/.

July
1st.
17/10
9/9 to 9/10
9/9. to 9/10.

5th
18/
10/.
10/.

11th
18/7
9/9.

21st.
19/

23rd
19/3
12/
12/

29th
20/

August
1st
20/6

6th
21/

16th
21/
12/.
12/6.

Treasurer’s price
17th
21/

12/6.

20th
21/

25th
21/
12/5
12/10.

30th

12/10

September
1st
21/3

12/9

3rd
21/

12/9

Treasurer’s price
8th to 14th

12/.
12/6

16th
20/9
12/
12/6

October
1st to 14th
20/4 to 20/9
12/3
12/4 to 12/6

25th
21/8
12/3
13/3.

November
2d.
21/7
12/3
13/3.

12th

12/6
13/.

16th
22/
12/7.
13/3

December
2d.
22/1

6th.
22/2
12/10
13/2

12th

12/10
13/2.

22d
22/4
13/
13/2.

1792 January
4th.
23/4

9th
23/9

20th.
24/3
14/6
14/6.

February
9th
24/9
14/6
15/.

15th
24/7

21st.

15/.

23d
24/
14/3
14/9

March
7th
24/
14/6
15/.

15th
22/

26th.
21/3

April
12th
20/
12/
12/6

May
12th
21/3

14th
21/6

25th to 29th
22/

June
7th
22/

16th

13/.

July
2d
21/3
12/6
13/.

14th
21/2

17th.

12/4
12/10 to 13/.

20th
21/6
12/4 to 12/6
12/10 to 13/.

August
6th

  21/11
  }

  22/

12/10 to 13/

9th

13th.

13/3

September
12th
22/
13/1
13/6.

22d
21/11

26th

13/1
13/7.

October
2d
21/9 to 21/11

5th to 8th

13/

23d to 26th
21/6
13/
13/6

December
7th.

12/5

14th.
20/2. to 3d.

At the request of the Secretary of the Treasury of the United States, I do certify that the prices mentioned in the foregoing statement, are taken from entries made in my books of purchases and sales of public stocks, in this City, at the respective Dates therein mentioned.

Matthew McConnell.
Philadelphia, February 16th. 1793.


Title: Enclosure (B.y.): [Prices of Public Stocks Taken from Gazette of the United States], 19 February 1793
From: Meyer, John
To:

Prices of the Public Stocks Taken from the Gazette of the United States.

Date

6 per Cent.
Deferred.
3 per Cent.

1791. January
1st
17/6
8/6
8/6

5th
17/3
8/6
8/6

8th
17/3
8/9
8/6

12th
17/
8/9
8/6

15th
17/
8/9
8/6

19th
17/
9/
8/9.

22d
17/4
9/4
9/

26th
16/9
9/
9/

29th
17/
9/
9/

February
2d
17/3
9/1
9/

5th
17/3
9/1
9/

9th
17/4
9/2
9/2

12th
17/8
9/2
9/2

16th
17/3
9/2
9/1.

19th
17/6
9/2
9/1.

23d
17/2
9/2
9/1

26th
17/3
9/2
9/2

March
2d
17/3
9/2
9/2

5th
17/
9/1
9/1

9th
17/
9/1
9/1

12th
17/
9/
9/

16th
17/1
9/
9/

19th
17/1
9/
9/

23d
17/
9/
9/

March
26.
17/1
9/
9/

30
17/1
9/
9/

April
2
17/2
9/
9/

6.
17/2
9/
9/

9.
17/2
9/
9/

13.
17/
9/
9/1

16.
17/2
9/
9/2

20.
17/
9/
9/

23.
17/
9/
9/

30.
17/2
9/1
9/2

May
4.
17/2
9/1
9/2

7.
17/2
9/1
9/2.

11.

14.
17/2
9/1
9/2

18.
17/2
9/1
9/2

21.
17/2
9/1
9/2

25
17/2
9/1
9/2

28.
17/2
9/2
9/3

June
1
17/2
9/2
9/4

4
17/3
9/3
9/4

8
17/6
9/4
9/5

11
17/6
9/4
9/5

15
17/6
9/4
9/5

18
17/7
9/5
9/7

22
17/7
9/5
9/7

25
17/8
9/9
9/9

29
18/
10/
10/

July
2
18/
10/
10/

6
17/10
9/11
9/11

9
18/
10/
10/

13.
18/6
10/6
10/6

16
18/9
10/9
10/9

20
19/
10/9
10/9

23
19/11
11/
11/

27.
19/6
11/9
12/

30
20/
12/
12/

August
3.
20/6
13/.
12/6.

6
21/3
13/11
12/9.

10
22/3
13/6
13/3.

13
22/6
13/4
13/2

17.
20/
12/6
12/6

20
20/6
13/
12/6

24
21/3
12/6
12/3

27.
21/3
12/9
12/5

31.
21/3
12/9
12/5.

September
3.
21/3
12/9
12/5

7.
21/
12/9
12/5

10
21/
12/6
12/

14
21/
12/6
12/

17.
20/6
12/6
12/

21.
20/9
12/
11/9.

24
20/9
12/
11/9.

28
20/9
12/
11/9

October
1.
20/6
12/2
11/6

5
20/6
12/3
11/6

8
20/6
12/3
11/3.

12
20/8
12/4
11/4.

15
20/8
12/6
11/4

19
21/
12/9
11/9.

22
21/6
13/
12/

26
22/
13/4
12/6.

29
22/
13/4
12/6.

November
2.
21/6
13/3
12/3.

5.
21/8
13/3
12/6.

9.
21/6
13/
12/3.

12
22/
13/2
12/6.

16
22/
13/2
12/6.

19
22/2
13/4
12/6.

23
22/
13/
12/6.

26
21/10
13/2
12/4.

30
21/9
13/
12/5.

December
3
22/2
13/3
12/8.

7.
22/2
13/3
12/10

10
22/4
13/4
13/.

14.
22/2
13/3
13/.

17.
22/6
13/3
13/.

21
22/3
13/3
13/.

24
22/6
13/3
13/.

28
22/9
13/6
13/4.

31.
23/
13/8
13/6.

1792. January
4
23/4
14/2
14/.

7
23/4
14/
13/10

11
23/9
14/6
14/3

14
24/
15/1
14/8

18
24/9
15/3
15/

21
24/8
15/2
15/

25
25/9
15/8
15/4.

28
25/
15/2
15/.

February
1
25/6
15/6
15/4

4
25/3
15/3
15/

8
25/1
15/3
15/

11

15
24/7
15/
14/8

18
24/2
15/
14/6

22
24/1
14/8
14/5

25
24/4
14/8
14/3

29
24/6
14/10
14/4

March
3
24/8
15/
14/4

7
25/
15/
14/6

10
24/
14/9
14/

14
22/
13/6
13/2

17.
22/
13/6
13/2

21.
22/
13/
12/6.

24
21/4
12/6
12/

28
21/
12/6
12/

31
21/3
12/6
12/

April
4
21/
12/6
12/.

7
21/
12/6
12/

11
20/
12/6
12/

14
20/
12/
11/6

18

21
20/
12/
11/6

25

28
21/
12/9
12/3.

May
2
21/
12/6
12/2.

5
21/3
12/9
12/2

9.
21/3
12/9
12/2

12
21/6
13/
12/6

May
16
21/8
13/
12/6

19
21/8
13/
12/6

23
22/
13/2
12/8

26
22/
13/2
12/8

30
22/6
13/9.
13/4

June
2
22/6
13/9.
13/4

6.

9
22/3
13/9
13/2

13
22/2
13/6
13/

16
22/
13/2
13/

20
22/
13/2
13/

23
21/7
13/
12/4

27.
21/
13/
12/4

30
21/
13/
12/4

July
4
21/4
13/.
12/6

7.
21/4
13/
12/6

11
21/3
13/
12/3

14
21/3
13/
12/3

18
21/
12/10
12/3

21
21/3
13/
12/4

25
21/4
13/1
12/6

28
21/4
13/1
12/6

August
1
21/4
13/
12/6

4
21/6
13/6
12/6

8
22/
13/4
12/10

11
21/9
13/
12/6

15
21/9
13/2
12/10

18
21/9
13/3
12/9

22
22/
13/4
12/9

25
22/
13/6
13/

29
22/
13/6
13/.

