From Stephen Higginson1
Boston, February 23, 1791. Wishes to obtain a position in the executive branch of the government, but will not accept a post that pays less than two thousand dollars. Congratulates Hamilton on the success of Hamilton’s “measures & projections.” Has heard that Hamilton plans “to establish deposits of Cash here & in york, at least, to exchange the Notes of the Proposed Bank.” Approves of this plan, for without it “the notes will never answer all the purposes of money, or be equal to those of our own Bank.”2
ALS, Hamilton Papers, Library of Congress.
1. Higginson was a Boston merchant and a Federalist.
2. The Bank of Massachusetts.