George Washington had to borrow money to relocate to New York, then the center of American government. His presidential inauguration was held near New York's Wall Street in late April 1789. A tremendous crowd showed up to see the man now known as "the Father of His Country." Borrowing a custom from English monarchs, who by tradition address Parliament when its sessions open, Washington gave a brief speech. It was the first inaugural address and the first of many contributions that Washington would make to the office of the presidency.