Person

Alexander Hamilton

First U.S. Secretary of the Treasury, responsible for the debt owed to France.

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  • American debt to France drafted the Treasury answer declining an early repayment, 1793; the editors say the refusal was agreed across the administration Primary record 23
Proof 3 sources
  1. U.S. Debt and Foreign Loans, 1775-1795 (Milestones), U.S. Department of State, Office of the Historian. Primary record
    Responsibility for managing debts fell to Secretary of the Treasury Alexander Hamilton
  2. Alexander Hamilton's Draft Report on the American Debt to France, with Jefferson's Commentary, [5 June 1793], National Archives, Founders Online, 5 Jun 1793. Primary record Archived copy
    The US. not being bound by the terms of their contract to make the anticipated payments desired, there is no necessity for a specification of the motives for not doing it.
  3. Editorial Note: Jefferson and the American Debt to France (Papers of Thomas Jefferson, vol. 26), National Archives, Founders Online, 1995. Scholarship & press Archived copy
    there was general agreement in the administration over the advisability of rejecting his request
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