The Washington Bond

This bond, dated January 17, 1792, was owned and signed by George Washington while he was President. It is for $185.98 of Assumed Debt; interest was paid from January 1, 1792.

This was part of Alexander Hamilton's plan for liquidating the debt of the individual states and funding the national debt. By endorsing the back of the bond with his signature, Washington also endorsed the new republic and placed his faith in its future.

Materials

Objects and Images Related to George Washington

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Alexander Hamilton Alexander Hamilton, Secretary of the Treasury (September 1789 to January 1795)

Militia Soldier Payment Receipt for payment of militia soldier serving under General George Washington, 1776.

Beautiful Productivity on the Banks of the Potomac Mount Vernon, the Washington family home in Virginia.

The Potomac Company Potomack Company share certificate issued to George Washington, 1798. Collection of John E. Herzog.

Washington's Immense Legacy Bank note from the Rhode Island Washington Bank featuring the possible first likeness of George Washington on currency, circa 1800. Collection of John E. Herzog.

We’re Wealthy Already and Bound to Get Richer George Washington’s family.

The Washington Bond Bond dated January 17, 1792 and signed by President George Washington.

Oliver Wolcott, Jr. Oliver Wolcott, Jr., Secretary of the Treasury (February 1795 to December 1800)