Alexander Hamilton Papers
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From Alexander Hamilton to the President and Directors of the Bank of the United States, 24 March 1794

To the President and Directors
of the Bank of the United States

[Philadelphia, March 24, 1794. “In consequence of an Act lately passed enabling the President to borrow for the services of the current year One Million of Dollars,1 I have his authority to negotiate a loan to that extent.2 I flatter myself that I shall be able as heretofore to obtain this necessary aid from your institution, to be advanced in … installments.”3 Letter not found.]

ALS, sold at Anderson Galleries, January 18, 1910, Lot 109.

1. “An Act authorizing a Loan of one million of Dollars” (1 Stat. description begins The Public Statutes at Large of the United States of America (Boston, 1845). description ends 345 [March 20, 1794]).

2. George Washington to H, March 22, 1794.

3. This extract has been taken from the dealer’s catalogue.

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    Hamilton Papers
    Title
    From Alexander Hamilton to the President and Directors of the Bank of the United States, 24 March 1794
    Author
    Hamilton, Alexander
    Recipient
    President and Directors of the Bank of the United States
    Date
    24 March 1794

    Reference

    Cite as
    “From Alexander Hamilton to the President and Directors of the Bank of the United States, 24 March 1794,” Founders Online, National Archives, https://founders.archives.gov/documents/Hamilton/01-16-02-0144. [Original source: The Papers of Alexander Hamilton, vol. 16, February 1794 – July 1794, ed. Harold C. Syrett. New York: Columbia University Press, 1972, pp. 192–193.]

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