[Philadelphia: 1794]. Folio,  pp. Folded. Three pinholes in blank left margin, else Fine.
Enactment of the tax was an early victory for merchants in their ongoing battle against auctioneers who, merchants argued, placed them at an unfair competitive disadvantage and distorted the workings of the market. The Act required anyone who "shall exercise the trade or business of an auctioneer" to obtain a license "pursuant to some law of a state, or issued pursuant to the directions of this act." Additional administrative requirements were imposed. The Act was approved by President Washington on June 9, 1794, and signed in type by him, Ralph Izard as President pro tempore of the Senate, and Speaker Muhlenberg.
FIRST EDITION. Evans 27878. NAIP w028075 . Item #23496