September
1
22/
13/6
13/

5

8
22/
13/6
13/

12
22/2
13/7
13/1

15
22/
13/7
13/1

19
22/
13/6
13/

22
22/
13/6
13/

26
22/
13/6
13/

29

October
3
22/
13/7
13/1

6
21/9
13/6
13/

10
21/9
13/6
13/.

12
21/9
13/6
13/

17.
21/6
13/4
12/10

20
21/6
13/4
12/10

24
21/6
13/4
12/10

27
21/4
13/4
12/9

31
21/4
13/4
12/9

November
3
21/4
13/3
12/8

7
21/4
13/3
12/8

10
21/2
13/2
12/6

14
21/3
13/3
12/6

17

21
21/3
13/3
12/7

24
21/3
13/3
12/7

28
21/3
13/3
12/6

December
1
21/3
13/3
12/6

5
21/
13/
12/4

8
20/9
13/
12/

12
20/3
12/3
12/.

15

19
20/2
12/4
12/

22
20/
12/4
11/4

26.
20/
12/4
11/10

29
20/6
12/8
12/

John Meyer, P: Clk.
Treasury Department February 19th 1793.


Title: Enclosure (CZ): [Comparative Statement of Bonds for Duties Becoming Due], 19 February 1793
From: Wood, Leighton
To:

A Comparative Statement of Bonds for Duties Becoming Due from November 1792, to September 1793, Inclusive As Per Monthly Abstracts Thereof Taken 7th November and 7th december.

Date of Abstract
Due in 1792 November
Due in December
Due in 1793 January
Due in February.
Due in March.
Due in April
Due in May
Due in June.
Due in July.
Due in August
Due in September
Total.

Dolls. Cts.
Dolls. Cts.
Dolls. Cts.
Dolls. Cts
Dolls. Cts
Dolls. Cts
Dolls. Cts
Dolls. Cts
Dolls. Cts
Dolls. Cts
Dolls. Cts
Dolls. Cts.

Amt: per Abstract taken 7th November
}
487,313.90
341,600.58.
85,992.87.
26,870. 3.
83,168.12.
78,843. 5.
54,898.21.
50,118.64.
39,716.75.
7,858. 1
13,953.66.
1,270,333.82.

Amt: per abstract taken 7th December
}
520,577.89.
460,125.99
128,710.62
60,607.55.
181,184.51.
95,596.37.
61,362.99.
107,956.35
56,667.84
32,807.22
60,045.22
1,765,642.55.

Excess of December Abstract
}
33,263.99
118,525.41.
42,717.75.
33,737.52
98,016.39.
16,753.32
6,464.78.
57,837.71
16,951. 9
24,949.21
46,091.56
495,308.75.

February 19th 1793
L. Wood, junr.


Title: Enclosure (D.): [Sums of Appropriation to the End of the Year 1792], 19 February 1793
From: Hamilton, Alexander
To:

Statement Shewing the Sums of Appropriation to the End of the Year 1792. Which Will Probably Not Be Required to Satisfy the Same.

Balances of appropriation unexpended on the 31st December 1792.
Balance which will probably not be required.
Balance which will be required

dolls: Cents.
dolls. Cts
dolls: Cents

For discharging the warrants issued by the late board of Treasury,
32,176. 73
20,000.
12,176. 73

For the support of the civil list under the late and present government,
191,648. 31.
50,000.
141.648. 31.

For the support of the army of the United States,
316,161. 77
150,000.
166,161. 77.

For paying the pensions due to invalids,
82,292. 89
43,017. 24
40,275. 65.

For defraying the expenses of negociations or treaties of peace with the Indians,
13,000.
13 000.

For interest due on temporary loans obtained by the Secretary of the Treasury,
2,401. 88

2,401. 88

For the support of the Ministers, &c. of the United States at foreign courts, and maintaining intercourse with foreign nations,
89,500.

89,500.

For effecting a recognition of the treaty of the United States with the new emperor of Morocco,
7,000.

7,000

For the building, equipment and support of ten revenue cutters
32,704. 48
32,704. 48

For discharging certain debts contracted by Abraham Skinner late commissary of prisoners,
209. 62
209. 62.

Towards discharging certain debts contracted by Colonel Timothy Pickering,
35,939. 74
20,000.
15,939. 74.

For paying the interest due on the domestic debt of the United States
1,395,824. 65

1,395,824. 65.

For the support and repairs of lighthouses, beacons, buoys & public piers
18,824. 11
10,000.
8,824. 11.

For defraying the contingent charges of government,
8,302. 50

8,302. 50.

For the reduction of the public debt,
416,885. 75

416,885. 75.

For satisfying miscellaneous claims,
11,471. 36

11,471. 36.

For balances due to the French government, to Oliver Pollock, &c.,
28,844. 25

28,844. 25.

For paying the debt due to foreign Officers,
172,962. 11

172,962. 11

For payments on account of the French debt
290,736, 17.

290,736. 17.

3,147,886. 32.
338,931. 34.
2,808,954. 98

   This sum has been adjusted in the accounts of the collectors, as a charge on the collection of the revenue.

Treasury departmentFebruary 19th, 1793.
Alexander Hamilton,Secretary of the Treasury.


Title: Enclosure (E.): [Probable State of Cash from December 1792 to April 1793], 20 February 1793
From: Hamilton, Alexander
To:

Dr.
Probable State of Cash from the Last of December 1792, to the 1st of April 1793.
Cr.

Dollars Cents

Dollars Cents

To Balance of cash in the Treasury, per statement (A)
783.444. 51.
By amount of warrants which were drawn prior to the 1st of January 1793, and not paid by the Treasurer,

   These of course did not come into his account for the last quarter of 1792.

42.136. 33.

Cash in the banks on account of foreign bills, not passed to credit of the Treasurer, per statement (A.B.)
605,883.  8.
Sums for which warrants have issued subsequent to the year 1792,
549,640. 91.

Amount of proceeds of ditto, deposited with the bank of North America,
177,998. 80.
Sums which were payable to foreign officers on the 31st December last 172,962. 11

Proceeds of Amsterdam bills, expected to be received by the 1st of April,
614,593.  2.
From which deduct payments made since that period included in the amount above stated, of warrants issued subsequent to the year 1792 9.985. 27

Cash in the hands of the collectors at the end of 1792, per abstract (D.)
151,851. 25.

Sums expected to be received during the present quarter, on account of duties prior to 1793
918,254. 82

162,976. 84.

Sums which may be received on account of duties of the current quarter,
10,000.
Sums payable on account of the debt due to France, to the 1st of April inclusively,
165,000.

Excess of dividend beyond the interest on the stock of the government in the bank of the United States for the last half year,
20,000.
Arrears for the War Department,
50,000

Other arrears to the end of 1792,
50.000.

Quarters interest on the public debt,
712,298. 68

Quarter part of the expenditure for the current service,
404,196. 27.

Sum requisite for the proposed Indian Treaty
75,000.

Sum advanced by the bank of North America, included in the deposit of the proceeds of bills per contra,
156,595. 56

Sum to be issued from the treasury to enable the Secretary of State to pay for the bills furnished to him for the purpose of the third section of the Act of last session making certain appropriations therein specified
50.000.

First instalment of 2,000,000 dollars due to the bank of the United States,
200,000.

Balance
  664,180. 89

 3,282,025. 48

 3,282,025. 48

Treasury Department, February 20th, 1793.
Alexander Hamilton, Secretary of the Treasury.


Title: From Alexander Hamilton to Samuel Hodgdon, 20 February 1793
From: Hamilton, Alexander
To: Hodgdon, Samuel

Treasury Department, February 20, 1793. “A warrant has this day issued on the Treasurer in your favor, as Attorney of James O Hara, Quarter Master General of the army of the United States, for 1800 Dollars to be applied by you to the payment of two bills, drawn on the Secretary of War by John Belli, Deputy Quarter Master General.”


Title: Meeting of the Commissioners of the Sinking Fund, [21 February 1793]
From: Commissioners of the Sinking Fund,Hamilton, Alexander
To:

[Philadelphia, February 21, 1793]
At a meeting of the trustees of the sinking fund, in the committee room of the Senate, February 21st, 1793,
Present: The Vice President, Chief Justice, Secretary of State, Secretary of the Treasury, and Attorney General.
The Vice President laid before the Board, a resolution of the House of Representatives of the 19th instant, directing the Board to lay before them a statement of all their proceedings not heretofore furnished; Whereupon,
Resolved, That a copy of the journal of the Board, and a statement of the purchases made, since the last report to Congress, be prepared and forwarded.


