2024/02/24
History
In the tapestry of American history, 1791 holds a special place. In this year, the vibrant city of Philadelphia became the new capital of the budding United States. But what led to this important shift, and what made Philadelphia the desirable choice? Let's delve into this intriguing part of U.S. history.
The Residence Act passed by Congress in 1790 initiated the move of the capital city. This act, signed into existence by first U.S. President George Washington, allowed the President to select the location for the new "Federal District." The city chosen would hold the honor of serving as the national capital for a 10-year period while the permanent capital was under construction. The city of Philadelphia was Washington's choice.
Located in the state of Pennsylvania, Philadelphia was an appealing choice for several reasons. First, its central position in the colonies made it easily accessible from both the northern and southern states. Additionally, Philadelphia was the largest city in the United States at the time, rich with culture, and bustling with economic opportunity.
During its tenure as the capital (1791-1800), Philadelphia hosted numerous pivotal events. The first U.S. Stock Exchange and the First Bank of the United States were both founded in the city. This united the country's financial assets and established the nation's credit, both essential to the growth of the nascent United States.
More importantly, Philadelphia played a significant role in shaping the political fabric of the nation. In 1787, prior to its assignment as the national capital, the city had already hosted the Constitutional Convention, where delegates drafted and signed the U.S. Constitution. It was thus a fitting locale for the continued evolution of the nation's governing mechanisms.
While Philadelphia relinquished the role of U.S. Capital to Washington D.C. in 1800, its history remains alive and well in the city’s buildings, artifacts, and narratives. From 1791 to its present-day status, Philadelphia continues to play a pivotal role in American history, bearing witness to the growth of the nation from its infancy to the global force it is today.