George Washington Papers

From George Washington to Oliver Wolcott, Jr., 10 June 1796

10 June 1796

By virtue of the Act entitled "an act making appropriations for the support of the military & naval Establishments for the year one thousand seven hundred & ninety six," passed on the first of June in the year one thousand seven hundred & ninety six.

I do hereby authorize & empower you, by yourself, or any other person or persons to borrow on behalf of the United States, of the Bank of the United States or any other body or bodies politic, person or persons any sum not exceeding in the whole Six hundred & fifty thousand dollars; & to make or cause to be made for that purpose, such Contract or Contracts as shall be necessary, & for the Interest of the said States.

And for so doing this shall be your Warrant. Given under my hand at Philadelphia this 10th day of June in the year of our Lord one thousand seven hundred & ninety six.

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