Title: From Alexander Hamilton to Jonathan Trumbull, 22 February 1793
From: Hamilton, Alexander
To: Trumbull, Jonathan

Treasury DepartmentFebruary 22d. 1793.
Sir
I have the honor to transmit, herewith, a certain statement, which was intended to have accompanied my late communications to the House, but was by accident mislaid.
With perfect respect, I have the honor to be,   Sir, your most obedient, and   humble servant.
A. Hamilton.
The Honorable the Speaker of theHouse of Representatives.


Title: Treasury Department Circular to the Presidents and Directors of the Offices of Discount and Deposit of the Bank of the United States, 23 February [5–March] 1793
From: Hamilton, Alexander,Treasury Department
To: Presidents and Directors of the Offices of Discount and Deposit of Bank of the United States

Treasury Department February 23d [–March 5] 1793
Gentlemen
I have made the following arrangement with the Bank of the united States for the accommodation of the merchants of Philadelphia whose bonds for duties shall become payable between this date and the last day of the ensuing month of march.
The Bank will discount during the period mentioned the notes of such merchants as are indebted to the Custom house, for 30 days, for the respective sums that shall become payable. The Bank will receive those notes from the Collector as cash; they must therefore be drawn in favour of the Collector only.
If a similar arrangement should appear to you, from any existing circumstance requisite to the accommodation of the merchants of New york, I think it proper to mention to you as a facilitation of it, that I will not draw for the sums that have relation to this transaction until about the middle of may next.
I enclose you a letter to the Collector desiring him to furnish you with an abstract of the Bonds which will fall due within the time the arrangement is to continue, specifying names, sums and times when due. This letter may be delivered to the Collector if it should be thought proper to adopt the arrangement; if otherwise it may be suppressed.
I have the honor to be very respectfully   Gentlemen   Your obedt Servt
A Hamilton


Title: Conversation with George Hammond, [24 February–7 March, 1793]
From: Hamilton, Alexander,Hammond, George
To:

[Philadelphia, February 24–March 7, 1793]
At Governor Simcoe’s desire I have the honor of inclosing the copy of a despatch, which I have received from that Gentleman, explanatory of the reasons that prompt him to decline a compliance with the request of the American Ministers (conveyed through me as stated in my No: 3) that he would contribute his assistance to their agent in the attempts to procure in that quarter a supply of provisions for the Indians at the approaching Council.
In communicating the contents of this dispatch to Mr. Hamilton, who had also received information to the same effect from General Hull, I endeavoured to enforce the propriety of the motives that had dictated Governor Simcoe’s refusal, as proceeding from the circumstances of his official situation, and not from any disposition to impede the progress or effect of the negociations. Mr. Hamilton expressed his regret at the refusal itself and his apprehension, that whatever might be his own personal sentiments, it would be difficult to impress the inhabitants of this country with a proper conviction of the real cause in which it had originated.
From the point immediately under discussion, our conversation naturally diverged into a more extensive investigation of the general subject to which it referred. In the course of which Mr. Hamilton assured me that it was a source of the deepest concern to this government that it had not hitherto been able to come to an understanding with the court of Great Britain on the particular matters that still remained undecided between the two countries. To this I replied, that the pressure of temporary business alone had hitherto prevented his Majesty’s Ministers from attending to this object, but that I expected to receive in a very short time some further instructions respecting it.
As Mr. Hamilton’s general reasoning in this conversation was similar to that which he has employed upon former occasions, it is unnecessary for me to trouble your Lordship with a repetition of it at present.


Title: George Washington to Alexander Hamilton, Thomas Jefferson, Henry Knox, and Edmund Randolph, 24 February 1793
From: Washington, George
To: Hamilton, Alexander,Jefferson, Thomas,Knox, Henry,Randolph, Edmund

United States 24 Feb: 1793.
The President of the United States requests the attendance of the  at Nine o’Clock tomorrow morning; at the President’s house, on the subject of the note sent to the  on the 17~. inst: and that the  will bring with him such remarks as he may have committed to writing in pursuance of said note.
At the same time the President will lay before the Heads of the Departments & the Attorney General some communications which he has just received from General Hull.
Ge Washington


Title: Cabinet Meeting. Opinion on Furnishing Three Million Livres Agreeably to the Request of the French Minister, [25 February 1793]
From: Jefferson, Thomas,Hamilton, Alexander,Knox, Henry,Randolph, Edmund
To:

[Philadelphia, February 25, 1793]
Feb. 25. 1793. The President desires the opinions of the heads of the three departments and of the Attorney General on the following question, to wit.
Mr. Ternant having applied for money equivalent to three millions of livres to be furnished on account of our debt to France at the request of the Executive of that country, which sum is to be laid out in provisions within the US. to be sent to France, Shall the money be furnished?
The Secretary of the Treasury stated it as his opinion that making a liberal allowance for the depreciation of assignats, (no rule of liquidation having been yet fixed) a sum of about 318,000 Dollars may not exceed the arrearages equitably due to France to the end of 1792. and that the whole sum asked for may be furnished, within periods capable of answering the purpose of mr Ternant’s application, without a derangement of the Treasury.
Whereupon the Secretaries of State & War & the Attorney General are of opinion that the whole sum asked for by mr Ternant ought to be furnished: the Secretary of the Treasury is of opinion that the supply ought not to exceed the abovementioned sum of 318,000. Dollars.
Th: JeffersonAlexander HamiltonH KnoxEdm: Randolph.


Title: Cabinet Meeting. Opinion Respecting the Proposed Treaty with the Indians Northwest of the Ohio, [25 February 1793]
From: Jefferson, Thomas,Hamilton, Alexander,Knox, Henry,Randolph, Edmund
To:

[Philadelphia, February 25, 1793]
The President having required the attendance of the heads of the three departments and of the Attorney general at his house on Monday the 25th. of Feb. 1793. the following questions were proposed and answers given.

  1.
  The Governor of Canada having refused to let us obtain provisions from that province or to pass them along the water communication to the place of treaty with the Indians, and the Indians having refused to let them pass peaceably along what they call the bloody path, the Governor of Canada at the same time proposing to furnish the whole provisions necessary, Ought the treaty to proceed?

  Answer unanimously, it ought to proceed.

  2.
  Have the Executive, or the Executive & Senate together authority to relinquish to the Indians the right of soil of any part of the lands North of the Ohio, which has been validly obtained by former treaties?

  The Secretary of the Treasury, Secretary at war & Attorney general are of opinion that the Executive & Senate have such authority, provided that no grants to individuals nor reservations to states be thereby infringed. The Secretary of State is of opinion they have no such authority to relinquish.

  3.
  Will it be expedient to make any such relinquishment to the Indians if essential to peace?

  The Secretaries of the Treasury & War & the Attorney general are of opinion it will be expedient to make such relinquishment, if essential to peace, provided it do not include any lands sold or reserved for special purposes (the reservations for trading places excepted). The Secretary of state is of opinion that the Executive and Senate have authority to stipulate with the Indians and that if essential to peace it will be expedient to stipulate that we will not settle any lands between those already sold or reserved for special purposes, and the lines heretofore validly established with the Indians.

  Whether the Senate shall be previously consulted on this point?

  The Opinion unanimously is that it will be better not to consult them previously.

