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Federal Hall & Its Importance, By Bobby Jain

By Jason McDonald


For those that plan on traveling into New York City, the Financial District is home to some of the most impressive sites that the city has to offer. One of the best examples is Federal Hall, which is not only a tremendous tourist attraction but a building with a rich history. Bobby Jain and other names in finance will agree, but what exactly makes Federal Hall as important as it is? Read on if you'd like to learn more about the most important locations in American History.

Federal Hall, once known as New York City's Hall, was built in 1700. During that time, it became the first United States capitol building, not to mention the site of many historic events throughout history. As Robert Jain and other authorities on finance will tell you, Federal Hall was where George Washington was inaugurated as the first President of the U.S. in 1789. Needless to say, this event alone would make this building historic.

It wasn't long after Washington's inauguration that Federal Hall would be the site of another historic landmark. For those that don't know, in 1791, the Bill of Rights was passed in the same building. Anyone that knows American history will tell you that the Bill of Rights was significant because of the rights that people would enjoy. These include, but aren't limited to, freedom of speech, the right to peacefully assemble, and the right to a speedy, public trial.

While the original Federal Hall building has long since been demolished, the Federal Hall National Memorial serves as a replacement of sorts, though not in the way you may imagine. As it's a memorial, it doesn't function as a traditional office building. This doesn't mean that it doesn't obtain foot traffic, as New Yorkers and tourists alike travel to it if they're in the Financial District. In fact, if you'd like to brush up on your American history, this would be the place to go.

To say that there is history when it comes to Federal Hall would be an understatement. These are just a few reasons why, so it's in your best interest to learn more on your own time. If you're in the area, either as a New Yorker, vacationer, or what have you, the memorial located in the Financial District is a great place to brush up on your history. You might also find it to be a great place for photo opportunities, provided you don't mind the crowd.




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