On December 5, 1791, George Washington was serving his
first term as the inititial U.S. president under the
Constitution. On that date, his Secretary of the Treasury–
Alexander Hamilton–presented the administration’s Report
on Manufacturing to Congress. The visionary document
called for government support for trade and for a
more diverse economy, including an increase in commercial
transctions. The report presaged the industrial
revolution and its effect on the American economy.
Source: A Book of Days in American History
Posted by: Dr. Samuel B. Hoff, Delaware State University
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