Copy of GW Notes - OUR FIRST PRESIDENT GEORGE WASHINGTON Washington sets a Precedent Precedent\u2014acts or statements that become traditions to be

Copy of GW Notes - OUR FIRST PRESIDENT GEORGE WASHINGTON...

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OUR FIRST PRESIDENT GEORGE WASHINGTONWashington sets a PrecedentPrecedent—acts or statements that become traditions to be followed Setting up the Judiciary --system of courtsJohn Jay -first Chief Justice of the Supreme CourtSetting up the Cabinet -group of federal leaders who headed the major departments of State, Treasury and WarBuilding the Federal GovernmentWashington’s administration --officials in the executive branch of governmentJohn Adams —Vice PresidentThomas Jefferson—Secretary of State—conducted foreign policyAlexander Hamilton—Secretary of Treasury-handled the nation's financesHamilton’s Money ProblemsProblem #1Foreign Debt Created excise taxes—tax on specific goodsRaised tariffs -tax on imported goodsCreated federal banks of the United States to regulateProblem #2Agricultural economyNot workingRegulated business and industryInterpreting the ConstitutionLoose construction—broad interpretatiStrict construction—limiting federal government to powers strictly granted by the constitution
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