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.

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