Th. JeffersonAlexander HamiltonH KnoxEdm: Randolph


Title: To Alexander Hamilton from William Short, 25 February 1793
From: Short, William
To: Hamilton, Alexander

Aranjuez [Spain] Feb. 25. 1793.
Sir
I had the honor of writing to you on the 5th. inst from Madrid informing you that on my arrival there. I was overtaken by a letter sent from our Commissioners at Amsterdam, dated the 14th. of Janry. & covering your two letters to me of Nov. 5 & 26. They inclosed at the same time your letter to them of Nov. 5. authorising them in the case of my absence to open that addressed to me which they had done.
As yours to me of the 26th. of Nov. circumstanced that of the 5th. & was consequently also open to them, by which they observed your notification of having passed draughts on them to the amount of f 1,250,000. they informd me with some degree of anxiety that that sum together with the interest payable the 1st. of March would exceed the amount of cash in their hands & that which they were still to recieve in the remaining bonds of the last loan. They had hoped to have found in your letter to me, an authorisation to open a loan at an higher rate of interest than the last which they would immediately have proceeded to have done, conceiving that delay tended to endanger the success of a loan on any terms & at least to render them more disadvantageous. As no mention was made of an increase of the rate [of] interest in your letter, & as they had long ago taken up of themselves, as I have already informed you, an idea that your powers had limited it to 4 p. cent. they did not chuse to take on themselves to surpress it.
The object of their letter to me therefore was to present to me the present situation of affairs as to loans—your presumable disposition as to remittances as early as the 1st. of June next—the extreme necessity of punctuality in those payments—& to urge me therefore to authorize them to open a new loan immediately extending the authority to 5 p. cent, relying that their duty & a point of honor would compel their every exertion to obtain the lowest terms possible.
After reflecting on the present state of affairs in Europe & particularly those most influential on the Amsterdam market & being unable to judge of the extent of those which have changed your dispositions as to remittences, & finding even that you would draw for additional sums if on hand, I could not hesitate in determining that it would be your expectation & choice, that provision should be made in Europe for payments up to the 1st. of June inclusive & therefore that not a moment was to be lost in taking measures for securing this provision. It would have given me much satisfaction to have been able to have waited until I could have heard from you, whether from the considerations mentioned in my late letter, you would have thought it expedient to make exertions for remitting from America to satisfy the rising demands in Europe, during the present unfavorable state of the market or at least until the U.S. by some delay should have so established their credit, as not to have been subjected to the rise in the rate of interest wch. other powers are obliged to submit to. The time of the next payments at Amsterdam did not admit of my waiting for your advice & it seems to me under the expressions of your letter of Nov. 26. that it would be highly improper to place these payments on that contingency. My letters however from the Hague will have given you my sentiments on this subject & shew how disadvantageous I consider it for the U.S. to be now forced on the markets. There is one circumstance also which made me suppose you did not consider the U.S. being forced to make a retrograde step in the rate of interest, in as prejudicial a light as I do. In my letter of Aug. 30. I informed you of Russias having opened a loan at 4½ p. cent. interest & consequently of the difficulty if not impossibility of any other power obtaining one at a lower rate. In your letter of Nov. 26. you acknowlege the reciept of mine of Aug. 30. & still express no determination of efforts by remittances to prevent the U.S. from going on the market, to supply the demands of June next. As it is well known that they have large payments to make then, I had hoped if they could have satisfied them without coming on the market that this would have given such a confirmed idea of that determination never to raise their interest, as to have enabled them in fact to have kept up to it.
Independent of the several reasons given by the commissioners, in their letter of which I hope they will have sent you a copy, for losing no time in authorising them to open the loan—there was another which presented itself here from the present critical situation of the post. It was impossible to say how long it might remain open for the conveyance of letters from this country & it therefore became urgent to convey to them my ideas as fully & as expeditiously as possible. Had I been on the spot, or within corresponding distance I should of course have tried every gradation before consenting to the extreme of 5 p. cent. Situated as I was I thought it would be imprudent to risk delay on the possibility of obtaining lower terms. Although the expressions of their letter held out in a faint manner this possibility, yet I was convinced from the reason of the letter that it would not be realized. In this I have not been mistaken, as a letter from them of the 24th. of Jan. received since my last informs me that discount on bills of exchange has risen to 5 p. cent & upwards—that the Financier of Holland has opened a loan for twelve millions at 4 p cent & that people keep up their money in the hope of employing it advantageously in the English funds &c. so as to preclude all thoughts of their being able to procure a return for the U.S. under five p. cent interest.
I cannot better explain to you the authorisation I gave them & the occasions in which I desired it to be acted under than by inclosing to you copies of my two letters on that subject of Feb. 4. & 12.—of the first a copy was also sent in my last of the 5th. inst. I have since then recieved no further information from them—nor shall I be able to know for some time even supposing no interruption in the post, what steps they may have taken in consequence of my letter of the 4th. I still hope you will consider it proper for the reasons mentioned formerly; to give your orders to the commissioners, in some more direct way—the unsettled state of the post & the possibility of its being interrupted soon between this & the northern parts of Europe by the way of France, render this still more necessary.
The commissioners wrote to me on the 10th. of Jan. merely to inform me that they had remitted on acct. of the Spanish debt a further sum of £30332.10.10 which has been recieved here. I have not yet been able to get from M. Gardoqui, any information respecting our debt. As in conversation he told me it amounted far beyond what you had stated, I observed to him that I supposed there must exist a specified debt of about 170,000 Dollars principal—& that it was that debt alone with the interest on it that I considered myself authorized to pay, not having powers to liquidate unsettled claims. He has promised me to examine into this, but as yet it is only a promise. Mr. Carmichael has been trying for months past to obtain the ascertainment of this—but has never been able to get more than promises to satisfy him. He thinks Mr. Jay did give a receipt for the sum of 170,000 dollars. Of course I see no risk in going on with the payment to the amount of that sum with the interest to the present time. As the bankers have found difficulty for some time past in obtaining good bills & on good terms to any amount, it has been my intention ever since being here to make an arrangement with M. Gardoqui for his recieving this money at Amsterdam. I have not as yet been able to settle any thing whatever with him, or even to get an answer from him, so much delay is there here in every thing & so much are they occupied at this moment particularly in more pressing European business.
On my passage through Antwerp I asked M. de Wolf what he then thought of US credit & he told me the American credit was still the best, but that the moment was unfavorable for business of any kind—all men’s minds being totally occupied by the unsettled state of affairs. I easily inferred from his manner of speaking that he did not then think a loan at 4. p. cent could be effected. I did not dilate on this subject however & merely observed to him that there was no intention of going on the market, with which he seemed much pleased. This letter will be sent by duplicate by Libson & Cadiz.
I have the honor to be most respectfully sir, your most obedt. servt.
W Short
The HonbleAlexander Hamilton Secretary of the Treasury


Title: From Alexander Hamilton to Jonathan Trumbull, 25 February 1793
From: Hamilton, Alexander
To: Trumbull, Jonathan

Treasury DepartmentFebruary 25th. 1793.
Sir,
I beg leave through you, to observe to the House of Representatives, that the statements communicated by my first and second letter in answer to their resolutions of the 23d. of January last which were printed by order of the House, have been printed in an incorrect and very confused manner.
In page 4 of my first letter, a sum of 605,883 dollars and eight cents is expressed as 60583 Dollars and eight cents.
The Mercantile form of Debtor and Creditor sides, which was observed in the Accounts transmitted, and which is material to perspicuity, has been dropped and a statement in succession; of the oposite sides of the account substituted. In addition to this, headings have been introduced, which are not in the originals, and these headings have been in one important case inverted.
In statement A, transmitted with my first letter, Receipts have been put for Expenditures, and Expenditures for Receipts. Other inaccuracies, less material, might be noticed.
The effect of relinquishing the mercantile form of an account current will be perceived at once, upon an Inspection of either of the statements, but it will be particularly striking in statement No II of my second letter, shewing half yearly the application of the fund for reducing the public debt, constituted by the Act of the 8th. of May last.
It was the practice ’till the present session to send to the Treasury proof sheets of the reports from the Department, which were printed by direction of the House, in order to their being examined and corrected, before they were finally struck off. This useful practice, however has been discontinued, during the present session.
The House will be at no loss to perceive that their own satisfaction, on any point of inquiry, the due information of the public, and the reputation of the department, from which any report or statement proceeds, are alike concerned in the accuracy of the form, under which it is presented.
With a particular eye to the last consideration, I take the liberty to express a wish to the House, that some regulation may be adopted to enable the head of this department, to secure the fidelity and correctness of the printed copies of the reports, which shall hereafter be made to the House and shall be committed to the press by their order.
With perfect respect, I have the honor to be   Sir your most obedient & humble servant
Alexander Hamilton,Secretary of the Treasury.
The HonbleThe Speaker of the House of Representatives.


Title: To Alexander Hamilton from Wilhem and Jan Willink, Nicholaas and Jacob Van Staphorst, and Nicholas Hubbard, 25 February 1793
From: Willink, Wilhem,Willink, Jan,Van Staphorst, Nicholaas,Van Staphorst, Jacob,Hubbard, Nicholas
To: Hamilton, Alexander

[Amsterdam, February 25, 1793. On April 4, 1793, Willink, Van Staphorst, and Hubbard wrote to Hamilton: “We had the honor to address you the … 25 February.” Letter not found.]


