First Bank of the United States in Philadelphia, Pennsylvania

Description: First Bank of the United States in Philadelphia, Pennsylvania Early 1950's Postcard View Oldest National Banking Building in the United States FREE SHIPPING anywhere in the United States. Shipping Worldwide is $1.65 “I strive to deliver 5-star customer service” PLEASE view pictures of this item in upper left for condition and for any flaws or concerns that may exist. Please contact me before you bid if you have any questions. This wonderful unused standard size chrome postcard is a great addition to any collection. Published by Walter H. Miller & Co., Inc., Williamsburg, Virginia Color Photo by Walter H. Miller Number: 38112 Postcard measures 3 1/2 x 5 1/2 inches First Bank of the United States Philadelphia, Pennsylvania Built in 1795 to house the National Bank conceived by Alexander Hamilton, this building is the oldest national banking building in the United States. Stephen Girard, the eminent French immigrant and early philanthropist, used the building for many years as his bank. The President, Directors and Company, of the Bank of the United States, commonly known as the First Bank of the United States, was a National Bank, chartered for a term of twenty years, by the United States Congress on February 25, 1791. Establishment of the Bank was included in a three-part expansion of federal fiscal and monetary power (along with a federal mint and excise taxes) championed by Alexander Hamilton, first Secretary of the Treasury. Hamilton believed a national bank was necessary to stabilize and improve the nation's credit, and to improve handling of the financial business of the United States government under the newly enacted Constitution. Officially proposed to the first session of the First Congress in 1790, Hamilton's Bank faced widespread resistance from opponents of increased federal power. Secretary of State Thomas Jefferson and James Madison led the opposition, which claimed that the bank was unconstitutional, and that it benefited merchants and investors at the expense of the majority of the population. Bank Building History: The Bank of the United States was established in Philadelphia, Pennsylvania while the city served as the national capital, from 1790 to 1800. In the eighteenth century, Philadelphia was one of the largest cities in the English-speaking world. The bank began operations in Carpenters' Hall in 1791, some 200 feet from its permanent home. Design of the bank building is credited to Samuel Blogdett, Superintendent of Buildings for the new capital in Washington, DC., although it has also been attributed to James Hoban. It was completed in 1795. The First Bank of the United States was listed as a National Historic Landmark on May 4, 1987. Until about 2000, it housed offices for Independence National Historical Park. A proposal to have it house the collection of the Philadelphia Civil War Museum was abandoned when State funding was not forthcoming. Future plans are for it to house the National Park Service archaeology lab, currently across the street from it in the old Visitor Center.PLEASE read carefully the description, conditions, and cost BEFORE you bid. If you have any questions or concerns, please contact me. Thank you for your interest. Your bid is an acceptance of the above terms and conditions.Good Luck and Thank You for your interest

Price: 4.99 USD

Location: Dayton, Ohio

End Time: 2024-12-22T19:19:02.000Z

Shipping Cost: 0 USD