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      Report on Foreign Loans. Supplementary Statement Showing the Sums Borrowed in the United States, 10 January 1793

      From: Hamilton Papers | Volumes | Volume XIII | Report on Foreign Loans. Supplementary Statement Showing the Sums Borrowed in the United States, 10 January 1793

      The Resolution of the House of Representatives of the 27th of December last, having been considered as contemplating foreign Loans only, the Statements rendered to the House on the 3d instant, were confined merely to those objects. But lest a greater latitude should have been intended by that resolution, I have the honor to transmit herewith a supplementary Statement, No. V, which contains the...
      Under the Act, intituled “An Act making appropriations for the support of Government for the year 1790,” the following sums were borrowed from the Bank of New York, and applied, as specified in the said Act, Viz: 1790, March 31st 30.000. dollars. April 8th 25.000. 55,000. dollars, at the rate of six per centum per annum, from the respective dates mentioned, to the 14th. May 1790, when the loan...