Title: From Alexander Hamilton to the President, Directors, and Company of the Bank of the United States, 26 February 1793
From: Hamilton, Alexander
To: President, Directors, and Company of the Bank of the United States

Treasury Department February 26th1793
Gentlemen,
I have to request that you will be pleased to advance to The Honorable Jonathan Trumbull Esqr. the sum of Thirty Thousand Dollars; on Account of the compensations due to the Members of the House of Representatives of the United States.
As I have been informed, that the Bill making appropriations for the present year has passed both Houses of Congress, I hope to have it in my power very shortly to replace this sum, as well as, the Monies which have been hitherto advanced by you for the Public service, in compliance with my several requisitions for that purpose.

I am with great Consideration   Gentlemen   Your Most Obedient Servant
A Hamilton
The President, Directors & Companyof the Bank of the United States


Title: From Alexander Hamilton to the President and Directors of the Bank of the United States, 26 February 1793
From: Hamilton, Alexander
To: President and Directors of the Bank of the United States

Treasury Department, February 26, 1793. Requests “a further advance of one thousand Dollars to Young and Dannacker … on account of their Clothing Contract with the Public.”


Title: From Alexander Hamilton to Tobias Lear, 26 February 1793
From: Hamilton, Alexander
To: Lear, Tobias

Treasury Department, February 26, 1793. Encloses “a small account against the United States, for a Seal for the use of the District Court of the State of Vermont.” Requests “the President’s permission for paying it.”


Title: Enclosure: Supplementary Estimate of Sums Necessary to Be Appropriated for the Services of the Year 1793, 27 February 1793
From: Treasury Department,Nourse, Joseph
To:

Mint of the United States.

For defraying certain expences which have been incurred by the institution of the Mint, under a resolution of Congress of 3rd March 1791, and the Act for establishing a Mint and regulating the coins of the United States, passed 2d April 1792.

Purchase of a House, and two lotts of ground erecting two new brick buildings, furnaces &c, and two new frame buildings, paying Workmen employed in making Machines for brass and Iron castings, Barr Iron steel coals, firewood &c for the Mint Salaries of the Officers to 31st December 1792
12,079 78

Directors Salary from July 1st to December 31st, 1792.
1000.

Coiners ditto from June 1st to December 31st 1792 @ 1500. dollars
}
875.

His Clerks from August 13th to December 31st @ 312. dollars Pr. Annum
}
119. 88.

Treasurers Salary from June 1st to December 31st @ 1200 dollars Pr. Annum
}
700.

2 694. 88

Dollars Cents
Dollars Cents

Salaries of the Officers for 1793.

Director of the Mint

2,000

Assayer

1,500

Chief Coiner

1,500

Engraver

1,200

Treasurer

1,200

Three Clerks @ 500 dollars

1,500

Workmens wages about 50 dollars Per week}

2,600

11,500

For bringing forward to the seat of government the votes of the Electors in the several States for President and Vice President of the United States, as provided for by the Act of the 1st March 1792

To Ezra Bartlet; for New Hampshire

Pr. acct. settled at the Treasury 18th December 1792
}
105.75

John S. Tyler for Massachusetts Pr. acct. settled at the Treasury 26th December 1792
}
87.

Lott Hall for Vermont Pr. acct. settled at the Treasury 2d January 1792
}
90.25

“   Daniel Updike for Rhode Island Pr. Acct. settled at the Treasury 26th Decr. 1792.
}
80.

“   Enoch Parsons, for Connecticut Pr. Account settled at the Treasury 14th Decr. 1792
}
52.25

“   Robert Williams for New York Pr. acct settled at the Treasury 12th December 1792
}
44.50

Estimated for New Jersey acct not settled at the Treasury 30 Miles @ 25 Cents
}
7.50

Stephen Stephenson for Pennsylvania Pr. acct settled at the treasury 11th Decr: 1792
}
26.

Gunning Bedford, for Delaware Pr. acct. settled at the Treasury 14th Decr 1792.
}
19.

E. Valette, for Maryland Pr act settled at the Treasury 17th December 1792
}
35.

Samuel Peters, for Virginia, Pr. acct settled at the Treasury 17th December 1792
}
69.50

Notley Conn for Kentucky Pr. acct settled at the Treasury, 8th January 1793
}
234.25

Stephen White for North Carolina Pr. acct settled at the Treasury 27th Decr. 1792
}
134.

Thomas Fitzpatrick, for South Carolina Pr. acct. settled at the Treasury 29th Decr 1792
}
168.25.

Anderson Watkins for Georgia Pr. account settled at the Treasury 31st December 1792
}
195.75

1349.

For the discharge of a claim founded on a resolution of Congress of the 28th September 1785, granting two hundred dollars (but not paid) to Return Jonathan Meigs late a Colo. in the service of the United States, and to the legal representatives of

dollars cents

Christopher Green deceased

200.

Also for interest thereon from 16th May 1776, in pursuance of an Act of Congress of the United States for that purpose passed the 14th January 1793 is 16 years 8 Months @ 6 Pr. Ct. Pr. Annum

200

400.

For the amount of the Secretary at War his estimate dated 26th November 1792 of pay, subsistence and Forage due to Wynthrop Sergeant as Adjutant General to the troops late under the command of Major General St. Clair, the pay and emoluments of a Lieutenant Colonel

Pay from the 16th June to 31st Decr. 1791 6½ months @ 60 dollars Pr. Month.
}
390.

Forage for the same period @ 12 dollars Per Month
}

78.

Subsistence Vizt.

Fort Washington, from 16th June to 19th Octr 126. days at 6 rations Pr. day is 756 rations @ 6¾ Cents
56.70.

On the March to the Miami Village from the 20th October to the 9th Novr. 126 rations at 15¼ Cents
21.35.

Fort Washington, from the 10th Novr. to the 31st December 312 rations @ 6¾ Cents
23.40
101. 45

569 45

For the payment of Dunlap and Claypoole, printers their account of printing work done under the direction of a Committee of the Convention of the United States for 1320 Copies of the Constitution &c
420.

For the Clerk of the House of Representatives his estimate for the payment of certain extra expences of the Door keeper this session, and also for defraying the expence of attending Witnesses and Clerk hire, to the late committee of the House on their enquiry into the causes of the failure of the expedition under General St. Clair
400

For so much short estimated for the principal Clerk to the Secretary of the Senate for his services from 1st July to 4th November 1792 127 days @ 3 dollars Per day

381.

Also for his services to 31st December 1793. the former estimate having been for only 6 months; whereas the Secretary of the Senate estimates full employment throughout the year 365 days @ 3 dol:

⅌ day
1095

Deduct 6 months already estimated
547.50

547.50

Ditto for engrossing Clerk 365 days @ 2 dollars Per day
730

Deduct 6 Months already estimated
 365
365.

Also for the payment of Extra services of the Door keeper this session 183 days at 50 Cents Per day
91 50
1,385.

To defray the expence which will attend the stating and printing the public accounts for 1792, in compliance with the order of the House of Representatives of the 30th Decr. 1791
800

For the payment of the Trustees of Wilmington public Grammar school & Accademy for damages done to the same by the troops of the United States during late war according to a settlement thereof, made at the Treasury under the Act of the United States passed the 13th April 1792
2,553. 64

Light Houses.

To make good so much deficient in the appropriation for 1791
}
955.66

For building a lighthouse on Montok point agreeably to the Act of Congress of 12 August 1792 (not yet ceded)
}
20,000.

For building a pier at Sandy Hook in the State of New Jersey
}
1,625.

For building a pier at the Town of New Castle in the State of Delaware
}
8,000

For compleating the lighthouse on Baldhead at the mouth of Cape fear River
}
2,000

For three Clerks to be employed (so far as necessary) in the Office of the Commissioner of the Revenue upon documents for the public service relative to imports, exports, Tonnage &c. @ 500 dollars Per Annum

1,500.

34,080.66

For the printing of ships registers, and other Marine papers at the Treasury, and for books of record in the Registry office, incident to the Acts for “Registering and recording ships and other vessels” and for “enrolling and licencing ships and vessels employed in the coasting trade and Fisheries.”
350

Dollars
68,582 41

Joseph Nourse Regr.
Treasury Department,Registers Office, 27th February 1793.


Title: To Alexander Hamilton from Jean Baptiste de Ternant, 26 February 1793
From: Ternant, Jean Baptiste de
To: Hamilton, Alexander

Philadelphie 26 fevr. 1793 l’an 2 de la Répe. francaise
Le M. d. f. au secretaire de la trésorerie

J’ai l’honneur de vous addresser cy-jointe la copie d’une lettre du secretaire d’état, en vous priant de me faire connoitre à quelles époques le reste des trois millions mentionés dans cette lettre pourra etre acquitté par la tresorerie des Etats unis. Vous sentirez indubitablement, combien il importe au bien du service à effectuer avec ces fonds, que les payemens en soient immédiats ou au moins trés prochains.


