Paterson Lottery Ticket for Society for Establishing Useful Manufactures

A post-Revolution lottery ticket sold to raise money for the Society for Establishing Useful Manufactures. One small sheet, measuring 4.25" x 1.75", Paterson, New Jersey, no date (ca. 1790s). A partially-printed Paterson Lottery ticket, No. 5643, which entitles the bearer "to such Prize as may be drawn against its Number, in the Lottery of the Society for Establishing Useful Manufactures, erected by Virtue of an Act of the Legislature of the State of New-Jersey—subject to a Deduction of 15 per Cent." The ticket has been signed at the bottom by Jonathan Rhea (1754–1815), manager of the lottery scheme. With uneven, lightly toned edges. A few scattered spots of soiling. Boldly signed. Overall very fine.

The Society for Establishing Useful Manufactures was the brainchild of Alexander Hamilton and Assistant Secretary of the Treasury Tench Coxe, and was established to promote industrial development along the Passaic River in New Jersey in an effort to gain independence from British industrial power. Paterson, New Jersey was chosen as the site of this endeavor due to its proximity to the Great Falls of Passaic, a 70-foot tall waterfall, that could help power the mills and factories outlined in the Society's plans.

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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