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Hamilton's First Report on the Public Credit and his subsequent reports on a national bank and manufacturing stand as "the most important and influential state papers of their time and remain among the most brilliant government reports in American history." [115]
As a result, the first House of Representatives directed the first Secretary of the Treasury, Alexander Hamilton, during the presidential administration of George Washington, to draw up a plan for the support of public credit. Consequently, the First Report on the Public Credit was issued on January 9, 1790, which became the foundation for ...
Hamilton's Report on a National Bank was a projection from the first Report on the Public Credit. Although Hamilton had been forming ideas of a national bank as early as 1779, [96]: 268 he had gathered ideas in various ways over the past eleven years.
Alexander Hamilton, a portrait by William J. Weaver now housed in the U.S. Department of State. In United States history, the Hamiltonian economic program was the set of measures that were proposed by American Founding Father and first Secretary of the Treasury Alexander Hamilton in four notable reports and implemented by Congress during George Washington's first term.
"Final Version of the Second Report on the Further Provision Necessary for Establishing Public Credit (Report on a National Bank), 13 December 1790". Founders Online. U.S. National Archives and Records Administration. Madison, James (February 2, 1791). "The Bank Bill, 2 February 1791". Founders Online. U.S. National Archives and Records ...
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