Preview and Processing 1.What is happening in the painting? 2.Where is the event happening? 3.How is this different than today?

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Presentation transcript:

Preview and Processing 1.What is happening in the painting? 2.Where is the event happening? 3.How is this different than today?

Inaugurated in NYC April 30, 1789

  Elected Unanimously by Electoral College; John Adams Elected Vice President   Elected Unanimously by Electoral College; John Adams Elected Vice President

Thomas Jefferson, Secretary of State

Alexander Hamilton, Secretary of Treasury

Edmund Randolph, Attorney General

Henry Knox, Secretary of War

Judiciary Act of 1789 Congress Created Judicial Branch John Jay named first Chief Justice

Proposed plan to get country off on sound economic footing

Assuming a National Debt Current Debt: $13,496,232,630,041 Debt per day: $4.10 Billion Debt per person: $43,

How does a government go into debt? 1. By selling bonds Bond: a certificate of ownership of a specified portion of a debt due to be paid by a government or corporation to an individual holder and usually bearing a fixed rate of interest.

Major Treaties Jay Treaty 1794 – British finally agree to evacuate forts on American frontier and soil, but failed to end British harassment of US ships at sea Pinckney Treaty 1795 – Spain agreed to allow Americans to use lower Mississippi River and port of New Orleans, set Florida border

By 1792, Hamilton and Jefferson headed rival political parties. ( pg 185) Jeffersonians or Republicans (or Democratic Republicans Optimistic view of human nature: people are basically good and capable of self- government Federalists Pessimistic View: people are basically selfish and must be controlled by government

Government Power 1. Nationalist; strong central government 2. Loose Construction of Constitution (based on Elastic or necessary and proper clause, Article 1, section 8, clause 18)

Economy and Capitalism Agrarian economy; farmer backbone of society Rural centered Laissez-faire (hands off) approach to economy No tariffs Industrial economy based on manufacturing Modified capitalism, government aids business Tariff to protect American business

Making the Connection Homework Hamilton v. Jefferson 1.What were the four points? 2.Explain each. 3.Name the political parties that were created as a result of the dispute between Hamilton and Jefferson.

Making the Connection: Homework 4.What was the Whiskey Rebellion? 5.Why did Hamilton see the rebellion as a opportunity? 6.What important precedent did the Whiskey Rebellion establish? 7.How does the Whiskey Rebellion help to demonstrate the differences in philosophy between Hamilton and Jefferson?