APUSH Unit 3_ Early Republic Review Sheet.pdf - Unit Three Review Sheet The Early Republic Unwritten Constitution\u200b the process of our government that

APUSH Unit 3_ Early Republic Review Sheet.pdf - Unit Three...

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Unit Three Review Sheet - The Early Republic Unwritten Constitution- the process of our government that is considered an essential part of the system yet are not actually written in the constitution - The cabinet - Washington’s first task as president was to appoint secretaries (heads) of the executive departments- Secretary of Treasury, Secretary of War, and Secretary of State - Judicial Review - The Constitution only mandated a Supreme court but congress was given the power to create a national court system. The Judiciary Act of 1789 established a federal district court in each state, circuit court appeals from the districts, with the Supreme Court having the final say. Hamilton Financial Plan (1791)- Alexander Hamilton, Secretary of Treasury, presented to Congress a plan for putting U.S. finances on a stable foundation. - (1) pay off the national debt at face value in order to get good credit and secure loans from Dutch and British financiers (Funding bonds “at par”) - (2) Hamilton then proposed that the national gov’t further enhance public credit by assuming the war debts of the states-> ASSUMPTION OF STATE DEBTS. Some states had already paid off their war debts, so Hamilton promised reimbursement. - (3) National Bank- In 1790, Hamilton asked Congress to charter the Bank of the United States, which would be jointly owned by private stockholders and the federal government. He argued that it would provide stability to the starved American economy by making loans to merchants, etc. Madison and Jefferson opposed Hamilton’s financial initiatives, charging that Hamilton’s national bank was unconstitutional = STRICT INTERPRETATION. However, Hamilton preferred a LOOSE INTERPRETATION and argued that the constitution’s “necessary and proper” clause (elastic clause) gave Congress the authority to do whatever needed to carry out its enumerated powers. Opposition to Hamilton’s FInancial Plan - Opposed by states who already paid their war debt - Opposition to “funding at par” because it rewards speculators enormously - Opposition to National Bank as violation of Constitution Whiskey Rebellion- To fund state debt assumption, Hamilton got Congress to tax whiskey production but this quickly sparked a domestic insurgency. Rebelling farmers could barely afford to pay a tax on the whiskey and rather than pay the tax, they defended their liberties by attacking the revenue collectors. Neutrality Proclamation- In 1793, Washington issued a Proclamation of Neutrality, allowing U.S. citizens to trade with all belligerents. Washington proclaimed that U.S.
would not give any aid to the French in the war against Britain. As neutral carriers,

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