$5,040
Estimate: $2,000 - $3,000
The Alexander Hamilton Collection of John E. Herzog
Auction: October 25, 2021 11:00:00 AM EDT
Alexander Hamilton's report on foreign loans from France, one of several written in response to Democratic-Republican accusations of misconduct
(Philadelphia): Printed by Childs and Swaine, (January 3, 1793). Folio, 13 1/2 x 8 1/2 in. (343 x 216 mm). (ii), 6 pp. Original limp blue paper wrappers, original thread sound, front and rear wrapper edges worn, wrappers darkened and spotted; inscription on front wrapper: "Dup. 1793./23 6/Hamilton/Statemts. Respecting/Foreign Loans/Jan. 3. 1793"; text very lightly toned, some creasing to top edge of same; book-plate of investment firm Donaldson, Lufkin & Jenrette, Inc. Financial History of the American Revolution, on inner rear wrapper. Evans 2630
A rare detailed report from Hamilton, concerning loans obtained from France, including payment schedules as well as remarks on currency conversion and interest. This report is one of many issued by Hamilton (see lots 29, 30) in early 1793 in answer to House resolutions filed by Republicans at the end of December 1792 in an attempt to discredit him and his administration with the goal of removing him from office. Led by Jefferson and House Republicans, they viewed his handling of foreign loans as corrupt, and sought numerous crushingly detailed reports seeking to uncover misused funds.
The first copy of this report to be offered at auction in over 50 years. Rare.