Authorization to the Secretary of the Treasury to Borrow Money for the United States

George Washington, President of the United States of America, to the Secretary of the Treasury for the time being:

By virtue of the several acts, the one entitled "An act making provision for the debt of the United States" and the other entitled "An act making provision for the reduction of the public debt," I do hereby authorize and empower you, by yourself or any other person or persons, to borrow on behalf of the United States, within the said States or elsewhere, a sum or sums not exceeding in the whole $14,000,000, and to make or cause to be made for that purpose such contract or contracts as shall be necessary and for the interest of the said States, subject to the restrictions and limitations in the said several acts contained; and for so doing this shall be your sufficient warrant.

In testimony whereof I have caused the seal of the United States to be hereunto affixed.

Given under my hand, at the city of New York, this 28th day of August, A.D. 1790.

Go. WASHINGTON

By the President:

Th: Jefferson.