Lot #211

Alexander Hamilton

Description

“The proceeds of forfeited vessels and goods, and the sums recovered, as for pecuniary fines and penalties, will naturally come, in the first instance, into the hands of the Marshals.”

Printed circular LS signed “A. Hamilton,” one page, 6.5 x 8.75, June 8, 1792, headed at the top “Treasury Department.” Printed circular letter addressed “to the Collectors.” In part: “The 66, 67 and 68 sections of the Collection Law, make provision respecting the prosecution, receipt, appropriation and distribution of and for fines, penalties and forfeitures, under that act. The provision is less precise and clear than could be wished, and may require legislative revision. In the mean time it is indispensable that some arrangement should be made and observed; consulting such indications as are to be found in the law, and pursuing the most convenient and orderly course…The proceeds of forfeited vessels and goods, and the sums recovered, as for pecuniary fines and penalties, will naturally come, in the first instance, into the hands of the Marshals. These, they will pay over to the respective Collectors, who will pay the charges and distribute the net remainder.” Matted and framed with two engraved portraits of Hamilton, to an overall size of 25.5 x 14.5. In very good condition, with intersecting folds, scattered toning and foxing, missing lower left corner tip, some scattered soiling, and a few light pencil notations. An interesting and detailed circular letter with excellent Treasury association. Oversized. Pre-certified John Reznikoff/PSA/DNA and RRAuction COA.

Auction Info

• Auction Title:
• Dates: #372 - Ended June 15, 2011

This item is Pre-Certified by PSA/DNA
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