Copy of Chapter 7 APUSH.pptx - A G N C I T LI A E B R C...

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CREATING A FEDERAL REPUBLI C CHAPTER 7
PRESIDENT WASHINGTON Unanimously elected President by Electoral College in 1789 John Adams = VP (2 nd highest # of votes) Washington’s cabinet Thomas Jefferson- Secretary of State Alexander Hamilton- Secretary of Treasury
BILL OF RIGHTS Author of 1 st 10 amendments= James Madison Adopted in 1791 Included: freedom of religion, press, speech right to bear arms no cruel and unusual punishment eminent domain trial by jury
JUDICIARY ACT OF 1789 Created federal courts Under the Supreme Court John Jay: first Chief Justice of USA
HAMILTON’S FINANCIAL PLAN Secretary of Treasury Favored wealthier class wanted to cut them financial breaks so that they would lend the gov’t money & political support Argued federal gov’t should fund the entire national AND state debt
HAMILTON’S FINANCIAL PLAN Hamilton believed assumption would tie the wealthy creditors to the federal gov’t == thus strengthening the central gov’t States with a large debt supported assumption MA States with little debt did not VA Compromise? Virginia wanted the capital to be located on the Potomac River District of Columbia VA gets the deal
TAXES National debt at 70 million Hamilton believed = more creditors the gov’t owed money to, the more interested they would be in the success of the gov’t How to pay the debt… Tariff law in 1789 Small tax imposed on imported goods (protected American industries) Tax on whiskey --7 cent tax per gallon
HAMILTON VS. JEFFERSON Hamilton wanted to create a Bank of the United States Federal funds would be placed there and be in circulation Would print paper money (with value) Thomas Jefferson = AGAINST National Bank
Jefferson: STRICT view of Constitution Hamilton: LOOSE view of Constitution Bank not authorized by Constitution All powers not specified in Constitution reserved for the states (amendment 10) States should charter banks What the Constitution did not forbid, it allowed Con. Says Congress may pass any laws “necessary and proper” to carry out government functions Government collected taxes and regulated trade, thus a bank was necessary and proper Hamilton was using the “elastic clause” of the Constitution Bank hotly debated in Congress Industrial North supported it Agricultural South did not Washington sided with
Hamilton vs. Jefferson Lesson
WHISKEY REBELLION The Whiskey Rebellion of 1794 Western Pennsylvania Whiskey distillers mad about tax, got violent Washington responded with force 12, 000 men formed; Washington in command Larger than the Continental Army in Revolution “Whiskey Boys” disbanded before army arrived Showed that the federal gov’t would meet problems with overwhelming force
POLITICAL PARTIES Founding Fathers did not want political parties to form The rivalry between Hamilton and Jefferson created the first two permanent political parties Hamiltonian “Federalists” Jeffersonian “Democratic-Republicans”

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