Alexander Hamilton Papers

From Alexander Hamilton to the President and Directors of the Bank of the United States, 26 March 1793

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

[Treasury Department, March 26, 1793. “I am authorized by the President of the United States to borrow on account of the Government Eight Hundred Thousand Dollars.…1 As the Public Service will in the course of the summer require a temporary anticipation of the current revenues, I request to be informed whether it will be convenient to the Bank of the United States to make the above mentioned loan.… I shall be willing to stipulate that the sum to be lent shall not be called for otherwise than in equal Monthly installments of Two hundred thousand dollars each … and that each installment shall be reimbursed, at furthest, within six months.… The experience I have had of the disposition of your Institution leaves me under no hesitation to count upon its cooperation in the present instance.…”2 Letter not found.]

LS, sold by Paul C. Richards, Catalogue No. 3, Lot 78.

1. See H to George Washington, March 18, second letter of March 20, 1793; Washington to H, March 20, 21, 1793.

2. Extract taken from 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, 26 March 1793
    Author
    Hamilton, Alexander
    Recipient
    President and Directors of the Bank of the United States
    Date
    26 March 1793

    Reference

    Cite as
    “From Alexander Hamilton to the President and Directors of the Bank of the United States, 26 March 1793,” Founders Online, National Archives, https://founders.archives.gov/documents/Hamilton/01-14-02-0137. [Original source: The Papers of Alexander Hamilton, vol. 14, February 1793 – June 1793, ed. Harold C. Syrett. New York: Columbia University Press, 1969, p. 245.]

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