REPORT OF THE SECRETARY OF THE TREASURY, RESPECTING THE REDEMPTION OF THE PUBLIC DEBT, AND THE REIMBURSEMENT OF THE LOAN MADE OF THE BANK OF THE UNITED STATES. In: THE UNIVERSAL ASYLUM, AND COLUMBIAN MAGAZINE, FOR DECEMBER, 1792
by [Hamilton, Alexander]
- Used
- Condition
- See description
- Seller
-
Woodbridge, Connecticut, United States
Payment Methods Accepted
About This Item
Philadelphia: Printed for the Proprietors of William Young, Bookseller, 1792. Pages 421-429, signed in type by Hamilton in several places, and dated November 30, 1792. The entire issue is [361]- 432 pp. Disbound, else Very Good.
This is certainly one of the very earliest printings of Hamilton's ground-breaking Treasury Department Report, dated November 30, 1792. He issued it "in obedience to two resolutions of the House of Representatives" directing him to report a plan for redemption of the debt, and "reimbursement of the Loan made of the Bank of the United States."
Hamilton's Report delineates "the most eligible means of providing for the execution of that important object." He worries that the "continuance of the present Indian war" is likely to "exhaust the product of the existing revenues." Hamilton urges, first, that existing revenues should be used for "occasional purchases of the debt when not exhausted by [other] exigencies." He would then create "an annual fund" for gradual reduction and ultimate elimination of the public debt, proposing specific funding sources and annual amounts for the redemption over a nine-year period, demonstrated by accompanying Tables A, B, C, and D.
This is certainly one of the very earliest printings of Hamilton's ground-breaking Treasury Department Report, dated November 30, 1792. He issued it "in obedience to two resolutions of the House of Representatives" directing him to report a plan for redemption of the debt, and "reimbursement of the Loan made of the Bank of the United States."
Hamilton's Report delineates "the most eligible means of providing for the execution of that important object." He worries that the "continuance of the present Indian war" is likely to "exhaust the product of the existing revenues." Hamilton urges, first, that existing revenues should be used for "occasional purchases of the debt when not exhausted by [other] exigencies." He would then create "an annual fund" for gradual reduction and ultimate elimination of the public debt, proposing specific funding sources and annual amounts for the redemption over a nine-year period, demonstrated by accompanying Tables A, B, C, and D.
Reviews
(Log in or Create an Account first!)
Details
- Bookseller
- David M. Lesser, Fine Antiquarian Books LLC (US)
- Bookseller's Inventory #
- 39727
- Title
- REPORT OF THE SECRETARY OF THE TREASURY, RESPECTING THE REDEMPTION OF THE PUBLIC DEBT, AND THE REIMBURSEMENT OF THE LOAN MADE OF THE BANK OF THE UNITED STATES. In: THE UNIVERSAL ASYLUM, AND COLUMBIAN MAGAZINE, FOR DECEMBER, 1792
- Author
- [Hamilton, Alexander]
- Book Condition
- Used
- Quantity Available
- 1
- Publisher
- Printed for the Proprietors of William Young, Bookseller
- Place of Publication
- Philadelphia
- Date Published
- 1792
- Bookseller catalogs
- BANKING; AMERICANA;
Terms of Sale
David M. Lesser, Fine Antiquarian Books LLC
All items guaranteed as described, and subject to prior sale. Any item returnable for any reason within ten days after receipt, in same condition as sent, for refund of purchase price. My liability limited to purchase price paid. Wrappers described when present; 'dbd' means disbound. Non-U.S. shipments charged at cost. We observe all customs regulations.
About the Seller
David M. Lesser, Fine Antiquarian Books LLC
Biblio member since 2005
Woodbridge, Connecticut
About David M. Lesser, Fine Antiquarian Books LLC
The Company, formed in 1989, specializes in the cultural, political, and social history of the Americas. Since 1993 David M. Lesser, Fine Antiquarian Books LLC has been a member of the Antiquarian Booksellers' Association of America and the International League of Antiquarian Booksellers. David M. Lesser is also a member of the American Antiquarian Society. Located in New Haven's suburb of Woodbridge, Connecticut, visitors are welcome by appointment. We issue six printed catalogues annually.