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Statement II: [Funds Drawn for the Reduction of the Public Debt], 13 February 1793

— II —

A Statement of the Application of the Funds Drawn on the Appropriation of the Surplus of Duties to the End of the Year 1790, for the Reduction of the Public Debt.

									Dollars. Cts.
To appropriation for reducing the public debt, constituted by the Act of Congress, passed on the 12th. day of August 1790,49 for the amount drawn from said Appropriation by Warrants on the Treasurer from December 15th. 1790, to December 29th. 1792, Viz:
								Dollars. Cts.
1790.	Dec: 15:	No.	776	in favor	of	Samuel Meredith,	to be applied in purchases of the public debt	200.000.
1791.	Jan: 26:	No.	856	do.		do.	do.	50.000.
“	Feby: 5:		869	do	of	Ben. Lincoln	do.	50.000.
“	“		870.	do.	of	Wm. Heth	do.	50.000.
“	Sept: 30:		1265.	do.	of	S: Meredith	do.	149.984. 23.
			1266.	do.	of	Wm. Seton	do.	200.000.
1792.	Mar: 31:		1605.	do.	of	S: Meredith	do.	28.915. 52.
	June 30:		1865.	do.	of	do.	do.	62.673. 90.
			1867.	do.	of	Wm. Seton	do.	151.098. 89.
	Dec: 29th:		2328.	do.	of	S: Meredith	do.	15.098. 11.
									957.770. 65
To this sum invested in purchases by Benjamin Lincoln, being in part of a sum of interest received by him on Stock purchased									5. 51.
Dollars,									957.776. 16.

Treasury Department, February 13th. 1793.

		Dollars. Cts.
By Samuel Meredith’s account of purchases, to the 7th. day of December 1790, as reported to Congress by the Commissioners for reducing the public debt, on the 21st day of December 1790		150.239. 24
By sundry purchases reported by said Commissioners to Congress on the 7th day of November 1791, Viz:
By Samuel Meredith, from the 7th of December 1790, to 19th September 1791	248.984. 71.
By William Seton, from the 19th August 1791, to 12th September, 1791	200.000.
By William Heth, from the 24th February 1791, to 2nd April 1791	49.934. 9
By Benjamin Lincoln, from the 22d February 1791, to 3d March 1791	50.005. 51.
		548.924. 31.
By interest from January 1st to July 1st 1791, on Stock purchased by Samuel Meredith, in August and September 1791		760. 28.
By sundry expenses attending purchases of public debt, charged by William Heth, and admitted to his credit		4. 15.
By sundry purchases reported by said Commissioners to Congress, on the 17th day of November 1792, Viz:
By Samuel Meredith, from the 21st March to 25th April 1792	91.589. 42
By William Seton, from 2d. to the 17th. April 1792	151.098. 89.
		242.688. 31.
By purchases by Samuel Meredith, from the 15th to the 22d December 1792, as per account settled at the treasury		15.098 11.
By balance, being money remaining in the hands of William Heth, of the sum advanced to him for making purchases, and for which he is accountable		61. 76.
Dollars,		957.776. 16.

Alexander Hamilton,
Secry: of the Treasry.

49. 1 Stat. description begins The Public Statutes at Large of the United States of America (Boston, 1845). description ends 186–87.

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Source Project: Hamilton Papers
Title: Statement II: [Funds Drawn for the Reduction of the Public Debt], 13 February 1793
Author: Hamilton, Alexander
Date: 13 February 1793

Reference

Cite as: “Statement II: [Funds Drawn for the Reduction of the Public Debt], 13 February 1793,” Founders Online, National Archives, https://founders.archives.gov/documents/Hamilton/01-14-02-0013-0003. [Original source: The Papers of Alexander Hamilton, vol. 14, February 1793 – June 1793, ed. Harold C. Syrett. New York: Columbia University Press, 1969, pp. 60–61.]