George Downing MDS, Acquired New York for the British from the Dutch

DOWNING, GEORGE. Manuscript Document Signed, “G Downing”, 1p, on vellum, September 18, 1658, Northamton, 14" x 2.25”, being an Exchequer’s receipt for £500. Signed by Downing just days after Oliver Cromwell's death, as one of the Tellers of the Exchequers during the Commonwealth and the Restoration of Charles II. Vertical fold, minor creases, adhesive remnants at verso, pinholes at right and left edges, minor paper loss at center not affecting text.

Sir George Downing, 1st Baronet, (Ca. 1625-1684) was an Anglo-Irish statesman, soldier, diplomat and spymaster, and preacher, whose allegiances notably changed during his career, and after whom Downing Street in London is named. As Teller of the Exchequer, he is credited with instituting major reforms in public finance. His influence on the passage and substance of the mercantilist Navigation Acts was substantial. The Acts protected English maritime commerce from competition, especially competition from the Netherlands, and led to the increase in the size of the English merchant fleet and of the Royal Navy that protected it. They are credited with contributing to the security of the English state and its ability to project its power abroad, but may have stunted potential developments in shipbuilding and operation by stifling competition.

This item comes with a Certificate from John Reznikoff, a premier authenticator for both major 3rd party authentication services, PSA and JSA (James Spence Authentications), as well as numerous auction houses

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