- More
LOT #47209
|
Sold for: Sign-in
or Join (free & quick)
Thomas Jefferson Circular Letter Signed ...
Click the image to load the highest resolution version.
Description
Jefferson sends Hancock the Acts of First Congress Third Session - including the first federal budget and infamous Whiskey Tax
Thomas Jefferson Circular Letter Signed "Th: Jefferson." One page, 7.75" x 9", Philadelphia; March 30, 1791. Circular letter signed by Jefferson as Secretary of State, to Governor John Hancock of Massachusetts; sending copies of the legislation passed during the third session of the first Federal Congress (December 6, 1790 - March 3, 1791)."Sir / I have the honor to send you herein enclosed, a collection of the Acts passed at the third Session of the Congress of the United States of America, and of being with sentiments of the most perfect respect.
Your Excellency's Most obedient and Most humble Servant
Th: Jefferson
[To:] His Excellency The Governor of Massachusetts"
The first Federal Congress met in New York for its first two sessions, and then moved to Philadelphia for its final (third) session, where it passed revenue measures including the infamous Whiskey Tax, the federal budget ($1,526,700.20), and, ironically, a duty on tea. This was also the first session dealing with the admission of the first new states, Kentucky and Vermont.
Congress established the Bank of the United States, authorizing it for twenty years, and allowing it to raise $10,000,000 in capital, and issue currency up to that amount. Refusing to accept state bank notes that were not redeemable in hard currency, the Bank started to create a national banking system.
The famous compromise brokered by Alexander Hamilton, Thomas Jefferson and James Madison in the previous session was enacted in the third session. (The Southerners agreed to allow Hamilton's Assumption Plan-for the federal government to take over states' Revolutionary War debts in order to bolster the credit of the new national government-while Northerners agreed to move the capital, first from New York to Philadelphia, and then to the new capital on the banks of the Potomac, once it was built.)
The Whiskey tax imposed duties not only on imported spirits, but also on those produced domestically. Whiskey provided the most efficient means for Westerners to process their crops into an easily transportable commodity. The tax was formally opposed by Maryland, North Carolina, and Virginia. Three years after it passed, open rebellion broke out in western Pennsylvania. In 1794, President Washington called out 12,000 troops, whose presence caused the rebels to disband without a fight. The defeat of the rebellion strengthened the political power of Hamilton and the Federalists and encouraged more investment in southwestern Pennsylvania. The Whiskey tax was adjusted, and eventually overturned.
Thomas Jefferson (1743-1826) was the author of the Declaration of Independence (1776), U.S. minister to France (1785-93), Secretary of State (1785), Vice-President (1797-1801), and third President of the U.S. (1801-09). Jefferson's administration is credited with the Louisiana Purchase that doubled the size of the United States. Other events during his tenure in office included the war with Tripoli, the prohibition of slave importation into the U.S., and the ill-fated embargo (1807-09), which Jefferson thought necessary to prevent the country from being drawn into the war between England and France. Jefferson's Virginia statute of religious freedom, of which he was an enthusiastic advocate, became the basis of the first amendment to the Constitution.
Condition: Flattened mail folds. Minor toning at the edges, with light foxing throughout. A small area of chipping at the left edge has been repaired with archival material. Very minor additional chipping at edges. Bold signature by Jefferson.
Auction Info
Auction Dates
October, 2019
26th
Saturday
Bids + Registered Phone Bidders: 2
Lot Tracking Activity: N/A
Page Views: 557
Buyer's Premium per Lot:
25% on the first $300,000 (minimum $49), plus 20% of any amount between $300,000 and $3,000,000, plus 12.5% of any amount over $3,000,000 per lot.
Shipping, Taxes, Terms and Bidding
Calculate Standard Domestic Shipping Sales Tax information
Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms
Calculate Standard Domestic Shipping Sales Tax information
Important information concerning Sales Tax and Resale Certificates. Learn More
Terms and Conditions | Bidding Guidelines and Bid Increments | Glossary of Terms
Viewing at %
Please enter a value between % and 100% and press your "Enter" key. Close
Fit to screen
View Full Size
Brightness
Sold for:
Sign-in
or Join (free & quick)
Floor auctions
Open for bidding: (View All)World & Ancient Coins
Ends on 01/21/2020
Fine Art
Ends on 01/21/2020
Jewelry & Timepieces
Ends on 01/25/2020
World & Ancient Coins
Ends on 01/26/2020
Sports Collectibles
Ends on 01/30/2020
Jewelry & Timepieces
Ends on 01/31/2020
World & Ancient Coins
Ends on 02/02/2020
Luxury Accessories
Ends on 02/09/2020
World & Ancient Coins
Ends on 02/09/2020
Decorative Art
Ends on 02/12/2020
Decorative Art
Ends on 02/13/2020
Coming soon:
Fine Art
Opens about 01/28/2020
US Coins
Opens about 01/31/2020
Historical
Opens about 02/03/2020
Sports Collectibles
Opens about 01/31/2020
Decorative Art
Opens about 02/04/2020
Comics & Comic Art
Opens about 01/29/2020
Sports Collectibles
Opens about 02/07/2020
Currency
Opens about 02/03/2020
Rare Books
Opens about 02/14/2020
Comics & Comic Art
Opens about 02/14/2020
US Coins
Opens about 02/08/2020
Decorative Art
Opens about 02/20/2020
US Coins
Opens about 02/15/2020
Decorative Art
Opens about 02/25/2020
Decorative Art
Opens about 02/27/2020
Heritage membership
VIEW BENEFITS
- Past Auction Values (prices, photos, full descriptions, etc.)
- Bid online
- Free Collector newsletter
- Want List with instant e-mail notifications
- Reduced auction commissions when you resell your
winnings
Consign now
- Cash Advances
- More Bidders
- Trusted Experts
- Over 200,000 Satisfied Consignors Since 1976
Learn about consigning with us
Heritage has gone above and beyond my expectations in handling all of my transactions in a thoroughly professional manner. I would not hesitate to recommend them to anyone worldwide for the exemplary auction and valuation services they provide.View More Testimonials
HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)
Video tutorial
Getting the most out of search
Recent auctions
2019 December 14 Historic Flags of World War II Signature Auction - Dallas
REALIZED $1,022,424