Title: From Alexander Hamilton to Jean Baptiste de Ternant, 26 February 1793
From: Hamilton, Alexander
To: Ternant, Jean Baptiste de

Treasury Department February 26 1793
Sir
I have the honor of your letter of this date inclosing one to you from the Secretary of State also of this date.
Towards carrying into execution the arrangment, which has been directed by the President of the united States, and which is announced to you in the abovementioned letter from the Secretary of State I shall be ready to pay, on account of the Debt to France, in addition to the sums heretofore stipulated, the further sum of four hundred & forty four thousand and five hundred Dollars in six equal installments—the first on the fifteenth of April next, the second on the first of may following—the third on the fifteenth of that month, the fourth on the first of June following, the fifth on the fifteenth of that month, and the sixth on the first of July following.
With esteem & respect   I have the honor to be   Sir   Your Obedt & humble Servt
Alexander Hamilton
De Ternant minister of France


Title: To Alexander Hamilton from Wilhem and Jan Willink, Nicholaas and Jacob Van Staphorst, and Nicholas Hubbard, 26 February 1793
From: Willink, Wilhem,Willink, Jan,Van Staphorst, Nicholaas,Van Staphorst, Jacob,Hubbard, Nicholas
To: Hamilton, Alexander

Amsterdam 26 February 1793.
Sir
We had the honor to address You the 25 Ulto. and have now to advise you that owing to the attack made upon this Country by France The circulation of Money has been so checked as to render it excessively nay unparalleled scarce: The natural Consequence is a great depression in the prices of all Stocks and Bonds, to such a Degree indeed that they may be said to be unsaleable. Any fresh Undertakings are utterly impossible in this State of Things and We cannot foresee how long it will last. But we assure You that while it exists, no loans are to be raised here at any rate, even for the United States.
You will therefore please, not calculate upon any Resources here to face the Engagements of the United States falling successively due, before You learn from us a favorable Change of Circumstances: To communicate which, will be a most pleasing task to us.
We are &c.
W. & J. Willink
N. & J. van Staphorst & Hubbard
Alexr. Hamilton Esqr.


Title: From Alexander Hamilton to Nathaniel Appleton, 27 February 1793
From: Hamilton, Alexander
To: Appleton, Nathaniel

Treasury Department, February 27, 1793. Has directed the treasurer of the United States to furnish Appleton with a draft for fifty-five thousand dollars to be applied “towards discharging the Interest which will become due the 31st of the ensuing month, on the several Species of Stock standing on your books.”


Title: George Washington to Alexander Hamilton and Henry Knox, 27 February 1793
From: Washington, George
To: Hamilton, Alexander,Knox, Henry

[Philadelphia] 27 February 1793.
Sir,
As the day is near at hand, when the President-elect is to take the oath of qualification, and no mode is pointed out by the Constitution or law; I could wish that you, mr Jefferson (Genl. Knox, or Colo. Hamilton) and mr Randolph could meet tomorrow morning, at any place which you may fix between yourselves; & communicate to me the result of your opinions as to time, place & manner of qualification.
Geo: Washington.
P.S. Mr. Jefferson & mr Randolph have suggested the idea of meeting at the war-office at nine o’Clock tomorrow morning; if this is convenient & agreeable to you, you will be there accordingly—if otherwise you will be so good as to let me know.
G: W.———n


Title: To Alexander Hamilton from Jonathan Burrall, 28 February 1793
From: Burrall, Jonathan
To: Hamilton, Alexander

[New York, February 28, 1793. On March 2, 1793, Hamilton wrote to Burrall and referred to “your letter of the 28th ulto.” Letter not found.]


Title: Cabinet Meeting. Opinion on the Time, Place, and Manner of the President-Elect Taking the Oath of Office, [28 February 1793]
From: Randolph, Edmund,Hamilton, Alexander
To:

[Philadelphia, February 28, 1793]
If the qualification is to be in private, T.J, A.H H.K and E.R, are of opinion, that Mr. Cushing should administer the oath to the President at his own house, where such officers, or others, as he may notify, will attend. T.J. and A.H. think, that it ought to be in private.
H.K. and E.R. on the other hand think, that the qualification ought to be in public: and that the Marshal of the district should prepare the house of Representatives for the purpose where Mr. Cushing shall administer the oath. The Prest. to go without form, accompanied with such gentlemen, as he thinks proper, and return preceded by the Marshall.
Monday, 12 o’clock, is presumed to be the best time.

But as the mode will be considered by the public, as originating with the President, it is submitted to him for his decision.


Title: To Alexander Hamilton from Peter Colt, 28 February 1793
From: Colt, Peter
To: Hamilton, Alexander

Paterson [New Jersey] 28 Febuy. 1793
Sir:
On examining mr. Pearce’s acct. I find he has recieved a considerable Sum of Money from you & that mr. Parkinson has also been furnished with Some Money in part of his act. There is no charges made by the Society against you to cut up this act. except three Hundred Dollars which mr Walker paid to your Order—neither is there any documents in this office which can serve to shew if you have been reimbursed your advances, or from what Quarter the Money has come. I can only conjecture it has been had through Colo Duer, the former Governor; from whom I am told no accounts can be obtained. I must therefore pray you to cause a copy of your accounts with the Society to be made out & sent me here, as soon as can be conveniently done; that I may be enabled to lay before the Board of Directors a compleat Statement of their Funds &c. An acct. from the Bank of the united States up to this time is also wanted; as the cashier may not know of my appointment he may not choose to make me the return. I must therefore, for this once, request your interferance in procuring this return; as the orders for drawing out the Monies of the Banks have never been registered here it will be necessary that the Bank name the persons to whom Monies have been paid.
When I arrived at Paterson I found Messrs. Hall, Marshall & Pearce, totally dissatisfied with their Situation & prospects—the two latter requesting to be discharged. Mr. Marshall has demanded that his Salary be raised to £200 Sterlg ⅌ annum, without which he declares he will not continue in the Service of the Society. As I do not find I am authorised to make any contracts of this nature I have referd him to mr Low. He went to New York yester day to bring this Business to a close. I have been told that mr. Pearce is dissatisfied with his Salary; but he has said nothing to me on the Subject. I have this moment learned that he leaves this with mr Hall, this day, for Philadelphia. I presume therefore you will be informed of his demand. Marshall & Pearce appear, as far as I can judge of their Branches, perfectly masters of their Business; & very valuable Men to the Society, & that they cannot be discharged without the Society Sustaining great loss. They will be ready with their work Sooner than we can get command of the water.
Several Buildings which have been ordered for manufactures, are extremely wanted, as well as a durable building for the purposes of general Magazine or Store House; but Majr. L’.Enfant, to whom this part of the Business has been confided, not being here, nothing can be done; and our weavers are working by the day in such wretched Sheds, that they loose half their time. In short no arrangments can be made for puting things on a more durable & advantagious footing untill the Majr. returns on the ground.
Knowing how much you have the success of this institution at heart has induced me to make you this communication.
I am, Sir   most respectfully   your obedient   humbl. Servant
P. Colt
Alexr. Hamilton EsquireSecretary of the Treasury


Title: To Alexander Hamilton from Jeremiah Olney, 28 February 1793
From: Olney, Jeremiah
To: Hamilton, Alexander

Custom-House,Providence 28th. February 1793.
Sir.
I have received your circular Letter of the 22nd. of January, covering the “Act concerning the Registering and Recording of Ships or Vessels.” Your Instructions relative to which, and the lost Certificate of registry, shall be carefully attended to.
I observe, that in the execution of the above mentioned Act, several different Oaths are required, which are to be so formed as to embrace a variety of Cases; and that no Form is pointed out for the Register Bond: As a uniformity in these, as well as in all other Matters, relative to the Revenue Laws, is very desirable, I beg leave, respectfully, to suggest the propriety of such Forms being transmitted from the Treasury, as will be essential in respect to those Two particulars.
The Certificate of admeasurement, when a Vessel has been altered in burthen, is the Voucher for a Collector to register her anew; but what is to be his Voucher, or from whom is it proper the information should come, when any alteration is made in her Form? I also wish to be informed, Sir, whether the Certificates of registry, which may be granted agreeable to the 11th. and 12th. Sections, are to be transmitted by the Collector who issues them to the Register of the Treasury? The Seventh and Fourteenth Sections being so explicit, with respect to the transmission to him of all Certificates delivered up on the several occasions therein mentioned, that I am at a loss to know whether it was intended the others should be transmitted or not.
With my Return of Cash No. 134, I enclose a duplicate Receipt No. 38, of the Providence Bank, for Two Thousand Dollars, which I have charged to the United States.
I have the Honor to be &c.
Jereh. Olney Collr.
Alexander Hamilton EsquireSecretary of the Treasury.


