Beschreibung:

Establishing the First Bank of the United States George Washington & Thomas Jefferson 25 February 1791 WASHINGTON, George (1732-1799). Document signed ("Go: Washington") as President, countersigned by Thomas JEFFERSON (1743-1846) ("Th. Jefferson") as Secretary of State, Philadelphia, 19 March 1791. One page, 315 x 330mm, on vellum mounted to an acid free mat (some toning, mild dampstain, minor chip at bottom margin). George Washington appoints Samuel Howell as a Commissioner of the Bank of the United States. A scarce early appointment of one of the first three commissioners to oversee and gather subscriptions for the bank less than after a month following its charter on 25 February 1791. Howell (1723-1807), a prominent Philadelphia merchant, served on the commission with David Rittenhouse and Thomas Willing. An important document relative to the history of the First Bank of the United States which, though an important stabilizing influence on the early economy of the United States, also became a political punching bag for Jeffersonians opposed to the notion of central banking.