Commercial, industrial economy Strong army and navy Federal government assumes state debts Government bonds Impose excise taxes/tariffs National bank.

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Presentation transcript:

Commercial, industrial economy Strong army and navy Federal government assumes state debts Government bonds Impose excise taxes/tariffs National bank & currency Get it?

Federalists Democratic Republicans Led by Hamilton Led by Thomas Jefferson Strong centralized government Strong state government Economy based on trade/industry Economy based on farming Pro-British Pro-French Loose construction of Constitution Strict construction of Constitution

The Struggle Over Foreign Policy 1.Ohio River Valley Treaty of Greenville: Native Americans cede most of Ohio to U.S. Treaty of Greenville: Native Americans cede most of Ohio to U.S. 2.Europe differing responses to French Revolution differing responses to French Revolution Washington’s proclamation of neutrality during British/French war Washington’s proclamation of neutrality during British/French war Jay Treaty of 1794: British gave up forts on American soil, kept restrictions on American ships, pay prewar debts to British Jay Treaty of 1794: British gave up forts on American soil, kept restrictions on American ships, pay prewar debts to British Pinckney’s Treaty: guaranteed American free shipping rights on Mississippi River & access to New Orleans; established northern boundary of Spanish Florida Pinckney’s Treaty: guaranteed American free shipping rights on Mississippi River & access to New Orleans; established northern boundary of Spanish Florida 3.Washington’s Farewell Address avoid “entangled alliances” avoid “entangled alliances” American foreign policy American foreign policy Heed my words! (or don’t)

That’s gotta hurt…

The Age of Jefferson The Revolution of 1800 Jefferson makes changes: 1.Hated taxes 2.Streamlined the bureaucracy 3.Common style versus aristocratic wealth John Marshall and the Supreme Court -4 part legacy: judicial review 1. power to review the acts of Congress/President and determine constitutionality (judicial review) *Marbury v. Madison (oh my god this is important) 2. federal laws superior to state laws 3. broad interpretation of Constitution…why? 4. limited state governments from interfering with business

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