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Treasury Report, December 13, 1790
Alexander Hamilton PPs 3-44 (missing cover and title page; ND, No Title Page; no printer or location listed); Bound by last owner in modern cloth. A hard to find edition, when supplemented with facsimile title page will provide a collector with an affordable copy of a hard to find edition.
Summary as follows: Report on Public Credit
In the Report on Public Credit, the Secretary made a controversial proposal that would have the federal government assume state debts incurred during the Revolution. This would, in effect, give the federal government much more power by placing the country's most serious financial obligation in the hands of the federal, rather than the state governments.
The primary criticism of the plan was spearheaded by Secretary of State Thomas Jefferson and Representative James Madison. Some states, like Jefferson's Virginia, had paid almost half of their debts, and that their taxpayers should not be assessed again to bail out the less provident. They further argued that the plan passed beyond the scope of the new Constitutional government.
Madison objected to Hamilton's proposal to cut the rate of interest and postpone payments on federal debt, as not being payment in full; he also objected to the speculative profits being made. Much of the national debt had been bonds issued to Continental veterans, in place of wages which the Continental Congress did not have the money to pay; as these continued to go unpaid, many of these bonds had been pawned for a small fraction of their value. Madison proposed to pay in full, but to divide payment between the original recipient and the present possessor. Others, like Samuel Livermore of New Hampshire, wished to curb speculation, and save taxation, by paying only part of the bond. The disagreements between Madison and Hamilton extended to other proposals Hamilton made to Congress, and drew in Jefferson when he returned from France. Hamilton's supporters became known as Federalists and Jefferson's as Republicans. As Madison put it:
"I deserted Colonel Hamilton, or rather Colonel H. deserted me; in a word, the divergence between us took place from his wishing to administration, or rather to administer the Government into what he thought it ought to be..."[47]
Hamilton eventually secured passage of his assumption plan by striking a deal with Jefferson and Madison. According to the terms, Hamilton was to use his influence to place the permanent national capital on the Potomac River, and Jefferson and Madison were to encourage their friends to back Hamilton's assumption plan. In the end, Hamilton's assumption, together with his proposals for funding the debt, overcame legislative opposition and narrowly passed the House on July 26, 1790.
Price: $800
XJT-76
Massachusetts Bay Bounty Note Dated 1777
This 7 ½-inch by 6 ¼-inch bounty note is printed and handwritten on laid paper. It has been folded in half vertically and horizontally and there is a small tear on the right of the horizontal fold. The document is dated January 15, 1777 and promises to pay the "...Possessor of this Note the Sum of TEN POUNDS, on the 6th Day of December 1780, with Interest at Six per Cent, per Annum..." It is signed H. Gardner, Treasurer and by William Cooper and N. Appleton.
Price: $250
XJT-1
Rev War Document 1777: Government and People of Massachusetts Bay in New England
Still has a Massachusetts Bay Colony Seal/ On Laid Paper w/ Large Rampart Lion with Sword and Scepter watermark
"TO The Government and People of Massachusetts Bay in N.England To The Sheriff
You are Hereby Required in The Name to make Diligent Search within your Precinct for The Body of Job Smith Esq.of Taunton and Him Apprehending you are to have before one of The Justices of the Peace for The County that he may become Bound by the act of Recognizance with two sufficient Sureties for His Personal Appearance at The next Court of The General Sessions of The Peace to be Holden at Taunton on The Second Tuesday of June next Then & There in sd Court to Answer A PRESENTMENT OF THE GRAND JURY for The Body of The County of Bristol FOR THAT THE sd JOB AT TAUNTON NOT REGARDING THE LAWS AND ACTS OF THIS STATE NOR FEARING THE PAINS AND PENALTIES CONTAINED THEREIN AFTER THE 28th DAY OF JANUARY 1777 TO WIT ON THE 22nd DAY OF FEBRUARY LAST PAST AT sd TAUNTON DID SELL TO ONE RICHARD GODFREY Jr ONE QUART OF NEW ENGLAND RUM AT