Title: To Alexander Hamilton from William S. Smith, 28 February 1793
From: Smith, William Stephens
To: Hamilton, Alexander

[Philadelphia, February 28, 1793. The account of a cabinet meeting on March 2, 1793, reads: “The President communicated to the Secretary of State, the Secretary of the Treasury, the Secretary of War and the Attorney General of the United States, a letter from William S. Smith Esqr. of the 28th of February past, to the Secretary of the Treasury.” Letter not found.]


Title: To Alexander Hamilton from William Short, 29 February 1793
From: Short, William
To: Hamilton, Alexander

Aranjuez [Spain] Feb. 29. 1793.
Sir
Since my last of the 25th. (of which a duplicate is inclosed) I have had the honor of recieving from Amsterdam yours of the 31st. of Dec. acknowleging the reciept of mine up to the 9th. of Oct. inclusive.
I have nothing at present to add to the contents of my last letter having as yet recieved no further advice from the commissioners at Amsterdam. No answer from them to my letter of the 4th of this month can be expected here before the 10th of the next month even if there should be no interruption in the post. They will of course give you the earliest information of any measures they may take.

Should they succeed in the loan of two millions I have authorized they will be able to answer to all calls at least as far as regard the interest & reimbursements of the foreign debt, up to June 1 inclusive. The market being likely to remain bad for the present year at least, perhaps even subject to such convulsions as not to be to be depended on at all, I cannot help repeating how much it is to be desired that such remittances should be made from home, as to not to expose the U.S. to the risk of that dependence. The sums that will be wanted at Amsterdam for the remaining part of the year, being known to you I shall add nothing further on the subject, except to mention the importance of your intentions being known as soon as possible.
I know not whether the commissioners will engage to furnish these sums in the manner & on the conditions you proposed. As soon as I can learn I will not fail to inform you. Perhaps the fear of its being done by others may induce them to make an exertion—though that is much more in the English than the Dutch way.
I am
The Honbl. Alexa: Hamilton   Secretary of the Treasury


Title: From Alexander Hamilton to George Washington, [February 1793]
From: Hamilton, Alexander
To: Washington, George

[Philadelphia, February, 1793.] Sends list of recommendations for positions as Indian commissioners.


Title: Cabinet Meeting. Opinion on the Time, Place, and Manner of the President-Elect Taking the Oath of Office, [1 March 1793]
From: Hamilton, Alexander,Knox, Henry,Randolph, Edmund
To:

[Philadelphia, March 1, 1793]
It is our opinion,
1. that the President ought to take the oath in public.
2. that the time be on Monday next at 12 o’clock in the forenoon.
3. that the place be the Senate-chamber.
4. that the Marshal of the district inform the Vice-President, that the Senate-chamber, being the usual place of the president’s public acts, is supposed to be the best place for taking the oath; and that it is wished, the chamber be open.
5. that it may be informally notified to the Vice President governor and foreign ministers, that the oath is to be taken at the time and place abovementioned.
6. that Mr. Cushing be requested to attend; and administer the oath.
7. that the President go without form attended by such gentlemen, as he may choose, and return without form, except that he be preceded by the Marshal.

H Knox
  Edm: Randolph
  March 1. 1793.
My opinion given yesterday was founded on prudential considerations of the moment; though I think it right in the abstract to give publicity to the Act in question. If this is to be done on the present occasion, I see no objection to the above form. I am not, however, satisfied that prudential considerations are not equally ballanced.
A Hamilton


Title: To Alexander Hamilton from Tench Coxe, 1 March 1793
From: Coxe, Tench
To: Hamilton, Alexander

Treasury DepartmentRevenue Office March 1st. 1793
Sir,
I have the honor to transmit to you a general state of Revenue on domestic distilled spirits exhibiting as far as returns have been received at the Treasury, the several objects contemplated by the House of Representatives in their order of the 8th of May last. The Supervisors of those Districts, wherein the distillation is principally from domestic materials in the Country, were in many instances unable to establish Collectors by reason of the smallness of the compensations under the first act, and you will remember that from that and other causes, the detailed information was necessary to enable the President to make the final distributions of the funds assigned for compensations and expences could not be collected so as to complete that business ’till the end of October.
The appointments have since been generally made; and consequently this Revenue will now take a more orderly course.
I have the honor to be   With great respect,   Sir, Your most obedient Servant.
Tench Coxe,Commissioner of the Revenue.
The HonbleThe Secretary of the Treasury.


Title: From Alexander Hamilton to John F. Mercer, 1 March 1793
From: Hamilton, Alexander
To: Mercer, John F.

Philadelphia March 1. 1793
Sir
You will readily comprehend, without explanation, the occasion of my having left your letter of the 31 of January unanswered, ’till this time.
You acknowlege that what Mr. Key states is the fact, as far as he states facts; and that in general the Conversation related by Mr. Campbell is such as really passed; though you recollect to have declared, that you never had said, or thought, that I was any how personally or pecuniarily interested with Duer; stating as your Idea that Duer was favoured from motives of personal friendship in whatever transactions he was concerned in that were connected with my Office.
Upon this acknowlegement, I conceive myself bound to declare, that the suggestions, which I understand to be avowed by you are gross misrepresentations, from whatever sources they may have been derived; and until the authorities, to which you allude, shall be made [to] appear to have been such as to justify on your part a belief of the matters alleged, I must consider your conduct in propagating them as wanton and unwarrantable. In the mean time, I aver that the allegations which have been made cannot be substantiated; and I add, that it is not in your power to shew that I ever unduly favoured Mr. Duer, from whatever motives, in any transactions of his with the Department under my care. I feel confident, that in no instance, did he experience from me, in my official character, any more favourable treatment, than it has been usual with me from considerations of public utility, to extend to others, in similar cases. Indeed, except as Assignee or Agent of Mr. Fowler, I recollect no transactions, he has had with the Department, which have fallen under my cognizance or direction. And in regard to that, the strictest scrutiny would issue in a conclusion different from the one, which you seem to have drawn.
You observe, that you have been led into the present business, without provocation, & that the attack has not been on your side. Surely, Sir, you will not say, that any was made by me. I have good ground to believe, that you have before this learnt of General Heister that the story of my opposition to your election, (which is traced to him) is without foundation. This he declares to me to be the case; and I understand from him, that he has communicated the same thing to you.
To the concluding passage of your letter I can make no reply; because I can annex to it no definite meaning.
I am Sir   Your humble servant


Title: From Alexander Hamilton to Samuel A. Otis, [1–2 March 1793]
From: Hamilton, Alexander
To: Otis, Samuel A.

[Philadelphia, March 1–2, 1793]
The Secretary of the Treasury here incloses a letter of request to the Bank of the U States for an informal advance to Mr Otis of Fifteen thousand nine hundred & seventy two dollars & ninety cents—on accot of the Compensations due to the Senators of the U States.


Title: Report on the Petition of Lewis Garanger, [1 March 1793]
From: Hamilton, Alexander
To: Speaker of the House of Representatives

[Philadelphia, March 1, 1793Communicated on March 2, 1793]
[To the Speaker of the House of Representatives]
The Secretary of the Treasury to whom was referred by an order of the House of Representatives of the 12th. of February, the Petition of Lewis Garranger, on behalf of himself and his brother Charles Garranger, thereupon respectfully makes the following Report:
The petition among other objects sets forth that the interest due upon certain certificates which had been issued in favor of Lewis Garanger in November 1783, when he was in confinement for debt, and upon those issued in favor of Charles Garanger in July 1784 having been mortgaged to the Creditors of the two Brothers, was on that account not put upon the same footing with the certificates granted to other foreign Officers, upon which the interest was payable at the House of Mr. Grand banker at Paris. The Petitioner now prays payment of principal and interest of the said certificates in specie, under the regulation made in favor of certain foreign Officers.
It appears that the accounts of the Petitioner and his brother for pay and subsistence were liquidated by the commissioner of Army accounts and final settlements issued to them, which were afterwards exchanged for certificates of Registered debt.
If it was in the option of the petitioner either to take certificates upon which the interest was payable at Paris in specie, or to prefer the other certificates of the register of the Treasury, it appears that the election was made in favor of the latter. The Petitioner is at present a holder of Registered debt. Any other modification, except the funding of it, if once admitted would form a precedent, which might in many other cases be productive of consequences fraught with inconvenience.

