Samuel Howell
- Events
- 1
- Episodes
- 4
- Years
- 1789–1791
Every event in Historedia whose sources name Samuel Howell, with the role they cite and all of that event’s episodes. This is not a biography, and mentions are grouped by name, so two people with the same name can share this page.
Events and episodes
Incorporation of the Bank of the United States
1789–1791Role: Commissioner for the taking of subscriptions
- Capitalization Through Stock Sales
Hamilton proposed funding the bank through $10 million in stock sales, with the United States government purchasing the first $2 million in shares.
- Fiscal Program and Related Funding Measures
The bank formed part of a three-part expansion of federal fiscal power; Hamilton also proposed raising duties on imported spirits and an excise on whiskey to meet government payment obligations.
- Congressional Charter of February 25, 1791
The United States Congress chartered the Bank of the United States for twenty years on February 25, 1791, and Washington signed the bank bill into law the same day.
- Commissioners, Leadership, and Opening
Washington appointed three subscription commissioners on March 19, 1791; the Philadelphia branch opened December 12, 1791, operating from Carpenters' Hall, with Willing elected President in October.
- Capitalization Through Stock Sales
Sources
- First Bank of the United States Wikipedia, revision of 2026-09-12