Scarce DS, signed “A. Hamilton,” one page, 7.5 x 9, August 31, 1792. Printed Treasury Department circular. In part: “Agreeably to an order of the Senate of the United States…I have to request that you will furnish me…with the particular statements required by the said order…as Uniformity in the mode of stating the receipts and disbursements will facilitate the business, a form is hereto annexed as a guide…Collectors will obtain and transmit at the same time similar documents from the Inspectors, Gaugers, Measurers and Weighers, or other persons…from which salaries, fees or emoluments are derived.” In very good condition, with smoothed intersecting folds with small edge separations, unobtrusively silked on the reverse for reinforcement, and an overall block of toning.
This interesting financial document dates to shortly after Hamilton deftly managed to resolve the Panic of 1792, precipitated by a crash in the price of securities in combination with overextended credit. Hamilton was able to introduce measures to restore confidence in the markets and used the Treasury to buy back securities; his actions were able to stabilize the crisis within just one month, avoiding a prolonged recession. Pre-certified John Reznikoff/PSA/DNA and RR Auction COA.
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