George Washington Papers

From George Washington to Alexander Hamilton, 24 April 1794

To Alexander Hamilton

Philadelphia 24. April 1794.


It appears to me that my instructions on the 8 of August 1793 have fixed the appropriation of the money to the sinking fund; and I have considerable difficulty in being convinced of my power to change it at this time. However, as I wish to see the whole subject together it may be well for you to state to me what the embarrassments are which you suppose will arise from confining the money borrowed to the purchase of the public debt, which I own I am very desirous of seeing effected as fast as it can be done advantageously for the public.1

Geo: Washington


1On the drafting of this letter by Edmund Randolph in response to a dispute between GW and Alexander Hamilton over the application of funds from a recent Dutch loan, see Randolph to GW, 23 April.

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