The Capital
Episode 6: A Permanent Seat
Episode 6 | 7m 47sVideo has Closed Captions
As the struggle to build D.C. continues, Washington hopes that his dream of a capital will prevail.
As the struggle to build the city continues, lack of money becomes an increasing challenge. Three land speculators form a questionable syndicate, led by James Greenleaf, to help raise capital to complete the project but the land speculation enterprise ultimately fails. Former President Washington retires to Mount Vernon hoping still that his dream of a capital will prevail.
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The Capital is a local public television program presented by WETA
The Capital
Episode 6: A Permanent Seat
Episode 6 | 7m 47sVideo has Closed Captions
As the struggle to build the city continues, lack of money becomes an increasing challenge. Three land speculators form a questionable syndicate, led by James Greenleaf, to help raise capital to complete the project but the land speculation enterprise ultimately fails. Former President Washington retires to Mount Vernon hoping still that his dream of a capital will prevail.
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Learn Moreabout PBS online sponsorshipwere finally taking shape.
But the dream came with a high cost and desperately needed funding to build it.
Congress flat out refused to pay for it.
At that time, there was no income tax and no reliable national revenue to pull from.
With no financial support to build the Capitol, President Washington began to worry that the capital would actually remain in Philadelphia.
But the tides were about to change for Washington's fledgling dream.
An ambitious and very well-connected Bostonian came to town: James Greenleaf, born to a wealthy and prominent family.
Greenleaf was a land speculator who President Washington had just recently appointed consul to Amsterdam.
A skillful networker, he socialized his idea of buying lots in the developing capital with several important people, including President Washington.
Impressed, Washington personally wrote a letter to the commissioners about Greenleaf's intentions.
On the 23rd of September 1793, Greenleaf entered into a deal to acquire 3,000 city lots for a hugely discounted price of $66.50 per lot.
Greenleaf brought on two partners, Pennsylvania Senator and founding Father Robert Morris, America's wealthiest man, and John Nicholson, Pennsylvania's comptroller general, to buy 3,000 more lots.
Together, they devised a bold plan: raise capital by selling the future.
February 1795, the three men, often referred to as the Greenleaf Syndicate, launched the North American Land Company, a sweeping land speculation scheme meant to generate the funds needed to sustain the projects like the nation's new capital.
But, as with so many land speculation schemes, it struggled to pay off.
Greenleaf, Morris, and Nicholson were falling behind on payments to the DC commissioners.
So they recruited another ambitious businessman to secure more capital: Thomas Law.
He was appealing because he had something they didn't have: cash.
George Washington was becoming wary.
President Washington suspected the Greenleaf syndicate of being much more focused on profit than purpose, but Washington had little choice.
He needed the funds to keep the capital dream moving forward.
And while Greenleaf, Morris, and Nicholson struggled with their enormous land grab, they, along with law, began to build up the nation's capital by creating some of the first homes and buildings of DC that still exist today: places like the Duncanson-Cranch House, Wheat Row, and the Thomas Law House.
But the land scheme quickly turned on itself.
Sales slowed, and debts mounted.
Greenleaf, Morris, and Nicholson, financially overextended, all ended up in debtor's prison.
Nicholson died there.
By 1798, the financial model to support the building of the Capitol had unraveled.
With it, the future of the Capitol hung in the balance.
In the winter of 1799, exhausted and increasingly disheartened, George Washington returned to Mount Vernon.
He was by then more than a beloved former president.
He was a symbol, admired, sought after, and rarely left in peace.
Even at his home, visitors arrived daily, and Washington, ever dutiful, received them.
One December afternoon, while riding across his estate, he was caught in a cold, driving storm of rain and snow.
Soaked through his clothing, he returned home.
But instead of changing, he politely sat down to greet the guest who had been waiting for him.
The next morning, his throat was raw.
His breathing labored.
Doctors were called.
Treatments were attempted, including bloodletting, but nothing slowed Washington's decline.
On December 14th, 1799, George Washington, the nation's first president, died.
His final words: "Tis well."
News of his death spread quickly, and the nation was frozen in its tracks.
In life, Washington had held the band of patriots together: eight years of war; the process for creating and ratifying a constitution; and then setting the example of a leader deferring to "We, the people."
In death, he did something more.
He inspired the new nation to act as one.
In the months that followed, Congress did what it had long resisted.
For the first time, federal funds were directly committed to ensure George Washington's grand vision: the completion of the Capitol along the banks of the Potomac.
In 1800, the government moved into its new Capitol.
The first session of Congress was held inside the unfinished walls of the United States Capitol.
In that Capitol building, for the first time, DC is referred to as the "permanent seat of government" by the new president, John Adams.
The vision survived.
In the end, this city was never just about buildings.
It was about a belief.
George Washington imagined a capital of broad avenues, public spaces, and quiet grandeur, a place that would signal to the world that something entirely new had taken root: a government not of kings, but of citizens.
250 years later, the Capitol still holds true to that vision: an aspirational, enduring, unfinished dream.
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