9-24 Early Republic - Early Republic George Washington...

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9-24-07 Early Republic o George Washington elected president o Congress passed Bill of Rights o Congress addressed economy and debt o Judiciary Act of 1789 Set Supreme Court justices at six Establishes SC jurisdiction Created 13 judicial districts Establish circuit courts and district courts o Alexander Hamilton Prot é g é  of George Washington Secretary of the Treasury Elitist Prepared a financial plan and report of Congress 9-27-07 Cont… Early Republic o Report on the Public Credit US owed about $80 million Hamilton wanted the government to assume all the debt Some problems gaining support
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Southern states did not like the plan o Because the south did not owe as much money Northern states favored the plan Compromise was reached Plan was approved New national capital to be on the Potomac River
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