Auction details
Max Rambod Auction
offered by
16161 Ventura Blvd.
#756 Encino, CA 91436 ![]()
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3rd President. 15" x 9 1/2" under an 12" x 8" mat. A very rare printing of an early United States Law providing for the funding of the national debt, signed in manuscript by Thomas Jefferson as Secretary of State. The document, which also carries the printed signatures of President George Washington, Vice President John Adams, and House Speaker Frederick Muhlenberg, was approved March 2, 1791.Individual acts and bills of the first Congress were routinely printed for public consumption. A provision was made, however, to print a few copies of each act on large paper for dissemination to the states, and to have each copy signed by Secretary of State Thomas Jefferson. The present copy is one of those large paper issues, bearing Jefferson's manuscript signature beside his printed title.One of the main priorities of the federal government in the early national period was to pay down the debt of the United States. The national debt was incurred during the Revolution and was augmented in 1790 when the Congress passed the "Assumption Act," taking on the debts of the individual states as well. A variety of taxes were imposed to raise funds to pay the debt, including those in the present bill. This bill provides for taxes on goods imported into the United States, thereby also bolstering support for the consumption of domestically produced goods. Two main products are mentioned in the bill: items made of lead, and certain cotton or linen goods. A duty of one cent per pound is levied on imports manufactured of lead, or in which lead was the chief article. A duty of seven and one-half percent is extended to "all printed, stained, and coloured goods, or manufactures of cotton, or of linen, or of both, which hereafter shall be brought into the United States from any foreign port or place."Evans and NAIP together locate four copies of the present act, at the Library of Congress, The New York Public Library, the Rhode Island Historical Society, and the American Antiquarian Society. However, there is no mention that any of those copies is signed by Jefferson, and the dimensions given by NAIP are smaller than those of the present copy, indicating that those listed are not among the special copies signed by Jefferson for official transmittal. A very rare and desirable early American law, pertaining to an important national issue and bearing the signature of an iconic figure in American history. Three very light horizontal fold lines, otherwise, in excellent condition. ![]() page for more information about Autographs our Guarantee and Our Company. If you have any question about this great item please call or email us at least one day prior to the auction day, we have between 500 and 1000 lots in each auction so we will be very busy on the last day and unable to respond to inquiries on auction day, but we would be more than happy to do so on any day before the auction day .We stand behind every autograph we sell with our unconditional guarantee of authenticity. WE will refund 100% of your money if it is ever proven that this autograph item is not authentic. So you can buy withconfidence. TERMS OFAUCTION: PLEASE READ THE TERMS AND CONDITION OF THIS AUCTION, IF YOU BID ON THIS LOT YOU ARE ACCEPTING THE TERMS AND CONDITIONS. Please also remember that we must receive payment from winning bidder within 7 business days. If auction closes on the weekend Please note that we will contact you on the Monday following the closing of this auction (we are closed during weekends). Note that some scans may be in in black and white. Postal Money Orders preferred. Personal checks will have to clear for 10 business days before mailing. We accept VISA and Master Charge through PayPal.com. All sales are final. US funds Only. NO COD's. Item(s) are shipped via UPS ($15.50) or Federal Express for items priced above $1500.00 (Fed Ex charges are $38.50) all items also have an Shipping insurance fee of $3 for items priced below $300, Insurance for items valued above $300 will be $7.5 plus 0.03 percent of the value, but insurance fee will be less than what the postal insurance rate would cost. Please wait for your Invoice before making payments. |