The Secretary therefore submits it as his opinion that so far as the petition relates to the special object in question, no legislative interference will be adviseable. As it relates to other objects, the Secretary on account of the lateness of the present session begs leave to defer his opinion until the meeting of the next Congress.
All which is humbly submitted.
Alexander Hamilton.Secy of the Treasury.
Treasury DepartmentMarch 1st. 1793


Title: From Alexander Hamilton to Jean Baptiste de Ternant, 1 March 1793
From: Hamilton, Alexander
To: Ternant, Jean Baptiste de

Treasury DepartmentMarch 1st. 1793.
Sir,
I have to assure you, in answer to your letter of the 26th. of February, that fully impressed with the importance to your Object, of speedy advances, it has been my aim to shorten the period of making them; as far as could consist with the general arrangements and prospects of the Treasury; having due regard to other Objects of expenditure which are indispensable.
In consequence of your last application, I have reexamined the subject with a strong desire to find it possible to abridge the periods which have been communicated; but the result is a confirmation of the conviction, that I ought not to promise more than has been already promised. The success of some arrangements which are meditated, may enable me hereafter to contract some of the more remote periods. In such an event it will give me pleasure to do it. And you will be duly informed of the possibility.
With Respect & Esteem   I have the honor to be   Sir   Your Most Obedient &   Humble Servant
Alexander Hamilton
Mr. TernantMinister Plenipotentiary of France


Title: From Alexander Hamilton to Jonathan Burrall, 2 March 1793
From: Hamilton, Alexander
To: Burrall, Jonathan

Treasury DepartmentMarch 2nd. 1793
Sir
I find that my letter of the 23rd ultimo (which was written in haste) proposing an arrangement for the accomodation of Merchants who are indebted to the Custom house, does not correctly express the idea which was contemplated.
The mode of transacting the business as mentioned in your letter of the 28th ulto. is the true one to be pursued, that is, Notes of the parties indebted will be presented for discount to the amount of the respective sums due to the Custom house—the Directors judge of the safety of the Notes, and take the risk of non payment upon themselves. When notes are accepted the proceeds are subject to checks in favor of the Collector only, which checks the Bank receives from the Collector as Cash
Your account concerning the purchase of Debt for the Commissioners of the sinking fund will be adjusted in a few days.
I am with consideration   Sir   your obedt Servant
Alex Hamilton
Jonathn Burral EsqrCashier of the Office of D & DNew York


Title: Cabinet Meeting. Opinion on Proposals Made by William S. Smith Relative to the French Debt, [2 March 1793]
From: Jefferson, Thomas,Hamilton, Alexander,Knox, Henry,Randolph, Edmund
To:

[Philadelphia, March 2, 1793]

The President communicated to the Secretary of State, the Secretary of the Treasury, the Secretary of War and the Attorney General of the United States, a letter from William S. Smith Esqr. of the 28th of February past, to the Secretary of the Treasury, with sundry Papers—No. I. II. III & IV. relating to a negotiation for changing the form of the debt to France; and required their opinion what answer should be returned to the Application.
The opinion unanimously is, that the Secretary of the Treasury shall inform Mr. Smith that the Government of the United States have made engaged payments to France to the extent which is at present consistent with their arrangements; and do not judge it adviseable to take any measures on the subject of his Application.

Th: Jefferson
Alexander Hamilton
H Knox
Edm: Randolph.
March 2nd. 1793


Title: To Alexander Hamilton from James Hillhouse, [2 March 1793]
From: Hillhouse, James
To: Hamilton, Alexander

[Philadelphia, March 2, 1793.] Recommends Melancthon Lloyd Woolsey “As a proper person to be Appointed Collector of the New District on Lake Champlain.”


Title: To Alexander Hamilton from William S. Smith, 2 March 1793
From: Smith, William Stephens
To: Hamilton, Alexander

[Philadelphia, March 2, 1793. According to an entry in JPP“Journal of the Proceedings of the President,” George Washington Papers, Library of Congress. for March 2, 1793, Hamilton submitted to the President “a letter from Colo. W. S. Smith of this date respecting the debt of the U.S. to France—with a Copy of a letter wh. he had written to Mr. Ternant on the subject—and an Extract of a Communication from the Minister of Contributions at Paris to Colo. Smith dated Novr. 1792.” Letter from Smith not found.]


Title: To Alexander Hamilton from John Bard, 4 March 1793
From: Bard, John
To: Hamilton, Alexander

New york March 4 1793.
Sir

I dined a few days ago with a large Company at Judge Duanes, In the course of the after noon, you became the Subject of general Conversation. It gave me the greatest pleasure to hear that Just and greatfull applause which all the Company bestowed upon ⟨y⟩ou. Your Friend General Gates declared when ever ⟨y⟩our Idea was present to his mind, he could not help ⟨ap⟩plying to you the Beautifull Epitaph, Mr Pope wrote ⟨t⟩o the memory of his Friend Mr Secretary Craggs
Statesman yet Friend to truth, of Soul Sincere,
In Action Faithfull, and in Honour Clear!
Who broke no Promise, Serv’d no Private end,
Who gaind no Title, and who lost no Friend,
Ennobled by Himself, by all approved
Praised, wept, and Honourd, by the Muse he lov’d.
It was Unanimously, & Heartily agreed by this Respectable Company, that these lines exibited an Exact and perfect portraid of Coll Hammiltons Character; The delight I felt at this Just and greatfull Ulogium has prompted me to Communicate it to the only Gentleman, who will probably feel less Sensibility on the Occasion, than any of his Numerous Friends Tho I presume, a Just Tribute of praise, which flows from a greatfull sense of those great and essential Benefits, a man derives to his Country, by Superiour abilities, and unremitting devotion to its real Interests, cannot be Ungreatfull to the Generous Donor himself.
I am Sir   With Real Respect & affection   Your most Humble Servt.

John Bard


Title: To Alexander Hamilton from George Cabot, [4 March 1793]
From: Cabot, George
To: Hamilton, Alexander

[Philadelphia, March 4, 1793]
My dear Sir

The People of Massachusetts entertain the idea that a balance is due to the State more than sufficient to cover her State debt, & some anxiety has been excited in the legislature of that state lest she shou’d finally fail of receiving it. After the failure of the Assumption bill I intended to have had five minutes conversation with you on the subject, but saw that your time seemed to be overcharged with other business.
I hope you will find leisure & inclination to furnish me soon with your ideas on the interesting subject of commercial policy & that you will say definitively whether my continuance in the bank is to be desired or not since it furnishes so copious a topic for complaint. I called this morning to bid you farewell but you were absent.
May God bless you!

G Cabot
Eveg March 4. 93


Title: To Alexander Hamilton from Benjamin Lincoln, 4 March 1793
From: Lincoln, Benjamin
To: Hamilton, Alexander

Boston March 4th. 1793
Sir

I had too little time with you when in Philadelphia. Your particular engagments forbid my calling on you as often as under different circumstances I should have called.
One question in particular was left unsettled the application of Mr. Joseph Blake respecting the quallity of some wines he imported. The Comptroller was in opinion that there could not any consideration be made for its being of an inferiour quallity. Mr Blake wishes you would look of his statement of the business as in the hands of the Comptroller and give your opinion after as soon as it shall be convenient.
Cap Williams has an acct some where in your department, for expressing before the last Cutter was finished. He wishes it might be taken up & settled.
We shall want a few registers before April.


Title: To Alexander Hamilton from Nicholas Low, 4 March 1793
From: Low, Nicholas
To: Hamilton, Alexander

New york 4 March 1793
Dr. Sir

The foregoing is extract of a Letter from Mr. Colt of 1 Instt. What can be the Cause of Maj. L Enfants extraordinary long Absence? Will you speak to him and advise him to come forward immediately. I suspect that strong Efforts will be made to take Pearse out of our Employ and at the same Time I do not beleive we can do well without him. His & Marshalls Salaries at £100: Stg are both too low and must at the next Meeting be raised. I wish you would find out pearse & converse with him.
I am Dr. sr. yours very sincerely

Nichs Low