MY - Financial Americana - Extracted Enactment from the Congress of the United States ... at the City of New York ... An ACT making Provisions for the Debt of the United States.\" Approved August 4, 1790. An extremely important artifact related to American financial history. A once-docketed, original string-bound, eight-page printed Act with the \"Printed by Francis Childs and Charles Swaine\" imprint on page 7. Tall quarto (vertical folio), 21.0 cm by 32.0 cm, printed on laid paper. Session of January 4, 1790. This segment was disbound from a larger volume. Page 1, titled with text, pp. 2-7, 8 blank. Page 7 with printed names of Muhlenburg as speaker and Adams as Vice President (President of the Senate). Approved by George Washington, President of the United States; imprint in bottom center. This was an extremely important Act funding $21,500,000 in United States debt certificates and creating the United State Loan Offices. The Act was approved August 4, 1790, and was Hamilton's implementation (the loan forms are Anderson-Smythe type US-195, for example) and the certificates were the first securities traded on the New York Stock Exchange (see Anderson, page 103). There is lengthy discourse in legalese, but apportionment of debt among states, sales responsibilities by the states, and even commissioner salaries are covered. Numerous splits are seen on all pages, the last page is torn, and there is edge wear. Fair condition. However, a significant Act and tangential artifact relating to the early United States loans. Ex: Eric P. Newman Numismatic Education Society \n\n
From Newman VIII (Heritage Auctions, 11/2017), lot 29243, realized $3360. Image and description courtesy of Heritage Auctions, https://ha.com.
"},{"label":"Collecting Area","value":["Numismatics"]},{"label":"Collection Name","value":["Image Collections"]}],"description":"Lot 29243","sequences":[{"@type":"sc:Sequence","canvases":[{"@id":"https://iiif.quartexcollections.com/washu/iiif/467eab97-7da4-41c3-bf0c-ea0d72263ee7/canvas/_1","@type":"sc:Canvas","label":"29243_3547012119o","height":1896,"width":1268,"images":[{"@type":"oa:Annotation","motivation":"sc:painting","resource":{"@id":"https://iiif.quartexcollections.com/washu/iiif/eb691392-e1b4-4598-bdfd-cfe974ae29d0/full/full/0/default.jpg","@type":"dctypes:Image","format":"image/jpeg","service":{"@context":"http://iiif.io/api/image/2/context.json","@id":"https://iiif.quartexcollections.com/washu/iiif/eb691392-e1b4-4598-bdfd-cfe974ae29d0","profile":"http://iiif.io/api/image/2/level2.json"},"height":1896,"width":1268},"on":"https://iiif.quartexcollections.com/washu/iiif/467eab97-7da4-41c3-bf0c-ea0d72263ee7/canvas/_1","metadata":[{"label":"Medium","value":["Currency"]}]}],"thumbnail":{"@id":"https://iiif.quartexcollections.com/washu/iiif/eb691392-e1b4-4598-bdfd-cfe974ae29d0/full/500,500/0/default.jpg","@type":"dctypes:Image","height":500,"width":500}},{"@id":"https://iiif.quartexcollections.com/washu/iiif/467eab97-7da4-41c3-bf0c-ea0d72263ee7/canvas/_2","@type":"sc:Canvas","label":"29243_3547012119r","height":1938,"width":1305,"images":[{"@type":"oa:Annotation","motivation":"sc:painting","resource":{"@id":"https://iiif.quartexcollections.com/washu/iiif/323d41ea-3dca-43ef-a891-16dde1eb3933/full/full/0/default.jpg","@type":"dctypes:Image","format":"image/jpeg","service":{"@context":"http://iiif.io/api/image/2/context.json","@id":"https://iiif.quartexcollections.com/washu/iiif/323d41ea-3dca-43ef-a891-16dde1eb3933","profile":"http://iiif.io/api/image/2/level2.json"},"height":1938,"width":1305},"on":"https://iiif.quartexcollections.com/washu/iiif/467eab97-7da4-41c3-bf0c-ea0d72263ee7/canvas/_2","metadata":[{"label":"Medium","value":["Currency"]}]}],"thumbnail":{"@id":"https://iiif.quartexcollections.com/washu/iiif/323d41ea-3dca-43ef-a891-16dde1eb3933/full/500,500/0/default.jpg","@type":"dctypes:Image","height":500,"width":500}}]}],"thumbnail":"https://iiif.quartexcollections.com/washu/iiif/eb691392-e1b4-4598-bdfd-cfe974ae29d0/full/300,300/0/default.jpg","logo":"https://iiif.quartexcollections.com/washu/iiif/logo"}