A GREATER PRICE THAT IN PROPORTION OF 4 SHILLINGS 6 PENCE BY THE GALLON ALLOWING FOR TRANSPORTATION TO WIT sd QUART AT THE PRICE OF 2 SHILLINGS FOR sd QUART OF NEW ENGLAND RUM AGAINST THE PEACE OF THE GOVERNMENT & PEOPLE OF THE MASSACHUSETTS BAY IN NEW ENGLAND IN EVIL EXAMPLE TO OTHERS and Against The Form of The Act in that Case Made & Provided and to do and receive what by sd Court he shall be ordered and not Depart without License and you are alike Required to Summon Richard Godfrey of Taunton to appear at sd Court to give Evidence of what he knows relating to the Premises Failnot and make Return hereof with your doings herein unto sd Court Dated at Taunton The Fifteenth Day of April 1777 Signed By Samuel Fales Clerk of the Court." On Verso A Warrant Job Smith Taunton. Deputy Sheriff Signs and States Taunton May 26th 1777 I then Apprehended the body of the within Mentioned Job Smith and had Him before Benjamin Williams Esq one of The Justices Of The Peace for The County and at the same Job became Bound by way of Recognizance according to the within writ. I also on The 5th Day of June 1777 Summoned the within Named Richard Godfrey Jr to give Evidence as within Commanded. Signed Josiah Crocker. At this Great Transitional Period in our Early American People were trying all The Blue Laws and even Weights and Measure Laws to see what they could get away with. Measures 7.75-inches by 12.25-inches.
Price: $325
ACD
Independent Chronicle Newspaper
October 30, 1777
Revolutionary War period newspaper.
Price: $800
486-3
FIVE Charles Stadden American Colonial lead figures
All hand made and painted by Stadder in England, sometime in the 1960's
Marked Britain on the base, these figures rarely are found on the secondary market, and often bring strong prices. The Five figures represent. 5 different figures of the American side of the Revolutionary war. Hessian Soldier is listing/leaning to the right, but can be bent back (too much rum?) Otherwise excellent condition, with no issues.
Price: $125 each
Or all 5 for $600
XJT-74
 
 
 
 
Ten pieces of American Colonial Currency
All dated in the 1774-1780 range. Varying conditions, and sold as a lot.
Price: $40 each
Or $350 for the group
XJT-75
An Answer to the Declaration of the American Congress, 5th Edition
Printed for T. Cadell
London, 1775
Written by John Lind with Jeremy Bentham. John Lind, a Tory jurist, was London agent for the King of Poland and a backroom propagandist for the North administration. 132 pages, rebound in gray cloth covers, dark blue spine with gold lettering.
Price: $235
XJT-51
1773 Summons - SOLD
A printed and handwritten summons from New London, CT regarding a case about an unpaid debt. The reverse has note by the Sheriff’s Deputy that the document was left at the “...usual abode of the within Named Defendant...” Also has the written opinion of the court in favor of the defendant. Approximately 6-inches by 4.5-inches. Chapman, Barkey, Huntington, named in document. Docketed on Verso.
XJT-59 - SOLD
Pay Voucher for Pennsylvania Assembly, 1783
Made out to John Steinmetz, a Philadelphia wholesale merchant, ship owner and importer, this printed and handwritten document is signed by Frederick A. Muhlenberg (1750 - 1801) the Speaker of the Pennsylvania Assembly. Muhlenberg was a former Lutheran Minister turned businessman who served as a member of the Continental Congress, became first Speaker of the United States House of Representatives, and President of the Pennsylvania Convention. The reverse acknowledges payment and is signed twice by Steinmetz. The document has been folded into thirds vertically and a portion has torn away and been taped back into place. There is another piece of tape on the remaining fold as well as a small hole. 7 ¾-inches by 6 ¼-inches.
Price: $250
XJT-2
The Address of the People of Great Britain to the Inhabitants of America
By Sir John Dalrymple, printed for T. Cadell
London 1775
Rebound in brown cloth covers. Pencil marks and notes throughout, some foxing and toning.
Price: $235
XJT-50
Thoughts on the Cause of the Present Discontents by Edmund Burke
5th Edition
Printed for J. Dodsley
London, 1775
A discourse on the travails England was experiencing in the late 18th century, including problems with the American colonies by one of the foremost political thinkers in England. 118 pages, rebound with marbled covers and leather corners and spine.
Price: $235
XJT-53
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