section_path: Commander in chief (1775–1783)/Demobilization and resignation
section_name: Demobilization and resignation
paragraph_text: Demobilization and resignation
  
  When peace negotiations began in April 1782, both the British and French began gradually evacuating their forces. With the American treasury empty, unpaid and mutinous soldiers forced the adjournment of Congress. In March 1783, Washington successfully calmed the Newburgh Conspiracy, a planned munity by American officers; Congress promised each a five-year bonus. Washington submitted an account of $450,000 in expenses which he had advanced to the army, equivalent to $ 9.53 million in 2023. The account was settled, though it was allegedly vague about large sums and included expenses his wife had incurred through visits to his headquarters.
  
  The following month, a Congressional committee led by Alexander Hamilton began adapting the army for peacetime. In August 1783, Washington gave the Army's perspective to the committee in his Sentiments on a Peace Establishment, which advised Congress to keep a standing army, create a "national militia" of separate state units, and establish a navy and a national military academy.
  
  The Treaty of Paris was signed on September 3, 1783, and Britain officially recognized American independence. Washington disbanded his army, giving a farewell address to his soldiers on November 2. During this time, Washington oversaw the evacuation of British forces in New York and was greeted by parades and celebrations. Along with Governor George Clinton, he took formal possession of the city on November 25.
  
  In early December 1783, Washington bade farewell to his officers at Fraunces Tavern and resigned as commander-in-chief soon thereafter. In a final appearance in uniform, he gave a statement to the Congress: "I consider it an indispensable duty to close this last solemn act of my official life, by commending the interests of our dearest country to the protection of Almighty God, and those who have the superintendence of them, to his holy keeping." Washington's resignation was acclaimed at home and abroad and showed a skeptical world that the new republic would not degenerate into chaos.
  
  The same month, Washington was appointed president-general of the Society of the Cincinnati, a newly established hereditary fraternity of Revolutionary War officers. He served in this capacity for the remainder of his life.