Power of federal government federalist favored a

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- Power of Federal Government - Federalist favored a strong national government - Foreign policies - Feds wanted beneficial relationship with England for trade and money - Economic policies - Bank - Balance between liberty and Order - Alien and Sedition Acts HAMILTON VS JEFERSON NATIONAL BANK TARIFF KENTUCKY & VIRGINIA RESOLUTION T Jefferson vs A Hamilton Hamilton’s Financial Plan Alien & Sedition Acts - Hamilton’s financial Plan - American debt was high - Money was worth little - Called for dealing debt problems - Sought to gain the support of the wealthy - Hamilton’s plan: - Excise Tax: - tax on manufactured goods - Bank of the United States: - Private entity with government owning stock - Conflict between Hamilton and Jefferson - Funding all debt: - Pay off debt 1800 THOMAS JEFFERSON ELECTED - Jefferson: - Enemy of Alexander Hamilton
The Election of 1800 1ST PEACEFUL TRANSITION OF POWER (REV OF 1800) Early 1800s Policial Parties, Louisiana Purchase and the Monroe Doctrine THE MARSHALL COURT Important John Marshall Court Cases - Writer of the declaration of independence - Washington’s secretary in state - Write of the Kentucky resolution - Triumph of Jeffersonian - Election of 1800 - Aaron Burr - Republican elector of Jefferson and Burr - Went to the house of representative 1800 - 1860 MARKET REVOLUTION The Market Revolution & its Impacts - Market Revolution: a revolution in transportation, farming and production of goods - Increased the use of the canals - Steamboats and railroads - Cash crops - to sell - Antebellum - Cotton Gin: Eli whitney - Steel plow - Government Actions - State and federal gov often helped fund roads - Men and women began to work outside the home and factories - Textile mills located near water - Lowell Factory - Emergence of business elite - Poor workers 1803 LOUISIANA PURCHASE The Louisiana Purchase - Jefferson wanted to make the country bigger - The French controlled Louisiana - Jefferson was concerned about self reliance - Louisiana Territory : 15 million dollars - The constitution posed as an issue for this purchase 1812- 1814 WAR OF 1812 The War of 1812 HARTFORD CONVENTION 1814 - War of 1812 - Neutrality - War Hawks : Henry Clay wanted to see america Step up and defend - War of 1812: was no universally supported and America was not ready - Hartford Convention - Last ditch effort to amend the constitution federalists for embargo to declare war and admit new states - Treaty of Ghent - Battle of New Orleans 1814- 1824 ERA OF GOOD FEELINGS (??) The Era of Good Feelings - Time of increased nationalism and only one political party - Why did it occur? - End of federalist party / War of 1812 - Emerging sectionalism - Tariffs do not benefit the south - 2nd Bank of the United States - Panic of 1819 - Hurt farmers - Compromise of 1820 CLAY’S AMERICAN SYSTEM 2ND BUS TARIFF OF 1816 Henry Clay’s American System Sectionalism and the American System - American System - New bank of the U.S - Debate over loose vs strict interpretation of the constitution - Henry Clay wanted a 3rd BUS - The BUS ended in 1838 - Internal improvements at the expense of federal government - Protective tariffs
- Tax on foreign goods - Price of foreign goods increased provides revenue for government and makes American products more appealing - Success - Built up many states infrastructure - Many first government sponsored programs -

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