Beautiful New York

A Celebration of the City

It Happened Today in New York City

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On August 12, 1790, Congress met at Federal Hall in New York City for the last time. Thanks to an agreement between Alexander Hamilton and Thomas Jefferson, New York was forgiven its Revolutionary War debt in exchange for giving up its status as the capital city of the new nation. The next meeting of Congress was in Philadelphia, where it remained for a decade, before the establishing of a new capital city on a swamp at the banks of the Potomac River, where it remains to this day.

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