Alexander Hamilton Papers

From Alexander Hamilton to Jabez Bowen, 20 August 1791

To Jabez Bowen1

[Philadelphia, August 20, 1791. “… It is a rule necessary to be strictly adhered to that the certificates of any state which have once been surrendered to such State shall be deemed to be extinguished and shall cease to be considered as a part of its debt, assumable on the principle of the Funding Act.”2 Letter not found.]

ALS, sold at Samuel Freeman Company, November 18, 1924, Item 167.

1Bowen was commissioner of loans for Rhode Island.

2“An Act making provision for the (payment of the) Debt of the United States” (1 Stat. description begins The Public Statutes at Large of the United States of America (Boston, 1845). description ends 138–44 [August 4, 1790]). Text taken from extract in the dealer’s catalogue.

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