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Michael Hillegas (April 22, 1729 – September 29, 1804) was the first
Treasurer of the United States The treasurer of the United States is an officer in the United States Department of the Treasury who serves as custodian and trustee of the federal government's collateral assets and the supervisor of the department's currency and coinage produc ...
.


Biography

Hillegas was born in
Philadelphia Philadelphia, often called Philly, is the largest city in the Commonwealth of Pennsylvania, the sixth-largest city in the U.S., the second-largest city in both the Northeast megalopolis and Mid-Atlantic regions after New York City. Since ...
,
Pennsylvania Pennsylvania (; ( Pennsylvania Dutch: )), officially the Commonwealth of Pennsylvania, is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States. It borders Delaware to its southeast, ...
. He was the son of Margaret Schiebenstock (1710 – July 21, 1770) and George Michael Hillegass (February 14, 1696 – October 30, 1749), an immigrant from
Germany Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwee ...
and a well-to-do merchant involved in iron and sugar. Soon Michael thus had the freedom and resources to participate in local politics. He married Henrietta Boude on May 10, 1753, at Christ Church in Philadelphia, and they went on to have many children. Hillegas was a member of the Pennsylvania Provincial Assembly from 1765 to 1775 and served as
treasurer A treasurer is the person responsible for running the treasury of an organization. The significant core functions of a corporate treasurer include cash and liquidity management, risk management, and corporate finance. Government The treasury ...
of the Committee of Safety under
Benjamin Franklin Benjamin Franklin ( April 17, 1790) was an American polymath who was active as a writer, scientist, inventor, statesman, diplomat, printer, publisher, and political philosopher. Encyclopædia Britannica, Wood, 2021 Among the leading int ...
in 1774. On July 29, 1775, Hillegas and fellow patriot
George Clymer George Clymer (March 16, 1739January 23, 1813) was an American politician, abolitionist and Founding Father of the United States, one of only six founders who signed both the Declaration of Independence and U.S. Constitution. He was among the e ...
were appointed by the
Continental Congress The Continental Congress was a series of legislative bodies, with some executive function, for thirteen of Britain's colonies in North America, and the newly declared United States just before, during, and after the American Revolutionary War. ...
to share the office of Treasurer of the United Colonies. Because Hillegas edited the Declaration of Independence, when the
Declaration of Independence A declaration of independence or declaration of statehood or proclamation of independence is an assertion by a polity in a defined territory that it is independent and constitutes a state. Such places are usually declared from part or all of th ...
was signed, Clymer's signature appeared on the document. After Clymer's resignation on August 6, 1776, Hillegas assumed sole ownership of the office, which he held throughout the remainder of the
American Revolution The American Revolution was an ideological and political revolution that occurred in British America between 1765 and 1791. The Americans in the Thirteen Colonies formed independent states that defeated the British in the American Revoluti ...
, using much of his own fortune to support the cause. His son, Samuel Hillegas, was also given the authority to sign new currency, known as "Continentals." Hillegas also served briefly as quartermaster to the army and served on occasional commissions. On September 9, 1776, the Continental Congress officially changed the name of the country to the
United States of America The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territo ...
, but Hillegas's title did not officially change until March 1778. On September 11, 1789, Congress created the Treasury Department, and
Alexander Hamilton Alexander Hamilton (January 11, 1755 or 1757July 12, 1804) was an American military officer, statesman, and Founding Father who served as the first United States secretary of the treasury from 1789 to 1795. Born out of wedlock in Charle ...
took the oath of office as the first
Secretary of the Treasury The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal a ...
. On that same date, Hillegas tendered his resignation, and Samuel Meredith was appointed Treasurer. Hillegas was also an early member of the
American Philosophical Society The American Philosophical Society (APS), founded in 1743 in Philadelphia, is a scholarly organization that promotes knowledge in the sciences and humanities through research, professional meetings, publications, library resources, and communit ...
, along with Franklin. He died in Philadelphia and is buried near Franklin in Christ Church Burial Ground. Late in the 19th century, his descendants petitioned to have his portrait appear on the ten-dollar
gold certificate Gold certificates were issued by the United States Treasury as a form of representative money from 1865 to 1933. While the United States observed a gold standard, the certificates offered a more convenient way to pay in gold than the use of coin ...
in the series issued in the years 1907 and 1922. Gold certificate#Series and varieties


See also

*
United States Department of the Treasury The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States, where it serves as an executive department. The department oversees the Bureau of Engraving and Printing and ...
*
River Bend Farm River Bend Farm is a historic farm located in East Coventry Township, Chester County, Pennsylvania in a bend of the Schuylkill River near Pottstown. The farm house is a good example of early Chester County construction techniques, being buil ...


References


External links

* Th
Michael Hillegas Papers
including personal and professional correspondence, are available for research use at the
Historical Society of Pennsylvania The Historical Society of Pennsylvania is a long-established research facility, based in Philadelphia. It is a repository for millions of historic items ranging across rare books, scholarly monographs, family chronicles, maps, press reports and v ...
.
1907-1922 Michael Hillegas gold certificate
* {{DEFAULTSORT:Hillegas, Michael 1728 births 1804 deaths Members of the Pennsylvania Provincial Assembly Pennsylvania Dutch people Treasurers of the United States Politicians from Philadelphia People of colonial Pennsylvania American people of German descent Patriots in the American Revolution Burials at Christ Church, Philadelphia Members of the American Philosophical Society