AARON BURR 1788 SIGNED LETTER TO BANK OF NEW YORK.
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Winning Bid:
$1,947.00
(Includes 18% Buyer's Premium)
Bidding Ended:
Tuesday, July 25, 2023 9:00:00 PM (20 Minute Clock Begins At Tuesday, July 25, 2023 9:00:00 PM)
Item Description
7.5x7.5". Letter from Peter Ogilve and Aaron Burr to the Bank of New York. Letter pertains to the payment to Marinus Willet (a merchant and later mayor of NYC from 1807 to 1808). Dated March 3, 1788. Signed by Ogilve and Burr. Burr served in the NY State Assembly between 1784-85 and was appointed as New York State Attorney General in 1789 by George Clinton. His influence forged the Tammany Society, which later became Tammany Hall, into a political machine propelling Jefferson to the Presidency. Scattered fold lines and moderate edge wear and handling. Fine. Signatures are clear and bold, particularly that of Burr. Comes w/Hake's COA and JSA LOA. See next lot for letter signed by Alexander Hamilton.
Colonial Beef: Burr's founding the Bank of the Manhattan Company in 1799 ruffled the feathers of Hamilton who had prevented the formation of banks that would rival his Bank of New York. Burr won Hamilton and other Federalists' support for the bank by chartering the formation of a water company, then badly needed in Manhattan, but changed the charter at the last minute allowing the company to invest surplus funds. Burr used the bank to fund Democratic-Republican patrons using his influence to secure the Vice Presidential nomination alongside Thomas Jefferson in the 1800 campaign serving in the role for a single term. Burr then attempted a run for Gov. of New York, losing badly, and came to blame, in part, Hamilton for a smear campaign because of letters by Charles Cooper suggesting Hamilton felt that Burr was "A Dangerous Man And One Who Ought Not Be Trusted With The Reins Of Government." Tensions rose as Hamilton refused to disavow his perceived sentiments culminating with Burr challenging Hamilton to a duel. On July 11, 1804 the two met at dawn on the banks for the Hudson River in Weehawken, NJ a site selected due to New York's ban on duels. Hamilton was transported back to New York where he died on the afternoon of July 12. Burr fled to harbor with his daughter's family in South Carolina. His indictment in New Jersey was thrown out as Hamilton died in New York. Burr soon returned to Philadelphia and then to Washington to complete his term as Vice President.
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