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Philadelphia, PA 19147
Established in 1805, Freeman’s Auction House holds tradition close, with a progressive mind-set towards marketing and promotion, along with access to a team of top experts in the auction business. And now with offices in New England, the Southeast, and on the West Coast, it has never been easier to ...Read more
A collection of three Federalist newspapers reporting some of Alexander Hamilton's achievements as the first Secretary of the Treasury, including his first report as Secretary and his reports on Public Credit
New-York: John Fenno, Saturday, October 31, 1789. No. LVIII. Bifolium sheet, 16 1/4 x 10 in. (413 x 254mm). (4) pp. Printed newspaper, in three columns. Features a statement excerpted from Hamilton's first report as Secretary of the Treasury (September 19, 1789), being the "General Estimate of Money requisite for the War Department, for the year 1789" (see lot 5); also features John Adams's essay on the American Revolution, Letter VII, from Twenty-six Letters Upon Interesting Subjects, respecting the Revolution of America on the first page, as well as an article on resolutions passed by Congress in the first session regarding the administering of oaths, specifically for the President. Trimmed along top edge, partial old ownership signature at same; left edge worn; lightly toned.
New-York: John Fenno, Wednesday, January 20, 1790. No. LXXXI. Bifolium sheet, 16 1/4 x 10 in. (413 x 254mm). (4) pp. Printed newspaper, in three columns. Features on the second page a "Summary View of the Report of the Secretary of the Treasury, submitted to the Hon. House of Representatives of the United States, on Thursday last," reporting Hamilton's First Report on Public Credit (see lot 10), his seminal treatise on American finance (likely written by him, as he often acted as a ghostwriter for the paper). Creasing from original folds; trimmed along top edge, partial old ownership signature at same; left edge worn and starting; lightly toned.
Philadelphia: John Fenno, Saturday, January 1, 1791. No. 71, of Vol. II, Whole No. 175. Bifolium sheet, 16 1/4 x 10 in. (413 x 254mm). (4) pp. Printed newspaper, in three columns. Features on the fourth page an excerpt from Hamilton's second report on public credit, describing his plan for a National Bank�the future First Bank of the United States, and one of his greatest achievements (see lot 14); also included are proceedings from the final session of the first Congress, including debates on the Militia Bill and the public debt. Creasing from original folds; scattered soiling; lightly toned.
A collection of three issues of this famed Federalist newspaper, reporting important excerpts from Alexander Hamilton's reports on Public Credit (see lot 10), as well as an excerpt from his first report as Secretary of the Treasury (also the first report of the new federal government). According to Ron Chernow, Fenno's newspaper was the Federalist's "quasi-official" paper, with Hamilton originally urging Fenno to establish it, and later raising money to rescue it from financial distress. It was the main Federalist mouthpiece against Jeffersonian newspapers�Philip Freneau's National Gazette and Benjamin Franklin Bache's General Advertiser�during the bitter newspaper wars during President George Washington's administration.
Issues 1789, 90, Christie's, New York, William E. Simon Collection of Historical Documents and Rare Books, 6/14/2005, Lot 1035
No lot may be removed from Freeman’s premises until the buyer has paid in full the purchase price therefor including Buyer’s Premium or has satisfied such terms that Freeman’s, in its sole discretion, shall require. Subject to the foregoing, all Property shall be paid for and removed by the buyer at his/ her expense within ten (10) days of sale and, if not so removed, may be sold by Freeman’s, or sent by Freeman’s to a third-party storage facility, at the sole risk and charge of the buyer(s), and Freeman’s may prohibit the buyer from participating, directly or indirectly, as a bidder or buyer in any future sale or sales. In addition to other remedies available to Freeman’s by law, Freeman’s reserves the right to impose a late charge of 1.5% per month of the total purchase price on any balance remaining ten (10) days after the day of sale. If Property is not removed by the buyer within ten (10) days, a handling charge of 2% of the total purchase price per month from the tenth day after the sale until removal by the buyer shall be payable to Freeman’s by the buyer. Freeman’s will not be responsible for any loss, damage, theft, or otherwise responsible for any goods left in Freeman’s possession after ten (10) days. If the foregoing conditions or any applicable provisions of law are not complied with, in addition to other remedies available to Freeman’s and the Consignor (including without limitation the right to hold the buyer(s) liable for the bid price) Freeman’s, at its option, may either cancel the sale, retaining as liquidated damages all payments made by the buyer(s), or resell the property. In such event, the buyer(s) shall remain liable for any deficiency in the original purchase price and will also be responsible for all costs, including warehousing, the expense of the ultimate sale, and Freeman’s commission at its regular rates together with all related and incidental charges, including legal fees. Payment is a precondition to removal. Payment shall be by cash, certified check or similar bank draft, or any other method approved by Freeman’s. Checks will not be deemed to constitute payment until cleared. Any exceptions must be made upon Freeman’s written approval of credit prior to sale. In addition, a defaulting buyer will be deemed to have granted and assigned to Freeman’s, a continuing security interest of first priority in any property or money of, or owing to such buyer in Freeman’ possession, and Freeman’s may retain and apply such property or money as collateral security for the obligations due to Freeman’s. Freeman’s shall have all of the rights accorded a secured party under the Pennsylvania Uniform Commercial Code.
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