A first book in American history with European beginnings . on. Elevenstates having accepted the Constitution, it went into effectin 1789. Washington was unanimously elected to act as thefirst President under the new Constitution. His inaugura-tion was to be held in New York, and great preparationsfor the event were made in that city. Washington reachedNew York from Mount Vernon on April 23d. On hisjourney he received a constant ovation from a loyal andenthusiastic people. From New Jersey he was rowed toNew York in a gorgeous barge, manned by thirteen mas-ters of vessels, dressed in white unif
A first book in American history with European beginnings . on. Elevenstates having accepted the Constitution, it went into effectin 1789. Washington was unanimously elected to act as thefirst President under the new Constitution. His inaugura-tion was to be held in New York, and great preparationsfor the event were made in that city. Washington reachedNew York from Mount Vernon on April 23d. On hisjourney he received a constant ovation from a loyal andenthusiastic people. From New Jersey he was rowed toNew York in a gorgeous barge, manned by thirteen mas-ters of vessels, dressed in white uniforms. Every vesselin the harbor was gay in holiday attire. On April 30,1789, at the old Federal Building in Wall Street, GeorgeWashington took the oath of office as the first Presidentof the United States. When President Washington chose his cabinet, he made263 A FIRST BOOK IN AMERICAN HISTORY Hamilton his Secretary of the Treasury. With the coun-try deeply in debt, with no money in the treasury, andwith the endless number of important questions that must. From an old print. Washington Taking the Oath of Office, as the First President, at Federal Hall on Wall Street, now the Sub-Treasury Building. be decided before the new government could be placed ona sound financial basis, Hamilton had a stupendous taskbefore him. He bent all his great ability to the straighten-ing out of Americas tangled financial condition. Where 264 ALEXANDER HAMILTON others would have ended with dismal failure, Hamiltonsucceeded. As the result of his work he brought out a series of finan-cial measures which quickly and firmly established thecredit of the country. He advocated the payment in fullwith interest of the enormous National debt and the debtsof the states. He established methods of taxation; heprovided for the establishment of a National Bank and aMint. All of these measures and many more besides, un-
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Keywords: ., bookcentury1900, bookdecade1920, bookidfirstbookina, bookyear1921