PO Box 619999
Dallas, TX 75261-6199
Street Address:
2801 W. Airport Freeway
Dallas, Texas 75261-4127
(Northwest corner of W. Airport Freeway [HWY-183] & Valley View Lane)
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877-HERITAGE (437-4824)(214) 528-3500
Fax: (214) 409-1425
Auction Name: 2025 October 24 - 25 Americana & Political Signature® Auction
Lot Number: 43193
Shortcut to Lot: HA.com/6324*43193
[Alexander Hamilton]: The First National Bank of the United States is established in 1791. Gazette of the United States (Philadelphia, PA), Nov 23, 1791,4 pgs., 10 1/4" x 15 1/2", with a front page headline: "ORDINANCE AND BYE-LAWS FOR THE REGULATION OF THE BANK OF THE UNITED STATES" with a complete front page printing of the establishment of the First National Bank of the United States. The First Bank of the United States was established in 1791 as a national bank to address the financial challenges facing the newly formed United States. It was chartered for 20 years and played a significant role in stabilizing the nation's economy and facilitating government transactions. Alexander Hamilton, the first secretary of the Treasury under the new Constitution helped in creating a national bank. In December 1790, Hamilton submitted a report to Congress in which he outlined his proposal. Hamilton used the charter of the Bank of England as the basis for his plan. He argued that an American version of this institution could issue paper money (also called banknotes or currency), provide a safe place to keep public funds, offer banking facilities for commercial transactions, and act as the government's fiscal agent, including collecting the government's tax revenues and paying the government's debts.
Condition: Disbound, light foxing.
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