New York City was the national capital under the Articles of Confederation and Perpetual Union , the first government. That organization was found to be insufficient, and prominent New Yorker Alexander Hamilton advocated a new government that would include an executive, national courts, and the power to tax. Hamilton led the Annapolis Convention (1786) that called for the Philadelphia Convention , which drafted the United States Constitution, in which he also took part. The new government was to be a strong federal national government to replace the relatively weaker confederation of individual states. Following heated debate, which included the publication of the now quintessential constitutional interpretation— The Federalist Papers —as a series of installments in New York City newspapers, New York was the 11th state to ratify the United States Constitution , on July 26, 1788.  New York remained the national capital under the new constitution until 1790, and was the site of the inauguration of President George Washington, the drafting of the United States Bill of Rights , and the first session of the United States Supreme Court . Hamilton's revival of the heavily indebted United States economy after the war and the creation of a national bank significantly contributed to New York City becoming the financial center of the new nation.
An Exchange from the December 22, 2016 Issue
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Jackson, Kenneth T., ed. The Encyclopedia of New York City . New Haven: Yale University Press, 1995.