From George Washington
June 13th: 1793
The President sends to the Secretary of State the Counterpart of An Agreement with the Bank of the U.S. for 800,000 dollars, to have the ratification prepared in the usual way for the President’s signature.
RC (DLC); in the hand of Tobias Lear; endorsed by TJ as received 13 June 1793. Recorded in SJPL. Enclosure: Agreement between the Secretary of the Treasury and the Bank of the United States, 31 May 1793, by which the Bank agrees to loan the United States a total of $800,000 in equal installments to be advanced on 1 June, 1
July, 1 Aug., and 1 Sep. 1793, the sums to bear 5 percent interest per annum and be repaid within six months of receipt or earlier at the borrower’s discretion (Tr in Lb in DLC: Washington Papers, where it is quoted in full as part of the President’s ratification of 17 June 1793; printed in Syrett, Hamilton description begins Harold C. Syrett and others, eds., The Papers of Alexander Hamilton, New York, 1961–87, 27 vols. description ends , xiv, 500–1).